7.1.08
Judging by a well-briefed report in the Washington Post, a mood of deep alarm has taken hold in the upper echelons of the administration. "What everyone's looking at is what is the fastest way to get money out there,"
http://www.gata.org/node/5904
Monday, January 7, 2008
Sunday, January 6, 2008
In 2008 Gold Should Glitte
4.1.08
Although gold is nearing its historic high, it may have more room to climb in 2008
http://www.sfomag.com/homefeaturedetail.asp?ID=1167686165&MonthNameID=January&YearID=2008
Although gold is nearing its historic high, it may have more room to climb in 2008
http://www.sfomag.com/homefeaturedetail.asp?ID=1167686165&MonthNameID=January&YearID=2008
Friday, December 21, 2007
COPPER OUTLOOK
19.12.07
Copper is one of the most useful metals on this planet. It’s resistant to corrosion, a good conductor of electricity and it’s also flexible. It is used in so many appliances that it would take forever to list them all however here is a small sample computers, cellular phones, electrical wiring, transformers, motors, air conditioning, cars, tractors, roofing, plumbing and the list goes on and on. There is almost no industry that does not use copper in one way or another and now thanks to the huge demand stemming from Asia (primarily from India and China) and Latin America prices have been soaring and will continue to soar for the foreseeable future.
http://www.financialsense.com/fsu/editorials/ti/2007/1219.html
Copper is one of the most useful metals on this planet. It’s resistant to corrosion, a good conductor of electricity and it’s also flexible. It is used in so many appliances that it would take forever to list them all however here is a small sample computers, cellular phones, electrical wiring, transformers, motors, air conditioning, cars, tractors, roofing, plumbing and the list goes on and on. There is almost no industry that does not use copper in one way or another and now thanks to the huge demand stemming from Asia (primarily from India and China) and Latin America prices have been soaring and will continue to soar for the foreseeable future.
http://www.financialsense.com/fsu/editorials/ti/2007/1219.html
NOT YOUR FATHER'S DEFLATION
21.12.07
Among those rational enough to perceive the looming economic downturn, a heated debate has arisen that centers on whether the slowdown will be accompanied by inflation or deflation.
http://www.financialsense.com/fsu/editorials/schiff/2007/1221.html
Among those rational enough to perceive the looming economic downturn, a heated debate has arisen that centers on whether the slowdown will be accompanied by inflation or deflation.
http://www.financialsense.com/fsu/editorials/schiff/2007/1221.html
INFRASTRUCTURE: IT'S NOT ABOUT BEIJING IN '08
21.12.07
I saw it yet again yesterday: another commentator talked about how China’s economy should keep chugging along through the 2008 Olympics in Beijing, particularly its appetite for commodities due to its infrastructure needs ahead of that event. Sometimes I hear it said that the trend might last through 2010 and the World Expo in Shanghai for similar reasons.
http://www.financialsense.com/fsu/editorials/delta/2007/1221.html
I saw it yet again yesterday: another commentator talked about how China’s economy should keep chugging along through the 2008 Olympics in Beijing, particularly its appetite for commodities due to its infrastructure needs ahead of that event. Sometimes I hear it said that the trend might last through 2010 and the World Expo in Shanghai for similar reasons.
http://www.financialsense.com/fsu/editorials/delta/2007/1221.html
BOOM OR BUST?
21.12.07
The global economy seems to be slowing down after the massive expansion which has taken place since 2002. Moreover, the recent rout in the equity and credit markets is yet again prompting several prominent analysts to claim that a catastrophic depression lies somewhere ahead. The doom-mongers are back in fashion again; pointing towards high debt levels, US housing recession and the eventual failure of the monetary system when making their dire economic forecasts
http://www.financialsense.com/editorials/saxena/2007/1221.html
The global economy seems to be slowing down after the massive expansion which has taken place since 2002. Moreover, the recent rout in the equity and credit markets is yet again prompting several prominent analysts to claim that a catastrophic depression lies somewhere ahead. The doom-mongers are back in fashion again; pointing towards high debt levels, US housing recession and the eventual failure of the monetary system when making their dire economic forecasts
http://www.financialsense.com/editorials/saxena/2007/1221.html
Thursday, December 13, 2007
Five Things You Need to Know
13.12.07
Fed Treating Quarters Like Manhole Covers; What Does "Global Coordinated Liquidity Injection" Mean?; Unprecedented? Not by a Longshot; Consumer Credit Contraction; Cleveland Introduced to Deflation
http://www.minyanville.com/articles/bac-fed-weimar-bernanke/index/a/15185/from/yahoo
Fed Treating Quarters Like Manhole Covers; What Does "Global Coordinated Liquidity Injection" Mean?; Unprecedented? Not by a Longshot; Consumer Credit Contraction; Cleveland Introduced to Deflation
http://www.minyanville.com/articles/bac-fed-weimar-bernanke/index/a/15185/from/yahoo
BEN MUST BE REALLY WORRIED ABOUT THE ECONOMY
13.12.07
DON'T ever let them see you sweat!
