• Gold Money
    05/03/2016 - 11:35
    Crude oil time-spreads have completely dislocated from inventories. Historically, such dislocations have proved to be short lived. We expect that either spot prices will sell-off again or the back...

Daily Highlights: 6.29.09

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Mon, 06/29/2009 - 09:54 | 2739 shargash
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"Japan industrial output up 5.9 percent in May, rises for third month"

Japanese exports are still plunging. Internally, wages and prices are both falling. Yet their factories are increasing their output. Who's going to buy the crap they're producing? They're setting themselves up for an inventory-driven downturn on top of a financial meltdown.

Mon, 06/29/2009 - 12:12 | 2763 Anonymous
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Its going to China. I swear.

Mon, 06/29/2009 - 12:13 | 2765 Anonymous
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Its going to China. I swear it is.

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