Blog posts tagged with 'china'

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Friday, June 20, 2014
Oil Supply Expected to Grow Faster Than Demand

Paul’ Economic Outlook:

The U.S. economy is improving and old economic allies are returning to do business.

 

China Miners’ Loss Is BHP’s Gain as Iron Prices Slump 44%

http://www.bloomberg.com/news/2014-06-19/china-miners-loss-is-bhp-s-gain-as-iron-prices-slump-44-.html

China’s unparalleled borrowing to dominate specific industries is coming to an end.

 

Oil Supply Expected to Grow Faster Than Demand

http://www.marketwatch.com/story/oil-supply-expected-to-grow-faster-than-demand-2014-06-20

U.S. energy supplies increasing faster than anyone projected. U.S. moving from a trade deficit to a trade surplus.

 

Ford: The Worm Has Definitively Turned

http://seekingalpha.com/article/2276153-ford-the-worm-has-definitively-turned

U.S. industries about ready to explode led by the energy industry.

 

Tags :  RCW Financialenergy sectoroilFedChina
Comments (0)
Tuesday, May 6, 2014
Interest rates up later this year, dollar up, gold down.

 

Paul’s Economic Outlook:

Interest rates up later this year, dollar up, gold down.

 

An incredible explanation for why interest rates are low

http://finance.yahoo.com/blogs/talking-numbers/an-incredible-explanation-for-why-interest-rates-are-low-161014788.html

Interest rates up, dollar up, gold down.

 

Interest Rates Expected to Spike on Student Loans

http://finance.yahoo.com/news/interest-rates-expected-spike-student-205516686.html

Interest rates up, dollar up, gold down.

 

China manufacturing weakens further in April: HSBC

http://news.yahoo.com/china-manufacturing-weakens-further-april-hsbc-042711509.html

Business is leaving China and coming back to the U.S.

Tags :  InterestexpectedspikeChina
Comments (0)
Thursday, April 24, 2014
Which countries are in trouble.

Paul’s Economic Outlook:

If you are wondering about which countries are in trouble. Take a look at default swaps.

 

http://www.futuresmag.com/2014/04/23/top-15-sovereign-and-corporate-credit-default-swap

Look who’s most risky and least.

 

ITALY

SOV

 19,268,697,753

-0.16%

4.81%

-7.40%

 366,789,805,082

 13,148

BRAZIL

SOV

 17,264,365,463

0.70%

-1.84%

-2.12%

 129,258,765,670

 9,360

CHINA

SOV

 12,095,542,594

0.62%

5.72%

71.76%

 77,188,337,343

 7,862

MEXICO

SOV

 11,843,419,970

-0.28%

1.26%

38.89%

 100,291,858,862

 7,286

GERMANY

SOV

 11,380,774,517

-0.38%

0.02%

-19.02%

 119,846,319,896

 3,624

SPAIN

SOV

 10,298,819,153

1.19%

4.11%

-9.52%

 166,921,722,134

 7,603

FRENCH REPUBLIC

SOV

 9,833,989,073

1.34%

-4.40%

-32.74%

 141,252,638,806

 5,695

JAPAN

SOV

 9,358,078,467

0.53%

-1.42%

-2.21%

 63,623,303,748

 4,599

TURKEY

SOV

 9,115,913,460

-0.34%

5.79%

16.63%

 123,658,861,540

 9,059

RUSSIAN FEDERATION

SOV

 8,740,753,101

5.09%

18.60%

66.02%

 121,410,409,901

 10,943

KOREA

SOV

 7,034,318,103

-0.14%

1.67%

16.56%

 68,196,753,832

 5,310

UNITED KINGDOM

SOV

 5,319,559,319

-0.02%

0.05%

-27.07%

 59,276,692,086

 3,135

SOUTH AFRICA

SOV

 4,745,808,141

0.57%

3.78%

47.99%

 51,943,992,129

 5,374

AUSTRALIA

SOV

 4,065,580,199

0.59%

1.88%

14.93%

 24,199,480,459

 1,447

UNITED STATES 

SOV

 4,055,597,877

1.21%

1.35%

23.63%

 21,230,045,778

 868

Tags :  SwapRiskyChinaLeast
Comments (0)
Friday, April 4, 2014
The markets are always looking for something that might keep the Fed doing QE.

Paul’s Economic Outlook:

The markets are always looking for something that might keep the Fed doing QE. This is temporary and the Fed is winding down QE.

 

A.M. Kitco Metals Roundup: Gold Extends Early Gains After U.S. Jobs Data Slightly Below Expectations

http://www.kitco.com/news/2014-04-04/Gold-Extends-Early-Gains-After-US-Jobs-Data-Slightly-Below.html

The markets are always looking for something that might keep the Fed doing QE. This is temporary and the Fed is winding down QE.

 

China Slowdown Adds to Emerging-Market Growth Hurdles, IMF Says

http://www.bloomberg.com/news/2014-04-03/china-slowdown-adds-to-emerging-market-growth-hurdles-imf-says.html?cmpid=yhoo

China is slowing down because everyone is moving back to doing business with the U.S.

 

Russian Inflation Rate Climbs to Nine-Month High on Weaker Ruble

http://www.bloomberg.com/news/2014-04-04/russian-inflation-rate-climbs-to-nine-month-high-on-weaker-ruble.html?cmpid=yhoo

Russia is slowing down because everyone is moving back to doing business with the U.S.

Tags :  GainsQEGrowthChinaInflation
Comments (0)
Thursday, March 27, 2014
Old economic allies are leaving China and returning to do business with the U.S.

Paul’s Economic Outlook:

The U.S. economy is picking up. Old economic allies are leaving China and returning to do business with the U.S. This is just the start.

 

China loses trade dispute over rare earth exports

http://finance.yahoo.com/news/china-loses-trade-dispute-over-rare-earth-exports-131336789--sector.html

As the U.S. economy picks up, Chinese influence wanes.

 

Where Is China’s Debt Bomb Hiding?

http://www.businessweek.com/articles/2014-03-26/where-is-chinas-debt-bomb-hiding?campaign_id=yhoo

House of cards about to collapse.

 

Chinese Stocks Fall After Industrial Profit Growth Slows

http://www.bloomberg.com/news/2014-03-27/chinese-stocks-fall-after-industrial-profit-growth-slows.html?cmpid=yhoo

It will get a lot worse as business moves away from China to the U.S.

Tags :  TradeChinaBombCollapse
Comments (0)
Thursday, March 27, 2014
Old economic allies are leaving China and returning to do business with the U.S.

Paul’s Economic Outlook:

The U.S. economy is picking up. Old economic allies are leaving China and returning to do business with the U.S. This is just the start.

 

China loses trade dispute over rare earth exports

http://finance.yahoo.com/news/china-loses-trade-dispute-over-rare-earth-exports-131336789--sector.html

As the U.S. economy picks up, Chinese influence wanes.

 

Where Is China’s Debt Bomb Hiding?

http://www.businessweek.com/articles/2014-03-26/where-is-chinas-debt-bomb-hiding?campaign_id=yhoo

House of cards about to collapse.

 

Chinese Stocks Fall After Industrial Profit Growth Slows

http://www.bloomberg.com/news/2014-03-27/chinese-stocks-fall-after-industrial-profit-growth-slows.html?cmpid=yhoo

It will get a lot worse as business moves away from China to the U.S.

Tags :  TradeChinaBombCollapse
Comments (0)
Friday, March 21, 2014
It will be a roller coaster ride but dollar is going up and gold is going down.

Paul’s Economic Outlook:

It will be a roller coaster ride but dollar is going up and gold is going down.

 

Did Yellen just ruin the gold trade?

http://finance.yahoo.com/blogs/talking-numbers/did-yellen-just-ruin-the-gold-trade-191023518.html

The moment the Fed raises the short term interest rates in 2015 gold will tank. Could go as low as $800 and stay there for a long time. Dollar up, gold down.

 

China stocks enter bear market, here’s what it means for you

http://finance.yahoo.com/blogs/breakout/why-china-s-bear-market-could-hurt-alibaba-s-ipo-164220458.html

Chinese stocks down 20% since December. Chinese stocks down, dollar up, gold down.

 

Racing to Save This Startling Casualty of the Oil Boom

http://www.fool.com/investing/general/2014/03/20/racing-to-save-this-startling-casualty-of-the-oil.aspx

Bad title. Better title would be “The Oil Industry rushing to capture flared natural gas”. Oil Supplies up, Dollar up, gold down.

Tags :  Yellen2015Chinastock downdollar up
Comments (0)
Tuesday, March 18, 2014
China is a house of cards. Dollar up. Gold Down.

Paul’s Economic Outlook:

China is a house of cards. Dollar up. Gold Down.

 

'A controlled explosion' is happening in China, says FT’s Pilling

http://finance.yahoo.com/blogs/daily-ticker/chinese-currency-plunges-on-policy-change--a--controlled-explosion--going-on-in-the-country--says-ft-asia-editor-151930630.html

Dollar up. Gold down.

 

Economist Warns That China's 'Bear Stearns Moment' May Strike Any Time

http://finance.yahoo.com/news/economist-warns-chinas-bear-stearns-213128210.html

Dollar up. Gold Down.

 

China Developer With $567 Million Debt Said to Collapse

http://www.bloomberg.com/news/2014-03-17/chinese-developer-with-3-5-billion-yuan-in-debt-said-to-collapse.html?cmpid=yhoo

Dollar up. Gold Down.

Comments (0)
Wednesday, March 12, 2014
The harsh winter in the U.S. is over

Paul’s Economic

The harsh winter in the U.S. is over. Watch as U.S. economic numbers climb as the world economic numbers fall.

 

Hundreds of banks set for stress tests as Eurozone lays out terms

http://www.kitco.com/news//2014-03-12/Hundreds-of-banks-set-for-stress-tests-as-Eurozone-lays-out-terms.html

Europe is trying to establish a Federal Reserve Model. European banks are not up to U.S. standards or capital reserves.

