30 Warren Buffett Stocks… and the latest Miracle Stock Picking System
March 8, 2013 by Leave a Comment
Strong US Retail Sales Equals Stronger US Dollar
December 15, 2010 by Leave a Comment
A chill came over the currencies and metals yesterday, which was about right, when you take into consideration the trading patterns of the past month… Two days risk on; two days risk off, and so on… This time though, the risk off that began yesterday mid-morning, looked to me to be a fundamental move… What? Fundamentals driving currency movements? What, has the world gone crazy? Well… It certainly looked that way… And it all began with the printing of US retail sales…
[Read more...]Chinese Inflation and Economic Growth Soar
December 13, 2010 by Leave a Comment
Well, the pause for the cause by US Treasury yields, lasted but one North American trading session on Friday… The 10-year yield has jumped higher once again this morning, all the way to 3.35%!!! WOW! Once again, I wonder aloud if the Treasury Bubble that I’ve cried wolf about for three years, is coming to fruition, or… Is this just another head fake, that will be corrected once the FOMC begins to really pull the trigger on their quantitative easing…
[Read more...]Brazil Hikes Rates Again
June 11, 2010 by Leave a Comment
What a rally in the risk assets yesterday! And for once, when the rally fizzled out yesterday afternoon, profits weren’t taken in the overnight markets… Instead we saw a consolidation, if you will, of the price gains on Thursday in the overnight markets. That’s nice to see, eh? For it had been the pattern of recent times to just sell off any gains, and end up back on square one, or even lower than the starting level. So, like I said, this was very nice to see… I checked the levels last night before I went to bed, and noticed that there had not been any sell off, and thought, what a great Friday it would be tomorrow, if these can hold throughout the night… And they did!
[Read more...]Did the US Have Negative “Real” Job Creation?
June 7, 2010 by Leave a Comment
Well… On Friday, when I was signing off, I said that suddenly the currencies were getting sold… At that time, it looked as if it might be short-lived… But NOOOOOOOOOOOOOO! This was an all-out assault on risk, folks… At when the dust settled in the early afternoon, the euro (EUR) had fallen below 1.20, for the first time since 2005, and every other currency was getting whacked, too. For the first time all week, though, gold rallied…
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This WWI Oil Stash Is Set To Pay Off Again
It wouldn’t be too far off to say that Oklahoma won World War I.
That is, the majority of fuel that powered the ships, planes and tanks for U.S. forces came from the Sooner state’s oil patch.
Without that fuel, maybe the Western Front falls. Hey, crazier things have happened.
[Read more...]Click for detailed story