"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •581 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,260.70 | +84.00 | +3.86% |
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WTI Crude •12 mins | 64.40 | -0.74 | -1.14% |
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Gasoline •16 mins | 1.952 | -0.013 | -0.65% |
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Ethanol •581 days | 2.161 | +0.000 | +0.00% |
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Silver •581 days | 30.82 | +1.16 | +3.92% |
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Silver • 581 days | 30.82 | +1.16 | +3.92% | |
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Copper • 581 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 hour | 69.46 | +2.13 | +3.16% | |
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Natural Gas • 11 mins | 3.477 | +0.012 | +0.35% | |
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Heating Oil • 13 mins | 2.439 | -0.031 | -1.25% |
Markets / Other
The Stock Market is Not in "Uncharted Territory"
One of the fallacies about the recent financial turbulence is that the markets are in "uncharted territory" and that there are no historical precedents for the volatility, panic, or economic…
Stop The Auto Bailout Campaign
Enough is enough. Congress is about to waste more money attempting to prop up ailing dinosaurs GM and Ford. We need to do something about this and we will. Please…
Has the Web and the Blogosphere Ushered in the Death of Radio?
With the advent of the internet, audio related media distribution barriers to entry have come down dramatically. The dissemination of news has encountered a paradigm shift with the advent of…
Pivotal Events
Gold and gold shares were expected to decline with the classic fall liquidity crisis. With this, most pundits expected gold to rally with a tanking dollar. Using the history of…
Restricting Freedoms and Choices
As the financial sector continues its tailspin despite efforts to bail out Wall Street, among the few gainers in recent stock trading have been those companies looking for a new…
The Descent of Niall Ferguson
Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal...It's amazing what a tenured professor can earn these days...
In His Genius
In his genius, E.F. Schumaker foresaw the eventual demise of present day central banking long ago, and offers a workable solution that can both co-exit and operate within transition from…
The Emperors New Clothes
The week was ugly for the bulls. Support was once again tested and the bulls stepped in with significantly heavier volume on Thursday to create an intraday price swing of…
Some Straight Talk On the Stock Market
Never forget that it is the central planning of the Federal Reserve under Alan Greenspan that has brought us this current crisis. We are living with the unintended consequences of…
Fast Forward
Every week brings new financial and economic chaos and further cementing of perceptions (that should have been adopted years ago) that all is not right in Oz. The wizard is…
