"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •677 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,113.60 | -12.70 | -0.60% |
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WTI Crude •11 mins | 102.03 | +3.96 | +4.04% |
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Gasoline •11 mins | 3.711 | +0.111 | +3.09% |
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Ethanol •677 days | 2.161 | +0.000 | +0.00% |
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Silver •677 days | 30.82 | +1.16 | +3.92% |
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Silver • 677 days | 30.82 | +1.16 | +3.92% | |
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Copper • 677 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 108.14 | +3.93 | +3.77% | |
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Natural Gas • 10 mins | 2.839 | -0.071 | -2.44% | |
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Heating Oil • 11 mins | 4.122 | +0.153 | +3.85% |
Markets / Other
Real Time Recession Indicator
The Chicago Fed National Activity Index (CFNAI) improved month over month. However, the index still remains negative. More importantly, my real time recession indicator, which utilizes the CFNAI data, remains…
Headline Risk Surrounds Gold and the SP 500
The current trading environment is one of the most difficult that I can recall in recent memory. Risks abroad regarding the European sovereign debt crisis is keeping market participants on…
Crude Oil Analysis
January Crude Oil futures succumbed to selling pressure last week, reaching a high at $103.37 and forming a closing price reversal top. Once confirmed, this pattern often leads to a…
U.S. Economy: Time is Running Out for Q3!
My GDP-weighted ISM PMI Employment (manufacturing and non-manufacturing combined) in October bounced to 53.3 after contracting for the first time in 17 months in September and falling to below 50…
Outlook Still Favors Bearish Outcomes
Numerous problems are facing investors: The flawed structure of the Eurozone is coming back to haunt global leaders. The markets want the European Central Bank (ECB) to print money, but…
Russia Ups Ante with Caspian Neighbors by Moving Offshore
On 16 November in Astrakhan Lukoil president, Vagit Alekperov told journalists that his company will spend over $16 billion over the next decade to develop the country's Caspian offshore Korchagin…
On the Super Committee
This week marks the deadline for the so-called congressional Super Committee to meet its goal of cutting a laughably small amount of federal spending over the next decade. In fact…
Swing Trade Idea, Microsoft
MSFT: A member highlighted this stock and we concur it looks like it is ready to swing on the next change in risk attitude.
Syria's Quiet Civil War?
In Syria, it is estimated that more than 3,500 people have died in anti-government protests, according to the United Nations. Security forces have generally remained loyal to the Assad regime,…
The 'Fix' Is In
Both Spanish and Italian 10-year yields are in the 6.25%-6.50% range. Italian bond yields are only that low because of ECB buying last week. Over the weekend, Spain ousted its…
