"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •102 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 979.00 | -15.40 | -1.55% |
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WTI Crude •11 mins | 74.27 | -1.29 | -1.71% |
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Gasoline •11 mins | 2.117 | -0.035 | -1.60% |
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Ethanol •102 days | 2.161 | +0.000 | +0.00% |
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Silver •102 days | 30.82 | +1.16 | +3.92% |
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Silver • 102 days | 30.82 | +1.16 | +3.92% | |
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Copper • 102 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 77.71 | -1.33 | -1.68% | |
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Natural Gas • 10 mins | 2.584 | -0.048 | -1.82% | |
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Heating Oil • 10 mins | 2.306 | -0.038 | -1.61% |
Markets / Other
Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?
It's crazy to keep trying things that cannot possibly work, over and over again.
Another Look at The Gold Price Drop of 6 November
The prevailing view in the gold community is that banks are speculators who bet on a falling price. To begin, they commit the casino faux-pas of betting on Do Not…
Corn Popping Higher
The corn price finally looks set to pop a lot higher so let's look at the short term action with the daily chart and then refresh ourselves of the long…
Gold - Weakening
Gold has bounced slightly off 1067 yet technical structure indicates further bearish momentum. Support is given at 1045 (05/02/2015 low) and hourly resistance is given at 1110 (06/11/2015 high). Expected…
Trouble Is Brewing in the Paper Markets for Gold and Silver
Precious metals bulls question why metals prices keep falling in the face of what appears to be strong demand and great fundamental reasons for prices to move higher instead. The…
Hybrid Lindsay Forecast for a High
The Hybrid Lindsay forecasts occasionally shared with readers in this space are a combination of the work done by the great twentieth-century technician, George Lindsay, and my own, more traditional,…
Existing Home Sales Decline, NAR Calls Report 'Disturbing'; First Time Buyers Decline Third Year; Housing Clearly Weakening
Existing home sales came in a bit under Bloomberg Econoday Consensus, down 3.4% in October. Year-over-year trends are weakening.
Welcome To The Third World, Part 16: The Best Jobs Are Now In Government
Years (actually decades) ago I lived in a New York University grad student dorm that housed mostly elite kids from other countries. Sons of African finance ministers, daughters of European…
Will Fed Raise the Discount Rate Today?
I continue to expect a December rate hike is far from accomplished, regardless of today's decision on the discount rate.
The Success of Irish Austerity: The Joke is on Krugman
During the late 1990s, Ireland's economy was booming. This was mostly due to a low corporate tax rate of just 12.5% and an international real estate bubble that boosted global…