 

Iron-ore prices decline may slow as China banks take control

http://blogs.marketwatch.com/thetell/2014/03/11/iron-ore-prices-decline-may-slow-as-banks-take-control/

China’s economy is a house of cards about to collapse.

 

Russia Stocks Decline on Ukraines as Commodity Shares Drop

http://www.bloomberg.com/news/2014-03-11/russia-stocks-decline-on-ukraine-woes-as-commodity-shares-drop.html?cmpid=yhoo

Russia’s economy is running out of money.

Tags :  harsh wintersU.S. economicEuropeChinaRussiamoney
Comments (0)
Tuesday, February 18, 2014
Gold’s wild ride has shaken investors. But in China, buyers just keep stepping up to the plate.

Paul’s Economic Outlook:

Somewhere between now and March 19 the winter freeze should be over, the next Fed meeting will take place, China's export data will be adjusted down and Europe's data should be adjusted down.

 

BNP Paribas: CPI, FOMC Minutes Could Stabilize Dollar

http://www.kitco.com/news/2014-02-18/KitcoNewsMarketNuggets-February-18.html

Gold’s wild ride has shaken investors. But in China, buyers just keep stepping up to the plate.

http://www.marketwatch.com/story/china-overtakes-india-as-worlds-biggest-gold-buyer-2014-02-18?siteid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20marketwatch%2Fpf%20(MarketWatch.com%20-%20Personal%20Finance%20News)

People buy gold because they are afraid of declining economic times. China is a house of cards that is about to collapse.

 

UPDATE 1-Russian central bank trims medium-term outlook, warns on rouble

http://uk.reuters.com/article/2014/02/18/russia-cbank-forecasts-idUKL6N0LN2L120140218?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews

Russia, China, India, Turkey and Europe are slowing down. The U.S. and our returning economic allies are increasing.

Tags :  goldChinaUSRussian central banksEuropekitcoUS dollarFed meetingRCW Financial
Comments (0)
Monday, February 17, 2014
Power, steel, cement suggest China's economy not so buoyant

Paul’s Economic Outlook:

There was a temporary hit to U.S. economy and dollar. Do not get sucked into gold. By end of March, we will see better signs for U.S. economy and dollar.

 

Oil price above $100 on US heating fuel demand

http://finance.yahoo.com/news/oil-price-above-100-us-140146343.html

This is temporary. Oil will start heading down in late March.

 

Foreign banks bracing for tough U.S. Fed capital rules

http://finance.yahoo.com/news/foreign-banks-bracing-tough-u-130639891.html

Half Spin Article: The Federal Reserve is leveling the playing field and forcing foreign banks to follow the same rules as U.S. banks.

 

Power, steel, cement suggest China's economy not so buoyant

http://finance.yahoo.com/news/power-steel-cement-suggest-chinas-210121419.html

China is a house of cards.

 

Dollar, Follow-Through, Chinese Buying Push Gold To Highest Level Since Oct.

http://www.kitco.com/news/2014-02-17/Dollar-Follow-Through-Chinese-Buying-Push-Gold-To-Highest-Level-Since-Oct.html

This is temporary. The Chinese are buying gold instead of dollars to try and keep the dollar from getting stronger.

 

Tags :  goldChinaeconomyoil pricesRCW Financialforeign banksFedU.S. banks
Comments (0)
Thursday, February 13, 2014
Strong China trade growth can’t mask ‘trifecta’ of problems: Saut

Paul’s Economic Outlook:
There is a lot of bad data coming out early this year. However, the truth will come out by summer. Dollar up, oil and commodities will be down.

Strong China trade growth can’t mask ‘trifecta’ of problems: Saut
http://finance.yahoo.com/video/breakout-strong-china-trade-growth-161212485.html
China's economy is slowing. China has been cooking the books.

This Could Send Oil Prices Soaring
http://finance.yahoo.com/video/could-send-oil-prices-soaring-180000229.html
Spin Article: This year there has been an extremely harsh winter and false data from China is pushing oil prices.

Android extends gains on Apple, Windows Phone is third
http://news.yahoo.com/android-extends-gains-apple-windows-phone-third-162025964.html
China losing its monopoly on iPhone to Android.

Tags :  winteroilpricessummerdollarcommoditiesChinaIphoneAndroid
Comments (0)
Monday, February 3, 2014
US is 'big dog' of global markets: Expert

Paul’s Economic Outlook:

The world is shifting back to doing business with the U.S.

 

US is 'big dog' of global markets: Expert

http://finance.yahoo.com/video/us-39-big-dog-39-130600967.html

King dollar rules.

 

Manufacturing PMI rises to highest since March 2013

http://finance.yahoo.com/news/manufacturing-pmi-rises-highest-since-052752615.html

U.S. Manufacturing up.

 

Can China's weak PMI be blamed on Chinese New Year?

http://finance.yahoo.com/news/chinas-weak-pmi-blamed-chinese-035014831.html

China Manufacturing down.

Tags :  dollarUSmarketsmanufacturingPMIChina
Comments (0)
Monday, January 27, 2014
The Nuclear Option: Inside The SEC's Clash With China Auditors

Paul’s Economic Outlook:

 

 

The Nuclear Option: Inside The SEC's Clash With China Auditors

http://www.forbes.com/sites/junhli/2014/01/26/the-nuclear-option-inside-the-secs-clash-with-china-auditors/?partner=yahootix

Major Spin Article. China’s companies can do any auditing they want and the U.S. should do nothing for our investors except warn them. Are you kidding.

 

The “Emerging” Story

http://www.kitco.com/ind/Hug/2014-01-27-The-Emerging-Story.html

Major Spin Article. The rest of the world is in trouble. The U.S. is just not going to help them anymore.

 

China's banking crisis overblown: Ross

http://finance.yahoo.com/video/china-39-banking-crisis-overblown-131700863.html

Major Spin Article. China’s government completely controls there banking since so you should not be worried. Are you kidding.

Tags :  nuclearChinaU.S.bankingcrisisgovernment
Comments (0)
Friday, January 24, 2014
Emerging markets selloff picks up, hitting Europe, U.S.

Paul’s Economic Outlook:

U.S. economy picking up. China, Soviet Union, Japan, India and Turkey’s economies slowing down. Everyone else is shifting back to doing business with the U.S.

 

Analyst Says China's Credit Bubble Is Unlike Anything In Modern History

http://www.businessinsider.com/fitch-chinas-credit-bubble-is-a-record-2013-6

China is a house of cards about ready to topple.

 

Emerging markets selloff picks up, hitting Europe, U.S.

http://www.reuters.com/article/2014/01/24/us-markets-global-idUSBRE96S00E20140124?feedType=RSS&feedName=topNews

Half Spin. While it will cause havoc in countries that are not moving toward closer economic ties with the U.S. , it will be good for the U.S. and its economic allies. There will be volatility in U.S. markets and money shifts from bond and commodities to companies that produce something.

                                                                   

A.M. Kitco Metals Roundup: Gold Rallies To 2-Month High As Some Safe-Haven Demand Surfaces

http://www.kitco.com/news/2014-01-24/Gold-Rallies-to-2-Month-High-as-Some-Safe-Haven-Demand-Surfaces.html

Temporary. Foreign countries are buying gold for now to keep the U.S. dollar from strengthening even more. When the Federal Reserve raises short term rates then the dollar will eclipse gold even for Foreign countries.

 

Tags :  ChinacreditSoviet UnionJapanIndiaTurkeyeconomiesA.M. Kitcogold
Comments (0)
Thursday, January 23, 2014
US judge suspends Chinese partners of auditors

Paul’s Economic Outlook:

The world is shifting away from China and back to the U.S.

 

Nervousness Creates Short Covering

http://www.kitco.com/ind/Hug/2014-01-23-Nervousness-Creates-Short-Covering.html

Temporary. Federal Reserve meeting is January 28-29.

 

US judge suspends Chinese partners of auditors

http://finance.yahoo.com/news/us-judge-suspends-chinese-partners-040052684.html

Finally someone standing up to Chinese manipulation.

 

Japan tells world to stand up to China or face consequences

http://news.yahoo.com/japan-appeals-world-restrain-39-military-expansion-39-173227774.html

Finally someone standing up to Chinese manipulation.

Tags :  ChinaFederal ReservemanipulationJapanUSauditorsjudge
Comments (0)
Thursday, January 23, 2014
US judge suspends Chinese partners of auditors

Paul’s Economic Outlook:

The world is shifting away from China and back to the U.S.

 

Nervousness Creates Short Covering

http://www.kitco.com/ind/Hug/2014-01-23-Nervousness-Creates-Short-Covering.html

Temporary. Federal Reserve meeting is January 28-29.

 

US judge suspends Chinese partners of auditors

http://finance.yahoo.com/news/us-judge-suspends-chinese-partners-040052684.html

Finally someone standing up to Chinese manipulation.

 

Japan tells world to stand up to China or face consequences

http://news.yahoo.com/japan-appeals-world-restrain-39-military-expansion-39-173227774.html

Finally someone standing up to Chinese manipulation.

Tags :  ChinaFederal ReservemanipulationJapanUSauditorsjudge
Comments (0)
Thursday, January 16, 2014
China Auto: The Good Days May Be Over, Says JP Morgan

Paul’s Economic Outlook:

As energy supplies increase in the U.S. we will keep seeing an economic boom.

 

GM and Ford Suffer More Sales Declines in Europe

http://finance.yahoo.com/news/gm-ford-suffer-more-sales-104350170.html

Europe printed enough money to prop up their economy in 2013. We are now entering 2014.

 

China Auto: The Good Days May Be Over, Says JP Morgan

http://blogs.barrons.com/emergingmarketsdaily/2014/01/14/china-auto-the-good-days-may-be-over-says-jp-morgan/?mod=yahoobarrons&ru=yahoo

China exports 30% of its GDP with half of that going to Europe. As Europe slows so does China.

