Dollar surges as oil dips

May 30, 2008 | Leave a Comment

Thursday (May 29) was a generally positive one on Wall Street and from a US economic perspective. Crude oil futures dipped to $126.62, the lowest level in a few weeks. Despite the drop, retail gas ticked to another new record high of $3.95 per gallon. Still, the fact that oil is nearly $10 off its record high is positive for the moment. Read more

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Laws against Buying Oil – Gold & Silver?

May 29, 2008 | Leave a Comment

The chairman of a Senate oversight committee, Joseph Lieberman, has said he is considering legislation to place limits on large institutional investors in commodities markets, which have posted record prices this year in agricultural products and oil. Read more

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Housing, oil, and retail gas data clearly confusing

May 28, 2008 | Leave a Comment

Several new economic data reports dominated US financial markets Tuesday (May 27). Stock investors seemed to focus mainly on the hopeful reports as all the main stock indices were up firmly on the day. News on the housing markets, consumer confidence, and price changes in oil and retail gas made for a busy Tuesday. Read more

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The Weekly Report

May 27, 2008 | Leave a Comment

bubble, easy money, inflation in fiat money supply, inflation in commodities and hard assets, inflation, fear of inflation, rising rates, YC inverting, flattening, rising and inverting again, tightening, withdrawal of liquidity, corrections, crashes, talk of stagflation, FEAR, withdrawal of speculative funds, further corrections and crashes, demand collapse…..Deflation. Read more

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Macro-Economic Indicators

May 27, 2008 | Leave a Comment

With the amount of news, views, blogs, opinions and general chit-chat that abounds in the markets it can become somewhat difficult to form a view on where the macro-economy is headed. For each bull there is a bear and the extremes of both can be bewildering for readers. Read more

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Homes sink, oil and gas boil over

May 23, 2008 | Leave a Comment

As oil and gas prices are spiking to new records on an almost daily basis, home prices continuing to fall at historic rates. Premium unleaded gas prices have cleared the $4 mark nationally, while the retail gas price for regular unleaded is nearing that mark. The gas rates are certainly first in the day-to-day mindset of most Americans. However, continued reports show the housing market situation is not improving, which is concerning to many homeowners as well. Read more

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Far Out Financial Chemistry Kit

May 21, 2008 | Leave a Comment

WHEN ALBERT HOFMANN – the Swiss chemist who discovered LSD – passed away at the start of this month, newspaper editors the world over reported it as the death of the man “who experienced the first ever bad trip.” Read more

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Gas nears $4, $5 speculation heats up

May 21, 2008 | Leave a Comment

Oil futures spiked to another new record over $129 per barrel Tuesday (May 20) dragging retail gas prices along for the ride. Prices at the pump topped $3.80 per gallon, according to the Energy Information Administration. Read more

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