|
Weekly Archive
By: Richard Benson, SFGroup - 26 October, 2007
If our country’s debt problems in the private sector were simply limited to the $1.5 trillion of subprime mortgages that needed to be repaid, restructured or foreclosed, the situation might be manageable. But they’re not, and it isn’t. Full Story |
By: Peter Schiff, Euro Pacific Capital, Inc. - 26 October, 2007
Four leading members of the Bush administration's economic team, including Ed Lazear, Chairman of the Council of Economic Advisors, Commerce Secretary Carlos Gutierrez, Al Hubbard, director of the National Economic Council, and Jim Nussle, director of the Office of Management and Budget, convened on a CNBC panel earlier this week and confidently forecast that the economy would avoid a recession. Full Story |
By: Adam Hamilton, Zeal Intelligence LLC - 26 October, 2007
While this long-established silver behavior doesn’t alter long-term bullishness on silver one bit, it really should readjust trader expectations. Like soldiers describing war as mostly boredom punctuated by occasional sheer terror, so is silver trading. We need to expect long periods of boring consolidations and relative underperformance to gold before silver suddenly shoots parabolic and earns us fortunes within months. Full Story |
By: Sol Palha, Tactical Investor - 26 October, 2007
The only area that has been somewhat tricky to predict has been the very short term time frame and indeed this to be expected as markets are nothing but a manifestation of insanity in real time. Full Story |
By: Deepcaster - 26 October, 2007
In sum, with The Cartel’s increasing use of derivatives comes an increasing risk of a financial meltdown. We had such a harbinger of one in August with the credit market freeze up of August, 2007, but The Cartel was able to rescue its major Bank and Wall Street clients from this one. But, alas, it will likely not always be so, with predicable negative consequences for all of us. Full Story |
By: Ken Gerbino - 26 October, 2007
The big news globally is that the U.S. Federal Reserve and the Bank of England both threw in the towel on monetary policy to deal with market panics in the last two months. We believe these problems are only the tip of the iceberg of a massive credit and investment bubble that is threatening to unwind. Full Story |
By: Michael J. Dogariu - 26 October, 2007
In the early stages of the precious metals bull market back in 2001, there were precious few articles written on the subject that took a bullish point of view, so I wrote more of my own stuff because of the dearth of material in existence. I don’t seem to have as much time to write articles as I used to, but that is not a problem anymore. Full Story |
By: Douglas V. Gnazzo - 26 October, 2007
To value the Dow Industrials with paper fiat debt-money is an invalid measure of value. The dollar has lost 95% of its purchasing power since 1913. Likewise, any profit on the Dow from 1913 to the present that is denominated in U.S. dollar bills, has also lost 95% of its purchasing power. And the same holds true for gold and silver. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 26 October, 2007
What this…little putz of a 'journalist' doesn't understand is that the central banks are not a success, but are a gigantic failure, and they fooled everyone for a few years with their new calculations ('lying with statistics') of inflation in prices… Full Story |
By: Rick Ackerman, Rick's Picks - 26 October, 2007
The Nasdaq index has been slithering sideways for nearly two weeks, so you might as well flip a coin if you’re keen on betting which way stocks are finally going to break, up or down. And forget about forming any strong opinions before the close, since that’s unlikely to produce better results than a coin-toss. Full Story |
By: Ira Epstein - 25 October, 2007
Merrill Lynch yesterday announced they were writing down $7.9 Billion Dollars in collateralized debt obligations and subprime mortgages. While a write off was expected, the sheer magnitude of nearly $8 being lost sent ripples through the financial community. My guess is that those in the know realize that “other shoes” are about to fall. Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 25 October, 2007
-Billions of dollars going up in smoke…the naïveté of American financial writers…an event truly devoid of sanity…
-Tango anyone?…microphones and foreign languages…the Barbara Streisand school of musical expression…
-Round robin finger pointing…regulatory foot-dragging…the Oracle of Omaha corroborates our story…and more! Full Story |
By: Dudley Pierce Baker - 25 October, 2007
There are literally no geographical boundaries for companies in search of natural resources. Nearly every country from the United States, Peru, Ecuador, Brazil, Argentina, Venezuela, China, Turkey, Mexico and even under the ocean floor, offer the potential for incredible opportunities. Full Story |
By: Boris Sobolev - 25 October, 2007
The ratio between Exploration I and HUI indices is highly volatile and cyclical. We believe that it has set a long term low and is now on its way for a strong rebound. Exploration I stocks almost always rally in the later stage of the sector upturn. This means that this is the right time to establish positions in quality junior exploration and development companies and reap big rewards. Full Story |
By: Jim Willie CB - 25 October, 2007
In late summer, my perceived strong signal for the September rate cut proved accurate. It was the dire condition of the Wall Street broker dealer stock index, the XBD. My contention all along has been that the official USFed rate cut was motivated by Wall Street giant banker interests, whereby the actual rescue stimulus was disguised and thoroughly devious. In reality it was a mammoth subsidy for Wall Street firms. They stood first in line at the Discount Window. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 25 October, 2007
