Archive - May 2011 - Blog entry
May 16th
SS Trust Fund - "We lost $1.1 Trillion last year!"
Submitted by Bruce Krasting on 05/16/2011 06:41 -0500This disaster is gathering speed.
New Gold Records Ahead: Target Price Update!
Submitted by Smart Money Europe on 05/16/2011 06:19 -0500With prices of various precious metals hanging in the ropes, even bellwether gold had to take a step back. But if we dig a little deeper, we only see new gold records ahead… in euro!
Market Data Sheets May 16th
Submitted by Pivotfarm on 05/16/2011 05:31 -0500S&P 500, Dow Jones, Nasdaq, Russell 2000, Nymex Crude Oil, Comex Gold, EURUSD, GBPUSD, USDJPY
The Economy Is Sliding Into A Stagflationary Spiral
Submitted by Econophile on 05/16/2011 00:29 -0500This article discusses the current path our economy is taking. While most economists believe the Q1 GDP stumble was a temporary blip in an ongoing recovery, I believe it is the beginning of a downward trend of economic stagnation and inflation. The root of this is the Fed's attempts to inflate the economy into recovery.
May 15th
Le MuG SHoT (ReWounD AgaiN: MeRKeL's MaGiCaL MYSTeRY EuRo)
Submitted by williambanzai7 on 05/15/2011 22:22 -0500You saw it first on Zero Hedge...A Banzai7 Crime Watch Exclusive!
Keep On Dancing Till The World Ends?
Submitted by Leo Kolivakis on 05/15/2011 21:20 -0500At one point, the music will stop, but for now, I agree with Britney Spears, you got to keep on dancing till the world ends. And despite what those bears on Zero Hedge think, the world isn't ending anytime soon...
Stock World Weekly: Under Pressure
Submitted by ilene on 05/15/2011 18:20 -0500"But alas, a minor problem looms. The Treasury will issue $68 billion in net new debt on Monday that the market must pay for."
Obama on Corporate Taxes – “Whatever GE wants”
Submitted by Bruce Krasting on 05/15/2011 15:25 -0500I think the Obama-Immelt love affair will end badly. Immelt's proposal on taxes is what you would expect. Self Serving.
"In A World of Finite Resources, We Have to Make Choices"
Submitted by Stone Street Advisors on 05/15/2011 10:24 -0500Is reducing risk always worth the price?
Why Gold is Only Taking a Rest
Submitted by madhedgefundtrader on 05/15/2011 08:26 -0500The global “RISK OFF” trade takes its toll. But for the barbarous relic, this is only a breather. The average Chinese gold holding is $36 per person compared to $1,197 in the US. Expect the former to rise a lot. The trade is moving to the Middle Kingdom. The US is still on top with reserves, but ETF’s are catching up fast. That is unless the gold bars in Fort Knox are actually made of lead with gold paint. Still looking for $2,300.
May 14th
DoLLaR FReaK ShoW (PLuS SPeCiAL RePORT: IMF DiSoRDeR)
Submitted by williambanzai7 on 05/14/2011 20:18 -0500“When you're born you get a ticket to the freak show. When you're born in America, you get a front row seat.”--George Carlin
Lunch With A Bear
Submitted by Leo Kolivakis on 05/14/2011 18:57 -0500Earlier this week, I had lunch with a friend of mine who is still bearish...
Slow Relief at the Pump As Gasoline Decouples From Crude Oil
Submitted by asiablues on 05/14/2011 13:17 -0500With the record retreat in crude oil prices, many consumers are expecting big retail price drops by Memorial Day weekend. But this time around, the decoupling of gasoline and crude oil would mean gasoline prices may be harder to drop.
Blame the Fed for commodity speculation
Submitted by Bruce Krasting on 05/14/2011 09:41 -0500Don't blame the specs. Look what's drawing the specs to the fire.