That's always good advice, especially if you happen to be monetary policymakers. But in the case of the Federal Reserve, the ring of perspiration is quite noticeable right now
http://www.nypost.com/seven/12132007/business/ben_must_be_really_worried_about_the_eco_876115.htm
DON'T ever let them see you sweat!
That's always good advice, especially if you happen to be monetary policymakers. But in the case of the Federal Reserve, the ring of perspiration is quite noticeable right now
http://www.nypost.com/seven/12132007/business/ben_must_be_really_worried_about_the_eco_876115.htm
Saturday, December 8, 2007
The garden of the future?
6.12.07
Forest gardens that replicate woodland ecosystems provide food, fuel and medicine, support wildlife, and could boom in popularity as the climate changes. Jill Tunstall explores a horticultural haven
http://www.guardian.co.uk/environment/2007/dec/06/ethicalliving.conservation
Forest gardens that replicate woodland ecosystems provide food, fuel and medicine, support wildlife, and could boom in popularity as the climate changes. Jill Tunstall explores a horticultural haven
http://www.guardian.co.uk/environment/2007/dec/06/ethicalliving.conservation
Food prices: Cheap no more
6.12.07
Rising incomes in Asia and ethanol subsidies in America have put an end to a long era of falling food prices
http://www.economist.com/displaystory.cfm?story_id=10250420
Rising incomes in Asia and ethanol subsidies in America have put an end to a long era of falling food prices
http://www.economist.com/displaystory.cfm?story_id=10250420
Wednesday, December 5, 2007
Reserve Bank of Australia: 'running scared' of global credit crisis
5.12.07
A new openness at the Reserve Bank has revealed a board increasingly worried about the chaos in world credit markets and the outlook for the world economy.
http://www.abc.net.au/news/stories/2007/12/06/2110919.htm?section=business
A new openness at the Reserve Bank has revealed a board increasingly worried about the chaos in world credit markets and the outlook for the world economy.
http://www.abc.net.au/news/stories/2007/12/06/2110919.htm?section=business
Monday, December 3, 2007
100 Months So Far
1.12.07
In August 1999, more people were focused on the announcement from the Bank of England that it would be selling one-half of the UK's gold reserve than the opportunity that news presented to buy gold when it was unbelievably cheap. Gold closed that month at $255.80, and it has been rising ever since. Here we are now exactly 100 months later with gold closing November at $782.20, a three-fold increase.
http://goldmoney.com/en/commentary.php#current
In August 1999, more people were focused on the announcement from the Bank of England that it would be selling one-half of the UK's gold reserve than the opportunity that news presented to buy gold when it was unbelievably cheap. Gold closed that month at $255.80, and it has been rising ever since. Here we are now exactly 100 months later with gold closing November at $782.20, a three-fold increase.
http://goldmoney.com/en/commentary.php#current
A TIDAL WAVE!
2.12.07
PRECIOUS METALS – As per my expectation, the bull-market is powering ahead due to monetary inflation and the accelerating debasement of currencies. Gold is now trading close to $800 per ounce and the yellow metal is likely to continue its advance until spring next year. At today’s level, adjusted for inflation (even using the understated inflation figures released by the Federal Reserve), gold is still roughly 65% cheaper than where it was in 1980. If you adjust the price of gold in terms of the real inflation we have witnessed over the past 27 years, the price of gold would have to rise several-fold from these levels. Now, I am not saying with any certainty that this is going to take place, but I want you to be aware of the potential should the public wake up to the inflation menace.
http://www.financialsense.com/editorials/saxena/2007/1130.html
PRECIOUS METALS – As per my expectation, the bull-market is powering ahead due to monetary inflation and the accelerating debasement of currencies. Gold is now trading close to $800 per ounce and the yellow metal is likely to continue its advance until spring next year. At today’s level, adjusted for inflation (even using the understated inflation figures released by the Federal Reserve), gold is still roughly 65% cheaper than where it was in 1980. If you adjust the price of gold in terms of the real inflation we have witnessed over the past 27 years, the price of gold would have to rise several-fold from these levels. Now, I am not saying with any certainty that this is going to take place, but I want you to be aware of the potential should the public wake up to the inflation menace.
