With all the wonderful news (not) on the economic front and the Equity Markets cratering, Gold was partying like it was 1979, extending its parabolic move another 6% for the week, while silver moved up 5% on Friday alone, looking …
It was considered a major feat this week that US Equity indexes only finished down about 1.5%. That was accomplished with the help of good news on the employment front as our jobless rate dropped to 9.1%, according to latest …
Don't panic! It's only a small fire.
The story goes that Nero. Emperor of Rome fiddled while Rome burned, ushering in the fall of the Roman Empire. There are many theories of why Rome, the world's super-power fell into decline. …
Back in the day when I was a very young NYU student, I took a few Art History classes and discovered M.C. Escher, famous for his drawings of optical illusions. The drawing above was one of my favorites. Notice how …
With all of the useless things the government has spent our money on, the one that tops the list is the time our treasury officials are spending preparing for a debt default. I have a quick solution that might prevent …
While the debt ceiling issue is ticking away, the guys inhabiting Capitol Hill are playing chicken with our future. This political game of cockfighting should be outlawed just like the real thing. One big difference between us and other countries …
The stock market continued its bull charge this week trampling some of the big hedge funds and anyone crazy enough to be short based on economic fundamentals. Even with an anemic job growth number reported last Friday morning, the market …
The big news this week was the Greeks (for now) agreed to austerity measures in order to get bailout loans, saving the country from default and keeping it in the European Union. Also helping to cap off a rare 5% …
To the surprise of many and under the influence of bad economic reports, 28 countries led the US to agree to release oil from their rainy day (strategic reserves) stash of crude oil to ease the economic suffering around the …
The markets teetered and then stabiized as Germany finally coughed up a few bucks (with a little help from France) to keep Greec part of the EU. Another too big to fail scenario as many European and US banks are …