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Markets / Other

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No Honeymoon for Janet Yellen

Feb 11, 2014 at 14:21

On Janet Yellen's first day on the job as Fed Chair, the Dow Jones Industrial Average dropped 326 points; 10-year Treasury yields fell to a mere 2.58%. While a day…

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Obama Spins Subsidies Both Ways

Feb 11, 2014 at 14:19

In our current age of spin and counter-spin, there is no contortion too great for a politician to attempt. On occasion, however, the threads of one story become entangled with…

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Gold $2800. Fiction Or Fact

Feb 11, 2014 at 13:55

In the gold market, there may be a "perfect storm" of bullish fundamental forces converging now. First, gold jewellery companies in China are reporting phenomenal increases of 15% - 50%…

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You Have Got To Be Joking! Bitcoin? My Report From The World Economic Forum

Feb 11, 2014 at 13:31

Dear Reader, I must apologize for my tardiness in filing my report on last month's World Economic Forum [WEF] in Davos. This annual gathering of the world's best and brightest,…

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Three Peaks and a (Complex) Domed House

Feb 11, 2014 at 12:31

The internet has been abuzz for several weeks about an analogue (discovered by Tom DeMark and popularized by Tom McClellan and others) of the bull market top in 1929 and…

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John Mack to Bloomberg TV: Stop 'Beating Up On' Blankfein, Dimon

Feb 11, 2014 at 11:19

John Mack, former chief executive officer at Morgan Stanley and senior advisor at KKR, spoke with Bloomberg Television's Stephanie Ruhle and Matt Miller today about job cuts and compensation in…

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The Golden Age of Gas, Possibly: Interview with the IEA

Feb 11, 2014 at 11:10

The potential for a golden age of gas comes along with a big "if" regarding environmental and social impact. The International Energy Agency (IEA)--the "global energy authority"--believes that this age…

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17 Questions That Deserve Answers

Feb 11, 2014 at 09:47

Germany requested that the NY Federal Reserve return the gold that Germany shipped to the United States decades ago. If the gold were physically in the vaults, it would be…

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Gold And Oil Both May Face Resistance - Elliott Wave Analysis

Feb 11, 2014 at 07:57

Gold is at the new highs already after breaking out of a triangle yesterday. We believe that price is now in wave (c) of a second zigzag that may form…

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Blankfein to BTV: This Could Very Well Be The Century of China

Feb 11, 2014 at 07:02

Blankfein also said China's expansion to have huge consequences, "The China growth story is going to be the story of the next 30-40 years...We really need that growth in China…

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