 

Ford Wins Auto Loyalty Award, Strong Showing for Toyota and Mercedes

http://247wallst.com/autos/2014/01/15/ford-wins-auto-loyalty-award-strong-showing-for-toyota-and-mercedes/

U.S. Private Sector (70% of U.S. GDP) is recovering.

Tags :  energyGMFordChinaGDPEuropeeconomyToyotaMercedes
Comments (0)
Monday, January 13, 2014
Coal Makes a 2014 Comeback

Paul’s Economic Outlook:

There is a lot of misinformation today. Double check sources. Watch the end of the month when the Federal Reserve meets again.

 

Here's What You Need to Know with China's Government Tinkering Again

http://www.fool.com/investing/general/2014/01/10/heres-what-you-need-to-know-with-chinas-government.aspx

Spin article. This article makes it sound like China is slowing its economy down to help the world. The U.S. economy is recovering and taking business back from China, like Moli Corp.

 

A.M. Kitco Metals Roundup: Gold Steady-Weak, But Hits 4-Week High Overnight, As Bulls Gain Momentum

http://www.kitco.com/news/2014-01-13/Gold-Steady-Weak-But-Hits-4-Week-High-Overnight-As-Bulls-Gain-Momentum.html

Spin Article. The Jobs report was not normal meaning it will probably be revised up. The Fed will probably taper again at the end of January. Then gold is down again.

 

Coal Makes a 2014 Comeback

http://www.fool.com/investing/general/2014/01/12/coal-makes-a-2014-comeback.aspx

Half truth. Oil will do well now. It will also do well later. While energy production in the U. S. by coal will drop, we will also be exporting more coal to India and China.

Tags :  coaloilJanuaryA.M. KitcoIndiaChinaU.S.
Comments (0)
Tuesday, December 10, 2013
CHINA: Our Smog Is A Major Defensive Advantage On The Battlefield

Paul’s Economic Outlook:

Again, not much real news leading up to Federal Reserve meeting on December 18th. A lot of spin to move markets temporarily. Do not get caught in the wrong investments.

 

A.M. Kitco Metals Roundup: Gold Solidly Up On Short Covering, Bargain Hunting; Bears Appear Exhausted

http://www.kitco.com/news/2013-12-10/A-M-Kitco-Metals-Roundup-Gold-Solidly-Up-On-Short-Covering-Bargain-Hunting-Bears-Appear-Exhausted.html

Spin title, good article. There is a lot of upcoming important data to be released in the next week. Gold up temporarily. Good time to get out of gold before 2014 down slide.

 

Fed Stimulus Blunted as Software Replaces Hardware

http://www.bloomberg.com/news/2013-12-09/fed-stimulus-blunted-as-software-replaces-hard-assets-economy.html?cmpid=yhoo

Spin article. Fed stimulus gave easy money to the government, public unions and the markets at the expense of leaving nothing left over for individuals and private businesses. This needs to end.

 

CHINA: Our Smog Is A Major Defensive Advantage On The Battlefield

http://finance.yahoo.com/news/china-smog-major-defensive-advantage-161700570.html

Spin article. 104 cities can’t see more than 30 feet in front of their face and it will just get worse. They have an aging populace (one child per two parents), inflation, real estate bubble, etc. This is a house of cards waiting to collapse.

Tags :  KitcogoldBearsFedstimulussoftwarehardwareChinasmogdefensivebattlefield
Comments (0)
Monday, December 9, 2013
Why U.S. Energy Independence May Not Last Long

Paul’s Economic Outlook:

Multiple spin articles today. Definite push by media and their backers to slam the U.S. dollar and economy.

 

Export Surge Sets Up Big Surplus for China

http://www.nytimes.com/2013/12/09/business/international/china-on-track-for-big-trade-surplus-after-exports-surge.html?partner=yahoofinance&_r=0

Spin article. If you read the article they state the Chinese are overstating the data. That means false data.

 

Why Russia Is Exploring Alternate Trade Routes With China

http://www.fool.com/investing/general/2013/12/08/will-mongolia-provide-cross-left-the-overland-rout.aspx

Spin article. It says they are exploring. They have done nothing yet. You think a pipeline in Alaska is difficult. Try Siberia and Mongolia.

 

Why U.S. Energy Independence May Not Last Long

http://www.fool.com/investing/general/2013/12/07/why-us-energy-independence-may-not-last-long.aspx

Spin article. They say in the first paragraph that they do not know how much oil is in the U.S. and they only talk about existing not new areas that they are opening up.

Tags :  dollareconomyChinaexporttradeRussiaAlaska
Comments (0)
Tuesday, December 3, 2013
Oil rises on manufacturing numbers from US, China

Paul’s Economic Outlook:

It is all about energy in the U.S. Cheap energy (oil, gas, coal, nuclear and hydro) will help manufacturing, agriculture and transportation in the U.S.

 

BP Moves Back Into Gulf of Mexico With Full Force

http://www.fool.com/investing/general/2013/12/01/bp-moves-back-into-the-gulf-of-mexico-with-full-fo.aspx

Supply up, price down.

 

Saudi Arabia hints OPEC oil output limit won't change

http://news.yahoo.com/saudi-arabia-hints-opec-oil-output-limit-wont-202445811.html

Supply up, price down. They can’t cut. They need the mondy.

 

Oil rises on manufacturing numbers from US, China

http://finance.yahoo.com/news/oil-rises-manufacturing-numbers-us-205420330.html

Small rise. Temporary. U.S. supplies will over time drive prices down.

Tags :  suppliespricesdownoilChinaSaudi ArabiaMexico
Comments (0)
Tuesday, November 19, 2013
With Banks Slow to Lend, Small Businesses Seek Alternative Funding

Paul’s Economic Outlook:

The U.S. is the number one producer of oil, natural gas and coal in the world. Within 10 years the U.S. will go from a trade deficit to a trade surplus because of energy.

 

1 Harmful Industry that Could Change its Image

http://www.fool.com/investing/general/2013/11/18/maybe-gas-wont-kill-coal-after-all.aspx

U.S. energy generation by coal dropping but U.S. coal mining is increasing to export to China and India.

 

With Banks Slow to Lend, Small Businesses Seek Alternative Funding

http://smallbusiness.yahoo.com/advisor/banks-slow-lend-small-businesses-seek-alternative-funding-153041224.html

While U.S. banks have raised rates and eased standards ahead of the Federal Reserve, it is still not enough. The Fed needs to end QE and Operations twist and raise rates in 2014.

Tags :  oilnatural gasdeficitcoalChinaIndiabanksFedsmall businesses
Comments (0)
Friday, October 11, 2013
Could the U.S. Actually Become the World's Leading Energy Producer?

Paul’s Economic Outlook:

The energy industry will lead an economic recovery in the U.S. and deal with the U.S. long term debt issue.

 

Oil near $102 as US nears short-term budget fix

http://news.yahoo.com/oil-near-102-us-nears-short-term-budget-083658390--finance.html

Oil down, dollar up, gold down.

 

China to ramp up overseas M&A as overtakes U.S. as top crude importer

http://finance.yahoo.com/news/china-ramp-overseas-m-overtakes-111429453.html

Slanted article. The U.S. is importing less because it is producing more do to Fracturing and Side Ways drilling. China’s people are demanding to increase energy use faster than GDP growth.

 

Could the U.S. Actually Become the World's Leading Energy Producer?

http://www.fool.com/investing/general/2013/10/09/could-the-us-actually-become-the-worlds-leading-en.aspx

Slanted article. The energy industry is just ramping up and the Federal Government is slowing things down. Expect the U.S. to become the leading producer earlier than 2020 and even faster if we get a pro energy president in office.

Tags :  oilgoldchinaoverseasenergygovernmenteconomic recoverydebt
Comments (0)
Wednesday, September 11, 2013
Analysis: Emerging-market investors get picky with Fed set to taper

Paul’s Economic Outlook:

All of the money that Europe printed in January will run out at the end of September. The 6 broke countries (Spain, Italy, Portugal, Ireland, Greece and Cyprus) are still broke. China exports 25% of its GDP to Europe.

Suggested Reading 

Analysis: Emerging-market investors get picky with Fed set to taper

http://news.yahoo.com/analysis-emerging-market-investors-picky-fed-set-taper-050653611--sector.html

Dollar up, foreign currencies and commodities down.

 

Euro zone's slender recovery is here to stay, say economists - Reuters poll

http://finance.yahoo.com/news/euro-zones-slender-recovery-stay-151034177.html

Spin. Temporary recovery. Europe has not fixed the problems with the 6 broke countries.

 

China Premier Li says economy stable, to push ahead with reform

http://ca.finance.yahoo.com/news/china-premier-li-says-economy-stable-push-ahead-094619615--business.html

Spin. Temporary recovery. China's economy is tied to Europe. When Europe tanks, so does China.

Tags :  EuropeChinaEurozoneFedtaperingUS dollarChina exports
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Wednesday, September 11, 2013
Analysis: Emerging-market investors get picky with Fed set to taper

Paul’s Economic Outlook:

All of the money that Europe printed in January will run out at the end of September. The 6 broke countries (Spain, Italy, Portugal, Ireland, Greece and Cyprus) are still broke. China exports 25% of its GDP to Europe.

Suggested Reading 

Analysis: Emerging-market investors get picky with Fed set to taper

http://news.yahoo.com/analysis-emerging-market-investors-picky-fed-set-taper-050653611--sector.html

Dollar up, foreign currencies and commodities down.

 

Euro zone's slender recovery is here to stay, say economists - Reuters poll

http://finance.yahoo.com/news/euro-zones-slender-recovery-stay-151034177.html

Spin. Temporary recovery. Europe has not fixed the problems with the 6 broke countries.

