Markets

Jul 08, 2011 at 07:26

All this talk about the US losing reserve currency status to a "basket of currencies" is meaningless nonsense. It will not solve a damn thing, nor will it wreck the…

Jul 08, 2011 at 06:55

At the moment the US Dollar down trend has officially stopped, and this is scaring some folk. After all in the last few days we have heard the Chinese have…

Jul 08, 2011 at 06:38

Thursday saw a break out higher following the pre-market rise in future following the better than expected employment picture. Friday before the open, the government will release the non-farm payroll…

Jul 07, 2011 at 19:10

Currently the SP 500 Index continues to work its way toward historical highs (1575.00 region), as we get closer to our overall prognostication. That being said, the last 20 percent…

Jul 07, 2011 at 18:56

The stock market continues to power ahead, with the SP up another 1.1% today and about 7% over the last 8 trading sessions. For those keeping track that's roughly a…

Jul 07, 2011 at 15:12

The eventual insolvency of many or most state and local governments in the United States, as well as of many major corporations, can be relatively easily shown to be the…

Jul 07, 2011 at 11:39

The International Energy Agency (IEA) has recently warned us the world will face higher energy costs, higher carbon emissions and greater uncertainty over security of energy supply if it turns…

Jul 07, 2011 at 10:37

Those who take issue with the outlook of Austrian economists in general, and Euro Pacific Capital in particular, have pointed to the persistence of low bond yields as proof that…

Jul 07, 2011 at 09:14

This has been an interesting year for both gold and oil. There has been wild price swings due to extreme political, economic and weather events round the globe making these…

Jul 07, 2011 at 08:24

The Bank of International Settlement holds 500.7 tonnes of gold as at the end of 2010. Why? In the third quarter of 2009 it held just under 120 tonnes. These…