"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •143 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 975.10 | +4.60 | +0.47% |
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WTI Crude •1 day | 71.24 | +1.14 | +1.63% |
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Gasoline •1 day | 2.061 | +0.002 | +0.10% |
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Ethanol •143 days | 2.161 | +0.000 | +0.00% |
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Silver •143 days | 30.82 | +1.16 | +3.92% |
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Silver • 143 days | 30.82 | +1.16 | +3.92% | |
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Copper • 143 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 24 hours | 75.17 | +0.94 | +1.27% | |
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Natural Gas • 1 day | 3.129 | -0.210 | -6.29% | |
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Heating Oil • 1 day | 2.275 | +0.001 | +0.02% |
Markets / Other
Slip Sliding
Economic statastics released this week show that the economy continued to weaken even before the attack on September 11th. The Index of Leading Indicators fell in August for the first…
A Time for Prayer
The tragic attack in New York City and Washington D.C. really puts economic and capital market analysis in its proper perspective. I'm sure I'm not the only one that found…
Do as I Say, Not as I DO
Dallas Fed president Robert McTeer met with the editors and writers of the Dallas Morning News last week and the interview ran over the weekend, Where's the rebound? McTeer's tone…
No Rebound Yet
Sun Microsystems just announced that it would not meet the $3.7 billion revenue target set last month. Sun also stated that it doubts it will break even in the current…
Retailers Starting to Show Cracks
Retail stocks have held up amazingly well. However, they are starting to experience weakness as investors are starting to realize that the economic slowdown is not reversing as soon as…
Reality Derails Semi Train
The semiconductor industry has become a popular item of discussion among Wall Street analysts and financial journalists. Everyone seems to think that the semis will lead the economic and stock…
Multiple Compression
A couple more telecom companies went bankrupt today. Metricom, the provider of Ricochet wireless Internet service, and Covad Communications, one of the many DSL providers that is has experienced the…
Debt Through Consumption
Second quarter earnings are wrapping up and according to FirstCall the S&P 500 earnings will be 17% lower than the year-ago period. Furthermore, companies are using this earnings period to…
Tis the Season to be Warning
It's the middle of earnings season and companies one after another are guiding down estimates for the third quarter. Most companies are fessing up regarding the third quarter and a…
Cell Phones Ring Up More Disappointment
With Alan Greenspan getting more TV time than Regis Philbin these days, we'll provide only a quick summary and move on: The economy is still weak. More rate cuts to…
