"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •509 days | 2,368.70 | +35.30 | +1.51% |
|
Platinum •15 mins | 1,554.10 | +1.50 | +0.10% |
 |
WTI Crude •11 mins | 58.53 | -0.31 | -0.53% |
|
Gasoline •18 mins | 1.890 | -0.007 | -0.36% |
|
Ethanol •509 days | 2.161 | +0.000 | +0.00% |
|
Silver •509 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 509 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 509 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 11 mins | 63.05 | -0.32 | -0.50% | |
|
Natural Gas • 2 hours | 4.406 | -0.143 | -3.14% | |
|
Heating Oil • 12 mins | 2.401 | -0.005 | -0.20% |
Markets
Preservation of Principal Is Paramount
With the popping of the credit bubble early last year, mortgage losses are now threatening to collapse the fractional reserve banking system. For financial institutions and consumers that are underwater,…
Sowing More Big Government with the Farm Bill
Free trade helps farmers and consumers much more than this convoluted system of subsidies, surpluses and central planning. Newly opened markets would create increased demand for what we produce. There…
Avoiding Wash Sale Rule with Alternate Accounts
All investors and their investment advisors, should have an understanding of the Wash Sale Rule and related rules before making investment decisions, instead of learning about them painfully from their…
The Next Shoe To Drop
The next shoe to drop for the financials, and the larger credit crisis, will be the market's acceptance that mortgage related write-downs are nowhere near complete or close to where…
Raising Margin Requirements May Spike Oil Prices Higher
Commodity pricing theory mainly focuses on the transference of a "risk premia" from risk-adverse hedgers to speculators. This insurance-like context was first proposed by Keynes (1930) in his theory of…
Consumer Spending Wont Save the US Economy
That exports are booming is due to the dollar's fall against the currencies of its trading partners. The error with respect to exports is the old one of confusing GDP…
Merk Market Outlook: Purple Haze
With the economy caught somewhere in the purple haze between recession and anemic growth, many market prognosticators have been making the case that the worst is behind us.
Yield Spreads, Financials and Gold
Despite increasing noise in the main press about the rallying US stock market indices and a meaningless debate about the so-called "oil bubble," the most important event in May was…
Doo-Doo Bank Drill Down: Part 1 - Wells Fargo
Well, the first bank on the drill down list will also be 2nd of the banks that I will deliver a forensic analysis on (the first was PNC Bank). That…
Market Update: My Way
The week opened at support on many charts and indicators, and we had every reason to expect at least a modest rally. The extent of that rally, we knew, was…
Sign up to the
Safehaven Market Insider
