"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •658 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 2,009.60 | -78.50 | -3.76% |
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WTI Crude •11 mins | 94.45 | +1.49 | +1.60% |
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Gasoline •12 mins | 3.366 | +0.008 | +0.25% |
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Ethanol •658 days | 2.161 | +0.000 | +0.00% |
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Silver •658 days | 30.82 | +1.16 | +3.92% |
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Silver • 658 days | 30.82 | +1.16 | +3.92% | |
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Copper • 658 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 103.46 | +1.55 | +1.52% | |
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Natural Gas • 11 mins | 2.718 | -0.004 | -0.15% | |
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Heating Oil • 15 mins | 3.946 | +0.008 | +0.21% |
Markets / Other
Do Bank Reserves Matter?
The answer to the question is yes, but not in the way that most people think. Most financial commentators believe that commercial banks expand their loan books by 'piggybacking' on…
State of the Economy
A look at the current state of the "Average Joe" and the affects the 2008 financial crisis had and continues to have on the economy.
Yet More Mischief from Cheap Money, Part 379
Nothing is safe - not student loans, emerging markets, or London flats. Did you enjoy your monthly dose of non-farms nonsense last Friday? Gold and silver both erased Thursday's drop…
The Fed and Regulators Should Draw the Veil
When I remark, from time to time, that I think the Fed has made a mistake in increasing transparency of its deliberations and actions, people occasionally look at me as…
Carl Icahn On Looking At JCPenney: No
Investor Carl Icahn joined Bloomberg Television's Trish Regan today and said Apple is undervalued, J.C. Penney is very hard to read and that if we do not change our corporate…
Dow Forecast Based On Past Cycles
W D Gann was a master at finding patterns in the past to guide the future ...
Playing Chicken With Reality
This is what American's have been reduced to with all the games people play. A bunch of overweight and delusional techno-freaks with increasingly whacked out moral values set against an…
Fed's Tough Sell: Printing vs. Pledging
Quantitative Easing (QE) involves pumping freshly printed electronic dollars into the hands of the Fed's primary dealers in exchange for bonds. A bond is removed from the economy and new…
Oil's Relationship with Oil Stocks and Gold
In our previous Oil Update we examined major factors, which previously fueled the price of light crude. Before we move on to the technical part of our Oil Update, let's…
Hitting A 'BRIC' Wall
Have the peripheral BRICS hit a brick wall? After years as investor havens with stellar performance, has the luster been tarnished and something much darker started to cast a dark…