 

China Premier Li says economy stable, to push ahead with reform

http://ca.finance.yahoo.com/news/china-premier-li-says-economy-stable-push-ahead-094619615--business.html

Spin. Temporary recovery. China's economy is tied to Europe. When Europe tanks, so does China.

Tags :  EuropeChinaEurozoneFedtaperingUS dollarChina exports
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Wednesday, August 28, 2013
The Perfect Storm in August & September

Paul’s Economic Outlook:

There is a perfect storm of events in August and September to push commodities, bonds and foreign economies up. This perfect storm is caused by Syria politics, the next Fed meeting on Sept 17, the debt ceiling limit, farm subsidies bill, Europe printing excessive money in January, China exporting 25% of GDP to Europe, and the summer oil spike. However, all of these will disappear by end of September.

Suggested Reading: 

Stocks hover after steep declines

http://finance.yahoo.com/news/stocks-hover-steep-declines-120925832.html

Dollar up and gold up … this will not last long.

 

Crude Oil Supply Build Tempers Sharp Price Increases

http://finance.yahoo.com/news/crude-oil-supply-build-tempers-145043879.html

Oil supplies up and oil prices up … this will not last long.

 

Pending sales of US homes slip but remain solid

http://finance.yahoo.com/news/pending-sales-us-homes-slip-remain-solid-140308453.html

One slightly lower month … this will not last long.

Comments (0)
Thursday, August 22, 2013
Oil losses worsen, prices sink below $104

Paul’s Economic Outlook:

U.S. oil prices are dropping. Foreign oil prices are rising.

Suggested Reading:

Oil losses worsen, prices sink below $104

http://www.marketwatch.com/story/oil-losses-worsen-prices-sink-below-104-2013-08-21?siteid=yhoof2

U.S. Oil prices dropping.

 

Brent stays above $109 after China data; Libya weighs

http://finance.yahoo.com/news/brent-stays-above-109-china-054206576.html

Foreign oil prices rising.

 

EPA Loses Appeal Over Pennsylvania Power Plant Pollution

http://www.bloomberg.com/news/2013-08-21/epa-loses-appeal-over-pennsylvania-power-plant-pollution.html?cmpid=yhoo

The war against coal (40% of U.S. energy production) is only to push oil prices over $100 per barrel so alternatives with government subsidies are economical.

Tags :  oil pricesforeign oil pricesEPAU.S. oilChina
Comments (0)
Thursday, August 8, 2013
U.S. mortgage applications rise, but so do rates.

Paul’s Economic Outlook:

U.S. is halfway through the shift back to a normal monetary policy. This will free up investment capital and if you include the energy renaissance which will cause a manufacturing renaissance, the U.S. economy will boom.

Suggested Reading: 

Oil drops, erasing gain from China trade data

http://www.marketwatch.com/story/oil-gains-after-china-trade-data-beat-projections-2013-08-08?siteid=yhoof2

China's data pushed all commodities up and dollar down initially. Increasing oil supplies blunted China's data.

 

Job Service: Oil counties tops in N. Dakota wages

http://finance.yahoo.com/news/job-oil-counties-tops-n-183139200.html

U.S. has 1,771 operational drilling rigs. On average it takes 30 days to drill a hole. One in five holes produces oil. We are adding 10 new producing wells every day to supply levels.

 

U.S. mortgage applications rise, but so do rates: MBA

http://news.yahoo.com/u-mortgage-applications-rise-rates-mba-110549847.html

As banks raise rates, they will also lower standards. More people will be able to qualify to buy a home.

Comments (0)
Thursday, July 25, 2013
Oil near $104 as slower China dims demand outlook

Paul’s Economic Outlook:

All the factors that pushed communities up for the July are starting to running out. Keep watch for the July 30th Fed meeting.

 

Suggested Reading:

Europe stocks down on China concerns, earnings

http://www.marketwatch.com/story/europe-stocks-drop-with-german-uk-data-in-view-2013-07-25?siteid=yhoof2

Europe and China are linked.

 

Oil near $104 as slower China dims demand outlook

http://news.yahoo.com/oil-near-104-slower-china-dims-demand-outlook-122853719.html

As Europe and China slow down and U.S. oil supplies go up, oil prices will drop.

 

Student loan deal faces an easy path in House

http://news.yahoo.com/student-loan-deal-faces-easy-path-house-075734998.html

Spin. Temporary discount on loans until rates go up. This means Universities can keep charging more and in a couple of years student debt will be crippling to the 33% of the population that has student loans.

 

Summer manipulations almost over .

Tags :  EuropeChinaoil pricesoil suppliescommodities
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Tuesday, July 9, 2013
Slowing Economy and Inflation Problems in China

Paul’s Economic Outlook:

Today’s movements were mainly based on the slowing economy and inflation problems in China. This should force more business into the U.S.

 

Suggested Reading:

China's June inflation rises to 2.7 percent

http://finance.yahoo.com/news/chinas-june-inflation-rises-2-7-percent-045852989.html

House of cards, economy collapsing.

 

Market Nugget: LOGIC’s O’Neill: Gold Lifted By Physical Demand, Chinese Data

http://www.kitco.com/news/2013-07-09/kitcoNewsMarketNuggets20130709-kitco-market-nugget.html

House of cards, economy collapsing.

 

China inflation picks up, limits room for policy easing

http://news.yahoo.com/china-inflation-picks-limits-room-policy-easing-022426179.html

China’s Woes: Slowing Economy and Inflation 

Tags :  ChinaChinese inflationgoldUS economy
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Friday, June 28, 2013
China is a House of Cards

Paul’s Economic Outlook:

Artificial bump up of commodities before July 5th jobs report.

Suggested Reading 

EU opens new front in China trade battle with stone case

http://finance.yahoo.com/news/eu-opens-front-china-trade-094212092.html

People are getting tired of China’s corrupt business policies.

 

U.S. charges Chinese wind company with stealing trade secrets

http://ca.finance.yahoo.com/news/u-charges-chinese-wind-company-stealing-trade-secrets-114343443.html

People are getting tired of China’s corrupt business policies.

 

China to Allow Mutual Fund Sale

http://finance.yahoo.com/news/china-allow-mutual-fund-sale-140003194.html

They are trying to lure foreign investment capital into China before the collapse.

 

China is a house of cards, be carefull!

Tags :  Chinacommodity pricesjobs reportEUUS economy
Comments (0)
Thursday, June 27, 2013
The Next Market Shift: Watch for Jobs Report

Paul’s Economic Outlook:

The next big thing to watch for is the quarterly Jobs report on July 5th. This will determine the next shift. 

 

Suggested Reading:

Industrial Demand, Economic Growth Keys to Long-Term Silver Story

http://finance.yahoo.com/news/industrial-demand-economic-growth-keys-144300391.html

Spin article. When silver coins and bars sell off there will be a glut of silver for manufacturing.

 

UPDATE 2-Fed bond-buying could be more aggressive than new timeline -Dudley

http://www.reuters.com/article/2013/06/27/usa-fed-dudley-idUSL2N0F30NW20130627?feedType=RSS&feedName=bondsNews&rpc=43

Spin article. The Fed is done with QE. It is winding down. Money will shift out of bonds, treasuries and commodities.

 

China to Allow Mutual Fund Sale

http://finance.yahoo.com/news/china-allow-mutual-fund-sale-140003194.html

Half truth. Yes, but why now. Maybe because Chinese banks are faltering.

 

Important: Watch for the July 5th quarterly jobs report

Comments (0)
Monday, June 24, 2013
World moving back toward normal U.S. monetary policy.

Paul’s Economic Outlook:

Expect a lot of volatility while the Federal Reserve shifts from an abnormal monetary policy back to a normal monetary policy. The drop in the DOW is temporary and should recover in next 2 to 4 weeks as money shifts from bonds and treasuries to other parts of the stock market. All the countries that get back into bed with the U.S. economy will do well. The countries that don't, will not do well. 


Suggested Reading:

Taper tantrum conceals brightening growth picture

http://ca.finance.yahoo.com/news/taper-tantrum-conceals-brightening-growth-picture-180135288.html

World moving back toward normal U.S. monetary policy.

 

Fed, China concerns send shares down, dollar gains

http://ca.finance.yahoo.com/news/fed-outlook-bolsters-dollar-caps-asian-shares-003746943.html

Dollar up. Gold and oil down.

 

Oil falls toward $93 as China tightens lending

http://news.yahoo.com/oil-falls-toward-93-china-tightens-lending-053611472.html

Dollar up. Gold and oil down.

 

World moving back toward normal U.S. monetary policy.

Comments (0)
Monday, June 17, 2013
Gold Weaker In Quiet Dealings; FOMC Meeting Awaited

Paul’s Economic Outlook:

Everyone is waiting in anticipation of the Federal Reserve meeting on June 18th Tuesday.

 

Suggested Reading

Kitco Metals Roundup: Gold Weaker In Quiet Dealings; FOMC Meeting Awaited

http://www.kitco.com/reports/KitcoNews20130617JW_am.html

Everyone is waiting in anticipation of the Federal Reserve meeting on June 18th Tuesday.

 

Faltering Economy in China Dims Job Prospects for Graduates

http://finance.yahoo.com/news/faltering-economy-china-dims-job-001502224.html

China’s house of cards is just starting to crumble.

Comments (0)
Thursday, June 13, 2013
Will the Federal Reserve End or Lower Operation Twist or QE3?

Paul’s Economic Outlook:

The markets are trying to factor in whether the Federal Reserve either do nothing or lower Operation Twist or QE3 on June 18th meeting. This lowering or ending could happen June 18th, July 30th or September 4th.

 

U.S. Oil Notches Record Growth

http://finance.yahoo.com/news/u-oil-notches-record-growth-233900221.html

World game changer.

 

Oil falls toward $95 as Asia stock market’s plunge

http://finance.yahoo.com/news/oil-falls-toward-95-asia-stock-markets-plunge-052302271.html

Half Truth. U.S. production and supplies increasing.

