CME Lowers Gold Margin By 9%
Adding to the confusion, for some, that is today's trading session, here comes the CME which in a post-closing announcement, proceeds to hike outright margins on a variety of petroleum and freight...
View ArticleObama To Assign Fault; Propose Plan D, Different From Last Friday's Plan C -...
We would expect the ingredients of the speech to be a pinch of self-denigration mixed with 6 fluid ounces of 'millionaires-and-billionaires', and a quart of "it's the other guys' fault." This coming...
View Article16 Things About 2013 That Are Really Going To Stink
Originally posted at The Coming Depression blog,The beginning of the year has traditionally been a time of optimism when we all look forward to the exciting things that are going to happen over the...
View ArticleThis Is What America Really Thinks
Presented with no comment. Via the helpful people at Google Auto-Suggest: (h/t @Not_Jim_Cramer)
View Article2012 - 'Year Of Living Dangerously' In Review
Submitted by Jim Quinn of The Burning Platform blog,On January 8 of this year I posted my annual prediction article for this year – 2012 – The Year of Living Dangerously. Now it’s time to assess my...
View ArticleBlowing Up Now: The Transfer Of French Nuclear Technology To China
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterTechnology transfers, whether on a contractual basis or through theft, have long bedeviled companies that want to benefit from...
View ArticleThe Ultimate Buy (Votes) Now, Pay Later (with OPM) Presidency
The Ultimate Buy (Votes) Now, Pay Later (with OPM) PresidencyCourtesy of Paul PriceAmerica has never before had a leader who was more willing to spend other people’s money (OPM) to fund his own agenda....
View ArticleMargin Debt Soars To 2008 Levels As Everyone Is "All In", Levered, And...
There were some readers who took offense at our "bloodbath" recap of yesterday's market action (modestly different from that provided by MarketWatch). And, all else equal, a modest 28 step drop in the...
View ArticleRon Paul On The Fiscal Cliff: "We Have Passed The Point Of No Return"
In a little under three minutes, Ron Paul explains to a somewhat nonplussed CNBC anchor just how ridiculous the charade that is occurring in D.C. actually is. This succinct spin-free clip should be...
View ArticleObama Grants Pay Increase For Members Of Congress, Federal Workers In...
When it comes to US austerity, a very sensitive topic as framed best by the "spending cuts" portion in the Fiscal Cliff debate, the ideas range from the surreal to the outright idiotic: as an example...
View ArticleGovernment Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States
Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. StatesCourtesy of Michael of Economic Collapse America is rapidly becoming a nation of takers. An increasing number of...
View ArticleOil & Gasoline Markets End 2012 with Swollen Inventory Levels
By EconMattersEIA Inventory DataIn analyzing the last EIA report of the year it is noteworthy that gasoline stocks really rose the last 5 weeks of the year. The takeaway isn`t so much that gasoline...
View ArticleIs another California housing bubble possible?
California home prices experienced a big surge in 2012. This might fly in the face of stagnant household incomes but the incredible push for lower interest rates and reliance on low down payment FHA...
View ArticleGuest Post: Monetary Malpractice: Moral Malady
Submitted by Gordon T. Long of GordonTLong.com,We have a Crisis of Trust in America and it has become so pervasive that it is paralyzing America's natural inclination towards risk taking and...
View Article48 Hours Away From The Cliff: "No [Major] Progress"
Surprise! As we all wait on tenterhooks for tomorrow's messianic 'Meet the Press' appearance, The Hill reports that a Senate aid with knowledge of the talks said late Saturday afternoon there is "no...
View ArticleStephen Roach On Why Abe's Aggression Won't Save Japan
Authored by Stephen Roach, originally posted at Project Syndicate,The politicization of central banking continues unabated. The resurrection of Shinzo Abe and Japan’s Liberal Democratic Party – pillars...
View ArticleThe New Era of Oil Renaissance
By EconMattersWhere Nuclear Failed, Oil SucceededIn a continuation of our series on the state of the oil industry we look at some of the other ramifications of what we are labeling the Oil Renaissance...
View ArticleThe Fiscal Policy Q&A, Timeline, And Market Scenarios
Talks on the fiscal cliff have resumed, but as of this writing there is not yet an agreement. The current negotiations focus on the income threshold under which tax cuts should be extended, among other...
View ArticleThe Year That Was 2012
This article originally appeared on the Daily Capitalist.As readers of the Daily Capitalist and Zero Hedge know I, as a purveyor of unconventional economic wisdom, have a different take on … well,...
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