"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •635 days | 2,368.70 | +35.30 | +1.51% |
|
Platinum •15 mins | 1,919.40 | +13.80 | +0.72% |
 |
WTI Crude •11 mins | 102.73 | -0.15 | -0.15% |
|
Gasoline •7 hours | 3.399 | +0.048 | +1.42% |
|
Ethanol •635 days | 2.161 | +0.000 | +0.00% |
|
Silver •635 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 635 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 635 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 12 mins | 112.99 | +0.21 | +0.19% | |
|
Natural Gas • 11 mins | 2.849 | -0.038 | -1.32% | |
|
Heating Oil • 25 mins | 4.353 | -0.011 | -0.26% |
Markets / Other
Two Billionaires Describe Our Outlook
According to the Federal Reserve Board website, U.S. non-borrowed bank reserves have gone from $37B to $199M (nope, that's not a typo) in the last month.
The Absent-Minded Doctor
Should Paulson & Co. repeat this performance in 2008, former Federal Reserve Chairman Alan Greenspan may join his new boss in the Forbes 400. The research department at Forbes might…
The Double Whammy of Geopolitical Gold Games
Even the most rabid silver bugs admit the possibility that the Chinese are the Big Silver Shorts. This suggests that the Big Gold Shorts are also governments. Neither are naked…
The Ex Ante Factor: Bizarro World
If inflation is so high, why are bond yields so low? ... This is further evidence that our recent growth hasn't been real. When bond yields and credit spreads were…
Is this the Breaking of the Bear? Part 2
Bear Stearns will soon be, if not already, in a fight for its life. It is beset with the possibility of a criminal indictment (no Wall Street firm has ever…
Is this the Breaking of the Bear?
Bear Stearns will soon be, if not already, in a fight for its life. It is beset with the possibility of a criminal indictment (no Wall Street firm has ever…
The Failure of Inflation Targeting
Inflation targeting is yet to be formally adopted by the Federal Reserve (Fed), but recent market and Fed actions already prove that it is a failure. At the whim of…
Usury
A system of feudal debt usury has been created by Wall Street and the City Of London over the last few years for most of the inhabitants of the western…
An Indication the Economy is Lagging
And, worse, the Lagging Indicator has been outdistancing both the Leading and Coincident indicators for months and months, too, indicating that costs are going up. And they were. And they…
TedBits
This is the master thread to which all economic analysis must be held up due to the fiat monetary systems practiced UNIVERSALLY around the world. Just like a game of…
