"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •578 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 2,039.70 | -81.90 | -3.86% |
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WTI Crude •11 mins | 62.16 | -3.05 | -4.68% |
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Gasoline •11 mins | 1.871 | -0.072 | -3.69% |
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Ethanol •578 days | 2.161 | +0.000 | +0.00% |
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Silver •578 days | 30.82 | +1.16 | +3.92% |
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Silver • 578 days | 30.82 | +1.16 | +3.92% | |
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Copper • 578 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 66.19 | -3.13 | -4.52% | |
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Natural Gas • 11 mins | 3.676 | -0.678 | -15.57% | |
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Heating Oil • 11 mins | 2.408 | -0.125 | -4.95% |
Markets / Other
McMansion Ghost Towns
I just handed in a manuscript for a new book ... I've been worrying that the "ghost town" reference was a little too extreme. But today's Wall Street Journal dispelled…
Honest Money Gold and Silver Report: Market Wrap
The trend is your friend. If you are feeling down about the recent action in the gold stocks, take a look at the big picture with this chart ...
The 2 year Cycle Low
The Breadth Summation index (BSI) turned up from very oversold levels and changed our stance to Neutral since July 3rd, 08 from our Sell the rallies since June 6, 08.…
'EURANIUM': Weaponized Fiat
The euro's architects have recognized that the worldwide dollar-reserve system cannot be sustained. The reason: The US Fed's dual - and conflicting - mandate of price-stability and full employment. The…
Technical Market Report
For the past week or so the market has been consolidating without any major glitches. There should be another leg up, soon. I expect the major indices to be higher…
The Rise of A New Asset Class
I believe that over the next 20 years the US economy will grow at roughly a rate of 3 percent compounded, in real terms. But I believe that we have…
The Uppers
For years now, the leveraged speculating community has profited handsomely from taking leveraged positions in higher-yielding business loans. Borrowing from Wall Street was easy, and it was just as easy…
If It Walks Like A Recession And Talks Like A Recession, It Must Be A Recession
fter the November elections, the National Bureau of Economic Research will tell us what we and the Fed already know - the U.S. economy currently is in a recession. Industrial…
Merk Economic Calendar: Week Ahead In US Financial Markets (August 4-August 8 2008)
We expect to see the impact of the fiscal stimulus begin to ease in June. Our forecast implies that personal spending will advance 0.4% vs. the 0.8% posted in May…
Betrayed by the Village Idiot
I say that the lesson to be learned here is that we have been betrayed by Congress, again and again, as it screws up everything it touches, which is what…
