• GoldCore
    01/13/2016 - 12:23
    John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving...
  • EconMatters
    01/13/2016 - 14:32
    After all, in yesterday’s oil trading there were over 600,000 contracts trading hands on the Globex exchange Tuesday with over 1 million in estimated total volume at settlement.

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Deconstructing Hopium In 3 Simple Charts

charts, that perfectly describe the process top-down for arriving at a view on US equities, will allay all ... Trade Accordingly. (Ben Bernanke, Jim Cramer, Reality) Confused as to how to position ... the dark with reality? Have no fear. These simple three charts, that perfectly describe the process ...

Story - Tyler Durden - 06/22/2012 - 14:34 - 33 comments - 0 attachments

Hedge Funds Most Levered And Long Since 2004

absolute and endless central bank-intervention perfection - sorry, fundamentals in a time when global GDP ... report its first sub 1% GDP quarter in years, when corporate revenues and EPS are declining just don't ... good to go. HFT's always looking for a new "trading partner". Just make sure you have lots of money to ...

Story - Tyler Durden - 01/14/2013 - 11:06 - 44 comments - 0 attachments

Swiss Franc Surges To New Record Against Dollar, Peripheral Spreads Blow Out As Schizophrenic Market Is In Risk Off Mode

(CDS, default, Greece, Swiss Franc, Yen) The perfect storm in risk off continues, as not only have European peripheral spreads once again commenced their trek wider, but FX flight to ... trade near all time lows, save for the flash crash plunge from March 17. According to Lee Hardman of ...

Story - Tyler Durden - 07/25/2011 - 05:58 - 20 comments - 0 attachments

Chinese Bullet Trains Collide, At Least 11 Killed, Hundreds Injured

(China, Corruption, None, Reuters, Wen Jiabao, Yuan) It was only a matter of time before China's pursuit of infrastructure perfection for the sake of merely recycling trade surplus dollars ended up in casualties. And while its now innumerable ghost cities are unlikely to hurt anyone since they ...

Story - Tyler Durden - 07/23/2011 - 10:20 - 109 comments - 0 attachments

About iCahn's AAPL Activism, And Those AAPL Bonds

up burning a total of $2 billion in the quarter, as its domestic cash balance fell for the second consecutive quarter to $40.6 billion even as foreign cash rose to a record $106 billion. Alas, as everyone ... the bonds which were issued on April 30 at par are now trading some 10% lower, primarily as a ...

Story - Tyler Durden - 08/13/2013 - 14:09 - 50 comments - 0 attachments

This Time Is Different

fundamental and pioneering changes which included the establishment of trading dominance, great progress in ... This was a period in which huge economic, business, scientific, trading and naval progress was ... setting the scene for tulip mania. The tulip bubble did not revolve around a physical trade in bulbs ...

Story - Tyler Durden - 01/27/2013 - 11:46 - 45 comments - 0 attachments

Daily Highlights: 11.12.09

to grow 9 percent in 4th quarter as domestic demand surges, top official says. Brazil government ... Fed rate to stay near zero. Euro up to $1.500 in European morning trade, Asian equity gains slow. ...

Story - Tyler Durden - 11/12/2009 - 08:26 - 5 comments - 0 attachments

Howard Marks On Mistakes, Biases, And The Efficient Market Fallacy

latest treatise, adding that for a trade to turn out to be a major success, the other side has to have been a big mistake. In any trade it is generally safe to say that one side has to be wrong (since ... by investors fitting that description, it, too, could price assets perfectly. That’s what the ...

Story - Tyler Durden - 06/28/2012 - 14:01 - 17 comments - 0 attachments

Ratigan's Four Simple Yet Brilliant Proposals On How To Fix The System

firms will have Goldman's trading pattern each and every quarter. Enact a tax-code to discourage ...

Story - Tyler Durden - 11/04/2009 - 13:01 - 77 comments - 0 attachments

What A Difference A Week Makes For Cyprus' Schrodinger Deposits

traded at high of about €6 and is last quotes at €.21 so the shareholders are virtually wiped out ... deposits to pay themselves. A great trade for Cyprus? A great trade for Cyprus? Wipe out cash ... call"...what do they call that options trade? A "strangle"? Shorting that Bucky still looks like a real bear ...

