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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One of the big developments of late: The end of correlation between the Euro and "risk". It used to be, of course, that the Euro was a risk currency, that would rise, whenever equities would rise and so on.
But that's not been the case for awhile n...
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...tortured over gold backed currency by future jobless military recruits.
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In their third estimate of the third quarter 2011 GDP, the Bureau of Economic Analysis (BEA) revised the headline growth number downward once again to an annualized growth rate of 1.81%. This revision represents a drop in the reported growth rate o...
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David Apgar: Could Germany Be Right about the Euro?
. . . The purpose of the euro is to facilitate trade and commerce – not facilitate government borrowing.
This, then, is the impasse euro zone bond investors have reached. To avoid losses, they ...
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http://bangordailynews.com/2011/09/16/business/it%E2%80%99s-official-n-
h-investor-buys-2-katahdin-region-paper-mills/
Returning workers will get their old wages, up to $21/hr, but new workers will get $11/hr for the first 4 years. Millinocket & EMil...
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I was quite surprised to find this on 0hedge with no reference to iTulip.
I have not noticed him posting anywhere else previously, at least not as "Finster".
He does of course keep his Finster Financial Forecast, but no blog or discussion there.
The G...
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Iceland: From Crisis to Constitution
Yves here. I’m intrigued by the way Iceland’s post crisis experience does not get the coverage it warrants. This is a country whose banking system collapsed and its citizens suffered months of real privation (...
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Might be a reason for that what the f@#$ rally from hell Lime Juice 2 opined in the post below.
DUD110526.pdf (140.37K)
: 5
QuoteForeign-sourced earnings have pushed developed-market profits to above-average levels. Part of this reflects the ...
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Since early 2009 (when the U.S. stock bull market began), the U.S. dollar has collapsed. The Brazilian real is up 56%, from 41 cents to 64 cents. The Canadian dollar is up 35%, from 78 cents to $1.05. The Swiss franc has also risen 35%, from 85 cents t...
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Schaeffer's Link
I have never been a big Schaeffer's fan, but check out the second chart. Schaeffer interprets it as evidence that silver is acting more as a currency than as a commodity.
Hat Tip to qqq, who seems to have thrown the sink through the ...
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Bloomberg link...
Pretty sad...
Excerpts:
The government produced 6.4 billion new currency notes last year. Each one cost 9.6 cents to produce, including the cost of paper and printing.
-------------------
Just last week, the GAO called for replac...
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http://www.richardduncaneconomics.com/2011/02/12/currency-manipulators-
created-7-trillion-causing-the-global-economic-bubble/
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Fed Chair Bernanke Set to Speak; Comments Could Be Source of Volatility
By Joel Kruger, Technical Strategist
09 febrero 2011 12:45 GMT
There really isn’t all that much to talk about since the North American close with currencies continuing to...
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Trinity (seeing Neo turn to face an Agent): What's he doing?
Morpheus: He's beginning to believe.
Today's Wall St. Journal reports, JPMorgan will accept Gold as a type of collateral:
Gold hasn't reinvented itself as a currency yet. But it is getting closer.
J.P. Morgan Chase & Co. (NYSE: JPM - News) said it will allow clients...
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Trinity (seeing Neo turn to face an Agent): What's he doing?
Morpheus: He's beginning to believe.
Today's Wall St. Journal reports, JPMorgan will accept Gold as a type of collateral:
Gold hasn't reinvented itself as a currency yet. But it is getting closer.
J.P. Morgan Chase & Co. (NYSE: JPM - News) said it will allow clients...
Read More »
Place your bets...
The Three Best Investment Opportunities for the Next Decade
Submitted by Deepcaster on Thu,...
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I speculated last week that the Fed would insert words in the FOMC statement recognizing that commodities inflation is a problem. Silly me, I thought that, in doing so, they would lay the groundwork for winding down QE2. Instead, they stuck their heads up… uh… in the sand, pretending that this inflation doesn’t exist...
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fiat currencies of the developed nations are being devalued. So while 'cash' may seem safe, it may not be, depending on what happens
http://jessescrossroadscafe.blogspot.com/2011/01/gold-weekly-chart.html
Will those waiting for a chance to get back ...
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http://www.nytimes.c...nytimesbusiness
Quote"If exchange rates were allowed to move freely, Mr. Bernanke will argue, emerging markets would raise interest rates — and allow their currencies to appreciate — even as advanced economies like th...
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http://money.cnn.com/2010/11/09/news/international/china_trade_balance/
index.htm
Excerpt:
China's trade balance, which measures the difference between the nation's imports and exports, increased to a staggering $27.2 billion in October, a 61% increa...
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Over the weekend the G20 members met to discuss who will be the first to totally destroy their nations currency. When it appeared talks came to a halt about who sucked the most, Federal Reserve messenger boy, Timmy Geithner left Korea to begin preparat...
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Over the weekend the G20 members met to discuss who will be the first to totally destroy their nations currency. When it appeared talks came to a halt about who sucked the most, Federal Reserve messenger boy, Timmy Geithner left Korea to begin preparat...
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Bankster-Created Commodity Crisis Intensifies
The most recent (and most terrifying) example of bankster commodities-manipulation crimes against humanity is in the massively important global cooking oils market. Affluent Westerners may not fully appreciate the tremendous importance of this market (and global stockpiles of those oils); however it is arguably the most important niche in global food production.
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