http://www.financialsense.com/editorials/saxena/2007/1130.html
OIL'S GOING TO $70
2.12.07
For the first time in more than a year, I’m a near-term bear on oil prices. I suspect that crude could fall to around $70 per barrel in the next three to four months, roughly a 30 percent correction from its recent highs. This move will be a correction of the long-term uptrend in crude, not the end of the bull market. This correction will mark a historic buying opportunity for both oil and oil-related stocks.
http://www.financialsense.com/editorials/gue/2007/1202.html
For the first time in more than a year, I’m a near-term bear on oil prices. I suspect that crude could fall to around $70 per barrel in the next three to four months, roughly a 30 percent correction from its recent highs. This move will be a correction of the long-term uptrend in crude, not the end of the bull market. This correction will mark a historic buying opportunity for both oil and oil-related stocks.
http://www.financialsense.com/editorials/gue/2007/1202.html
Tuesday, November 27, 2007
Sunday, November 25, 2007
A Primary Bear Market
23.11.07
It was a noble battle, it was a battle that seemed almost endless. But today the great battle ended. Today the D-J Industrial Average closed below its August 16 low of 12845.78, thereby confirming the prior violation of the Transportation Average. In so doing, the stock market and the Dow Theory have spoken -- they have confirmed the existence of a primary bear market.
http://www.321gold.com/editorials/russell/russell112307.html
It was a noble battle, it was a battle that seemed almost endless. But today the great battle ended. Today the D-J Industrial Average closed below its August 16 low of 12845.78, thereby confirming the prior violation of the Transportation Average. In so doing, the stock market and the Dow Theory have spoken -- they have confirmed the existence of a primary bear market.
http://www.321gold.com/editorials/russell/russell112307.html
Securities market rigging is taken for granted
23.11.07 received via GATA
The Bloomberg News Service story appended here is remarkable for its taking for granted the market rigging being arranged by the secretary of the treasury, whereby, at the government's encouragement, the county's biggest banks are colluding to fix the market price of distressed securities, violating the most basic anti-trust law.
http://www.bloomberg.com/apps/news?pid=20601109&sid=a3BygoB.ADZg&refer=home
The Bloomberg News Service story appended here is remarkable for its taking for granted the market rigging being arranged by the secretary of the treasury, whereby, at the government's encouragement, the county's biggest banks are colluding to fix the market price of distressed securities, violating the most basic anti-trust law.
http://www.bloomberg.com/apps/news?pid=20601109&sid=a3BygoB.ADZg&refer=home
Recoupling rather than Decoupling: the Forthcoming Contagion to China, East Asia and Emerging Markets
23.11.07
This analyst started arguing against the "decoupling" hypothesis in the summer 2006
http://www.rgemonitor.com/blog/roubini/
This analyst started arguing against the "decoupling" hypothesis in the summer 2006
http://www.rgemonitor.com/blog/roubini/
Crunch May Hit Insurers Of Bonds
24.11.07
Investors already burned by turmoil from the credit crunch are now worried about unwanted surprises in the industry that insures bonds
http://www.washingtonpost.com/wp-dyn/content/article/2007/11/23/AR2007112301746.html?hpid=moreheadlines
Investors already burned by turmoil from the credit crunch are now worried about unwanted surprises in the industry that insures bonds
http://www.washingtonpost.com/wp-dyn/content/article/2007/11/23/AR2007112301746.html?hpid=moreheadlines
THE FINANCIAL TSUNAMI
24.11.07
Deutsche Bank got a hard shock a few days ago when a judge in the state of Ohio in the USA made a ruling that the bank had no legal right to foreclose on 14 homes whose owners had failed to keep current in their monthly mortgage payments. Now this might sound like small beer for Deutsche Bank, one of the world’s largest banks with over €1.1 trillion (Billionen) in assets worldwide. As Hilmar Kopper used to say, “peanuts.” It’s not at all peanuts, however, for the Anglo-Saxon banking world and its European allies like Deutsche Bank, BNP Paribas, Barclays Bank, HSBC or others. Why?
http://www.financialsense.com/editorials/engdahl/2007/1124.html
Deutsche Bank got a hard shock a few days ago when a judge in the state of Ohio in the USA made a ruling that the bank had no legal right to foreclose on 14 homes whose owners had failed to keep current in their monthly mortgage payments. Now this might sound like small beer for Deutsche Bank, one of the world’s largest banks with over €1.1 trillion (Billionen) in assets worldwide. As Hilmar Kopper used to say, “peanuts.” It’s not at all peanuts, however, for the Anglo-Saxon banking world and its European allies like Deutsche Bank, BNP Paribas, Barclays Bank, HSBC or others. Why?
http://www.financialsense.com/editorials/engdahl/2007/1124.html
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