"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •570 days | 2,368.70 | +35.30 | +1.51% |
|
Platinum •15 mins | 2,741.30 | +164.40 | +6.38% |
|
WTI Crude •1 day | 61.07 | +1.71 | +2.88% |
|
Gasoline •1 day | 1.851 | +0.034 | +1.86% |
|
Ethanol •570 days | 2.161 | +0.000 | +0.00% |
|
Silver •570 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 570 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 570 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 1 day | 65.88 | +1.82 | +2.84% | |
|
Natural Gas • 1 day | 5.275 | +0.230 | +4.56% | |
|
Heating Oil • 1 day | 2.429 | +0.062 | +2.61% |
Markets / Other
USD R.I.P.
...The call for more money to fix the financial markets comes just as global inflation is beginning to cause real mischief...
Contrarian Stock Market Investing Guide
We always find it important to test our current market hypothesis against the prevailing market wisdom. Since we are contrarians and tend to run against the herd, we constantly need…
What the "R" Word Brings to Gold
What are the major concerns on the Street today? Market analysts are starting to pronounce "recession," that nasty "R" word once again. But most are saying that the US economy…
Merv's Non-Edibles Futures Page
Weekly Technical Information and Ratings
Technically Precious with Merv
Good week but on pathetic daily trading volume. Professionals still on vacation ??? Let's see where we are.
The Other Shoe
The 2.8% monthly increase of new home sales in July was supposedly the surprise that drove Friday's rally. Unlike re-sale homes, a new home sale is defined by the Commerce…
The US Trade Deficit and Chinese Surpluses: Economics v Paranoia
Now that the recent turmoil in international markets has subsided for now attention is returning to the sinister machinations of Beijing and its silent war against the US economy. It…
Turning Points
There is every indication that the 4.5-yr cycle has made its low. The climactic sell-off followed by a strong rally is fairly typical. However, a re-test of the low is…
Honest Money Gold and Silver Report: Market Wrap
... there is ample evidence that the subprime debacle has turned into a contagion that is spreading, turning pretty much whatever it touches into toxic waste.
Dow 20,000
We remain in Buy Mode as the market raced higher on Friday - but on significantly lower volume. This should be setting up a retracement as selling kicks in. The…
