The interim peaks in gold*have been*spaced 21 months apart over the past 6 years and have*seen gains*from 80.2% to 97.3%. As such, given the fact that the low of this last correction came in at $1,524 four months ago, we can expect gold to reach a new peak price of $2,750 to $3,000 in*17 months*time (i.e. June/July 2013). [Let me explain in more detail.] Words:*976 [Read more...]

Graduating from college can be an exciting and stressful time. Suddenly you need to find a job, replay loans and make solid financial decisions. Fortunately, you don’t need to be unprepared. Below are some budgeting basics to keep your spending under control, some suggestions on how to set financial goals and a list of the top 10 American cities for starting out. [Read more...]

Synopsis: Skeptics of 3D printing are shortchanging this technological revolution. A Rebuttal to an Additive-Manufacturing Skeptic By Chris Wood, Senior Analyst While surfing the Technology Review magazine website last week, I came across an article written by Christopher Mims titled Why 3-D Printing Will Go the Way of Virtual Reality. The gist of the article is that 3D printing is cool, but it's not the revolution in manufacturing that many (we included) have claimed it to be. [Ed. note: In case you missed it previously, our introductory article on 3D printing from several months ago titled A Manufacturing Revolution is a good overview of the technology.] [Read more...]

February 2, 2012 [LIST] [*]The Amazonian precedent: How Facebook’s lofty claptrap gives us Groundhog Day déjà vu [*]Groundhog Day weirdness: Bill Gross goes “Ron Paulish”... Rogue lawmakers in the Evergreen State... Eerie swarms of drones... and a busybody crackdown on a blogger [*]Odyssey Marine’s terrible, wonderful day: Court deals bitter blow to treasure hunters, even as a landmark agreement is signed and sealed [*]“The law against recessions” and other reader reflections [/LIST] “Facebook was not originally created to be a company,” declared founder Mark Zuckerberg yesterday in his firm’s IPO filing with the Securities and Exchange Commission. “It was built to accomplish a social mission — to make the world more open and connected... We don’t wake up in the morning with the primary goal of making money, but we understand that the best way to achieve our mission is to build a strong and valuable company.” [Read more...]

The Energy Report: With Brent Crude trading at about US$110 per barrel (bbl) and natural gas futures trading at 10-year lows, are you leaning more heavily toward oily names than you did in 2011? Luc Mageau: Absolutely. In fact, although gas prices have been reduced to around the $2.50 level, it still seems like the picture could get worse before it gets better. Current natural gas storage is at ~3.5 trillion cubic feet (Tcf); that's a full 0.4 Tcf fuller than an average winter. The reason we have such a glut of gas is the winter has not been co-operating. Basically, we rely on winter to post the bulk of the withdrawals throughout any given year—in the last few years, we have truly been relying on a cold winter to bail us out of the storage glut and we've been lucky. On average we normally see ~150-200 billion cubic feet (Bcf) of gas withdrawn per week. With the warm weather we've been getting, our average withdrawals from storage have been closer to 80-100 Bcf during the 2011/2012 wi...

By Chris Wood, Senior Analyst While surfing the Technology Review magazine website last week, I came across an article written by Christopher Mims titled Why 3-D Printing Will Go the Way of Virtual Reality. The gist of the article is that 3D printing is cool, but it's not the revolution in manufacturing that many (we included) have claimed it to be. [Ed. note: In case you missed it previously, our introductory article on 3D printing from several months ago titled A Manufacturing Revolution is a good overview of the technology.] [Read more...]

[url]http://www.traderdannorcini.blogspot.com/[/url] [url]http://www.fortwealth.com/[/url] Once again, as has been the recent pattern in the gold market, gold priced in terms of the Euro, or "EuroGold", is putting in a very strong showing in today's trading session. If you note on the weekly chart, it has moved to within about 32 euros of its former all time high in price. Many traders/investors may be dismissing European Sovereign debt issues, but the gold market certainly has one eye on it. [Read more...]

Bill Bonner View the original article. February 02, 2012 10:08 AM Baltimore…best bet for investors? We drove back into town on Sunday night. People moped around in front of bars. Groups walked uptown from the stadium, their shoulders down, the chins dragging. The city was dark…and unhappy. [Read more...]

(Interviewed by Louis James, Editor, International Speculator) L: Doug-Sama, I've heard you say you think the US is setting Iran up to be the next fall guy in the wag-the-dog show – do you think it could really come to open warfare? Doug: Yes, I do. It could just be saber rattling during an election year, but Western powers have been provoking Iran for years now – two decades, really. I just saw another report proclaiming that Iran is likely to attack the US, which is about as absurd as the allegations Bush made about Iraq bombing the US, when he fomented that invasion. It's starting to look rather serious at this point, so I do think the odds favor actual fighting in the not-too-distant future. [Read more...]