Real Rates Are Rising - June 3, 2008 10:40

Apparently, rates for first time buyers are rising, hitting 7% on some products. I have news for everyone, get used to it. Real rates as charged by lenders will continue to remain well above the official Bank of England base rate for some time.

Dollar surges as oil dips - May 30, 2008 10:27

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 […]

Laws against Buying Oil – Gold & Silver? - May 29, 2008 9:31

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.

Housing, oil, and retail gas data clearly confusing - May 28, 2008 16:21

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.

The Weekly Report - May 27, 2008 23:15

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.

Macro-Economic Indicators - May 27, 2008 23:13

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.

Homes sink, oil and gas boil over - May 23, 2008 9:32

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 […]

Far Out Financial Chemistry Kit - May 21, 2008 20:23

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.”

Gas nears $4, $5 speculation heats up - May 21, 2008 14:55

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.