 

EU files WTO complaint over Chinese stainless steel duty

http://finance.yahoo.com/news/eu-files-wto-dispute-challenge-133703790.html

China exports 40% of its GDP. 25% of that goes to Europe. Looming train wreck.

 

The markets are trying to factor in whether the Federal Reserve either do nothing or lower Operation Twist or QE3 on June 18th meeting.

Tags :  Federal ReserveOilChinaQE3Operation Twist
Comments (0)
Wednesday, June 12, 2013
The Shift from Weak Dollar to a Strong Dollar

Paul’s Economic Outlook:

U.S. private sector (70% of U.S. GDP). Foreign economies are slowing down.

 

Suggested Reading:

U.S. CEOs a bit more optimistic on economy, hiring: survey

http://finance.yahoo.com/news/u-ceos-bit-more-optimistic-154846290.html

TV, Internet, papers and magazines report on the government and stock market. This recovery is happening at the private sector level like always.

 

Japan Resorts to Buying ETFs and REITs to Prop Up Stock Market; Will Fed Eventually Do the Same?

http://smallbusiness.yahoo.com/advisor/japan-resorts-buying-etfs-reits-prop-stock-market-135012398.html

Spin article. U.S. is not Japan and the Federal Reserve is shifting from a weak dollar to a strong dollar policy.

 

China Slowdown Affects Auto Sales

http://finance.yahoo.com/news/china-slowdown-affects-auto-sales-162440048.html

Half truth. China slowdown affecting foreign sales. Sales in the U.S. are up.

There is steady progress to shift from weak dollar to a strong dollar in order to promote private sector growth.

 

 

Tags :  private sectoreconomyJapanETFstock marketChinaUS dollarPaul Buzby
Comments (0)
Wednesday, June 5, 2013
Gold Sell offs continuing in expectation of the Federal Reserve tightening U.S. Money Policy.

Paul’s Economic Outlook:

Gold sell offs are increasing in anticipation of the Federal Reserve tightening U.S. money policy putting the U.S. dollar into a slight deflationary cycle. Watch Jobs report on June 7th, as it will have a psychosocial effect to the markets. The Federal Reserve should be tightening policy either June 18th or July 30th no matter what the U.S. economic data. Foreign markets are in turmoil and it will grow as the U.S. recovers. Don’t bet against the U.S. economy long term. Never a good bet.

 

Gold Sales Came to $6 Billion Last Month as Stocks Assets Gained

http://www.bloomberg.com/news/2013-06-05/gold-sales-came-to-6-billion-last-month-as-stocks-assets-gained.html

Major sell offs.

 

Eurozone Growth Elusive Ahead Of U.S. Jobs Data

http://www.forbes.com/sites/deanpopplewell/2013/06/05/eurozone-growth-elusive-ahead-of-u-s-jobs-data/?partner=yahootix

Spin. Jobs data is psychosocial. When the Federal Reserve tightens policy is everything.

 

China slams EU solar duties, launches wine probe

http://finance.yahoo.com/news/china-slams-eu-solar-duties-launches-wine-probe-095843615.html

People (China) who live in glass houses should not throw stones.

 

Tags :  goldfederal reserveeuroeurozonechinaeu
Comments (0)
Monday, June 3, 2013
Overall U.S. Economy Expanding While Foreign Economies are Contracting.

Paul’s Economic Outlook:

U.S. domestic economy, lead by the private sector (70% of U.S. GDP) is doing better. U.S. export economy, driven by large publically traded companies and the government (30% of U.S. GDP) is contracting. Manufacturing is down due to lower exports causing a short term drop on dollar and spike on gold. Watch June 5th when economic data for over 45% of China’s GDP is released. Watch June 18th when the Federal Reserve meets again.

  

US manufacturing gauge sinks to June 2009 level

http://finance.yahoo.com/news/us-manufacturing-gauge-sinks-june-2009-level-141555002.html

Read entire article. Overall U.S. economy doing better.

 

Gold Update: Gold Extends Early Gains as U.S. Dollar Index Slumps

http://www.kitco.com/reports/KitcoNews20130603JW_update.html

Manufacturing is down due to lower exports, but overall U.S. economy is doing better. This is a short term drop on dollar and spike on gold.

 

A tale of two PMIs shows China’s growth conundrum

http://finance.yahoo.com/news/tale-two-pmis-shows-china-052944723.html

Watch June 5th when economic data for over 45% of China’s GDP is released.

Tags :  goldu.s. economycontractingexpandingfederal reservegdpchina
Comments (0)
Wednesday, April 17, 2013
Oil down slightly after sharp fall on weak demand

 Paul’s Economic Outlook:

It is all about oil in the U.S. It will take time, but this will change the economic landscape of the world. You should see oil dropping to $65 to $75 per barrel by end of summer oil spike (last week of September).

 

Suggested Reading:

U.S. Rig Count Jumps by 33

http://finance.yahoo.com/news/u-rig-count-jumps-33-204003564.html

Each month we will see small increases. They add up over time.

 

New Crude Pipeline from Plains All

http://finance.yahoo.com/news/crude-pipeline-plains-213001043.html

Each month we will see small increases. They add up over time.

 

Oil down slightly after sharp fall on weak demand

http://finance.yahoo.com/news/oil-down-slightly-sharp-fall-weak-demand-123232775--finance.html

China’s consumption has been driving oil prices up for last 10 years. As China slows down this will put added pressure on oil prices to drop.

Tags :  oileconomyChinaU.S. oil
Comments (0)
Tuesday, April 16, 2013
Gold Temporarily Rebounds

Paul’s Economic Outlook:

Gold temporarily rebounded. But there shouldn’t be any long term support. $1,389 is the new high. It will go lower.

 

Suggested Reading:

Wall Street rebounds as gold recovers, data signals strength

http://news.yahoo.com/stock-futures-signal-higher-wall-street-open-083126953--finance.html

Spin article. Wall Street rebounds because U.S. private sector and U.S. dollar are doing better than anyone else. Gold temporarily rebounds. No long term support. $1,389 is the new high. I will go lower.

 

'Absurd' Chinese Trade Data Confound Analysts

http://finance.yahoo.com/news/absurd-chinese-trade-data-confound-090309089.html

House of cards.

 

Oil slides below $88 per barrel

http://finance.yahoo.com/news/oil-slides-below-88-per-barrel-055049230--finance.html

Oil heading to $65 to $75 per barrel because of sideways drilling and fracturing. This is a good thing. Transportation, manufacturing and agriculture cost go down.


Trade Pacts With Europe and Japan Will Boost Unemployment

http://finance.yahoo.com/blogs/the-exchange/trade-pacts-europe-japan-boost-unemployment-164940505.html

 

JIM ROGERS: Like I Said, I Expect Gold To Go As Low As $1,200

http://finance.yahoo.com/news/jim-rogers-said-expect-gold-180550281.html

US, China Data Set Negative Tone for Oil Prices

http://finance.yahoo.com/news/us-china-data-set-negative-064600719.html

A Complete Look At China's Latest Disappointing Data In One Chart

http://finance.yahoo.com/news/complete-look-chinas-latest-disappointing-044921687.html

Tags :  Wall StreetGoldChinaOil pricesU.S. dollargold prices
Comments (0)
Monday, April 15, 2013
Gold tanks to 2-year low as China weighs on stocks

Paul’s Economic Outlook:

There is a 50% chance gold will bounce back $50 to $100 in next two to three days. However, there is a 50% chance that one of the big players decides to dump and gold drops below $1,000 in next two to three days. The long term trend of gold looks to be $600-$800 in next 6 months.

 

Suggested Reading:

Gold tanks to 2-year low as China weighs on stocks

http://news.yahoo.com/gold-tanks-2-low-china-143347672.html

Will it bounce or tank? We will know in next two days.

 

Sector Snap: Oil stocks decline after China report

http://news.yahoo.com/sector-snap-oil-stocks-decline-175453260.html

As Europe drops so will China.

 

Uh Oh, Obamacare Math Sinks In for Small Businesses

http://finance.yahoo.com/news/uh-oh-obamacare-math-sinks-152220158.html

Anti business policies like this slowing U.S. private sector recovery.

Tags :  goldChinaObamacareOil stocksgold pricesgold plummetsGold $1350
Comments (0)
Monday, April 15, 2013
Gold Tumbles Again: Is the Era of Gold Over?

By Bernice Napach | Daily Ticker – 3 hours ago

Gold plummeted to just below $1,400 an ounce Monday morning, its lowest price since March 2011. Slower than expected first quarter growth in China was the catalyst for today's drop (following a $60 decline last week on reports that Cyprus is planning to sell some of its gold reserves). Gold is now trading 27% below its September 2011 high of $1,920.

“Gold is kind of giving up,” says Michael Haigh, global head of commodities research at Societe Generale. "Gold is a different animal than the rest of the commodities complex, driven primarily by macrodrivers,” and those macro-drivers now are driving gold prices lower.

Haigh says the bull case for gold "doesn’t look like a great idea anymore especially with the dollar strengthening and real interest rates expected to rise” at some point because of extensive quantitative easing. In addition, inflation pressures have yet to emerge and gold didn’t push through $2,000 an ounce as many thought it would and because the macroeconomy looks stronger.

“China doesn’t look like it’s going to have a hard landing," Haigh said ahead of Sunday 7.7% GDP report. "People are fatigued with Europe and the U.S. looks like it’s doing okay.”

In an April 2 report titled "The End of the Gold Era," Societe Generale forecast gold ending the year at $1,375 an ounce. In a note published eight days later Goldman Sachs forecast gold at $1,450 an ounce by year end, but said the decline could be larger.

The Daily Ticker contacted Societe Generale and Goldman Sachs to check if either was updating its year-end price target given today's near $100 drop in gold prices. Haigh at Societe Generale says the bank is not changing its $1,375 year-end forecast but notes that "some gold miners will get into hot water" if prices continue to plummet. Goldman Sachs hasn't responded yet to our request yet.

