"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •101 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 994.40 | +18.20 | +1.86% |
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WTI Crude •1 day | 75.56 | -0.29 | -0.38% |
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Gasoline •1 day | 2.152 | +0.001 | +0.03% |
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Ethanol •101 days | 2.161 | +0.000 | +0.00% |
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Silver •101 days | 30.82 | +1.16 | +3.92% |
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Silver • 101 days | 30.82 | +1.16 | +3.92% | |
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Copper • 101 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 79.04 | -0.36 | -0.45% | |
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Natural Gas • 1 day | 2.632 | -0.043 | -1.61% | |
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Heating Oil • 1 day | 2.344 | -0.007 | -0.30% |
Markets / Other
Levitation in Financials
Tuesday's special memo noted that the BBB to Treasury spread had made the turn to the next phase of widening. The worst with the Shanghai panic was 242 bps and…
A Good Time to Remember
It is a good time to remember that there are a whole lot of people in the market today, many of them managing many millions or even billions of dollars,…
Fed Hikes: Range Moves to 1/4 to 1/2 Range; Fed Signals Four More Hikes in 2016
Today, the Fed hiked by 1/4 point as widely expected, and signaled. Here is a snip from the Fed's Statement ...
The Dirty War for Europe's Money
FRA co-founder Gordon T. Long deliberates with Hedge Fund Manager, Yra Harris about the effects of financial repression and the imminent credit event. Harris is a macro Global Trend Trader…
Stock Market Breadth: Updated 2011 vs. 2015 Stats
Market breadth speaks to the percentage of stocks participating in a stock market rally. All things being equal, the broader the participation the healthier the market. In this article, we…
Industrial Production Declines Most in 3.5 Years, Down Eighth Time in Ten Months
Industrial production shocked to the downside this morning with a drop of 0.6%, the most in 3.5 years vs. an Econoday Consensus guess of -0.2%. Moreover, last month was revised…
Torrent Of Bad News Greets Fed As It Prepares To Raise Rates
Ideally, a central bank would like the party to be rocking when it takes away the punch bowl. This party, however, is not cooperating. For every sign of exuberance (high-end…
The Epocalypse: What Will D-Day Look Like?
D-day, December 16, 2015. It's now the dawn of that day when either the Fed Does or the Fed Doesn't. It doesn't matter. Either way, the economic apocalypse begins.
Currency Collapse
We think everyone should own some physical gold. Gold is the ultimate form of wealth insurance. Its wealth preserves through every kind of crisis imaginable. It will preserve wealth during…
Consumer Prices: A Sticky Situation
We have noted anecdotally that there is a creeping inflation in the system. It does not show up in commodities, which are in a post-bubble (ah, the good old 'China…
