Gold •136 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •1 day | 67.02 | -1.68 | -2.45% | |
Gasoline •1 day | 1.949 | -0.032 | -1.63% | |
Ethanol •136 days | 2.161 | +0.000 | +0.00% | |
Silver •136 days | 30.82 | +1.16 | +3.92% |
Silver • 136 days | 30.82 | +1.16 | +3.92% | ||
Copper • 136 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 1 day | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 1 day | 2.171 | -0.041 | -1.87% |
The chart below compares the Dow Industrials at the turn of this century versus the turn of the last century. In both cases, we saw major technological advances. Back then…
Across continental Europe, policy interest rates are headed upward, and maybe a little faster than the markets currently expect. Today's 25bp rate hikes from the Norwegian and the Swiss central…
Households' cash outlays for goods, services and nonfinancial assets (e.g. houses, SUVs) were approximately $662 billion more than their cash inflows in 2005 - a record in dollar terms and…
"The First Casualty of War is Truth" [1] Abstract President Roosevelt confiscated all of the people's gold under the Trading With The Enemy Act,…
Since the last update 5 weeks ago, the market has given us new highs. That update was written at the February lows, and my work was indicating that we had…
The good news is: • Many of the major indices including the S&P 500 (SPX), Dow Jones Industrials (DJIA), Russell 2000 (R2K) and Wilshire 5000 (Wil-5) closed at multiyear or…
"The U.S. outlook is all about the property market, which has been the wind beneath consumers' wings this decade." Paul McCulley, Managing Director, Pimco The world seems to be breaking…
This post draws on a few previous ones. We'll comment on several news items from this week as manifestations of the dominant impact of global speculative finance. They are Goldman…
But, All is Not Well On January 6, 2006 the Secondary trend, according to Dow theory, was once again reconfirmed as bullish. Last week there were minor secondary non-confirmations…
For the week, the Dow rose 1.8% and the S&P500 gained 2.0%. Economically sensitive issues shined, with the Transports up 2.4% and…