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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Yesterday, First Solar (FSLR) announced that it had sold its interests in a big solar project called Topaz. The buyer was MidAmerican Energy Holdings, a subsidiary of Berkshire Hathaway. So Warren B. is behind the transaction. I think he got another ...
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The Fed can only choose the least-worst option now: either destroy the real economy by sinking the dollar below support and unleashing the Inflation Monster, or abandon the "risk trade" stock market rally.
The Fed's game plan--sink the U.S. doll...
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a real stoolie, worth readin
What Matters More: Debt-to-GDP, Or Supply?
There may be a flaw in the thinking our economists, financial leaders, the MSM and (even) the bloggers. Everyone is looking at the debt issue based on some ratio of total debt to GDP or debt service to GDP. This is the...
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The Case Shiller Index of US housing prices for November has essentially turned flat over the past two readings. As usual, it is understating the real weakness in the market. Meanwhile the Fed announced that it will tinker with how it sets interest rates. Recent history has shown, the more the Fed tinkers, the...
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Sprott Securities has a piece out questioning how the US Treasury is funding its monster debt offerings. They question one category called “other investors”, which is clearly another vague and pointless disclosure now all too typical. Personally I think the Fed has orchestrated some purchases of toxic MBS and agencies in exchange for a...
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