Courtesy of Joe Weisenthal of The Business Insider Image: Eric Wilkinson There was a lot of confusion this morning about what kind of impact the bankruptcy of futures dealer MF Global would have on trading operations. One place the impact was felt big: The floor of the Chicago Mercantile Exchange. We caught up by phone with Eric “The Wolfman”...

Jordan Roy-Byrne, CMT Jordan@TheDailygold.com Last week we discussed the concept of relative strength. Again, relative strength is the measuring of one market against another. There are perhaps 1000 mining companies and maybe 5% of them are worthy of your research and investment. Fundamental analysis should lead you to the best companies while technical...

Courtesy of Bruce Krasting Possibly the most significant consequence of the EU bailouts last week will be that the “solutions” to the problems in Europe will result in a global credit crunch. To me this outcome is a foregone conclusion. It’s already happening. The agreements give the EU banks till June 2012 to recapitalize. There are only two...

by Tyler Durden 10Y US Treasuries have now successfully eradicated all the post-summit losses and are well on their way to last week’s low yields as the reality (that we unendingly slammed into people’s heads) appears to be hitting managers minds. 2s10s30s has also retraced the entire post-summit shift and the EUR is also getting very close...

by Karl Denninger If you remember I wrote an article called Sprinting To Bankruptcy a bit ago on Sprint needing to take bold and immediate steps in order to “break the glass” in the cellular telephone space. This was the second article making such a recommendation, with the first earlier this year. Unfortunately it appears that Sprint’s...

by Tyler Durden From Goldman Sachs This past week’s EU Summit boosted risk sentiment materially, even if it failed to resolve in a definitive way some of the underlying problems facing the Euro zone. This was borne out in the price action this past week, where spreads on Italian and Spanish government bonds over Bunds narrowed around 20bp and...

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Writing about financial markets is probably the most challenging endeavor I have ever immersed myself into. I am a trader first and a writer second, but I have really come to enjoy scribing missives about financial markets because it really forces me to concentrate on my analysis. Writing for the general public has really enhanced my perception of the...

How the Federal Reserve Has Encouraged the Growth of Credit Congress authorized the Fed not only to create money for the government but also to “smooth out” the economy by manipulating credit (which also happens to be a re-election tool for incumbents). Politics being what they are, this manipulation has been almost exclusively in the direction...

I am not one to discuss fundamentals or macro views, but this situation in Europe is beginning to morph into a media frenzy. Price action in the marketplace is changing rapidly in short periods of time based on the latest press releases coming from the Eurozone summit. I cannot help but comment on the seemingly arbitrary actions coming from this high...

By Bud Conrad, Casey Research Foreign central banks buy US Treasury and Agency debt through accounts at the Federal Reserve, where it is held in custody. Without these central banks buying our debt, the US federal government would have to find a new source of funds or the result could be higher interest rates. Looking at the data on a monthly basis...

In this excerpt from the Casey Summit When Money Dies, seasoned resource investor/broker Rick Rule discusses risk management and explains why the greatest risk you face as an investor is located to the left of your right ear and to the right of your left ear. Listen to Rick’s complete summit speech – plus those of nearly 30 other renowned...

Xcerpt from Stock World Weekly: Fear and Loathing in the Eurozone, week ahead section. (Click here for more Stock World Weekly) Late Thursday afternoon, Jon Hilsenrath of the Wall Street Journal, a well-known sounding board for Bernanke when he wants to give signals to the markets, reported “Federal Reserve officials are starting to build a case...

by Tyler Durden Earlier today we presented Bloomberg’s Chart of the Day which represented the GDP and Debt per capita on a historical and projected basis, and we hysterically, and tongue-in-cheekly, dubbed it “the scariest chart ever” because it confirmed that at some point, very soon, US Debt will surpass GDP and never look back....