Justice Litle, Editorial Director, Taipan Publishing Group As an asset class, gold stirs the passions. Some folks love it, and others despise it. Be wary of those who will never own gold. As I write this note to you on Friday, fingers flying over keys like the flickering quotes on my screens, Pink Floyd’s “Learning to Fly” is playing...

The Market Ticker One word response to Krugman today: Ridiculous. At the moment, as you may have noticed, the U.S. government is running a large budget deficit. Much of this deficit, however, is the result of the ongoing economic crisis, which has depressed revenues and required extraordinary expenditures to rescue the financial system. A crisis...

Tim Iacono There’s lots of gold news out this morning, what with stories about the Saudis having quietly added 180 tonnes to their reserves and all manner of converts to the thinking that the metal is acting like a global currency again, by far the best global currency in a sea of bad ones given what governments have been doing with their paper...

By MICHAEL SCHUMAN, the Curious Capitalist, courtesy of TIME After months of debate, denial and conflict, China finally announced a new policy on its controversial currency, the yuan (also known as the renminbi, or RMB). For the past two years, the yuan has (unofficially) been pegged to the U.S. dollar, sparking criticism from politicians in...

Over the years we have seen the stock market make some pretty exciting moves for share holders. This year alone there have been some interesting events unfold causing wild market swings which most of us did not think could happen. Things like countries going bankrupt and the May flash crash. Also the BP Oil well leak which looks as though its about...

Gold Scents We continue to hear pundits describe gold as a bubble. Certainly it will turn into a bubble before this is all over but we are hardly in the bubble stage yet. In order for a bubble to form you need the public to come into an asset class. The public is pretty dim and it can take 15-20 years before they “catch on”. It took...

Courtesy of Bondsquawk Regarding today’s negative growth rate index “Let’s not sugarcoat it, it’s a sharp drop,” says ECRI managing director, Lakshman Achuthan. (Source: Tech Ticker)

by Karl Denninger Did someone smack her over the head or something? For many decades U.S. government policies have promoted housing in general and homeownership in particular. These policies have been very successful in raising the quality of our housing stock while extending the benefits of homeownership to more than two-thirds of American households. They...

Skeptics are still worried the market has come too far, too fast. EWI’s Chief Market Analyst Steve Hochberg joins CNBC Squawk Box host Joe Kernen on April 15, 2010 to share his view. Get More Market Analysis in Steve Hochberg’s FREE 16-Page Report You’ve bared witness to the Great Asset Mania with signs such as unsustainable government...

By Jordan Roy-Byrne, CMT It is not exactly groundbreaking analysis to say that whats good for Gold is generally good for Silver. As observers of the precious metals know, Silver tends to lag Gold but eventually catch up quickly. In the long-term sense, Silver is still a year or two behind Gold as Gold has broken above all resistance levels. Technically...

Karl Denninger You have to chuckle at the so-called “commentators” and “reporters” and “idealogues.”  Listen to this: Here’s the transcript, if you care to read it…. Guess what: Senator Simpson is correct and Alex is, as usual, trying to spin this issue.  Here’s reality: Want to argue the...

In today’s video on gold, we share with you the 4 instruments that we are looking at and share with you our projections for the spot gold market. Click Chart to view the video

Courtesy of Mish Six hundred small banks still hold $130 billion in unpaid TARP payments with taxpayers on the hook. Records show Over 90 Banks Miss their May TARP Payment. Statistics, compiled by SNL Financial from U.S. Treasury data, showed 91 banks and thrifts skipped the May dividend payment under the Troubled Asset Relief Program, or TARP....

Courtesy of Joshua  Brown May CPI and Core CPI were out this morning.  As we all know, nothing is worth anything anymore.  Until further notice and some change in trend, the discussion simply cannot be about inflation. Sorry, Inflationistas.  Nothing to see here just yet.  Now if only the drop in cost of living expenditures could become...

Tim Iacono The Labor Department reported that consumer prices in the U.S. fell last month at their fastest pace since December of 2008, down 0.2 percent in May after a decline of 0.1 percent in April, driven lower by tumbling energy prices. On a year-over-year basis, the overall consumer price index is now up just 2.0 percent and looks ready...