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EconMatters's picture

No Love for the Coffee Market?





Coffee is just that kind of market great for traders and well worth putting on your trading radar screens.

 
EconMatters's picture

So David Einhorn is the Dumb Money on Apple





 

Turning your growth trade into a value trade is the quintessential sign of a losing trader on Wall Street. 

 

 
GoldCore's picture

Gold Sentiment Poor Due To Range-Bound Trade and Banks' Bearish Predictions





 

Many of the banks, now predicting gold’s bull market will end in 2013, never predicted gold’s bull market in the first place. Most were bearish on gold in the early to mid years of the bull market and most only became bullish quite recently.

 Many of these banks' primary focus is short term profit, often trading profits, and therefore they do not understand the long term, passive diversification benefits of gold in a portfolio or as financial insurance.

 
Tyler Durden's picture

Tim Geithner's Book Is Coming: An En-Titlement Crowdsourcing Effort





While it is a time-honored tradition that every single person who worked with Tim Geithner, usually on spotless terms, never daring to say one word out of place for fears of offending the former Treasury Secretary and jeopardizing their government salary, has upon exit from the public sector penned a book bashing none other than the Tax-challenged former head of the New York Fed (whose leaks of imminent Fed activity will never be investigated by any US judicial body), it is certain that Tim Geithner's upcoming book will have a different subject. And since the centrally-planned US population is always glad to help out with ideas, today's key trending hash-tag in twitter is none other than #geithnerbooktitles, which as the name implies, is the collective twitter subsonciousness' proposal for what Timmy's new book should be called. The real time list is presented below. Readers are naturally encouraged to provide their own suggestions.

 
EconMatters's picture

US Consumers Subsidizing Venezuela Gasoline at 18 Cents a Gallon





The gasoline market is well supplied, but if it weren`t for gasoline exports to countries like Venezuela, the United States would have much cheaper gasoline.

 
Tyler Durden's picture

Frontrunning: February 6





  • Tunisian opposition politician shot dead, protests erupt (Reuters)
  • China says extremely concerned after latest North Korea threats (Reuters)
  • Postal Service to cut Saturday mail to trim costs (AP)
  • Debt Rise Colors Budget Talks (WSJ)
  • Obama proposes short-term budget fix, Republicans swiftly object (Reuters)
  • S&P Analyst Joked of Bringing Down the House Before Crash (BBG)
  • Dell’s Bigger Challenge Ahead in Turnaround After Buyout (BBG)
  • Some of the Mark Carney Gloss Is Coming Off (WSJ)
  • Japan Official Says BOJ Tools Sufficient as Shake-Up Looms (BBG)
  • S&P Lawsuit Undermined by SEC Rules That Impede Competition (BBG)
  • Heavy Clashes Erupt in Syrian Capital (WSJ)
 
Tyler Durden's picture

Fed Confirms It Was Hacked By Anonymous





As was reported on Monday, among the numerous files hacked and leaked in the past week by the Hacker group Anonymous was a database of some 4606 regional bankers together with copious amounts of confidential information, which according to Anonymous' twitter account was sourced at the very Federal Reserve, which in turn would imply that the Fed itself had been hacked.

 
GoldCore's picture

China's Gold Imports From Hong Kong Double To New Record In 2012





Gold climbed $5.70 or 0.34% in New York yesterday and closed at $1,673.50/oz. Silver inched up to $31.86 in Asia, then it fell back to $31.38, and then rose to a high of $31.91, but eased off in afternoon trade and finished with a loss of 0.35%.

Gold rose to a new record nominal high on the TOCOM at 0.156 million yen per ounce. The resignation of Bank of Japan Governor, Shirakawa on March 19 is pressuring the yen as is increased tensions in the Pacific between China and Japan -  Japan accused China of targeting a Japanese naval vessel and helicopter.

 
EconMatters's picture

After Election Obama Doesn`t Care about High Gas Prices





The last time prices reached only $95 a barrel WTI the Whitehouse started talking up the SPR release only six months ago.  Now that gas prices are higher than ever for this time of year and set to go higher, and we haven`t heard a single mention of the SPRs? 

 
EconMatters's picture

When Goodwill Turns Nasty





More and more in fashion lately in the financial world is companies taking huge write-downs of some flopped acquisitions....

 
EconMatters's picture

Delta Airlines Got an Oil Refinery: The Math Does Not Work





Exxon reported 4Q profit at a five-year high boosted by its refining arm.  However, Delta Airlines (DAL) can’t tell a similar success story with its newly acquired refinery at Trainer, PA. 

 
EconMatters's picture

Clash of Federal vs. State Laws: US completely Arbitrary





The current government stance on Marijuana and Online/Casino Gaming is making their position from a legal standpoint look completely arbitrary and lacking in credibility. 

 
EconMatters's picture

When the Gold Bugs Start Selling, Look Out!





If Peter Schiff is selling gold, then maybe you should too!

 
EconMatters's picture

The Market Rally Tells Us Nothing about the Economy





All this talk about some Super Cycle turn in the economy is putting the proverbial cart ahead of the horse.

 
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