"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •587 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,183.60 | +83.10 | +3.96% |
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WTI Crude •11 mins | 65.32 | +1.36 | +2.13% |
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Gasoline •11 mins | 1.992 | +0.033 | +1.66% |
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Ethanol •587 days | 2.161 | +0.000 | +0.00% |
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Silver •587 days | 30.82 | +1.16 | +3.92% |
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Silver • 587 days | 30.82 | +1.16 | +3.92% | |
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Copper • 587 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 70.19 | +1.39 | +2.02% | |
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Natural Gas • 11 mins | 3.105 | -0.010 | -0.32% | |
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Heating Oil • 11 mins | 2.451 | +0.053 | +2.19% |
Markets
'Tis But a Scratch!
The bull market in gold is a long way from losing both arms and legs just yet...
European Bank Stress Test Joke: This Insolvent Euro-Bank and Group of Central Bankers Met at a Bar and...
This post will outline the second bank stress test joke of the day with the first one detailed in "European Bank Investors, Don't Look Now - You've Been Hoodwinked, BamBoozled...".…
U.S. Dollar Stress Next?
The crisis is dead! Long live the crisis! In an attempt to address the debt crises swirling around the globe, policy makers have responded with a mishmash of somewhat questionable…
Consumers Lack Confidence?
Tuesday's trading action was disappointing. While we expected a higher open and a retracement intraday, the finish was lackluster. In addition, even though we are moving into what appears to…
Middle East Oil Producers Might Consider BP Investment - to Diversify
With BP poised to move on from the Gulf oil spill with a new chief executive, the beleaguered London-based company might look attractive to Middle East sovereign wealth funds after…
Price Stability Not a Fed Priority
I knew the instant that I read the article's title, "Fed Nominees Seek Economic Boost" in The Wall Street Journal, that I was probably going to be outraged and end…
Countdown to Gold's $1300 Assault
We remain convinced that gold has yet to make its high for the year, and expect an assault on $1300 to begin in about a month from now. Despite our…
Honest Money Gold and Silver Report: Market Wrap Week Ending 7/23/10
Since reaching its all-time high in June, gold has been in a short term downtrend, as defined by its declining price channel. RSI has turned up and MACD is slowly…
America, the Odd Man Out
At long last, a good portion of mainstream economists now concede that a 'double dip' recession is in the cards for the United States. To head off the pain, sixteen…
The Strength of Reaction and Precious Implications
Even though stocks moved higher in the previous days, the precious metals' reaction has been quite weak. Whereas the general stock market has moved nearly all the way back to…
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