The Price of Gold

Posted on September 21, 2010 at 1:15 pm
Today we are going to be looking at gold and analyze the recent run-up that has created a great deal of excitement and fear for many investors and traders. We’re also going to be looking at some upside measurements that we have for this market. Conversely, we are also looking at an area that should provide support should the gold market pull back...
Filed in: Gold

A Home Buyer/Seller Standoff this Fall

Posted on September 21, 2010 at 1:07 pm
Tim Iacono From Campbell/Inside Mortgage Finance via this report at Housing Wire comes word that there will likely be a multi-month standoff between home sellers wanting pre-tax credit prices and home buyers offering post-tax credit prices this fall. “We’re in transition,” said Thomas Popik, research director for Campbell Surveys. “Individual...
Filed in: Market News

DIVERSIFICATION DOESN’T WORK ANYMORE

Posted on September 20, 2010 at 5:08 pm
Find out how Wall Street has sold the myth of safety in diversification for years to unsuspecting investors everywhere. Now you can learn from this timely 10 page report that exposes the myth of diversification and how it can cripple your financial future if you do it the Wall Street way. This Is Not About Derivatives Before I go any further, we are...
Filed in: Market News

SP500 Fakeout & Market Trend

Posted on September 20, 2010 at 8:15 am
I think it’s safe to say that everyone knows the markets are manipulated… but during options expiry week we tend to see prices move beyond key resistance and support levels during times of light volume which triggers/shakes traders out of their positions. Trading during low volume sessions Pre/Post holidays for swing traders or between 11:30am –...
Filed in: Market News

By The Numbers

Posted on September 19, 2010 at 7:20 pm
The core consumer price index was flat last month. The core CPI, which excludes food and energy prices, rose 0.1 percent in July. This report should keep the Federal Reserve’s bias toward further monetary easing in place. The overall CPI rose 0.3 percent including higher food and energy costs. The University of Michigan Sentiment Index declined...
Filed in: Market News

The Long Road to Recovery

Posted on September 17, 2010 at 6:04 pm
By David Galland, Managing Editor, The Casey Report Last week the government released the latest unemployment data. Bloomberg, always ready to roll up the sleeves to help its friends in government (get reelected), was running a headline that “Companies in U.S. Added 67,000 Jobs in August.” While I haven’t had time to go through the minutiae...
Filed in: Market News

The Gold, Silver, Oil & SP500 Trading Charts

Posted on September 17, 2010 at 8:13 am
We are at the tail of another light volume choppy options expiry week and a big move is brewing… So I thought I would do a mid-week update on what I think is about to unfold in the coming days. First off I will touch on gold. Everyone is in love with this shiny metal. But as I mentioned last week I think we are nearing a sharp correction. Previously...
Filed in: Market News

GM finally admits it has NOT repaid US Government loan

Posted on September 16, 2010 at 3:34 pm
It seems new GM CEO Daniel Akerson has decided to be more forthright and honest with the American people than his predecessor Ed Whitacre. Today Akerson told reporters it will take a couple of years for taxpayers to get back the billions they spent bailing out GM. He also told reporters that the government won’t be repaid with the company’s...
Filed in: Market News

3 Reasons Now is Not the Time to Speculate in Stocks

Posted on September 16, 2010 at 12:18 pm
Should You Speculate in Stocks? Perhaps the number one precaution to take at the start of a deflationary crash is to make sure that your investment capital is not invested “long” in stocks, stock mutual funds, stock index futures, stock options or any other equity-based investment or speculation. That...
Filed in: Market News

“Tonnes in the Trust” Up at SLV, Down at GLD

Posted on September 16, 2010 at 12:14 pm
Tim Iacono The inventory at the popular iShares Silver Trust ETF (NYSE:SLV) has been rising sharply in recent days, commensurate with the surge in the price of the metal, and the “tonnes in the trust” is now within shouting distance of the all-time high of just over 9,500 tonnes seen back in late-2009 after an addition of some 37 tonnes yesterday. In...
Filed in: Market News

Throw the Bums Out Thursday

Posted on September 16, 2010 at 11:47 am
Courtesy of Phil Davis at Phil’s Stock World There’s only one thing voters hate worse than Democrats: That is, of course, Republicans.  The latest NY Times/CBS News pollfound that, while while voters rate the performance of Democrats negatively, they view Republicans as even worse with 63 percent disapproving of Democrats and 73 percent...
Filed in: Market News
Courtesy of Mish Inquiring minds are investigating the Advance Monthly Retail Sales Report for August 2010, noting the discrepancy between what is reported and reality. The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for August, adjusted for seasonal variation and holiday and trading-day differences,...
Filed in: Market News

The Smoking Ruin Solution

Posted on September 15, 2010 at 12:29 pm
By David Galland, Managing Director, Casey Research Just last week, it was reported that the turnout for the Democratic primary was the lowest in 80 years. While the Republicans are clearly energized by their concerns about the direction the Democrats are taking the country in, the Democrats themselves seem to have decided to forgo the voting process,...
Filed in: Gold

Where Are The Jobs?

Posted on September 14, 2010 at 9:11 pm
Courtesy of Michael Snyder at Economic Collapse Most Americans don’t really care about the economic minutiae that many of us who study the U.S. economy love to pour over.  When it comes to the economy, the typical American citizen just wants to be able to get a good job, make a decent living and put bread on the table for the family.  For generations,...
Filed in: Market News

Gold Confiscation: Straws in the Wind

Posted on September 14, 2010 at 8:36 pm
by David Galland, Managing Director, Casey Research In the emails that our readers at Casey Research send our way, questions and concerns about the possibility of gold confiscation rank high. My somewhat standard response is that, yes, it’s possible, but that we should see straws in the wind well before it happened… allowing us to take measures...
Filed in: Gold