"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •510 days | 2,368.70 | +35.30 | +1.51% |
 |
Platinum •15 mins | 1,564.70 | -1.30 | -0.08% |
|
WTI Crude •11 mins | 58.19 | +0.24 | +0.41% |
|
Gasoline •22 mins | 1.869 | +0.011 | +0.61% |
|
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 • 17 mins | 62.74 | +0.26 | +0.42% | |
|
Natural Gas • 10 hours | 4.424 | -0.125 | -2.75% | |
|
Heating Oil • 13 mins | 2.373 | +0.019 | +0.81% |
Markets
That's How a Hangover is Supposed to Feel
But I don't think Americans much care about the "sorry state of capitalism". For Americans, it is more about the ends "lifestyle" than it is about the means "economics" or…
The Reflation and Releveraging of Japan
Barring a significant recapitalization (>$50 billion), we know the GSEs cannot be both solvent and to have the ability to reliquify the mortgage market. Such a significant recapitalization will inevitably…
A Legacy of Inflation
It amazes me how many investors are now concerned about a deflationary spiral occurring in commodity prices. They site oil prices that are slightly off all time highs or a…
Silver and Monetary Considerations
Many of you are probably too young to appreciate the full impact of the hyperinflation in Germany after WW1. It was devastating.
The True Nature of Fan and Fred
Back in 2002, WSJ had an article called "Fannie Mae Enron?", questioning their shaky derivatives accounting. And the person who was angry about this article, obviously besides the then-CEO of…
Of Misnomers, Fallacies, and Lies
The top misnomer being perpetuated by personalities like Jim Cramer and policy makers like Henry Paulson today is that financial problems are lingering because there is a 'crisis of confidence'…
Surging Central European Currencies: Running Out of Steam?
The three major currencies of central Europe have appreciated strongly against the euro so far this year, boosted to varying degrees by rising interest rates, strong economic growth, and positive…
The Cost of Socialism
Over the past few decades, the United States has steadily evolved from a nation of 'producers' to one of 'consumers'. The change has been celebrated by politicians and economists as…
Record Declines In Case-Shiller Home Index
For the second straight month, all 20 MSAs posted annual declines, nine of which are posting record lows and 10 of which are in double-digits. Both the 10-City Composite and…
US Tax Revenues Go Missing
For this article, I will examine what is going to happen to the deficit because of Federal tax revenues. In future articles, we will take a look at other major…
Sign up to the
Safehaven Market Insider