Story - Tyler Durden - 03/24/2013 - 22:03 - 159 comments - 0 attachments

David Rosenberg: "What Is Wrong With This Market?

massive global risk-on trade. On average, six weeks hence, the S&P 500 was up more than 9% after ... QE3 announcement, the CFTC (Commodity Futures Trading Commission) data showed the hedge funds had ... since the first quarter of 2009 when U.S. GDP contracted at an epic 5.3% annual rate (and 20 percentage ...

Story - Tyler Durden - 10/23/2012 - 21:12 - 107 comments - 0 attachments

Daily Highlights: 10.27.09

Hong Kong's property curbs. China sees faster production gains in fourth quarter. China state fund ... Euro rises to $1.4905 in European morning trade. Milk glut has dairy farmers killing hundreds of ...

Story - Tyler Durden - 10/27/2009 - 07:30 - 9 comments - 0 attachments

3% Market Ramp... On No Deal, And On Debt Ceiling Breach

the quarter end...they get the bonuses and the fund families all slap themselves on the back touting ... political bickering, trade deficits, breached debt ceilings, survellience states, reality t.v., cronyist ... nine years (just) Another perfectly executed fraud by the master of deceit!   He lied ...

Story - Tyler Durden - 12/31/2012 - 16:10 - 75 comments - 0 attachments

Stunning Libor Fraud Admissions: "As For Kick Backs We Can Discuss That At Lunch" And Much More

zipper-de-do-da. How about some form of performance bonus per quarter from your b bonus pool to me for the libor ... they're Are you kidding, they're probably spying and trading on the dialogue themselves. If it ... bases of our constitution. " We the people of the United States, in order to form a more perfect ...

Story - Tyler Durden - 09/25/2013 - 09:45 - 146 comments - 0 attachments

Spanish Banks Hiding Over $70 Billion In Bad Real Estate, El Confidencial Finds

mystery in the financial world continues to be that Spanish CDS is not trading 2 or 3 times wider than ... European Stress Test finds that all Cajas, just like last year, are perfectly capitalized, in what will be ...

Story - Tyler Durden - 06/27/2011 - 07:19 - 30 comments - 0 attachments

As Goes China, So Goes The World And Definitely Australia

perfect, but heaven knows we try But all around, even our old friends put us down Let's ... on S&P headline You watching the AUD?  A lot of shorts on that trade, usually trades with ... the next five years. And of course gold. And Aussie's trade partner China is 30% of her trade, but ...

Story - Tyler Durden - 02/26/2013 - 18:11 - 56 comments - 0 attachments

GLD ETF Adds 6 Tons Of Gold Today, Still 22 Tons Away From All Time High

(Exchange Traded Fund, Gold Spot, headlines, International Monetary Fund) In one day, GLD ... June 30, when spot was $1,244, or about 1.7% lower. This means that in a perfect world, GLD will soon ... physical for delivery. Zero Hedge,Zerohedge,Finance,Economics,Markets,Politics,Analysis,Exchange Traded ...

Story - Tyler Durden - 09/14/2010 - 17:04 - 111 comments - 0 attachments

Has the European Spring Started?

The upcoming US-EU trade The upcoming US-EU trade negociations and the use of Canada-Eu ... print being negotiated currently by HYPERLIBERAL EU trade commissioner Karel de Gucht, an ardent ... contested by recalcitrant members of EU parliament prior to the USA trade Blitzkrieg.  But if the Canada ...

Story - Tyler Durden - 03/13/2013 - 11:06 - 49 comments - 0 attachments

Guest Post: China’s Military Development, Beyond the Numbers

peer-reviewed journal The China Quarterly draws on several years of intensive research based on over 100 ... and difficult trade-offs concerning defense spending. Rising income inequality, ethno-religious ... peer-reviewed article in The China Quarterly can be downloaded here . Peak oil is ...

Story - Tyler Durden - 03/12/2013 - 20:35 - 63 comments - 0 attachments

Horsemeat Scandal Goes Global As World's Largest Food Maker Pulls Tainted Pasta From Spain And Italy

voluntarily. Enforcement largely falls to individual local authorities and their trading standards officers, ... for several years about the growing trade in knackered horses both between Ireland, the UK, France ... week a horse abattoir in Yorkshire, Peter Boddy, was raided along with a Welsh meat trading company. ...

Story - Tyler Durden - 02/18/2013 - 21:44 - 228 comments - 0 attachments

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