So imagine my surprise to hear them yelling at each other 'Damn it! He almost shot me! What in the hell is that Stupid Lunatic Mogambo (SLM) doing now? He's going to kill us all with those stupid guns of his!' Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 24 October, 2007
-On the other end of the finger wagging…the allure of commodities and foreign currencies…how quaint…
-The higher price of higher learning…the ugliest building in Buenos Aires…too busy to stop making money…
-More negative impacts than most imagined…Bush sings, "Hey, big spender!"…and more! Full Story |
By: Adrian Ash - 24 October, 2007
Until the next raft of write-downs show up – and the lawsuits are filed after "unapproved" risks lead to "unexpected" losses – few investors can say with certainty that they're 100% free of subprime. Full Story |
By: David N. Vaughn, Gold Letter, Inc. - 24 October, 2007
Gold may be moving ahead of the juniors at the moment but the juniors will catch up. Sometimes to wait patiently for a situation to change and improve is the hardest thing to do. But that is what the moment calls for. Hold on to those quality gold shares. Full Story |
By: Clive Maund - 24 October, 2007
When the S&P500 index broke to new highs at the end of May and again in recent weeks there was a great media fanfare. In this brief article, which is actually directed at that select band of readers who are more interested in reality than illusion, we are going to examine this “remarkable accomplishment” to see just how remarkable it really was. Full Story |
By: Michael Nystrom - 24 October, 2007
The good news is that all is not yet lost. But to save the republic, we all must act swiftly and forcefully. As we all know from experience, the urge to conserve becomes strongest when the threat of loss is most real. Full Story |
By: Ned W. Schmidt, CFA, CEBS - 24 October, 2007
Twiddle Dee and Twiddle Dumb, one at Federal Reserve and other at U.S. Treasury, continue to focus on saving banks from their rather stupid creation of SIVs. Fine if families are thrown out of homes, investment bankers must be rescued. Proper economic response would be to let some of those banks fail! Due to this ineptness, dollar has plummeted and Gold has risen. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 24 October, 2007
And the inflation news just keeps getting worse, as we had a 4.4% y-o-y increase in the Producer Price Index in September. And yet people wonder why I am in here puking into the toilet and cursing the Federal Reserve while I do it. Ugh. Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 23 October, 2007
-Fools are fun to watch…the disbelief suspension bridge…the 'long run' is really only 10 years long…
-A Summit devoted to Global Wealth and Wisdom…gauchos on the up and up…jealous of French cows…
-More expensive to be an American…marginally less sleazy news from Countrywide…tantalizing tantalum…and more! Full Story |
By: Theodore Butler - 23 October, 2007
I am sure that eventually we will read about the great losses some institutions have suffered from very high silver prices because they sold silver to clients that they never actually purchased. People will scratch their heads and ask how those firms could do something so foolish, just like many today question how big firms could offer mortgages to borrowers of poor quality. Full Story |
By: Steven Saville, Speculative Investor - 23 October, 2007
With the Dow Industrials Index and the S&P500 Index having quite recently made new all-time highs we thought we'd re-visit our opinion that US equities are, as a group, immersed in a secular BEAR market. Full Story |
By: Mary Anne & Pamela Aden - 23 October, 2007
Gold is glittering, soaring more than $100 since mid-August, to a new bull market high and to its highest level since January 1980. The six year bull market is strong and solid. Full Story |
By: Sol Palha, Tactical Investor - 23 October, 2007
P is for palladium as it’s for patience and no metal out there has demanded as much patience as this chap. Thus on the same token when it comes to handing out rewards we believe those who were patient enough to use every major pull to add to their positions will in turn reap tremendous rewards too. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 23 October, 2007
Secretly, I have to laugh, because all this time I thought it was because my wife and kids were stealing me blind, and I have been making their lives into a living hell for it! Hahaha! I guess the joke's on me! Full Story |
By: Rick Ackerman, Rick's Picks - 23 October, 2007
Surely a stock market trading near record highs and apparently in love with the housing bust, a looming recession, a collapsing dollar, $100 oil and the prospect of Hillary Clinton as our next president can shrug off lousy third-quarter earnings, right? Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 22 October, 2007
-A short monster protecting itself…debt defaults in Düsseldorf…a McMansion is more house than you need…
-'Full Speed Ahead' on the credit throttle…the lead character had no part to play…the land of shampoo and women's underwear…
-Gold's tall climb to drop like a stone…nowhere near 'Black Monday'…'Why not 5%?'…and more! Full Story |
By: Captain Hook - 22 October, 2007
A week ago if you would have told me past a muted quarter end window dressing related ‘jam job’ the funds were going to push prices to either new or recovery highs in a multitude of markets I would have said ‘not likely’, but that’s exactly what happened. But then that’s what happens in a surreal world where reality has become stranger than fiction. Full Story |
By: Chris Powell - 22 October, 2007
Ever since the Gold Anti-Trust Action Committee was founded in 1999 to expose manipulation of the gold market, we have been called "conspiracy nuts." We don't mind the "nuts" part, but we're actually public record nuts. For the scheme to suppress the price of gold is increasingly a matter of ordinary public record. Full Story |
By: radio.goldseek.com - 22 October, 2007
1st Hour:
Headline news & market forecast.
