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Markets

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Bargains Galore...

Oct 14, 2011 at 09:29

I'm sure many of our readers remember the 5¢ and 10¢ stores of the past. What a treat as a kid to browse through the merchandise looking for the chance…

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Afghanistan - Newly Discovered Mineralogical Treasure House (Again)

Oct 14, 2011 at 08:45

As the U.S.-led Afghan campaign lurches into its second decade, the country's vast untapped mineralogical resources are again emerging in the Western media, seemingly underpinning the benefits of International Security…

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The Discipline of Government

Oct 14, 2011 at 08:38

In 1963 Friedman, and coauthor Anna J. Schwartz, published A Monetary History of the United States, 1867-1960. In it, the authors claimed that the Great Depression would have been a…

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Mixed Close as Tech Continues to Lead Higher...

Oct 14, 2011 at 06:38

Thursday was a mixed bag as investors bid up Tech with the Semiconductor Index up two percent on the day. In contrast with that, Financials tanked as fear over waning…

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Chinese Banks Deteriorate; Loan Sharks Come Knocking; Copper Ponzi Financing Revisited; 5 Reasons to Expect Lower Commodity Prices

Oct 14, 2011 at 06:16

Anyone plowing into the copper Ponzi finance scheme since the beginning of 2010 is now underwater. Because of storage costs, loan fees, etc, that even includes those lucky enough to…

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Richard Wyckoff Tags on the SP500

Oct 14, 2011 at 06:04

Seriously this is real fun. Here we tag the SPY (SP500 ETF) with the Wyckoff bar by bar tags found via the Richard Wyckoff method. Once you complete this exercise…

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The 8% Solution

Oct 14, 2011 at 06:03

The terminal stage of Dr. Frankenstein-style central banking is disgorging ridiculous claims of authority motivated by reckless efforts to retain control. One such pincer attack is the Federal Reserve's purported…

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On Wine and Risk

Oct 13, 2011 at 14:23

This past weekend my wife and I were invited to a friends home for a social gathering and wine tasting. We always look forward to such events, not just for the…

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U.S. Bank Regulation - A Bridge to Nowhere?

Oct 13, 2011 at 14:11

An article late Tuesday says 'Volcker rule unveiled as U.S. curbs Wall Street bets' - reading time 4 minutes. The article reports that on Tuesday U.S. regulators put the so-called…

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Performance of SP500 in Recessions

Oct 13, 2011 at 11:39

The National Bureau of Economic Research has yet to declare that the US economy is in a recession, but they are usually late in making the call. On the other…