Whether gold continues to fall and how far will depend in large part on inflation expectations. Haigh says earlier market forecasts for higher gold prices were fed largely by expectations that aggressive central bank quantitative easing (buying assets) would lead to high inflation, but that hasn't happen.

In the U.S. consumer prices rose 2% on an annualized basis according to the latest available data for February 2013. That’s slightly above the 1.7% rate for all of 2012 but lower than 3% recorded for 2011. Japan recently announced it too would adopt quantitative easing in order to boost growth—and inflation—but Haigh isn't convinced that will boost global inflation.

“If you get renewed quantitative easing globally, then obviously there are inflationary pressures there," Haigh says. "But even with these extensive and extended periods of times of QE we really haven’t seen any inflation surface [but] rather just central bank balance sheets growing."

And in the U.S., he notes, some Fed officials have been pushing for an earlier exit from quantitative easing.

Even if inflation doesn't rise, there are limits to how far the price of gold—or any commodity—can fall. “Prices can’t continue to fall below the cost of production for an extended periods of time,” says Haigh.

Source:http://finance.yahoo.com/blogs/daily-ticker/gold-loses-another-6-monday-era-gold-over-123319133.html

Comments (0)
Friday, April 12, 2013
Gold Getting Hammered Again! Watch for $1,470 Support Level

Paul’s Economic Outlook:

The dollar is up, and gold prices are back down.  Reuters published that Gold dropped more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time after 12 years of gains. This is a trend. It is time to exit.

 


Suggested Articles

Gold Update: Comex Gold Falls Below $1,500/Oz On Heavy Stop-Loss Selling, Long Liquidation

http://www.kitco.com/reports/KitcoNews20130412AS_update.html

Mini panic sell off.

 

Gold Getting Hammered Again! Watch $1,470 Support Level, Says Najarian

http://finance.yahoo.com/blogs/breakout/gold-getting-hammered-again-watch-1-470-support-135739074.html

Gold is not a wealth preservation tool anymore. It is a secondary currency.

Jon Najarian, co-founder of OptionMonster.com, said in a yahoo interview that if gold breaks current levels and can't hold $1,470, it's got a long way to fall as far as the Option Monster is concerned. He doesn't see additional support until $1,340 and isn't going to hang around until it gets there if the first line of support doesn't hold.

 

China Has Been and Will Continue to Be a Bad Place to Invest: Jim Chanos

http://finance.yahoo.com/blogs/daily-ticker/china-continue-bad-place-invest-jim-chanos-130141943.html

House of cards.

Comments (0)
Monday, March 25, 2013
Cyprus reaches last-minute deal on 10 billion euro bailout

Paul’s Economic Outlook:
Europe and the Euro are in trouble and China exports more to Europe than anywhere else. The Middle East also exports more to Europe than anywhere else. What does this mean? Euro will be down, the dollar up and gold down. The U.S. is now becoming the safe haven. Old economic allies returning to the U.S. and commodity based economies are returning. This will just keep excellerating.

Suggested Reading:

Cyprus reaches last-minute deal on 10 billion euro bailout
http://finance.yahoo.com/news/cyprus-eu-imf-agree-draft-002707985.html
Great article.

Cyprus crisis puts Austrian bank secrecy on agenda
http://finance.yahoo.com/news/cyprus-crisis-puts-austrian-bank-155550121.html
Who is next?

A look at the eurozone's 5 bailouts
http://finance.yahoo.com/news/look-eurozones-5-bailouts-133954385--finance.html
Socialism is great until you run out of money.

Comments (0)
Monday, March 11, 2013
Quantitative Easing: The Greatest Con Ever Sold

Paul’s Economic Outlook:

The U.S. dollar is the world reserve currency. There are two sides of the equation to look at. The U.S. dollar is one side of the equation and foreign currencies and gold are on the other side of the equation. In the last year, the U.S. Dollar index has increased from 71 points to 82 points, compared to other currencies. When the Federal Reserve raises interest rates the U.S. Dollar will become king. The Federal Reserve minutes project that they will explore ending operation twist and QE3 in mid-2013 (this summer) and raising interest rates when unemployment nears 6.5% or inflation nears 2.5%. We will probably see one of these by the end of 2013.

Suggested Reading:

Quantitative Easing: The Greatest Con Ever Sold
http://www.minyanville.com/business-news/markets/articles/Quantitative-Easing253A-The-Greatest-Con-Ever/3/11/2013/id/48629?camp=syndication&medium=portals&from=yahoo
Good Article.

UPDATE 2-Kenya to issue $1 bln debut Eurobond after peaceful vote
http://www.reuters.com/article/2013/03/11/kenya-eurobond-idUSL6N0C35QS20130311?feedType=RSS&feedName=bondsNews&rpc=43
More debt.

Egypt studying IMF bridging loan offer - source
http://www.reuters.com/article/2013/03/11/egypt-imf-idUSL6N0C3AVA20130311?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=43
More debt.

US STOCKS-Wall St set to slip after China data, Italy downgrade
http://www.reuters.com/article/2013/03/11/markets-usa-stocks-idUSL1N0C320820130311?feedType=RSS&feedName=cyclicalConsumerGoodsSector&rpc=43
Italy, more debt.

Comments (0)
Monday, February 25, 2013
Gold rebounds as bullish bets fall to 4-year low

Paul’s Economic Outlook:

Gold should rise a little this week because of the spending sequester. As soon as sequester is completely over (in a week or two), gold should slide again.

Gold rebounds as bullish bets fall to 4-year low
http://www.marketwatch.com/story/gold-futures-bounce-to-pare-recent-losses-2013-02-25?siteid=yhoof2
Spin title. Gold went way down and came up very little.

Gold Is Declining, and the 'Buying Stampede' Is Continuing
http://finance.yahoo.com/news/gold-declining-buying-stampede-continuing-151500982.html
Good Article. Dollar trending up, gold trending down.

EU gamble risks killing UK's "golden goose" - Mandelson
http://uk.news.yahoo.com/eu-gamble-risks-killing-uks-golden-goose-mandelson-093507929--finance.html
Spin Article. Writer assumes if Britain pulls out of EU they will lose business.

China Factory Growth Slips From Recent High
http://www.nytimes.com/2013/02/26/business/global/china-factory-growth-slips-from-recent-high.html?partner=yahoofinance&_r=0
House of cards.

Economist: Why the Middle Class Is Declining
http://finance.yahoo.com/news/economist-why-middle-class-declining-204512872.html
Good article. Need to read entire article.

Florida's Legislature, Not Its Governor, Will Determine Medicaid Expansion's Fate
http://www.forbes.com/sites/aroy/2013/02/25/floridas-legislature-not-its-governor-will-determine-medicaid-expansions-fate/?partner=yahootix
Good article.

White House directs open access for government research
http://www.reuters.com/article/2013/02/24/usa-whitehouse-information-idUSL1N0BO0EN20130224
It takes time to reverse government oppressive dictates. They are just starting to reverse.

Eliminate Fannie and Freddie, bipartisan report says
http://blogs.marketwatch.com/election/2013/02/25/eliminate-fannie-and-freddie-bipartisan-report-says/
It takes time to reverse government oppressive dictates. They are just starting to reverse.

Tags :  gold pricesspending sequesterEUChinaU.S. economy
Comments (0)
Thursday, February 21, 2013
North Korea cites "tragedy" of countries that give up nuclear programs

Paul’s Economic Outlook:

The U.S. economy is showing slow GDP growth and is shifting from a money make money business model to production business model to make money. As world economies decline their governments move to appease their population, control their population, or return to doing profitable business with the U.S.

Suggested Reading:
North Korea cites "tragedy" of countries that give up nuclear programs
http://news.yahoo.com/north-korea-cites-tragedy-countries-nuclear-programs-064126133.html
An example of how as world economies decline their governments move to appease their population, control their population, or return to doing profitable business with the U.S.

Analysis: Power struggle, not nuclear deal, priority for Iranian elite
http://news.yahoo.com/analysis-power-struggle-not-nuclear-deal-priority-iranian-153524112.html
Another example of this.

Egypt to seek IMF talks as it reveals grim economy data
http://news.yahoo.com/egypt-seek-imf-talks-reveals-grim-economy-data-112258483--business.html

The man who would be Italy's next prime minister: Pier Luigi Bersani
http://news.yahoo.com/man-italys-next-prime-minister-pier-luigi-bersani-204000003.html

French general urges EU to equip "impoverished" Mali army
http://news.yahoo.com/french-general-urges-eu-equip-impoverished-mali-army-050258839.html

Russia needs financial police to combat illegal capital flight
http://news.yahoo.com/russia-needs-financial-police-combat-illegal-capital-flight-124807153--business.html

Freed Afghan Taliban fighters return to insurgency
http://news.yahoo.com/freed-afghan-taliban-fighters-return-insurgency-142413666.html

Palestinian protesters clash with Israeli troops
http://news.yahoo.com/palestinian-protesters-clash-israeli-troops-114500854.html

Massive cyberattacks from China? Report claims to expose secret 'Unit 61398.'
http://news.yahoo.com/massive-cyberattacks-china-report-claims-expose-secret-unit-012026777.html

Comments (0)
Wednesday, January 23, 2013
House GOP seeks to defuse debt crisis

Paul’s Economic Outlook:

Based on the topics covered by a majority of articles published today, I will cover a truism. Socialism is great until you run out of money. The world is running out of money. The first country to break the socialist cycle will lead the world economy for the next generation. It is pretty safe to say this will not be Europe, China, or Japan. The U.S. is having a battle on that direction right now. Forget about the political theatre, the media, and the stock market and concentrate on the Federal Reserve, states, private business, and specifically the energy industry. Once you get past the fog of this administration and look at the hard numbers. The U.S. is slowly starting to change direction. The U.S. is 25% of the world GDP and exports more food than all the other countries combine. The U.S. has the largest manufacturing output per person and holds over 50% of the world gold reserves (including private ownership. 90% of the world innovation comes from the U.S. private sector. The U.S. economy does not turn on a dime, especially when you have an anti-business executive branch, but it is turning. Here is an example of this change. While the Government (public) debt has increased, it only accounts for 30% of the U.S. debt. The other 70% of the U.S. debt is individual debt, business debt, and banking debt which has decreased. The overall debt of the U.S. has declined 3 years in a row and it is the only country in the world that is lowering its debt. This is one of the reasons the dollar has increased from 71 points to 81 points over the last year.