Spotlight Picks with big dividends.
The International Forecaster and Chris Waltzek answer listener questions.
2nd Hour:
- Peter Schiff
- Robert Ian Full Story |
By: Merv Burak - 22 October, 2007
Although gold closed higher on the week by 2.1% this did nothing for the universe of precious metal stocks. They all closed lower, as did the major Indices. The overall Composite Index also closed lower, by 1.8%. This, however, changed nothing from the stand point of ratings, the Composite is still BULLISH for both the intermediate and long term. Full Story |
By: Douglas V. Gnazzo - 22 October, 2007
The stock market is just one of many asset bubbles brought to you by the Federal Reserve and its gang of merry central bankers from around the world. United they stand – hell bent on inflating their way into history. It will be a legacy that casts a dark shadow far and wide. Full Story |
By: Clive Maund - 21 October, 2007
Gold’s situation now bears a striking resemblance to the period from September through November 2005, which was followed by an almost uninterrupted advance that resulted in near 60% gains. Full Story |
By: Clive Maund - 21 October, 2007
It is important not to be fooled by the fact that silver hasn’t yet broken out to new highs, unlike gold, and to interpret this as a sign of weakness, for the current setup in silver is very bullish, even if it reacts back significantly short-term as now looks likely. Full Story |
By: Clif Droke - 21 October, 2007
Why did the Fed allow money to tighten like it did this year? Why were they seemingly intent on driving the economy to the brink of recession? Full Story |
By: Bob Chapman, The International Forecaster - 21 October, 2007
What a great day for gold! A yen-hit on gold took the Dow down almost 250 points, and gold barely budged! After setting a new 27-year high of 770 late Thursday, only 80 bucks away from the all-time high, gold was trading at just over 769 when the cartel attacked with a classic yen-hit on gold, which we saw coming last night as the yen strengthened. Gold was driven down to about 758, and then the moment we have waiting for came to fruition. Gold just laughed and rocketed back up to its previous high of 767 before settling in at about 764. Full Story |
By: John Mauldin, Millenium Wave Advisors - 21 October, 2007
This week was not pretty for stocks. It all started off with the announcement of a special 80-100 billion dollar fund orchestrated by the US Treasury to bail out something called an SIV. Then Caterpillar gave negative guidance this morning, especially on its US business and the selling began in earnest. October 19 is still not a friendly day to the stock market 20 years later. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 21 October, 2007
A bank loans some underpaid loser too much money to buy too much house, on which the bank will make some minimal profit even if he manages to pay the mortgage, and now the government wants the bank to take a loss to bail him out? Hahaha! Full Story |
By: Rick Ackerman, Rick's Picks - 21 October, 2007
Inches from despair, battered and bruised by a stock market maniacally on the rise, we’d nearly given up hope of enjoying a “fun” expiration day any time soon. Boy, were we ever wrong! The Dow took an exhilarating 370-point plunge on Friday as October puts and calls breathed their last – and for a few glorious hours all seemed right with the world. Full Story |
 |
 |
© GoldSeek.com, Gold Seek LLC
 
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
|
The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com,
is strictly prohibited. In no event shall GoldSeek.com or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.
OilSeek.com
|
|
