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Markets

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Big Rally Gives Up All Gains and Then Some...

Oct 01, 2010 at 06:27

Thursday's trading saw the major indexes give up the one percent intraday gains to eventually fractional losses. It seems that good news has been priced in and the major indexes…

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Not Doom and Gloom; Cyclical and Opportunity!

Oct 01, 2010 at 06:12

Unfortunately investors as a group are slow to adapt to change, which can be a harsh and costly lesson to learn. But where there is turmoil there is also opportunity…

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Old Mother Hubbard

Oct 01, 2010 at 06:00

Harvests around the world are going to be smaller, the world's food inventories are going to be lower while at the same time global demand for basic food staples -…

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QE Canaries In The Coal Mine?

Oct 01, 2010 at 05:16

Looking directly ahead, we believe the key linkage that could indeed change muni market perceptions is the relationship of individual municipalities to their counties, and ultimately the counties to their…

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Race to the Bottom

Sep 30, 2010 at 16:45

Long ago, before economic models developed their current levels of sophistication, it used to be that the goal of a government's economic policy was to bring prosperity to its citizens;…

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The Comedic Value of Naked-Short Paper Gold

Sep 30, 2010 at 16:44

I tend to get all obsessed with my own problems, mostly about how I never have enough money to do any of the things I want to do because my…

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Welcome to the Mania

Sep 30, 2010 at 12:57

With gold punching the $1,300 mark, thoughts of what a gold mania will be like crossed my mind. If we're right about the future of precious metals, a gold rush…

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An Inflationary Cocktail in the Making

Sep 30, 2010 at 11:34

The interesting part of growing older, that my wife and I have noticed, is the appearance that time speeds up. As each month that passes turns into years, as a…

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Floating Alternative to Nabucco Pipeline Materializes, Stabilizing European Energy Supplies But Limiting Turkey's Role

Sep 30, 2010 at 10:40

The "floating alternative to the US-sponsored Nabucco" pipeline network to bring Central Asian gas supplies to Europe and the Mediterranean has begun to materialize, further transforming or limiting the prospects…

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LBMA 2010: Back to the Future

Sep 30, 2010 at 10:27

The BIG MONEY flows from the biggest trends, of course. But even the brightest people, and with the best of intentions, can struggle to see today what hindsight will say…