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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Two stories in the past 24 hours on this, one from Aljazeera and the other AE-P. The idea is that the Fed buys European govt bonds to hold down yields. The Aljazeera story (an opinion piece from a Washington think tank) gives more background detail, co...
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Global Economic Intersection Article of the Week
In this article, I will present a loop theory to further support my writings on politics. The loop theory is to simply and clearly define the relationship between capit...
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There's already been a bevy of analysts coming out with their forecasts on what the S&P downgrade means for the economy, what it will do to interest rates, other financial institutions, junk borrowers, and other entities somehow connected to the US ...
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I'm expecting July's nonfarm payroll at 40,000 to 45,000. This number would spell disaster! DOW 11,400 for sure!
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"Frankly the Republicans would be crazy unless they get 100 percent of the deal that they want right now to make any deal,” Trump said on "Fox and Friends" Monday. "If this happens, for instance if this stuff is going on prior to an election, he c...
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Sell Mortimer,Sell!
LOOK AT THAT CLOSING VOLUME SPIKE!
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Avoiding disasters hasn’t worked. At least, not avoiding debt disasters. No matter what tricks the authorities do – monetary, fiscal, or unconventional – the debt is still there. And since all those tricks cost money…it gets bigger and bigge...
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The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe’s single currency is coming apart at the seams. How did it all go so wron...
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The market saved itself from disaster by rallying on Friday. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here to...
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I am not familiar enough with nuclear reactors to comment. However, I am familiar enough with the oil and gas business to comment on the reporting regarding last summer's oil spill.
Recall, the estimates of oil being released from the well at as high...
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China Tightens FurtherFNArena News - March 22 2011
- Beijing increases its reserve ratio for the ninth time in 12 months
- Another rate hike already priced in
- Economists at odds over the ongoing pace of tightening measures
By Greg Peel
Last F...
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http://www.telegraph.co.uk/news/picturegalleries/worldnews/8385237/Japan-
disaster-30-powerful-images-of-the-earthquake-and-tsunami.html?image=1
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This week we finally got to see what happens in the market when the Fed stops propping in the midst of a year long liquidity collapse, which had been papered over by the Fed’s cash infusions. We can only wonder what the Fed’s next step will be, which is, I am sure, what the...
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The Treasury market got the boost expected from the bill paydowns this week. The $24 billion net paydown figure included $17 billion in CMB expirations on Monday. That cash flowed into investors pockets and had nowhere to go. So they bid up everything. By Thursday, the effect of that had worn off in the...
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Lee Adler reports tax receipts through April 16th and it paints a not at all surprising picture of whatever the US economy is today.
Federal tax receipts through April 16 showed a year to year gain of 8.3% versus the same period in April 2009, which was a very easy comparison, with collections at disaster levels. Withholding...
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The Wall Street media was in a frenzy over the “better than expected” news on retailing from the Commerce Department on Friday. It’s all a matter of perspective. Yes, the data was up strongly month to month, and yes, it was higher than last November when the economy seized up following the stock market...
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We now have an inkling of how the Treasury will handle the paydown of $185 billion in Treasury CMBs. It will turn what would have been a horrendously bearish period into something less so, but the respite will be temporary. At the very least, it should give the smart money the opportunity to tiptoe...
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If new Treasury supply of $48 billion was a problem last week, what will $124 billion do this week? We haven’t seen numbers this high since the period between mid September and mid October last year, and we know the disaster that caused. Click here to download complete report in pdf format (Professional Edition...
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One of the primary questions of the day is to what extent and how rapidly is the average consumer is using his massive commodity rebate towards rebuilding his balance sheet. This has a number of significant ramifications, including Joe Sixpacks future ability to service and payoff debt that is currently selling in the market...
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SPX Update and More: Market Playing Its Cards Close to the Vest
I believe it was Yogi Berra who said, "It's tough to make predictions, especially about the future." The market has now reached a point where it clearly does not want to telegraph its next move. There are times, when the larger trend is clearl...
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