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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Posts Tagged ‘ Mainstream ’
The Myth of U.S. Consumer De-Leveraging
The supposed “de-leveraging” which the mainstream media boasted of was nothing but propaganda mythology. However, the new consumer debt which Americans have piled on since the beginning of 2010 is very, very real. And all the resulting U.S. auto-loan defaults, credit-card defaults, student-loan defaults, personal bankruptcies, and foreclosures in the months ahead will be...
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Best Laid Plans – Professional Edition Fed Report
The TBAC estimate of borrowing for this week missed by $33 billion, a sign that once again, the experts have no clue how badly things are spiraling out of control. For the week, the Treasury dumped $51 billion in new supply on the market, $28 billion of which settled today. As a result, the...
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Obie Drinks the Kool Aid, What Would Shakespeare Say?
I like Obie, but he has drunk the Kool Aid. We are doomed. He’s listening to the advice of those very same world renowned egonomists who never saw the current mess coming. How could those who never saw it coming in the first place, and didn’t recognize it after it had already begun have...
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