House GOP seeks to defuse debt crisis
http://news.yahoo.com/house-gop-seeks-defuse-debt-crisis-080425026--finance.html
The GOP is trying to use strategy to overcome political theatre and so far they have not been successful. It will take more taxes, more spending, and more regulations before the middle class and poor understand that the direction of the country for the last four years benefits the rich, not the regular person. Socialism is great until you run out of money.

Unions suffer steep decline in membership
http://news.yahoo.com/unions-suffer-steep-decline-membership-151525987.html
The country can’t afford public unions anymore. Public Unions consume more than they produce and have become a drag on the U.S. economy. Socialism is great until you run out of money.

In China, signs that one-child policy may be coming to an end
http://news.yahoo.com/china-signs-one-child-policy-may-coming-end-011023201--business.html
Half truth article. The writer of this article put a positive spin on a growing problem that will eventually collapse the Chinese economy. Socialism is great until you run out of money.

IMF lowers global growth forecast
http://www.marketwatch.com/story/imf-lowers-global-growth-forecast-2013-01-23
Socialism is great until you run out of money.

Tags :  socialismGDPU.S. economyU.S. debtGOPpublic unionsChinaIMF
Comments (0)
Friday, December 14, 2012
Boehner: Congress will never give up debt limit control

Boehner: Congress will never give up debt limit control
http://health.yahoo.net/news/s/nm/boehner-congress-will-never-give-up-debt-limit-control
We go from fiscal cliff crisis to debt ceiling crisis in one month.

Kitco Metals Roundup: Gold Near Steady on Chart Consolidation; U.S. Data on Tap
http://www.kitco.com/reports/KitcoNews20121214JW_am.html
Short term guessing. Long term shows strength for dollar and weakness for commodities.

Industrial output gain biggest in nearly two years
http://news.yahoo.com/industrial-output-gain-biggest-nearly-two-years-142031794--business.html
U.S. energy industry beginning to bring energy prices down. Manufacturing will go up.

China on mend, U.S. factory data encouraging
http://news.yahoo.com/china-mend-euro-zone-still-shrinking-113555048--business.html
U.S. energy industry beginning to bring energy prices down. Manufacturing will go up. Energy prices higher in foreign countries. Will see a lesser boost than U.S.


Paul’s Economic Corner:

The overall U.S. debt has declined for 3 years in a row. Public/government debt is up to 16.4 trillion, but it only accounts for only 30% of the debt. Individual debt, business debt and banking debt account for 70% of the U.S. debt, and has declined tremendously over the last 3 years. Because individual, business, and banking debt haven been declining, the U.S. dollar has been strengthening. Supply and demand are a good indicator of the strength of the dollar. If there is a large supply of U.S. dollars available for investment capital and nobody wants them, we have inflation. If there is a small supply of U.S. dollars and everyone wants them, we have deflation.

The Federal Reserve’s QE1, QE2 and QE3, accumulated so far 2 trillion dollars in bond and treasuries that will not mature for 6 to 20 years, (this money is basically not available). The Federal Reserve has kept the interest rates at almost zero. U.S. Banks have no incentive to lend the 11 trillion they are sitting on, so they keep the criteria high so nobody can qualify. Private Business (70% of U.S. GDP) have built up 3 trillion in capital reserves because they can’t get loans from the banks. That is 16 trillion dollars that are not available for investment capital in the U.S.. All world currencies are inflating faster than the U.S. dollar. All world economies are slowing except the U.S. private sector, which is being led by energy. The supply of available U.S. dollars is down. The demand to get back into the U.S. dollar and U.S. private sector is up. The dollar is strengthening and will continue to strengthen. Yesterday’s Federal Reserve meeting opened the door to raising interest rates if unemployment falls below 6.5%. When this happens, dollar becomes king dollar and all investment capital flees to the U.S. and U.S. banks will then have incentive to lend out the 11 trillion they are sitting on. Once private businesses can get a loan they will invest the 3 trillion they are sitting on and buy property, capital equipment, hirer people and take risk, which will make the U.S. economy and dollar go ballistic.

Comments (0)
Wednesday, December 12, 2012
Mich. becomes right-to-work state despite protests

Mich. becomes right-to-work state despite protests
http://news.yahoo.com/mich-becomes-state-despite-protests-081033162.html
States are trying to be responsible. Union bastions falling one by one as they go broke.

Obama tax plan no small deal to small businessmen
http://smallbusiness.yahoo.com/advisor/obama-tax-plan-no-small-deal-small-businessmen-201234839.html
CBO office reports the numbers that government agencies give them. Whether they are right or wrong.

China spending on U.S. acquisitions at record high
http://finance.yahoo.com/news/china-spending-u-acquisitions-record-083700285.html?l=1
Spin article. All countries around the world, including China are looking for the only safe haven in the world. The U.S.

OPEC keeps oil output targets on hold
http://news.yahoo.com/opec-keeps-oil-output-targets-hold-142118391--finance.html
Spin article. OPEC countries are broke, they need to keep production up even if prices are falling (volume over price).

PRECIOUS-Gold prices rise ahead of Fed announcement
http://www.reuters.com/article/2012/12/12/markets-precious-idUSL4N09M2LR20121212
The price bump of $10 is small. Let’s see what happens over next couple of days.

Paul’s Economic Corner:
We have to get by two economic bumps, the fiscal cliff and the debt ceiling limit. As long as there is finality either way on both of these, businesses can start growing. Delaying the decisions will only keep the U.S. economy stagnant. The U.S. economy needs investment capital. Until the Federal Reserve drops the interest rates, banks will keep loan criteria high and will sit on 11 trillion in potential investment capital. The dollar keeps strengthening in spite of the Federal Reserve’s best effort to weaken the dollar. Investment capital is starting to move from all other currencies and economies back to the U.S. dollar and U.S. Private sector (70% of U.S. GDP).

The game changer is energy. All other countries are stagnant on energy production except the U.S. and Canada. Sideways drilling and fracturing are profitable at $65 a barrel. We should see prices drop to this level in the next year. This would cause transportation, manufacturing, and agriculture to become much more profitable and competitive. With oil on private land alone, the U.S. will be energy independent in 20 years, and in half that time if public land is opened. We should see a 2% to 3% GDP bump just from the energy industry alone in the next 2 to 3 years. There will be a lot of volatility in the stock market and commodities during the next couple of months.

Comments (0)
Tuesday, December 11, 2012
Fed Seen Pumping Up Assets to $4 Trillion in New Buying

Daily Articles of Interest:
Fed Seen Pumping Up Assets to $4 Trillion in New Buying
http://finance.yahoo.com/news/fed-seen-pumping-assets-4-050000764.html?l=1
Half truth article. Protecting foreign currency expansion at the expense of the American people.

Senate GOP leader calls on Dems to spell out cuts
http://news.yahoo.com/senate-gop-leader-calls-dems-spell-cuts-161447155.html
Will not happen.

Michigan expected to pass right-to-work legislation
http://news.yahoo.com/blogs/ticket/michigan-expected-pass-legislation-141229589--politics.html
Public unions and unions in states without the right to work have no checks and balances.

Weak exports, imports signal tepid economic growth
http://news.yahoo.com/weak-exports-imports-signal-tepid-economic-growth-143607785--business.html
Good article. Everything the liberal progressives are doing is slowing small business growth.

China overtakes US in number of patent filings
http://news.yahoo.com/china-overtakes-us-number-patent-filings-142532551--finance.html
Maybe they will start honoring patents instead of stealing.


Paul’s Economic Corner:
A majority of people voted for bigger government with a safety net. Unfortunately, there is not enough money to fund what people voted for this past November. Taxes are going to go up on everyone and there will be less jobs for the next year or two. The stock market will be very volatile. Ira’s, 401’s, dividends, capital gains and savings will not be performing. The Fed will keep the money supply tight so no investment capital will be available. Basically the anti-business atmosphere of the last 4 years will continue for another 2 years. How much longer will the majority of the people believe the spin or wake up to the truth?

The truth is the government needs to cut spending and its anti business policies. The Federal Reserve needs to raise the interest rates. Until then you need to look for alternative investments with low risk to protect your wealth and make some profits during these times. The trump card to these economic times is energy and we will cover this subject in more detail tomorrow.

Comments (101)
Wednesday, November 7, 2012
Wall Street drops more than 2 percent

Update: Gold Prices Back Down from Daily High as Raw Commodity Sector Sells Off, U.S. Dollar Strengthens
http://www.kitco.com/reports/KitcoNews20121107JW_update.html
Dollar up, gold, euro and stock market down.

Wall Street drops more than 2 percent
http://finance.yahoo.com/news/futures-fall-further-election-results-031550185.html
Is this a dip or a trend?

What Obama's win may mean for personal tax planning
http://finance.yahoo.com/news/obamas-win-may-mean-personal-062233116.html
There will be more taxes unless something is done.

Tax break for struggling homeowners set to expire
http://finance.yahoo.com/news/tax-break-struggling-homeowners-set-104000079.html
There will be more taxes unless something is done.

Iraq official: Exxon Mobil wants out of big field
http://news.yahoo.com/iraq-official-exxon-mobil-wants-big-field-101824306--finance.html
More money to be made in U.S. than Iraq in oil today.

