"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •672 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •20 mins | 2,068.80 | +6.20 | +0.30% |
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WTI Crude •19 hours | 89.83 | -12.44 | -12.16% |
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Gasoline •19 hours | 3.324 | -0.297 | -8.20% |
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Ethanol •672 days | 2.161 | +0.000 | +0.00% |
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Silver •672 days | 30.82 | +1.16 | +3.92% |
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Silver • 672 days | 30.82 | +1.16 | +3.92% | |
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Copper • 672 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 19 hours | 98.33 | -11.54 | -10.50% | |
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Natural Gas • 19 hours | 2.720 | -0.068 | -2.44% | |
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Heating Oil • 19 hours | 3.612 | -0.418 | -10.38% |
Markets / Other
A Fun Day in the Market!
The markets gave back today on a strong down day. Internals (down stocks versus up stocks) were strongly in favor of the bears.
Three Mile Island for U.S. Oil
With only so much oil to go around, every new off-take agreement signed by the Chinese with the Saudis or Venezuelans, for example, is a net loss in supply to…
Fed Privately Lobbies Senate to Kill Audit; What You Can Do!
A bill sponsored by Ron Paul and Alan Grayson to thoroughly audit the Fed, passed the House. However in a brazen move that ought to offend the sensibilities of every…
Pivotal Events
The ratcheting up of radical experiments by the administration could be taken as a negative for the US dollar, but the consequent threat to general financial markets could accelerate the…
1999 and 2010 Similarities in USD, Euro
Starting the month on a high note, the US dollar index could be in for the 6th consecutive monthly gain, which was last seen in Jan-June 1999. Similar to today,…
The Ulterior Motive Behind the Greek Bailout
Before we discuss this issue lets focus on some facts. Many individuals claim that Greece has to be bailed out to maintain stability in the financial markets. This is a…
Euro under Pressure; Traders Expect RBA to Hike Rates 25 Basis Points
The bailout agreement which was highly expected failed to restore confidence to the Euro, most likely because speculators still believe the sovereign debt problems in the Euro Zone are likely…
Broader Market Technical Analysis Update
Copper almost reached the resistance at $380 and entered into another correction. The current fall is testing the 17 w MA for support, a successful test clears the way for…
Non-Sustainability That Lasts (and other notions that don't stop)
Greece, despite having been around for nearly forever -- therefore supposedly having learnt such lessons before -- seems to have had only a finite understanding of sustainability ...
When Will We Go Down on the SP 500
I even can't see any divergence in 5min/1hr. I would say, we should close the GAP in cash at the 1211 level, and sell-off into the 1155 level , my…
