From the category archives:
Now that we’re getting Global Wealth Report off the ground, you can read my blog at http://blogs.globalwealthreport.com/red-hot-energy-and-gold/
And here is my latest post: http://tinyurl.com/dyq77s
Remember to update your links and RSS feeds.
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You might say he’s only adding to my freak out. Check out the latest …
Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
Soros said the turbulence is actually more severe than during the Great [...]
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This morning, we saw gold pull back, but buyers are coming in. We’ll see where we end the day. A look at a weekly chart of gold may be helpful…
As you can see, gold is up against overhead resistance from last July’s high. It may pull back here before going on to test all-time highs [...]
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It looks like a stupor-inducingly dull day in the market. I survived Christmas, though my Aunt’s dog, Sidney, did not. In fact, it died at my house yesterday afternoon. Sidney was a very old dog, a good dog, and very loved, and will be missed very much.
Earlier in the day, we had fun. Along [...]
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The following poem was cut from the top of my MoneyandMarkets.com column (”3 Stock-ing Stuffers,”) today …
Twas the eve before Christmas, and all through the night Sean’s mind was whirring, With stocks that could ignite
Poetry is subjective, and everyone’s a critic.
Before we get to the serious stuff, here’s some Christmas cheer (and [...]
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We’re all waiting for the Fed announcement shortly after 2 pm today, where it is widely expected that the Fed will cut its benchmark interest rate in half to 50 basis points. According to Bloomberg, with Fed rates at zero, Fed Chairman Ben Bernanke will then move on to using the Fed’s balance sheet [...]
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After I recommended a bearish position in RCE on Friday, the markets surged like a rhino on cocaine. Typical! Still, it’s better than a hot-death sandwich, if only because A) we kept the position small and B) my other services, which are longer-term, retain their bullish stance on gold, energy and agriculture.It seems to be [...]
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There’s not much I could say about the markets today that can’t be said in charts. All the major averages gave weekly sell signals at the end of day yesterday. One thing isn’t going down — gold. It is showing strength today — maybe it’s the fear trade, maybe it’s just options [...]
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Here’s the chart you need to watch — currencies are driving everything. Is the US dollar going to correct lower? It hasn’t broken its recent rocket ride of an uptrend. Neither has crude oil, despite its rally yesterday …
GLOBAL ECONOMY
Treasury, FDIC Crafting Plan to Rework Millions of Mortgages [...]
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I’ve been talking recently about how the credit crunch may slow project development in both energy and gold. Here are two examples …
Credit Crisis May Block, Delay 20% of Deepwater Rigs, Slow Petrobras Boom As many as 20 of the 100 deepwater oil rigs on order worldwide may be delayed or canceled as [...]
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