Gold •368 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 1,407.10 | +25.00 | +1.81% | |
WTI Crude •2 days | 66.50 | -0.50 | -0.75% | |
Gasoline •2 days | 2.117 | -0.002 | -0.07% | |
Ethanol •368 days | 2.161 | +0.000 | +0.00% | |
Silver •368 days | 30.82 | +1.16 | +3.92% |
Silver • 368 days | 30.82 | +1.16 | +3.92% | ||
Copper • 368 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 2 days | 68.30 | -0.50 | -0.73% | ||
Natural Gas • 2 days | 3.387 | -0.022 | -0.65% | ||
Heating Oil • 2 days | 2.409 | +0.039 | +1.65% |
History inevitably repeats itself, and I know of no historical cycle more deeply embedded in human society than the cycle of debt and energy.
You can see how the S&P broke that last low and recovered. According to my rules it now has three days to break that low or it isn't going to…
Markets around the world are getting increasingly active - volatility is on the rise. Some of this volatility is due to the unwinding of certain carry trades. However, we think…
It was torture preparing my various weekly Global Indices tables. Major American Indices down between 3 and 5%, Toronto Composite down 4.3%, the Venture down 7.1%, Shanghai Composite down 7.1%,…
Based on the evidence at hand today, I look for the coming Summer rally to be a failed rally that will serve as a bull trap.
Communication coming from the G-8 was simply ballyhoo about wealth and prosperity created by decades of the use of fiat currency and expanding credit liquidity. The G-8 bravado disregards the…
Financing is not funding. Finance is a means of keeping track of who has agreed to fund what, through contractual arrangements known as bonds, notes and equity shares. While promises…
Excluding fuels, U.S. import prices excluding fuels increased 0.7% in May after increases of only 0.1% in March and April. As shown in Chart 1, on a year-over-year basis, ex-fuel…
The obvious question here is how much inflation fighting can an overleveraged, over speculated and over gamed economic and financial system take? If the dominos of debt repudiation begin to…
The new breed does not seek out the blood that sustains physical life; instead, they desire the monetary and financial life of their victims - the insatiable lust for power,…