"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •808 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,806.40 | +12.10 | +0.67% |
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WTI Crude •1 day | 99.40 | -2.51 | -2.46% |
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Gasoline •1 day | 3.510 | +0.003 | +0.07% |
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Ethanol •808 days | 2.161 | +0.000 | +0.00% |
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Silver •808 days | 30.82 | +1.16 | +3.92% |
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Silver • 808 days | 30.82 | +1.16 | +3.92% | |
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Copper • 808 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 103.87 | -0.95 | -0.91% | |
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Natural Gas • 1 day | 2.901 | +0.000 | +0.00% | |
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Heating Oil • 1 day | 5.040 | -0.074 | -1.45% |
Markets / Other
Government and Fraud
The government itself runs a fraud much bigger than Madoff's. Our Social Security system is the very definition of a Ponzi, or pyramid scheme. If the government truly had an…
They Just Don't Get It
Most financial commentators, even the well-known and respected ones, just don't get it. They don't understand what's happening in macro-conditions because they fail to accept the understanding that sentiment, as…
The Reason Why a Down Trending VIX Sometimes Has No Rally Power
The reason you can't figure out when a down trending VIX produces a sideways movement on the S&P is because you are missing an important indicator that you should be…
Key Price Levels: December 22, 2008
As we approach this holiday shortened week where light volume should be the rule, the major indices and their ETF proxies are providing a mixed picture. The QQQQ and IWM…
Investor Sentiment Is Neutral
In sum, this is the second week in a row where the "dumb money" is neutral and the "smart money" is bearish, and this is not a scenario that is…
Long Term Picture for Gold and PM Stocks
In this short update we focus on the long term technical picture for gold and precious metals stocks since the fundamentals have not changed and remain bullish. The technical picture,…
The US Economy is Sinking in an Ocean of Newly-Created Money
Like the rest of his fellow free market critics Nason is not only ignorant of economic principles he is also equally ignorant of economic history and the history of economic…
Weekly Update
The Nasdaq seems to have an almost perfect V shape bottom now and a break above 1250 should take us close to the 1400 level. Note, there is also an…
Gold and Broad Market Bear Attack, Be Aware
Gold (GLD) and gold stocks have had a great run higher and some profit taking stepped in last Thursday and Friday by the looks of it. Thankfully the reversal candle…
Couples Hitched To The Economy, Not To Pets
... And changing attitudes towards debt, in both parents and children, are at the heart of the issue as to why Bernanke is fighting a losing, as well as reckless…
