"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •92 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,001.80 | -3.80 | -0.38% |
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WTI Crude •10 mins | 75.14 | +1.43 | +1.94% |
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Gasoline •10 mins | 2.106 | +0.014 | +0.66% |
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Ethanol •93 days | 2.161 | +0.000 | +0.00% |
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Silver •92 days | 30.82 | +1.16 | +3.92% |
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Silver • 92 days | 30.82 | +1.16 | +3.92% | |
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Copper • 92 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 78.90 | +1.28 | +1.65% | |
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Natural Gas • 10 mins | 2.848 | -0.122 | -4.11% | |
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Heating Oil • 10 mins | 2.339 | +0.044 | +1.93% |
Article Archive | Page 3939
No Holiday Cheer for Consumers
The holiday shopping season started off with conflicting reports. ShopperTrak RCT reported that Black Friday sales were up 8.3%, while the National Retail Federation said that traffic was up 4.8%,…
The Epic Battle over Crude Oil and the US$
"Here are two brother countries, united like a single fist," declared Venezuelan kingpin Hugo Chavez after meeting Iran Mahmoud Ahmadinejad in Tehran on Nov 19th. "We have common viewpoints and…
Is the Bull Market Dead?
After a rough six weeks, investors are shaking the cobwebs from their heads and reevaluating the stock market's upside potential. What many had assumed would be a slam-dunk in the…
Will Ambac and MBIA Survive?
JPMorgan (JPM) estimates that Bank CDO Losses May Reach $77 Billion. Losses on collateralized debt obligations at the world's biggest banks may double to $77 billion, JPMorgan Chase…
FED be Nimble, FED be Quick - Run into that WALL OF BRICK!
US Fed vice-chairman Donald Kohn is in a quandary. I'm sure he's not alone. It's just that he happened to be tasked with making a set of statements that would…
Long-Term Bull Trend Still Intact
This is a very interesting and important chart right about now. Let's take a closer look?and what we see is that this week's action (so far) represents a key upside…
No Market Bottom in Sight Yet as the Fed Fails
Since October 11, 2007 we have seen the DOW, S&P 500, and Nasdaq all decline in a correction. The three averages closed right on their August closing lows on Monday…
No Regrets
For the shortened and volatile week, the Dow dropped 1.4% (up 4.2% y-t-d) and the S&P500 1.3% (up 1.6%). Economically-sensitive shares suffered, with the Transports down 2.5% (down 2.4%) and…
Who's Afraid of Low Inflation?
"This is the most asinine and thoroughly ridiculous thing I have ever heard! In all my years of studying economics and rigorously defending my theories...I have never heard of such…
Freddie's Insolvency and Gold's Immediate Outlook
11/23/2007 This is a follow up to my last article: 'Subprime Mortgages Lead to Subprime Currency' (available here) in which I wrote: "The curious mind asks, who holds…
