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Markets

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Gold Thoughts

Jun 03, 2008 at 00:00

s is readily apparent, the Gold market had been living this past year in those rare best of times. Federal Reserve was on a determined course to lower interest rates.…

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Howling at the Moon

Jun 03, 2008 at 00:00

You invested $100 in 2002 buying power to get back, after five years, $76 in 2002 buying power! Hahaha! Your 'fabulous' investment made a paper gain, but produced a real,…

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Second Great Depression in Detroit

Jun 03, 2008 at 00:00

I've had a minor obsession with Detroit for the past year or so, ever since I learned that one could purchase a single family home there for $5,000 or less.…

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Deflating...

Jun 03, 2008 at 00:00

Today is the 10th anniversary of the European Central Bank - now, although the ECB seems to be doing rather well and the Euro along with it, I do have…

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The Stock Market's Secular Trend

Jun 03, 2008 at 00:00

There's a big difference between a stock market that's rising in real (purchasing power) terms and one that's only rising due to currency depreciation. The reason is that a smart…

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Support

Jun 02, 2008 at 00:00

Is there enough optimism in the markets to keep us above support? That's a difficult question to answer this early on, but I'm leaning towards no. There have been a…

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Commodity Market Summary

Jun 02, 2008 at 00:00

Wheat closed 2.8-percent higher today, with the July contract settling 21 3/4 cents higher at $7.83 1/4 a bushel. Dry conditions in Australia continued to increase concerns over the newly…

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What is the Hemline Theory Telling Us About Stock Markets?

Jun 02, 2008 at 00:00

Just for a bit of fun ... The length of women's skirts tells you the way the market is going to go, according to the so-called "hemline theory".

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The Mean Season

Jun 02, 2008 at 00:00

While many economic pundits are trying to predict the end of the American recession that began last summer, HCM regrets to inform everybody that the United States' economy is entering…

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Higher Oil Bullish for Clean Energy? Not Necessarily!

Jun 02, 2008 at 00:00

One would think that if crude oil were about to spike to $150/bbl or higher, that the "clean energy" portfolio, otherwise known as solar stocks, would be a bit more…