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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. &nbs...
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Jan 9 (Reuters) - The Federal Reserve has launched a potentially controversial push to revive the battered U.S. housing market, calling on other government officials to act after largely exhausting its own tools to support the fragile economic recovery...
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It’s been about a week since the Federal Reserve announced its new policy of providing information to the public regarding the direction of US interest rates. The new policy is not, generally, a surprise. The Wall Street Journal’s Jon Hilsenrath to...
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Don't believe the propaganda -- whenever the Fed offers "more transparency", they are only looking to twist the knife in Main Street's back further. Their latest announcement about publishing "interest rate projections" is no different...
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Fed to map out each member’s rate forecast
Central bank set to change “mid-2013” guidepost on keeping rates low
By Greg Robb, MarketWatch
WASHINGTON (MarketWatch) — The Federal Reserve has decided to shift its communication strategy to show t...
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The “smart money” has been buying up farmland hand over fist for the past few years and you can see how they helped drive up land prices in the U.S. heartland. Some think this is the place to be if the shit really hits the fan. Not gold,...
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The Federal Open Market Committee (FOMC) is scheduled to issue a statement at 2:15 pm. today (Tuesday), but don't expect anything other than more empty rhetoric.
Indeed, with few options remaining, the Fed is expected to produce little more than a statement designed to reassure the markets following today's...
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With only the weak-willed Angela Merkel playing the role of “Frodo” against the “Dark Lords” of Wall Street, the situation could hardly be more dire – or hopeless.
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“If society consumed no energy, civilization would be worthless. It is only by consuming energy that civilization is able to maintain the activities that give it economic value. This means that if we ever start to run out of energy, then the value...
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Friday Night Irony: According To The Fed, Just Over One More Year Of ZIRP Will Lead To 38.36% Annual Inflation
. . . in an extremely ironic twist, it is none other than the San Francisco Fed, which operates the "Be Fed chairman for a day" simulatio...
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In both Europe and America the financial sector has been on the edge of disaster for the last three years. Each time a crisis flares up, the fixers rush in with a remedy. Bailouts, TARPs, TALFs, ZIRPs, QEI, QEII and now the ‘twist’.
In its lat...
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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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Rob Arnott says we're in the worst depression since the Great Depression and the Fed may be making things worse. Arnott, who oversees $80 billion at Research Affiliates, tells King World News:
When real interest rates are 2%-4% and inflation rates ...
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The ECB has indicated that it's really ready to think about doing something as early as next month!
They might lower interest rates or do some debt thingy!
"The European Central Bank may act to address risks to growth as soon as next month should con...
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Sunday, September 18, 2011
Bank Deposits increase Sharply
by CalculatedRisk on 9/18/2011 09:19:00 AM
From Scott Reckard at the LA Times: Bank deposits soar despite rock-bottom interest rates
Americans are pumping money into bank accounts at a blist...
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Flightless birds were not well evolutionarily adapted to kicking the can, whereas can kicking is exactly what eurocrats aspire to.......although these 17 oddly cobbled together countries definitely do have their share of problems to deal with.....not t...
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Well, for me it's a continuation of the insane interest rate chart trend, shown below.
Really, if someone would have told me that in 2011 the U.S. will have racked up $15 trillion in sovereign debt (plus another hundred trillion in "off the books" obl...
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I have seen a lot of scroom videos in my days as a perma-gloomer.
However, the link below is to one of the most-professionally-produced doom-mongering shows I have ever watched:
http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CACB-1
Having ...
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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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Well, it's deja vu all over again.
For anyone who followed the market crashes of 2000-2002 and 2007-2009--especially the crash of 2007-2009--the 512-point drop in the Dow feels awfully familiar.
And as those market crashes reminded us, the downdr...
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Imagine losing 14% of your wealth overnight - doing absolutely nothing at all.
You didn't invest in the wrong stock. Buy the wrong piece of real estate. Or gamble on the wrong outcome.
You just went to sleep...
And now your $300,000 bank account is worth...
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With markets tanking, and the economy weakening, buzz about the Fed doing QE3 has really heated up.
The FOMC meets next week, and the Jackson Hole conference (where QE2 was announce) happens soon thereafter.
But arguably, the next round of general ...
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Veteran Sen. John McCain has had enough with "tea-party" aligned lawmakers who have vowed not to vote to raise the debt ceiling before passage of a constitutional balanced budget amendment.
The Arizona Republican, the GOP's 2008 presidential nomin...
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Business News link
Excerpts:
Professor McKibbin told the Melbourne Institute conference dozens of European countries now had gross government debts on track to exceed 60 per cent of GDP. ''Japan is forecast to be 200 per cent of GDP, the US is foreca...
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SPX and VIX Updates: Bears Running Out of Real Estate
Yesterday, the Fed announced that it will continue to keep interest rates low "until late 2014 or until we all get fired, whichever comes first." The market immediately rallied, as hopeful investors cheered the news that the Fed&nb...
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