Monday, February 08, 2010
U.S. Congress More Spending is Always the Answer / Politics / US Politics
By: Dr_Ron_Paul
Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has been little more than a year since the last debt limit increase, and graphs showing the debt limit over time show a steep, almost vertical trend. It is not likely to be very long before this new ceiling is met and the government is back on the brink between default and borrowing us further into oblivion.
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Monday, February 08, 2010
Fear, Gold and the U.S. Dollar / Stock-Markets / Financial Markets 2010
By: Frank_Holmes
The U.S. dollar was up last week against the euro out of fear of how debt problems in Greece and elsewhere in Europe will be resolved, and as a result gold had a tough week.
Monday, February 08, 2010
Stock Market Massive Head and Shoulders Bearish Price Pattern / Stock-Markets / Stocks Bear Market
By: Captain_Hook
Major stock market indices put in outside weekly reversals last week, which is a bearish technical indication the intermediate-term trend may have finally rejoined the primary forces that would see prices far lower were it not for official intervention. And although this intervention is now getting talked about in the press in a more intelligent fashion, even if only on a very limited basis, it should be understood most remain oblivious to what makes the stock market world go round.
Monday, February 08, 2010
Stock Market Searches for Direction on Rudderless Monday / Stock-Markets / Financial Markets 2010
By: PaddyPowerTrader
A choppy whippy day but US stocks rose Friday, with the Dow Jones erasing a 167-point drop in the final hour of trading, on speculation the European Union may propose a solution for Greece’s budget deficit. Oil, gold and copper rebounded, and the dollar pared its gain. The late day rally has been put down to short covering.
Monday, February 08, 2010
Stocks Bear Market and Crash Bomb Damage Assessment for Key Asset Categories / Stock-Markets / Investing 2009
By: Richard_Shaw
This article takes a look at results for important asset categories since several key dates: (1) the approximate October 2007 stock markets high, (2) the approximate March 2009 stock markets low, (3) YTD 2010, and (4) since the January 19, 2010 election breaking the 60% Democrat super-majority in the US Senate.
Monday, February 08, 2010
Electric Cars Materials and Resources Demand / Commodities / Metals & Mining
By: Richard_Shaw
If electric cars are adopted by the market in the US and abroad, there will be a shift in the relative demand growth rate for certain basic materials.
While global population growth and average global standard of living increases will raise overall materials demand across the board, a move toward electric cars, particularly plug-in electric cars, will change the composition of basic materials demand growth.
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Monday, February 08, 2010
The Greatest Money War of All Time / Stock-Markets / Financial Crash
By: Martin_D_Weiss
We are caught in the grips of a great war!
It is not a traditional land or sea war with tanks and battleships.
Nor is it an anti-terrorist, guerilla war for hearts and minds.
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Monday, February 08, 2010
A Stern Reality Check for Gold Naysayers / Commodities / Gold and Silver 2010
By: Jordan_Roy_Byrne
Needless to say, Thursday was nothing short of an orgasmic day for Gold bears and Dollar bulls. The precious metals complex crumbled along with the Euro, while the greenback was higher. In fact, it was such a bad day that Gold officially lost its safe-haven status, according to CNBC. This was also noted by Elliot Wave and The Business Insider. All proclaimed that Gold was no safe haven.
Monday, February 08, 2010
Greece and Portugal Debt Crisis, Euro An Anchor of Stability? / Currencies / Euro
By: Axel_Merk
The world’s attention is on the fiscal malaise in Greece and Portugal. Just a few months ago, policy makers told banks to shore up their balance sheets with more sovereign debt. However, policy makers around the world have since raced to spend money in an attempt to reinvigorate their respective economies, leading to record deficits. Now everyone appears surprised that weaker countries are having difficulty financing their largesse.
Monday, February 08, 2010
Gold Extremely Choppy, Hit by Fund Liquidations / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD reversed an early 0.8% gain in London on Monday, revisiting Friday's finish of $1066 per ounce in what dealers called "lackluster" but "choppy" trade after last week's "widespread liquidation."
European stock markets also gave back an initial rally, while the US Dollar held the Euro near Friday's new 9-month lows.
Monday, February 08, 2010
Stock Market Wild Friday / Stock-Markets / Stock Index Trading
By: Jay_DeVincentis
Wild Friday
Here’s how we see it.
Monday, February 08, 2010
ECB in a Fix, Trichet is as Chill as Ever! / Interest-Rates / ECB Interest Rates
By: Vishal_Damor
Trichet is one of the stalwarts of the economic crisis of 2008. He steered the EU economy through one of the most difficult eras after its creation and yet has maintained one of the cleanest balance sheet (Deficit 6% of GDP: one can almost mistake it for China or India Balance sheet).
Monday, February 08, 2010
Stock Market Close to Finding a Short-term Bottom / Stock-Markets / Stock Markets 2010
By: Angelo_Campione
General Commentary: The system for the SPY is on a Buy signal 50%
The market was able to make some nice gains early on in the week, but then panic set in on Thursday and we saw all the gains wash away with a 3% drop for one session. Friday continued the drop except that we saw a recovery late in the session and this could now set up a nice bounce in the near term.
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Monday, February 08, 2010
Gold Technically Damaged But Fundamentals Remain Sound / Commodities / Gold and Silver 2010
By: GoldCore
Gold closed lower in US trading on Friday at $1,057/oz. It traded sideways in Asian trading prior to jumping from $1,066/oz to $1,073.50/oz in early trade in Europe. Gold is currently trading at $1,070.20/oz and in euro and GBP terms, gold is trading at €783/oz and £688/oz respectively. Gold's 2.7% fall (in US dollars) last week led to further technical damage and may embolden some traders to short the market. Read full article... Read full article...
Monday, February 08, 2010
U.S. Joins Global Debt Bomb Club / Stock-Markets / Financial Markets 2010
By: Money_Morning
Jon D. Markman writes: The most important fundamental development of the week was not any of a slew of economic reports at all but the new federal budget proposal released by the White House. And it was a doozy: The Obama Administration proposed to spend $3.8 trillion, with $1.6 trillion on the equivalent of the national credit card.