| Gold •510 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •10 mins | 1,580.00 | +14.00 | +0.89% | |
| WTI Crude •11 mins | 58.19 | +0.24 | +0.41% | |
| Gasoline •13 mins | 1.886 | +0.029 | +1.53% | |
| Ethanol •511 days | 2.161 | +0.000 | +0.00% | |
| Silver •510 days | 30.82 | +1.16 | +3.92% |
| Silver • 510 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 510 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 11 mins | 62.64 | +0.16 | +0.26% | ||
| Natural Gas • 11 mins | 4.589 | +0.108 | +2.41% | ||
| Heating Oil • 11 mins | 2.337 | -0.017 | -0.73% |
Those who share the Fed Chairman's belief should explain in detail, using good economic theory as opposed to Keynesian "animal spirits", how counterfeiting money can possibly strengthen the economy.
This week, I continue to explore the perfect storm scenario, of a global housing bubble, a crashing financial market, and credit markets that seized up. I find that time is…
In a book written in 2005 and entitled Our Brave New World, we argued that the defining feature of the global economy was overcapacity. Back then, it was hard to…
Last weeks rally from a deeply oversold condition coincided with a period of seasonal strength. The market is now overbought entering a seasonally weak period. I expect the major indices…
Contrary to what you might believe, the Great Depression of the 1930s was not a decade-long era of economic decline. Rather, the Great Depression was made up of two distinct…
One of the biggest problems for long positions in gold and commodities generally in 2008 was the leverage used by investors in the futures market. Of course, as prices increased…
This is the major problem with basing a private business model on the receipt of government funds. This money does not come without control, or the future possibility of control.…
Take a gaggle of celebrities, mix into mis-guided ad campaigns, and sprinkle liberally over the financial crisis...
Loose in the head. As opposed to Hank Paulson, that's what traders now think of Geithner since he angered China before even getting in the door. They think he's loose…
... Remains the Same ... Or does it?