Gold and Oil Archive

  • Staggering Stats About Silver Supply

    Staggering Stats About Silver Supply

    I got a June 2010 brochure from silverinsidersreport.com that contained an interesting fact about SLV, the Exchange Traded Fund (ETF) for silver, which is that Peter Keusgen, the writer, says that SLV is “the main alternate source of storage” of silver and “which accounts for...

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  • The Final Frontier…for Your Portfolio

    The Final Frontier…for Your Portfolio

    Forget about science fiction…cheaper private space access may actually be just around the corner. Earlier this month, PayPal founder Elon Musk’s space exploration company, SpaceX, moved us closer to that goal. It did so by successfully launching a medium-lift rocket into low Earth orbit. SpaceX was...

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  • Fragile Recovery or Great Correction

    Fragile Recovery or Great Correction

    Today, we weep! Yes…pity the poor rich. Or those who thought they were rich. They’re losing their houses. The New York Times reports that the rich are defaulting on their mortgage loans faster than the poor: The housing bust that began among the working class in remote subdivisions...

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  • Central Banks Diversify

    Central Banks Diversify

    OK… Well, thanks to Chris for taking over the Pfennig on Friday. I was busy with other things for the day. I sent a note to Chris Friday morning about the Canadian Job report, and he replied that he had already written about it! WOW!...

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  • America Invicta

    America Invicta

    America is still quite strong, and most of its fiscal problems stem from entitlements, which might be reduced or eliminated. So it is possible that war might be financed and armies manned. But war usually causes debt and tax rates to increase. America is for...

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  • US Economic Shockwaves Slam China With Unemployment

    US Economic Shockwaves Slam China With Unemployment

    In the below video, originally aired on Current TV, journalists travel to China to document how the US consumer spending slowdown has devastated the Chinese manufacturing sector. Factories there have had to wind down production and lay off millions of workers as Americans buy fewer...

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  • An Unsustainable Welfare-State Rat Race

    An Unsustainable Welfare-State Rat Race

    Like a rat on its exercise wheel, the White House keeps on spinning though new spending program ideas without ever determining a finish line. Basically, how to pay for them. If the Obama administration decides to step off the spending wheel too late it’s likely to...

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  • The Incredible Impact of the Words “Made in China”

    The Incredible Impact of the Words “Made in China”

    The “Dress code” section on the bar’s website says it all: “Come dressed glamorously: we love glam grunge, glam & groovy or haute glam couture, but leave the flip-flops and board shorts at the beach…” Shanghai is not the kind of city most expect to see when...

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  • Con-Way Inc. (NYSE:CNW) — How GDP Growth Impacts Con-Way Stock

    Con-Way Inc. (NYSE:CNW) — How GDP Growth Impacts Con-Way Stock

    Con-way Inc. (NYSE:CNW) is a California-based provider of transportation, logistics, and supply-chain management services, a sector where Baird has noted fluctuations in strength that relate to GDP growth. Dan Amoss, editor of Agora Financial’s Strategic Short Report, explains how the Baird finding applies to Con-way’s...

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  • Irrational Gold Selling

    Irrational Gold Selling

    Last Monday I couldn’t believe my eyes when I saw that the price of gold had dropped .20, which was weird enough since Kitco was showing the “Gold Price Change due to Weakening dollar” was up by .00, meaning gold should be going up thanks...

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