"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •572 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,717.40 | -160.70 | -5.58% |
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WTI Crude •11 mins | 60.40 | -0.23 | -0.38% |
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Gasoline •22 mins | 1.813 | -0.008 | -0.42% |
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Ethanol •572 days | 2.161 | +0.000 | +0.00% |
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Silver •572 days | 30.82 | +1.16 | +3.92% |
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Silver • 572 days | 30.82 | +1.16 | +3.92% | |
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Copper • 572 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 65.26 | -0.33 | -0.50% | |
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Natural Gas • 12 mins | 6.783 | -0.017 | -0.25% | |
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Heating Oil • 14 mins | 2.519 | -0.049 | -1.92% |
Markets / Other
USD/CAD - Approaching The Key Resistance at 1.1725
USD/CAD has recently increased its rate of ascent and is now close to the key resistance at 1.1725. Hourly supports now stand at 1.1605 (intraday high) and 1.1549 (15/12/2014 low).
Precious Metals Stocks: Are We There Yet?
One can only draw so many lines on a chart before they become completely confused on what trendline is actually important. Many will just starting connecting two top points and…
What's Behind the Plunge in Oil? Winners and Losers? Boon to Spending or Recessionary?
In the wake of a widely unexpected, huge oil price decline, I have received many questions and comments. Some speculate US pressure on Saudi Arabia to punish Russia. Others think…
Australian Mining Company Hedges Production
I urged gold mining producers some couple of years ago to hedge some of their expected production when gold entered in a bear market. For that, I caught some of…
Pigmen Win Again
After the disgusting example of politicians of both spineless parties bowing down before Wall Street, the military industrial complex and corporate interests this weekend with the passage of a bloated…
An Epic Blowout
The FED's easy money has encouraged rampant energy speculation and over-investment, resulting in more than $500 billion in new loans and investments in just the past 4 years. And so…
Update: China Wants to Conduct the World's High-Speed Rail Market
The construction of the American transcontinental railroad in the 1860s, which cost upwards of $136 million and covered 1,800 miles over arduous terrain, could not have been as easily accomplished…
Finanical Repression Authority with Andrew Sheng
Andrew Sheng has spent his career in Asia as a central banker and regulator. He summarizes the current global situation as developed economies simply "kicking the can down the road"…
Black Gold Loses Glitter
The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector…
The Passive Management Bubble
The easy monetary policies of global central banks have not only brought about serial asset bubbles, but these market manipulators have also created a new bubble...one where most investors have…
