"No warning can save people determined to grow suddenly rich" - Lord Overstone
 |
Gold •292 days | 2,368.70 | +35.30 | +1.51% |
|
Platinum •10 mins | 974.80 | +7.70 | +0.80% |
|
WTI Crude •19 mins | 64.14 | +1.06 | +1.68% |
|
Gasoline •14 mins | 2.094 | +0.029 | +1.38% |
|
Ethanol •292 days | 2.161 | +0.000 | +0.00% |
|
Silver •292 days | 30.82 | +1.16 | +3.92% |
 |
Silver • 292 days | 30.82 | +1.16 | +3.92% | |
|
Copper • 292 days | 4.530 | +0.111 | +2.51% | |
|
Brent Crude • 10 mins | 67.22 | +0.96 | +1.45% | |
|
Natural Gas • 10 mins | 3.025 | +0.009 | +0.30% | |
|
Heating Oil • 10 mins | 2.139 | +0.030 | +1.43% |
Markets
The Pension Crisis is Upon Us
For a number of years now there have been alarm bells sounded about the huge growing under funded liabilities of both US and Canadian employee pension plans. At stake are…
Trading Gold Volatility
Volatility, or more precisely the surreal lack thereof, is in the news more and more these days. The usual summer doldrums have been much more pronounced this year with 2005…
Gold - A Mad Tea Party
Like Alice at the Mad Tea Party, Alan Greenspan is puzzled. The interest rate "conundrum" in which 10-year Treasuries continues to fall despite an increase in short rates is confusing…
Moneyization Part Fourteen
Waking up this morning, 21 July, the world was a little different. Before our feet hit the floor, more than US$200 billion of purchasing power was destroyed. Ultimately and in…
The Rise to Ruin
I occasionally try to forget my economic background and rationalise investment bubbles. We all know that investment bubbles involve easy money, excessive credit growth, lax lending standards, leverage, "new era…
Inflationists Respond
First let me thank those responding to "the deflation debate". Robert Blumen wrote an article entitled End Game: Hyperinflation on the Mises Blog on July 9th, and David Petch who…
Will Earnings Finally Disappoint?
Last week, we discussed June same store sales results from the retailers. On Thursday last week, the Commerce Department released its retail sales report. Retail sales jumped 9.6% from last…
China Gives Green Light to Gold
The news that China cut its currency link to the U.S. Dollar came and went with little media reaction. Headlines and live feeds out of London dominated the news Thursday,…
Who Says No One Rings a Bell?
China's decision to change the nature of its currency peg means that it will no longer be in the dollar buying business, or by extension, the U.S. Treasury buying business.…
UK's BOE is Increasingly Dovish
Today, the minutes of the July 6-7 MPC meeting were released, and we learned that four of the nine members had actually voted for a rate cut. The doves argued…
Sign up to the
Safehaven Market Insider
