"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •676 days | 2,368.70 | +35.30 | +1.51% |
 |
Platinum •10 mins | 2,059.30 | -3.00 | -0.15% |
|
WTI Crude •2 days | 95.42 | +0.61 | +0.64% |
|
Gasoline •2 days | 3.527 | +0.071 | +2.05% |
|
Ethanol •676 days | 2.161 | +0.000 | +0.00% |
|
Silver •676 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 676 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 676 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 1 day | 101.29 | +1.23 | +1.23% | |
|
Natural Gas • 2 days | 2.757 | -0.012 | -0.43% | |
|
Heating Oil • 2 days | 3.899 | +0.083 | +2.16% |
Markets / Other
Exploring the Not-So-Altruistic Aspects of the 'Buffett Rule'
This week, President Obama released his $3.8-trillion budget for fiscal year 2013. The plan calls for new taxes on the wealthy, a restructuring of the tax code, and short-term infrastructure…
Euro's SPX Influence
Over the past few years, the fortunes of Europe's euro currency have appeared to significantly influence the US stock markets. This rather-curious relationship has proved vexing at times to American…
A Short-term Dip in Precious Metals Is Still Likely
We like Warren Buffett. We respect Warren Buffett. We'd love to sit and have lunch with him one day. As an investor, Warren Buffett is in a class all of…
Inflation: As 'Contained' As An Arrow From A Bow
Is 15 months in a row of rising core inflation 'contained?' Year-on-year core CPI has now risen for 15 consecutive months. At some point, it will seem reasonable to let…
Vanguard's Bogle: Tax Breaks For PE Firms are 'Ridiculous'
Vanguard Group founder John Bogle spoke with Bloomberg Television's Betty Liu yesterday at the Bloomberg Link Portfolio Manager Mash-Up conference in New York. Bogle said that lower tax rates for…
The Arbitrageur: Silver Backwardation
Ever since early fall 2010, long-dated silver futures have been in backwardation. This means the price of a silver future for, say, Dec 2015, was *lower* than the price of…
Silver Eagles Soar
In World War I severe material shortages played havoc with production schedules and caused lengthy delays in implementing programs. This led to development of the Harbord List - a list…
Gallup Reports Unemployment in February Increases to 9%, Up From 8.6%; Underemployment Increases to 19%
The latest Gallup survey finds U.S. Unemployment Increases in Mid-February. The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February, up from 8.6% for January.
Gold's Pullback An Opportunity?
We mentioned Wednesday that we were interested in the charts of gold and gold mining stocks. Gold mining stocks responded today with sharp gains. Given that more money printing is…
Gold and the Next Great War
Let's turn our attention to a cycle which we've rarely discussed over the years. The Kress 24-year cycle is one of the components of the 120-year cycle series which is…
