"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •570 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,741.30 | +164.40 | +6.38% |
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WTI Crude •1 day | 61.07 | +1.71 | +2.88% |
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Gasoline •1 day | 1.851 | +0.034 | +1.86% |
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Ethanol •570 days | 2.161 | +0.000 | +0.00% |
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Silver •570 days | 30.82 | +1.16 | +3.92% |
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Silver • 570 days | 30.82 | +1.16 | +3.92% | |
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Copper • 570 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 65.88 | +1.82 | +2.84% | |
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Natural Gas • 1 day | 5.275 | +0.230 | +4.56% | |
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Heating Oil • 1 day | 2.429 | +0.062 | +2.61% |
Markets / Other
Precious Points: Gold Got Sold, but Should You Hold?
It's not at all likely that the credit crunch which plagued the markets last week will be resolved when trading on Monday resumes. But ... it appears the Fed is…
The Bears Get Sentimental on the Market
For a while there this past week it looked as if the bears would be proven correct on their super pessimistic market outlook. It also appeared as if the Big…
Mad Dash For Cash
There was a mad dash for cash on Friday and certainly no one should have been surprised by it.
Technical Market Report
We are only 21 trading days from the all time high set for the DJIA on July 19 and number of new lows suggests this decline will be significant. There…
The Panic of 2007
Investment banks put together all types of asset-backed paper. Car loans, mortgages, business loans, credit card debt, etc. are all fair game. And you can mix and match risk if…
Real Estate and Asset Deflation 11: Death of the "Sure-Thing"
The Endless and Almighty Inflation Brigade thought they had all entrances sealed off from the enemy, but the guards fell asleep after a wild four year bender and the stealth…
Refueling Psychotic-Optimism
In light of the Feds clandestine shattering of the discount window in the wee-hours of Friday morning, we really do not have much to add to last weeks rant about…
Fed to the Rescue
I was as mystified as anyone with Dr. Poole's Wednesday evening comments. U.S. and global Credit systems were succumbing to extraordinary stress, with overt negative ramifications for economic activity -…
Signs Of The Times
The next step in policy land will be a cut in administered rates which, if they have any market savvy, should be timed with very oversold conditions. As with many…
Gold and Oil - Are they real money measuring real value?
In the face of gyrating currency markets it is difficult to get a real "price" on anything at the moment. We have often asked the question here, what is the…
