Outlook on Gold (Super Bowl Version)

Posted on February 7, 2011 at 9:49 am
While Ben Bernanke says we are not seeing any inflation, I think most of us know that is a load of BS as other countries like Egypt see food prices surging. Over the past couple years everyone has been talking about how inflation will soon start and that has been one of the main driving forces for higher precious metals prices. As we all know the market...
Filed in: Gold

Time for Caution on Commodities

Posted on February 5, 2011 at 8:36 pm
Jordan Roy-Byrne, CMT Commodities are a very volatile asset class and unlike stocks, high prices will reduce demand while low prices will reduce production and supply. While buying breakouts and momentum in stocks often works well with the right risk controls, buying weakness rather than strength is more advisable in Commodities. FREE Weekly...
Filed in: Market News

The Great Global Debt Prison

Posted on February 5, 2011 at 6:35 pm
Submitted by Giordano Bruno of Neithercorp Press H/T Zero Hedge The Great Global Debt Prison By Giordano Bruno Neithercorp Press – 2/4/2011 Tense and terrible times inevitably summon an odd coupling of two very different and difficult human conditions; honesty, and brutality. Certain painful truths are revealed, and often, a palpable fury erupts....
Filed in: Market News
Zero Hedge has previously demonstrated the improbable, for lack of a better word, upward bias in revising initial jobless claims applications. Today, we look at an even greater statistical problem at the BLS: that of Non-Farm Payrolls. Courtesy of today’s full year revision announced by the BLS, and a granular sort by John Poehling, we have discovered...
Filed in: Market News

Go Global, Before It’s Too Late

Posted on February 4, 2011 at 4:11 pm
By David Galland, Managing Director, Casey Research It has been years since I last watched The Matrix, a lapse I corrected last night. As the movie makers intended, the film serves as stark metaphor of the world as we know it. Or, more appropriately, as we think we know it. If asked, the average citizen of these United States would describe their life...
Filed in: Market News

How to Buy a Vacation Home

Posted on February 4, 2011 at 4:02 pm
By Jeff Clark, BIG GOLD For most people, there are some surefire luxuries that signify wealth, a few pearls of conspicuous consumption that say you’ve made it. For me, it’s always been a second home. My grandparents owned a vacation home in Arizona and then Florida when I was a kid, and it was an annual highlight to travel there...
Filed in: Market News
Greetings Trader, We have had great interest in Trading the Line, a FREE 14-page eBook by our friends at Elliott Wave International (EWI). Due to its popularity, EWI has agreed to extend the time you can get this FREE eBook until February 14. Trading the Line – 5 Ways You Can Use Trendlines to Improve Your Trading Decisions will show you the many...
Filed in: Market News

Santelli Rips CNBC Panelists for Spinning Jobs Report

Posted on February 4, 2011 at 12:34 pm
The big corporations are making billions by moving their operations overseas but the small businesses and businessmen are declining. Nations like China are intentionally not allowing their currencies to float to hurt us. THIS HAS TO STOP.
Filed in: Market News
by Tyler Durden Jim Rogers, in his latest interview, cuts right to the chase: “I don’t own many equities, because I don’t know what is going to happen in the world economy. I expect more currency turmoil, more social unrest, more governments collapsing. So I am investing in currencies and commodities rather than stocks.” ...
Filed in: Market News

Nonfarm Payrolls: +36K, Jobless Rate: 9.0%

Posted on February 4, 2011 at 10:13 am
Tim Iacono The Labor Department reported nonfarm payrolls rose by just 36,000 in January while the unemployment rate fell from 9.4 percent to 9.0 percent, the lowest level since April of 2009. Though hiring in the manufacturing sector was quite strong, the nonfarm payrolls gain was disappointing, well below the consensus estimate of 140,000. The drop...
Filed in: Market News

Trade Ideas

Posted on February 3, 2011 at 12:25 pm
TraderMarket24/7 Here are a few good trade ideas from our friends over at Trader Market 24/7. They continually come up with great setups. The “Golden Trading Vehicle” that has nearly 100% accuracy CLICK HERE
Filed in: Market News

Gold Break Out In Progress

Posted on February 3, 2011 at 12:18 pm
by Tyler Durden Perhaps those 2 days of December 1,800 gold call purchases we discussed yesterday indicated someone (not Doug Kass mind you), knew something…Gold has just surged by $20 in minutes. Unless Blythe can find a way to contain this, this could get very ugly, very fast. FREE Weekly Gold Updates HERE 6 months of detailed trading guidance,...
Filed in: Gold

ENERGY? NO THANKS

Posted on February 3, 2011 at 12:00 pm
Gold Scents Seems like everyone has now jumped back on the energy band wagon.To be precise energy, solar’s, uranium and rare earths. I hear it constantly in the media. However if something has gone up long enough and far enough to garner the attention of the media it’s usually closer to a top than a bottom. For instance, the oil service...
Filed in: Market News

American Fiscal And Monetary Policy

Posted on February 3, 2011 at 11:52 am
by Karl Denninger You first saw this video in November 2010.  The events worldwide, especially in Egypt, call for an update with the new price change numbers, which are even more horrific than before, along with the continuing consequences.
Filed in: Market News
Courtesy of Robert Reich Put your ear to the ground and you can almost hear the bulls stampeding. The Dow closed above 12,000 Tuesday for the first time since June 2008. The Dow is up 4 percent this year after increasing 11 percent in 2010. The Standard & Poor 500 is also up 4 percent this year, and the Nasdaq index, up 3.7 percent. “The U.S....
Filed in: Market News