From the category archives:
Seems like my sources in Asia are right on the money. Check this out …
China crude imports leap 25 pct, fastest in 10 mths Reuters, Wednesday, June 11 2008
BEIJING, June 11 (Reuters) – China’s crude oil imports leapt by 25 percent in May to their second-highest ever, reversing a rare fall the month before [...]
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Fed Chairman Ben Bernanke is trying to support the dollar, making rare statements on Tuesday about how the weak dollar has contributed to inflation, and that the Fed is closely monitoring the dollar.
Bernanke went on to repeat his inflation concerns while speaking at Harvard University yesterday, saying that “some indicators of longer-term inflation expectations [...]
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In a speech this morning at an international monetary conference in Spain, Fed Chairman Ben Bernanke took the unusual step of speaking out on the dollar saying that the central bank is “attentive” to the weak U.S. dollar and that it has contributed to an “unwelcome rise” in inflation. He went on to say that [...]
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Dollar’s bouncing a bit, yet oil remains at record highs. Gold is consolidating, getting ready for its next move. Which way will it go?
Meanwhile, the DJIA has held my major support level at 12,795. Could stocks start to play catch up with other inflating assets? After all, US stocks in general have already been [...]
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Yes, that’s right. That’s what I’m forecasting. Phase II of the natural resource and commodity boom is about to begin. And it will be the most powerful surge higher yet.
How do I know? I won’t go into all the details of my trading and forecasting models, but I will support this with a fundamental [...]
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