| Gold •510 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •15 mins | 1,575.00 | +9.00 | +0.57% | |
| WTI Crude •11 mins | 57.84 | -0.11 | -0.19% | |
| Gasoline •18 mins | 1.854 | -0.003 | -0.16% | |
| Ethanol •510 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 | 62.35 | -0.13 | -0.21% | ||
| Natural Gas • 11 mins | 4.507 | +0.026 | +0.58% | ||
| Heating Oil • 21 mins | 2.362 | +0.009 | +0.36% |
By Bernanke and Paulson's own admission the plan in question would not be successful if assets were purchased at 'fire-sale' prices. I am sure that taxpayers (the investor's fronting this…
September of 2008 will go down in financial history as the most dramatic moment since 1929 and 1987. Unprecedented recent actions by the government and monetary authorities will be studied…
Gold fell 2-percent on the day, with the December contract settling $17.80 lower at $891.20 an ounce. Strength in the U.S. dollar and falling energy prices reduces the appeal of…
One might be tempted to charge therefore that Congress makes its laws for the purpose of helping banks. This idea, too, is incorrect. Helping banks is merely a side effect.…
As more and more details of the Paulson proposal become clear, the smellier the package is. Today Bernanke admitted the Treasury has no intention of conducting a true reverse auction…
The year was 1933. Herbert Hoover was still President. Franklin Delano Roosevelt waited in the wings to be sworn in as the new President of the united States...
We are starting to see some major cracks in support for the Paulson Plan. The longer the bill is delayed the more time there is to kill it with infighting.…
I firmly believe that Bernanke, Paulson and the US Government are following the ideas laid out in Eggertsson's work "An interpretation of The Deflation Bias and Committing to Being Irresponsible".
The US Treasury will be facing major funding problems when they attempt to borrow the next three trillion dollars. The last few trillion they borrowed was a piece of cake…
A genuine gold bug is a person who is emboldened by knowing that 4,000 years of continuous economic history proves that EVERY fiat currency has failed, as they will always…