Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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While economists and the mainstream media tried hard to get everyone excited by today's "better-than-expected" employment report (which included an unusually large and likely-to-be-reversed spike in hiring in the "Couriers & Messengers" category), t...
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Foreclosures are setting new records again, this time not in their overall numbers, but in the time it is taking for all of these properties to be processed through the legal system. The average loan in foreclosure has now been delinquent a record 6...
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Thursday, December 08, 2011
Europe Friday: Over promise, Under Deliver Again?
by CalculatedRisk on 12/08/2011 11:51:00 PM
The ECB disappointed today, and the EU will probably under deliver again tomorrow.
The following is no surprise - no one expe...
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"Two former employees of MF Global have brought suit against former CEO Jon Corzine for allegedly misrepresenting the health of the firm, using deceit to get employees to invest in company stock, and squandering that investment on risky European debt."...
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Dow, S&P Log Worst Thanksgiving Week Since 1932
Published: Friday, 25 Nov 2011 | 1:10 PM ET
By: JeeYeon Park
CNBC.com Writer
Stocks closed in negative territory in thin, shortened trading Friday as investors were reluctant to go long ahead of the wee...
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Time To Recession-Proof Your Portfolio
Parsimony Investment Research November 18, 2011
Confusion Among Leading Indicators
Economic Cycle Research Institute ("ECRI") chief Lakshman Achuthan recently took some heat from CNBC hosts on the ECRI’s voca...
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Following the bubble, the housing market's pain has been deep and persistent.
This isn't merely a cyclical downturn. Even six years after the market peaked, the healing process has not yet begun. The industry isn't in recession: it's in a depressi...
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There is an advertisement beside an online article by CNBC real estate reporter Diana Olick that speaks volumes to the America of the 21st Century. We want it all, but we can’t afford it. Inches away from the headline that states most homeowners ...
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ECRI Still Adamantly Campaigning For A Recession
by: Dr. Duru November 9, 2011
November 7, 2011, Lakshman Achuthan of the Economic Cycle Research Institute (ECRI) appeared on CNBC again to talk about recession. Achuthan was very adamant in his insi...
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Oil Prices Confirming ECRI Recession Call
by: Lance Roberts November 9, 2011
As goes oil, so goes the economy. Today we posted an update as to why oil price spikes hurt even more when disposable incomes are already under pressure, as it acts as an a...
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65% Chance of Banking Crisis by End November: Think Tank
Published: Wednesday, 9 Nov 2011 | 6:48 AM ET Text Size
By: Patrick Allen
There is a 65 percent chance of a banking crisis between November 23-26 following a Greek default and a run on the Ita...
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Home prices are highly seasonal, due to the different mix of homes that sell at different times of the year, but the latest reading for September shows home prices are under added pressure now; this is not just due to the high concentration of distr...
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In MF Global's full bankruptcy filing CNBC is listed as the 7th biggest unsecured creditor with $845,397 outstanding. I wonder what kind of advertising is represented in the amount. Don't watch the program enough to know if MF Globals ads run very freq...
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It remains to be seen whether the Occupy Wall Street protests will change America’s direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who rel...
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In an effort to send a message to big banks, some protestors, who seem to be associated with the Occupy Wall Street movement, have organized an event to remove all funds from banks and into credit unions.
Protestors are calling the event "Bank Transfer...
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Citigroup Cuts Global Growth Forecasts - Again
Thursday September 29, 2011, 10:07 am EDT
conomists at Citigroup have again cut their global gross domestic product forecasts for 2011 and 2012 as growth prospects "continue to deteriorate quickly."
At...
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Dr. Marc Faber suggests Gold could fall as low as $1,100. (See link.) I'm more in line with the other value target-price mentioned here: $1,400.
http://www.cnbc.com/id/44667027
In an email to clients on 8/22/11, I stated my strong hunch for Au's -25% ...
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"Germany bailing out Greece is poor people in a rich country giving money to rich people in a poor country."
Steve Liesman (second hand) on CNBC
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ECRI Growth Metric Drops Deeper Into Negative Territory
by: Doug Short September 9, 2011
The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) has now dropped further into negative territory after oscillating...
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Ya gotta give Bernanke credit for being THE most consistent clueless (or lying) Fed Politburo Head, ever.
For, as reported here:
http://www.cnbc.com/id/44411981
...our own loveable, Pigman in Chief is now soothingly cooing that the U.S. bank's:
TWO...
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ECRI Growth Metric Drops Deeper Into Negative Territory
by: Doug Short September 5, 2011
The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) dropped deeper into negative territory after oscillating in a...
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SPX and RUT Update: Market Has Reached the Topping Target Zone
I was watching CNBC last night, and it seemed like every other guest was predicting Dow 36,000 for 2012. Correct me if I'm wrong here, but don't bull markets start when everyone is bearish? In March of '09, AAII sentiment was over 70% bears...
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