"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •294 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 981.80 | +2.20 | +0.22% |
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WTI Crude •10 mins | 63.00 | +0.73 | +1.17% |
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Gasoline •10 mins | 2.096 | +0.013 | +0.60% |
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Ethanol •294 days | 2.161 | +0.000 | +0.00% |
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Silver •294 days | 30.82 | +1.16 | +3.92% |
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Silver • 294 days | 30.82 | +1.16 | +3.92% | |
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Copper • 294 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 66.76 | +0.64 | +0.97% | |
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Natural Gas • 10 mins | 2.976 | -0.046 | -1.52% | |
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Heating Oil • 10 mins | 2.141 | +0.015 | +0.68% |
Markets
Dam That Levee - Are You Listening?
The devastation that was Katrina is beyond my wild imagination. Where would I be were it not for God's grace and should I find myself without home or car or…
Katrina to Trigger Fed's Rethink
The projected explosion in weekly jobless claims from Louisiana over the next months should eventually weigh on layoffs and lift the number of jobless by as much as 1 million…
Time to Call an Audible
Nearly all eyes are on the terrible devastation caused by Katrina, and rightly so. I can do little to add to the amount of news you already doubtlessly have, but…
Tech Stocks vs. Gold Stocks
Stock investing at the turn of the millennium has taken on quite a different look. Technology has simplified the process of investing and widened the scope of the everyday investor.…
The Train They Call The City of New Orleans (Part 1)
Point blank, no matter what economic cheerleader clowns such as Joe Battaglia on CNBC are saying, there simply is no good that comes out of these disasters. If there was…
Four-Year Cycle Update
It is amazing how predictive the 4-year cycle has been. The words and advice I wrote almost exactly four years ago turned out to be correct. The market had a…
The XAU in September
As we discussed early last month, August was the start of the seasonally bullish trend for the gold and silver stock sectors. We looked at how the XAU tended to…
Oil Crunch!
Words cannot be found to describe the devastation of Hurricane Katrina. One is both awed by the power of Mother Nature and the destruction it can wreak and the folly…
Connecting the Dots
Hurricane Katrina and its devastation is clearly the story of the day. However, since every reporter and his brother are covering that story, I won't do so here. As usual,…
Nothing Saved For a Rainy Day
The U.S. economy, which has clearly been a bubble in search of a pin, may have finally found one in Hurricane Katrina. However, if a recession ensues, it will not…
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