"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •506 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,524.20 | +7.00 | +0.46% |
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WTI Crude •18 hours | 58.06 | -0.94 | -1.59% |
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Gasoline •18 hours | 1.883 | -0.035 | -1.82% |
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Ethanol •506 days | 2.161 | +0.000 | +0.00% |
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Silver •506 days | 30.82 | +1.16 | +3.92% |
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Silver • 506 days | 30.82 | +1.16 | +3.92% | |
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Copper • 506 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 17 hours | 62.56 | -0.82 | -1.29% | |
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Natural Gas • 18 hours | 4.580 | +0.106 | +2.37% | |
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Heating Oil • 18 hours | 2.456 | -0.077 | -3.04% |
Markets
Do You Remember When I Said Commercial Real Estate Was Sure To Fall?
Neophyte and/or overzealous (like those who bought from Blackrock recently) investors are sure to be bathed in buyer's remorse as well, as the realization of purchasing at the top of…
Explosive Money Supply Fuels Global Inflation
The worst is yet to come for the global banking system, which faces potential losses of more than half-trillion dollars from investments in toxic sub-prime US mortgage debt.
Stock Cycles
A recession in 2009 falls into the range specified above based on cycle length. So even if oil prices do stay high it is likely that the time table I…
To Negative Infinity - And Beyond
In short, the banks loaned every additional dime of the trillions of dollars that they took in! And then more on top of that! No additional reserves at all! Not…
Inflation Inflates
Inflation is not a threat anymore, its here. Corporate margins are at a record high level and will be under pressure from rising cost, but from lower sales volumes as…
Not Yet Time To Throw In The Towel
With more bad news surfacing almost daily on the topics of housing, structured investment vehicles (SIVS), and the general credit markets, the odds of a recession and continued difficulty for…
Balancing Risk in a Time of Crisis
Faced with the very real threat of a deep recession caused by a freeze-up in credit, falling home values and soaring loan defaults, the Fed is left with a rock-and-a-hard-place…
Banks, Brokers, and Bullsh1+ Part 1
Last week, Morgan Stanley called Citibank the "short play of the year for 2008". That is rather rare - an investment bank not only issuing a plainly worded sell recommendation,…
Market Follies and US Dollar Index Update
...Think of each USD as a snowflake, which by itself is nothing. Collectively though, the trillions of USD similar to the snowflakes blanketing a city are instead blanketing the globe.…
The Copper Outlook
Copper is one of the most useful metals on this planet. It's resistant to corrosion, a good conductor of electricity and it's also flexible. It is used in so many…
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