"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •672 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •14 mins | 2,097.00 | +34.40 | +1.67% |
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WTI Crude •1 day | 89.83 | -12.44 | -12.16% |
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Gasoline •1 day | 3.324 | -0.297 | -8.20% |
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Ethanol •672 days | 2.161 | +0.000 | +0.00% |
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Silver •672 days | 30.82 | +1.16 | +3.92% |
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Silver • 672 days | 30.82 | +1.16 | +3.92% | |
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Copper • 672 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 98.33 | -11.54 | -10.50% | |
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Natural Gas • 1 day | 2.720 | -0.068 | -2.44% | |
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Heating Oil • 1 day | 3.612 | -0.418 | -10.38% |
Markets
Bubble Thesis Update
My thesis coming into the year was that 2010 was a "Bubble year." The unprecedented global fiscal and monetary policy response to the 2008 bursting of the Mortgage/Wall Street finance…
China and India: Still Hungry for Coal
UK-based consultants M&C Energy Group have become the latest to join the chorus of voices asking the international community to increase the pressure on China and India to switch to…
Don't Doubt the Double Dip
We've spent trillions of dollars on bailouts, stimulus programs, and Cash-for-You-Name-It programs, and we still have nearly half a million new people filing for unemployment every week. As Billy Joel…
Is This Where the Bond Market Gets Into Trouble?
Bonds prices up, bond yields down. Bonds prices down, bond yields up. This is an important day for watching bond yields, because the odds are now starting to increase for…
Wholesale Inventories Rise More than Expected; OK So Where's the Demand?
Rising inventories to meet rising demand is one thing, rising inventories in the face of weak or falling consumer demand is another. On the inventory side of the equation, Wholesale…
A Global Yuan Is A Threat To The Dollar But Good For Gold!
We have written many times about the need for the Yuan to be a global currency and eventually a global reserve currency [one of several]. We have talked of how…
Big Autumn Gold Rally
Gold enjoyed a strong August after emerging out of its late-July seasonal lows. But interestingly last month's bullish action was probably just the beginning of gold's newest rally. A whole…
Cracks In Central Banking Credibility
The credibility of central banks is being questioned. In the United States, media reports point to growing dissension within the Federal Reserve about future policy decisions. Additionally, the European Central…
Some Simple TA: TLT
On a short term basis, the i-Shares Lehman 20 plus year Treasury Bond Fund (symbol: TLT) has pulled back to support or its last "breakout" point. I suspect there will…
Bulls Continue to Run with Strong Foreign Markets and Economic Reports...
Thursday's trading reminded me of a line from a famous book and in a blockbuster movie, "You can not pass!". This was the bears confronting the bullish advances at the…
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