"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •582 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •20 mins | 2,069.40 | -1.20 | -0.06% |
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WTI Crude •11 mins | 63.61 | +0.32 | +0.51% |
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Gasoline •11 mins | 1.944 | +0.018 | +0.92% |
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Ethanol •582 days | 2.161 | +0.000 | +0.00% |
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Silver •582 days | 30.82 | +1.16 | +3.92% |
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Silver • 582 days | 30.82 | +1.16 | +3.92% | |
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Copper • 582 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 67.90 | +0.35 | +0.52% | |
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Natural Gas • 11 mins | 3.597 | +0.088 | +2.51% | |
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Heating Oil • 11 mins | 2.409 | +0.016 | +0.66% |
Markets / Other
Big Inflation Coming
In light of these universal falling prices, how could we not be entering a sustained deflationary period? The case may seem airtight, but I'd like to offer a contrarian view…
Gold - Volatility 2009
After current market indecision has given away to acceptance of an inflationary future, expect to hear the popping sound of the bond market bubble bursting and currency market volatility reaching…
Gold: Relative Performance v. Currencies
The fundamentals for gold are easiest explained by the competing forces of inflation and deflation. The ultra easy monetary policies of central bankers are today's seeds that are sowing tomorrow's…
Silver and the Chinese
Bloomberg put out some interesting news regarding the silver market stating that refined silver output in China has peaked and it could stop growing because less will be produced as…
Brazil: 100 is the New 75
In a surprise to the majority of forecasters, Brazil's central bank lowered its benchmark rate by a larger-than-expected 100bps on Wednesday after an official vote of 5-3 (the three voted…
Sterling's Damage and Geithner's Dollar Policy
As French and German officials begin to express concern with the impact of the pound's rapid fall on their already sluggish economies, more swings are expected in the British currency,…
It Is Time To Get Angry...
This week's letter will focus on banks and related financial matters. Of course, this brings us squarely back to the creation of TARP. In addition to focusing on financials, I…
Golden Sanity Amid Fits of Fiscal Madness
And as the bust continues, gold always becomes MORE valuable as everything else turns to crap and the government starts destroying everything with fits of fiscal madness in its insatiable…
What's Next? Another Leg Down, or a Rally?
... tracking the action of an index such as the S&P or the NASDAQ is an observation of broad-market action because you are looking at the composite action of all…
JP Morgan, When I Say Insolvent, I Really Mean Insolvent
I have said it before, and I'll say it again - JP Morgan is insolvent! Anybody from JPM who wants to correct can simply email me via the contact form…
