Courtesy of Mish Here is an interesting chart by Peter Garnry, an Equity Strategist at Saxo Bank in Denmark. The race is on to see which central bank can load up its balance sheet with the most garbage the fastest. Reader Scott says … Lemme see here, the EFSF was, once upon a time, going to lever itself up by taking the first 20% of losses on PIIGS sovereign bonds. This would give it the R Read More...

Tim Iacono Here’s another gold chart that is sure to get under the skin of investment advisers who have refused to add a little of the yellow metal to their clients’ portfolios during its 11-year run that, based on the month of January, looks to be headed for number 12. From the World Gold Council’s latest commentary on gold as an investment comes the chart below showing that U.S. stocks w Read More...

The only ones who seem to be making and keeping their money in these markets are the day traders! So I called Markus Heitkoetter (the Day Trading guru) and asked him if he would mind doing a special workshop just for my followers ...HE AGREED! I asked him to cut the hype out, and really teach what he uses to consistently keep his account in the black while day-trading. Hold your workshop se Read More...

While not something he wants to see happen, Sprott Asset Management’s John Embry says, he can’t see the global financial situation improving, which has bulilsh implications for gold. Author: Geoff Candy Posted:  Wednesday , 25 Jan 2012 GRONINGEN - The 12th year of gold’s bull cycle could well be the best to date for the yellow metal, if Sprott Asset Management’s John Embry is  correct. Read More...

Just over one year ago, on Dec 1, 2010, John Thomas decided to prove he could turn average Joe investors into world-class traders. As a result, traders trading alongside John in his coaching program and trading service,Macro Millionaire, are sitting on a 40.18% gain vs. the S&P 500’s 0% in 2011. It’s no wonder, either. Over the years, even Wall Street Titans like Paul Tudor Jones Read More...

Posted by Steven Vincent Trading a true currency collapse is a rare opportunity.  Most market participants are familiar with the story of George Soros and his ride to prominence on the back of the collapse of the British Pound.  Is it possible that a similar opportunity may present itself soon in the form of a collapse of the Euro?  The analysis contained within this report tends to indicate t Read More...

By Marin Katusa, Casey Research The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran’s oil exports, which are meant to isolate Iran and depress the value of its currency to such a point that the country crumbles. But that line doesn’t make sense, and the Read More...

Tim Iacono I’m not around at the moment to comment on the results of today’s FOMC (Federal Open Market Committee) meeting that concluded a few minutes ago, likely to have resulted in some sort of announcement about the central bank’s communication policy and an enhanced economic/policy forecast, but, when I’m able to catch up on this and Fed Chief Ben Bernanke’s press conference, I’ll Read More...

Jordan Roy-Byrne, CMT It has been a tough last year for precious metals investors but not so much for common stocks. Sure, the Euro crisis benefited Gold initially but as the panic has abated, stocks are rallying back to their highs while Gold has sold off and the gold stocks are trying to hold their lows. What is going on? Are we in the twilight zone?Bull and bear markets are long lasting, provi Read More...

by Karl Denninger In development of something brought forward on the forum and in my (and others) comments on my previous article… There is a unique opportunity facing both RIMM and Google. RIMM has QNX.  Many are unaware of what QNX actually is.  But those of us who have used it, and worked with it in the embedded space, are very aware of it.  It is a hard real-time, small, compact and Read More...

Tim Iacono After reading through some of the recently released transcripts from the 2006 Federal Reserve policy meetings, it occurred to me for about the thousandth time that economists are particularly ill-suited to oversee an economy where the financial system is, from time to time, run by psychopaths each trying to one-up the other. During normal times, economists’ models of how the world wor Read More...

By Andrey Dashkov, Casey Research In last week’s Metals, Mining, and Money from Casey Research, Jeff Clark estimated that given the magnitude of the correction that started last September, it may take until May 2012 for gold to reach a new high. Let’s take a look at how long it may take for silver to rebound. It’s a commonly known fact that silver is more volatile than gold. Alre Read More...

by Tyler Durden As Obama takes the stage for tomorrow’s State of the Union address, in which, among other things, he probably will not announce that the US debt limit is effectively $16.4 trillion, or 107% of GDP and rising, he faces a very unhappy audience: one which according to Gallup has seen its dissatisfaction with economic and political issues hit record levels. Among the Gallup ob Read More...

 Tyler Durden Submitted by Thomas Gresham of Gresham’s Law, After almost a century of the centrally planned dollar we’re delighted to present a timeline of the most amusingly disturbing speeches delivered by the Federal Reserve & Co. Read More...

Courtesy of StockTiger Sales of existing homes rose to a seasonally adjusted rate of 4.42 million during the final month of the year, marking a 5 percent increase over the downwardly revised 4.39 million homes sold in November and a 4 percent increase over the 4.25 million homes sold in October. The number of homes sold in December 2011 also marked a 3.6 percent increase over the 4.45 million home Read More...