Gold Stocks Today » SNB

Currencies Hold Ground Ahead of Jobs Jamboree

Chuck Butler — Fri, 03 Feb 2012 17:25:54 +0000

This morning, the currencies look pretty much like they did yesterday when I left the office… There’s still the Sword of Damocles hanging over the euro (EUR), in the form of Greek negotiations to obtain help from private lenders. This has dragged on now for over two weeks, and I’ve given up on it happening… [...]

Currencies Hold Ground Ahead of Jobs Jamboree originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Commodities Take Off!

Chuck Butler — Fri, 27 Jan 2012 16:57:47 +0000

The Greek talks returned to the headlines this morning. I know I said this last Friday, and I was a little too optimistic and turned out to be wrong! But… I do expect this agreement on a private-sector involvement in Greek debt to get hammered out this weekend… It seems that the opposition from eurozone [...]

Commodities Take Off! originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Home Prices Keep Falling

Chuck Butler — Mon, 23 Jan 2012 16:35:32 +0000

Good day… Should be an interesting week, as the ECOFIN people meet and Greece is still working on their debt and… this will be my first full week of work in over a month, so all in all, pretty interesting! What I also found interesting on Friday was the price action of silver… I don’t [...]

Home Prices Keep Falling originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Eurozone Data Continues to Print Weak

Chuck Butler — Fri, 06 Jan 2012 17:23:22 +0000

There’s a lot to get to this morning… but front and center is the Jobs Jamboree Friday… The first one of 2012, although it is December’s job creation report. The ADP jobs report yesterday, which was supposed to be the “indicator” for the Jobs Jamboree, but never really materialized as such, reported that 325,000 jobs [...]

Eurozone Data Continues to Print Weak originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

France Has a Successful Bond Auction

Chuck Butler — Thu, 05 Jan 2012 17:19:03 +0000

Front and center this morning, the euro (EUR) has plunged overnight, and now sits 2-cents below where it was yesterday when I was writing the Pfennig. France auctioned bonds this morning, and had to ratchet up the yield, as many buyers are afraid of the rumors that France’s AAA rating is about to be slashed. [...]

France Has a Successful Bond Auction originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Comparing the US and Eurozone Debts

Chuck Butler — Mon, 12 Dec 2011 17:03:50 +0000

Right out of the starter blocks this morning, the euro (EUR) has broken through that trading range it held last week (1.3350-1.3450), to the downside, as the ratings agency Moody’s warned the Eurozone that it would begin to review each member. I told you on Friday that I didn’t believe that the Eurozone leaders had [...]

Comparing the US and Eurozone Debts originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Brazil Quietly Scraps its Tax on Foreign Investment

Chuck Butler — Wed, 07 Dec 2011 16:27:27 +0000

Today is our country’s first day of infamy… Pearl Harbor Day… I hope to visit Pearl Harbor some day, and pay my respects to those American soldiers and sailors who were attacked when we weren’t even at war with the Japanese… A day for us all to stop and think about what happened that day. [...]

Brazil Quietly Scraps its Tax on Foreign Investment originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Did the Jobless Rate Really Fall?

Chuck Butler — Mon, 05 Dec 2011 16:15:55 +0000

I’ll probably be all alone when I make this statement, but, then I don’t follow the trumpeter anyway… What a crock the Jobs report was last week! When will the major media figure this all out? Probably never, because they don’t have real investigative reporters any longer… But here’s what I’m talking about, folks… The [...]

Did the Jobless Rate Really Fall? originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Rate Cut Week Next Week?

Chuck Butler — Fri, 02 Dec 2011 16:39:19 +0000

OK… It’s a Jobs Jamboree Friday… (Doesn’t it seem like we just did this?) The experts are looking for the economy to have created 125,000 jobs in November… Hmmm… While that would be nice to see, I doubt it has legs to stand on… IF, we really count the jobs created correctly… Remember that in [...]

Rate Cut Week Next Week? originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

US and Chinese Presidents Trade “Ideas”

Chuck Butler — Mon, 14 Nov 2011 16:27:11 +0000

The goings-on this past weekend were something. Every time I would pull up the news, I would find more quotes and statements that would potentially move the markets come Monday morning… One of the big ones was our president telling the Chinese: “Enough is enough”… Oooohhhh… I bet the Chinese are shaking in their boots… [...]

US and Chinese Presidents Trade “Ideas” originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.