"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •100 days | 2,368.70 | +35.30 | +1.51% |
|
Platinum •15 mins | 995.60 | +19.40 | +1.99% |
 |
WTI Crude •10 mins | 75.56 | -0.29 | -0.38% |
|
Gasoline •10 mins | 2.158 | +0.007 | +0.34% |
|
Ethanol •100 days | 2.161 | +0.000 | +0.00% |
|
Silver •100 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 100 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 100 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 10 mins | 79.17 | -0.23 | -0.29% | |
|
Natural Gas • 10 mins | 2.642 | -0.033 | -1.23% | |
|
Heating Oil • 10 mins | 2.349 | -0.002 | -0.10% |
Markets / Other
Shell Fires Another 10,000; Energy Layoffs Top 250,000; Oil Breaks $28 Again; In Search of Jobs
As its fortunes collapse due to falling oil prices, Royal Dutch Shell PLC will fire 10,000 people in an effort to bolster margins ...
Will the Crude Oil Price Crash Become Even Worse in 2016?
2015 was not a good year for speculators trying to time the oil markets. Oil kept cutting through each support level like a hot knife cutting through butter. It would…
Stock Market Stupidity Stoops to New Lows as Does Oil
Lot of people riding the stupid train right now. The stock market opened its third week of the year up 150 points on the Dow and, by midday, proceeded to…
Summary of My Post-CPI Tweets
The big picture concern - which is merely held in abeyance, since money velocity cannot stay permanently low unless interest rates also stay permanently low - is that interest rates…
Latest GDP Forecasts Confirm Things Will Get Ugly
The future looks bleak for stocks and not just the US market, I'm talking about global markets are poised to enter bear markets which we have seen already started to…
Bernanke: Don't Worry, China's $28 Trillion Debt is an "Internal Problem"
The blue ribbon award for ridiculous comment of the day goes to Ben Bernanke who dismissed China's $28 trillion debt pile as an "internal problem" only.
EUR/GBP - Reaching One-Year High
EUR/GBP keeps on rising. The technical structure suggests that there are strong buying interests. Hourly resistance lies at 0.7694 (15/01/2015 high) has been broken and hourly support is given at…
Three Important Levels For Bulls And Bears
The SP500 has already violated the blue trendline below and retested the line below the orange arrow. If the bulls can mount a rally this week, 1925 can be used…
Can Stock Values Simply "Disappear"? Yes
Stocks rallied on Thursday -- but then tanked even harder on Friday, which probably made that $3.2 trillion figure even bigger. But how can that be? Doesn't money simply move…
Everybody's Doing It
Yesterday's post on the unreliability of China's official numbers attracted comments that were mostly along the lines of "people who live in glass houses shouldn't throw stones." That is, where…
