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...
Read More »
http://www.zerohedge.com/news/dollar-libor-market-hints-credit-agricole-
was-bank-x
66x leverage?!
Excerpt:
And given Credit Agricole's 2nd worst position on Bloomberg's Tangible Common Equity Ratio screen (behind Landesbank Berlin no less), it is...
Read More »
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...
Read More »
One of the most important steps that we could take to bring prosperity back to America would be to nationalize the Federal Reserve. Doing so would allow the federal government to quit borrowing money, dramatically reduce taxes and eventually pay of...
Read More »
http://vimeo.com/29058918
Seems he agrees with HyperTiger sort of... but I am not sure if he is on top or not.
I don't agree with everything he says in this and it does seem to be a bit , well no very self serving. But I agree with more than I disag...
Read More »
Holiday retail sales - which account for almost 40% of retail revenue, worth $453 billion in sales last year - are in jeopardy.
Consumer spending continues to be restrained by an unemployment rate that has stayed above 9% for 26 of the past 28 months. Furthermore, rising food...
Read More »
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...
Read More »
A couple of weeks ago as the markets were tanking and everyone was running around like a chicken with its head cutoff; i was quietly watching the markets, currencies and commodities and trying to decipher what was happening and all the while i notic...
Read More »
If you haven't traded in the currency markets, you're missing out on the largest financial market in the world.
Average daily trading volume in the global foreign-exchange markets (forex or FX markets) was $3.98 trillion in 2010, according to the Swiss-based Bank for International Settlements, and estimates...
Read More »
Gold Soars. Stock Markets Tank. US Debt Downgraded. China Calls for End to Dollar Dominance. Riots in London.
Devotees of Rapture Theory are likely wondering why they got left behind during the Tribulation. More worldly, modern perso...
Read More »
They must be watching cspan. Yesterdays house session was a farce.
link
Read More »
Americans are suffering from a lack of adequate savings to fund a comfortable retirement. Our growing debt burdens virtually assure us that the lofty living standards of today will soon be nothing more than a long forgotten memory.
Those ideas are now becoming more promulgated.
But what...
Read More »
Exporters to the US Lost the War on Deflation By Howard Simons Jun 14, 2011
Now that “financial repression” is well on its way to becoming today’s phrase that pays, let’s see whether exporters to the US can be included on the list of those wh...
Read More »
The "Pesofication" of the U.S. Dollar
By Martin Hutchinson, Contributing Editor, Money Morning
...
Read More »
I've dubbed this the "pesofication" of the U.S. dollar.
But we're really talking here about the dollar's long-term demise.
The pesofication of the dollar represents the end of the greenback as a major world currency and figures to be one of the major long-term challenges that we U.S....
Read More »
This analyst thinks the dollar is crashing now right before our eyes and a currency crisis has begun.
"The biggest story in the market is the currency crash right now occuring in the US"
http://video.cnbc.com/gallery/?video=1906892049
Read More »
Months or years from now, when analysts are studying the death of the U.S. dollar, they'll look back and see that the greenback's demise began on a specific day - Wednesday, April 27, 2011.
As in ... tomorrow.
At 12:15 p.m. tomorrow, at the conclusion of a two-day Federal...
Read More »
Viper trying another "715 is THE TOP" call
Read More »
What's the obvious contrarian trade? Long the U.S. dollar.
I've been discussing the U.S. dollar since January (Could the U.S. Dollar Rise 50%? January 12, 2011), based on a simple trading observation: it's the most despised investment on the pla...
Read More »
Though many economic experts say the American job market is back on track, some states are more firmly on the right track while others have pretty much fallen off completely.
Because these day, even if you can find a job, making a living in your s...
Read More »
Whoa! This is getting interesting. Two major central banks are tightening – China and the ECB.
But nobody seems to care. These central banks are warning investors to sell their high-risk investments. Instead, gold hits new records! The dollar is ...
Read More »
As predicted, the feds’ easy money policies are turning into hard times for the middle and lower classes. Oil prices have gone up with the Fed’s balance sheet. For every dollar the Fed added, the price of oil ticked up too.
Now, the Fed has th...
Read More »
(and book promo)...
Link
Read More »
Link
The money line by Damon Vickers is, "Who's buying?"
Read More »
Interesting piece from Forbes.....
It is a long standing proposition of many, supported on both theoretical and historical grounds, that one of the surest roads to hyperinflation is one grounded in a government whose answer to every economic and so...
Read More »
Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.
US Dollar Update: Zero Hour Approaches; Bottom Appears Imminent
I think that short positions on the dollar right now are very high risk. Two weeks ago, the dollar gave some false signals, apparently indicating that it was nearing the end of its correction. At that time, it appea...
Read More »