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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It seems that my Thursday edition of Wall Street Insights & Indictments was warmly received by the bullish crowd, many of whom reached out to me to thank me for my optimism. I’m sorry to burst your bubbles, but I am not a raging bull (but thank you for asking). In fact, I’m still bearish. There’s a...
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It's been a rough few weeks for the Eurozone.
Portugal is still in trouble, Spain will be back on the coals after its elections, and if I were a bond trader, I would be shorting Belgium, which has serious defic...
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Tracking foreign central bank (FCB) holdings of US Treasury and Agency (Fannie, Freddie, and minor government agencies) paper has been one of the most important lines of inquiry in my analysis of market liquidity for the past 9 years. This information is available virtually in real time each week in the Fed’s weekly H41...
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Sometime over the next week or so, you may remember this article and decide that I'm crazy (assuming you haven't already). The market's job over the near future is to convince you that the rally will go on forever, so you may start to t...
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Purchase mortgage applications rose 6.4% last week according to the Mortgage Bankers Association and major media outlets. As always, the media report only the seasonally adjusted data fed to them by the MBAA. Rarely should a week to week change have any seasonal effects, although last week would be an exception because the week...
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Two weeks ago I began to report to subscribers of the Wall Street Examiner Professional Edition Fed Report that foreign central banks (FCBs) had begun to engage in unprecedented levels of disgorgement of their massive holdings of US Treasury and Agency paper. Prior to this year, the FCBs had typically absorbed the equivalent of...
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Is the Dexia mess the start of a new financial crisis?
Posted by Michael Schuman Tuesday, October 4, 2011 at 9:20 am
In the clearest indication yet that Europe's sovereign debt crisis is morphing into a wider, financial sector crisis, a big European ...
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Quicky from FTAlaphavile -
1. - Ando | September 23 3:39pm it's still a long grinding stagnation story against a backdrop of global deflation, this is just one of the dramatic interludes
2. -
SilverFox | September 23 3:41pm | @ando mayb...
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The European bank panic, not the Fed’s action, is sending a tidal wave of cash into the Treasury market, causing yields to crash. That sends a false signal which motivates (or forces) investors to sell equities and causes them to infer from the FOMC statement that the Fed expects severe economic weakness. The Fed...
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..Apocalypse Now? Markets Tumble as Europe Approaches “Tipping Point”
..By Aaron Task
Global stocks and commodities tumbled Thursday amid a string of disappointing conomic reports and fears of meltdown in Europe's banking system.
"The rapidly bu...
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SAN LUIS OBISPO, Calif. (MarketWatch) — Warning: 91% of America’s financial planners are pushing clients into riskier investments, according to a new Financial Planning Association study on “Alternative Investments.” Get it? In today’s hig...
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Reuters Cooling facility stops at Fukushima No. 5 nuclear reactor http://t.co/gTLXyKO
W7VOA TEPCO reports trouble with Reactor 5 cooling system at #Fukushima-1. Utility says hopes to fix it within hours, no meltdown threat.
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WASHINGTON – A growing number of Americans can't afford a home or don't want to own one, a trend that's spawning a generation of renters and a rise in apartment construction.
Many of the new renters are former owners who...
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Last week in the NY Times he stated that we are suffering from the obliteration of the factual based that allows a capitalist system to function. Whether it is inflation numbers or employment stats, it is all bogus. I just happened to notice GM pricing...
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Here's the letter from one of Mauldin's readers. Click on the link for Mauldin's response...
".... I would like to get something off my chest. I would like to know why you seem to side with those analysts who keep telling us that the only way we ...
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SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2.
Revolutions build over long periods — to...
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The US stock market shook on Monday, but there was no meltdown. That does not mean that the danger has passed. 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...
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Japan’s worst nuclear accident in at least 33 years has compelled China and India to review plans for atomic energy that were set to provide a boon for suppliers including Areva SA (CEI) and General Electric Co. (GE)
The potential meltdown at a nu...
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ET The market bounced where it had to in order to prevent a meltdown on Friday. Key support lines bent but didn’t break. Tweet
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The Fed’s money pump was shut off for the holiday Monday. The index futures which were trading outside of regular NY trading hours had a bit of a meltdown. You don’t think the two things are connected, do you? No POMO, no momo? Tweet
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As if we needed more evidence that the corporations control government. Check out this piece from the Washington Post. Can you say 'Bribery?'....
Numerous times this year, members of Congress have held fundraisers and collected big checks while the...
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Just when folks were getting used to having their garbage picked up.....
More than 100 American cities could go bust next year as the debt crisis that has taken down banks and countries threatens next to spark a municipal meltdown, a leading analyst...
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AN LUIS OBISPO, Calif. (MarketWatch) — Why did Obama cave? Is he a hostage?
New York Times columnist Frank Rich branded himself a new kind of wikileaker in his...
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The QE2 “bag of tricks” has done its dirty work as attested by Dean Foods’ stranguflation report yesterday. Company indicated demand for milk was rather poor, input goods had gone through the roof, and they would respond with “cost cuts”, a Ministry of Truth euphemism for “lay people off”. If there is one thing to focus on throughout this...
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There's a lot of hate out there. And it appears to be getting even worse.
Check out this interesting piece by Paul Farrell. Here's an excerpt, followed by the link...
Hatred is killing your profits; new meltdown ahead
Commentary: Washington and Wa...
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Awesome interview just now on PBS
Transcript available, later Friday 25th. Former SEC chief accountant Lynn Turner talked straight, and it's really hard to duck the implications. Guy says 1000 prosecutions after S&L crisis, vs. just 39 after the 2008 meltdown. Says prosecutors, at...
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