Will U.S.-China Relations Change After China’s Historic Leadership Transition?
http://finance.yahoo.com/blogs/daily-ticker/u-china-relations-change-china-historic-leadership-transition-133356791.html?l=1
Is this a dip or a trend.

Tags :  gold pricesWall StreetObama WinTaxesoilExxonChinaIraq
Comments (0)
Wednesday, October 31, 2012
Eurozone unemployment rises to new record

Eurozone unemployment rises to new record
http://news.yahoo.com/eurozone-unemployment-rises-record-100226649--finance.html
Euro down, dollar up.

Russia to spend $3.5 billion on 35 planes from Boeing
http://smallbusiness.yahoo.com/advisor/russia-spend-3-5-billion-buying-35-planes-112145457--finance.html
Investment capital moving back into the U.S.

Chinese think tank urges end to one-child policy
http://news.yahoo.com/chinese-think-tank-urges-end-one-child-policy-074125915.html
Aging society with only 1 young person to support 2 old persons.

Iran leader warns against public political clashes
http://news.yahoo.com/iran-leader-warns-against-public-political-clashes-123902762.html
Desperation.

Tags :  EurozoneunemploymentRussiaChinaIran
Comments (0)
Thursday, October 18, 2012
US unemployment aid applications jump to 388K

US unemployment aid applications jump to 388K
http://finance.yahoo.com/news/us-unemployment-aid-applications-jump-123359965.html
Good article. Last two months numbers were not a true representation.

China loses WTO appeal in U.S. specialty steel case
http://news.yahoo.com/china-loses-wto-appeal-u-specialty-steel-case-144333908--finance.html
China is a house of cards about to collapse.

Kitco Metals Roundup: Gold Weaker amid Mildly Bearish Outside Markets, Chart Consolidation
http://www.kitco.com/reports/KitcoNews20121018JW_am.html
Dollar up, gold down.

Tags :  unemploymentchinagold prices
Comments (1)
Wednesday, September 19, 2012
Gold Firmer, Hits Fresh 6.5-Mo. High, as BOJ Eases Monetary Policy

Gold Firmer, Hits Fresh 6.5-Mo. High, as BOJ Eases Monetary Policy
http://www.kitco.com/reports/KitcoNews20120919JW_am.html
There are three important things to look at in this article: the trouble in Japan, the problems in China, and Dollar doing well.

QE3 Won’t Solve All Our Problems, but It’s a Start
http://finance.yahoo.com/blogs/the-exchange/qe3-won-t-solve-problems-start-232409336.html?l=1
This is a propaganda article for the Federal Reserve.

Unemployment mounts as Iran's economy falters
http://news.yahoo.com/unemployment-mounts-irans-economy-falters-141355369--business.html
Young unemployed middle eastern men

China cuts rare earths mining permits
http://news.yahoo.com/china-cuts-rare-earths-mining-permits-060921643--finance.html
More government manipulation to control the industry. Go Molly Corp.

Comments (0)
Wednesday, August 22, 2012
China faces steel-production paradox

China faces steel-production paradox
http://finance.yahoo.com/news/china-faces-steel-production-paradox-002813686.html?l=1
Are you beginning to see a pattern?

Chinese solar industry faces weak sales, price war
http://news.yahoo.com/chinese-solar-industry-faces-weak-sales-price-war-061841959.html

Tags :  Chinasteelsolar industry
Comments (0)
Wednesday, August 15, 2012
Investors Shift Money Out of China

Investors Shift Money Out of China
http://finance.yahoo.com/news/investors-shift-money-china-012400174.html?l=1
Moving back to the U.S. Dollar and U.S. Economy

Insight: Fannie Mae, Freddie Mac clamping down on banks
http://finance.yahoo.com/news/insight-fannie-mae-freddie-mac-233012877.html
So the two government companies who by law forced banks to make bad loans and caused the real estate bubble are now demanding these banks to take the losses instead of the government.

Tags :  InvestorsChinaU.S. DollarFannie MaeFreddie Macbanks
Comments (0)
Friday, August 10, 2012
China July Exports Rise 1% Vs Economists' Estimate for 8%

China July Exports Rise 1% Vs Economists' Estimate for 8%
http://finance.yahoo.com/news/china-july-exports-rise-1-030523414.html?l=1
China’s biggest importer is Europe.

German economy faces recession fear in threat to euro zone
http://finance.yahoo.com/news/german-economy-faces-recession-fear-115550252.html?l=1
The strongest economy in Europe is slowing.

Influential German business organization warns
http://news.yahoo.com/influential-german-business-organization-warns-082839709--finance.html
You can’t spend your way out of debt.

How long can Spain take the financial heat?
http://news.yahoo.com/long-spain-financial-heat-082012298--finance.html
Did you notice the key October date when 30 billion in bonds and treasuries mature (debt payment).

Easing U.S. ethanol mandate would help prevent food crisis: UN
http://news.yahoo.com/easing-u-ethanol-mandate-help-prevent-food-crisis-101049936.html
The U.S. exports more food than all the other countries in the world combined. Ethanol Farm Subsidy extensions are causing a worldwide food shortage.

Market Bears Need a New Tale
http://finance.yahoo.com/blogs/breakout/market-bears-tale-171701891.html?l=1
U.S. Private Sector (70% of U.S. GDP) is doing better than the rest of the world.

Oil companies desperately seek water amid Kansas drought
http://finance.yahoo.com/news/oil-companies-desperately-seek-water-132900862.html?l=1
This article comes off as a negative article. Why, sounds like a lot of people are doing business and making money

Tags :  ChinaEuropeGermanySpainPrivate SectorOilGDP
Comments (0)
Tuesday, August 7, 2012
World stocks gain on hints of economic recovery

World stocks gain on hints of economic recovery
http://news.yahoo.com/world-stocks-gain-hints-economic-recovery-084812074--finance.html
Half true article. The U.S. Private Sector (70% of U.S. GDP) is recovering. Europe getting slight boost from U.S. improvement. China is printing money. Australia is betting on commodities.

Fiscal Cliff: “Major Market Meltdown” Expected If Congress Does Nothing, Says Steven Rattner
http://finance.yahoo.com/blogs/daily-ticker/fiscal-cliff-major-market-meltdown-expected-congress-does-105100370.html?l=1
Nothing will happen until after the November election. This is a repeat of 2010. The Republicans will get their tax extensions and who knows what the Democrats will ask for to do it.

Oil hovers near $92 ahead of weekly US supply data
http://news.yahoo.com/oil-hovers-near-92-ahead-weekly-us-supply-081631428--finance.html
Summer oil spike ends the last week of September. Oil down, dollar up.

Fed’s Rosengren makes case for sizeable QE3
Focus on mortgage-backed securities, Fisher calls it a mistake
http://www.marketwatch.com/story/feds-rosengren-makes-case-for-sizeable-qe3-2012-08-07
Spin Article. We have all the money we need but as long as interest rates stay low, banks have no incentive to loan. Catch 22.

A.M. Kitco Metals Roundup: Comex Gold Slightly Higher amid Mildly Bullish Outside Markets
http://www.kitco.com/reports/KitcoNews20120807JW_am.html
Summer oil spike ends the last week of September. Oil down, dollar up.

Tags :  stockseconomic recoveryprivate sectorGDPChinaAustraliaoilQE3
Comments (0)
Thursday, August 2, 2012
US stocks slump with no concrete action in Europe

US stocks slump with no concrete action in Europe
http://finance.yahoo.com/news/us-stocks-slump-no-concrete-134244989.html?l=1
Private Sector (70% of U.S. GDP) improving and not tied to exports. Public Sector (30% of U.S. GDP, includes stock market) is shifting back to do business with U.S. private sector, volatile times.

The Unemployment Rate Is a Farce That Needs Fixing: Rep. Duncan Hunter
http://finance.yahoo.com/blogs/breakout/unemployment-rate-farce-needs-fixing-rep-duncan-hunter-113437674.html?l=1
This is the real unemployment rate. Same math as used during the great depression.

Fed Hints at More Action: “What Are They Waiting For?” Dean Baker Asks
http://finance.yahoo.com/blogs/daily-ticker/fed-hints-more-action-waiting-dean-baker-asks-113811876.html?l=1
Spin. No change. They are not going to do a QE3.

China cuts fees, urges share buybacks to revive ailing market
http://finance.yahoo.com/news/china-cuts-fees-urges-share-104257606.html?l=1
House of Cards.

Weekly jobless claims rise less than expected
http://finance.yahoo.com/news/weekly-jobless-claims-rise-less-123225087.html?l=1
Private Sector (70% of U.S. GDP) improving. Public Sector (30% of U.S. GDP) tanking.

Class of 2012: Europe's young pursue dreams abroad
http://news.yahoo.com/class-2012-europes-young-pursue-dreams-abroad-100249755--finance.html
Mostly with U.S. and economic allies of the U.S.

Oil near $89 after US supply drop, ECB awaited
http://news.yahoo.com/oil-near-89-us-supply-drop-ecb-awaited-051932506--finance.html
Watch for oil to drop after ECB meeting.

Comments (1)
Wednesday, August 1, 2012
Oil hovers above $88 as hopes fade for Fed easing

Oil hovers above $88 as hopes fade for Fed easing
http://news.yahoo.com/oil-hovers-above-88-hopes-fade-fed-easing-121716195--finance.html
Dollar up, commodities down.


China protests US sanctions against Chinese bank
http://news.yahoo.com/china-protests-us-sanctions-against-chinese-bank-075824543--finance.html
China is an economic enemy of the U.S. The #1 major in Chinese Universities is reverse engineering.

Spanish regions rebel against deficit targets
http://news.yahoo.com/spanish-regions-rebel-against-deficit-targets-085443015--finance.html
It is very hard to get public union workers to cut back.

Tags :  ChinaeconomySpanishOil pricesFederal ReserveCommoditiesDollar
Comments (2)
Monday, July 9, 2012
Market Weighed Down by the Big Three: China, Europe, U.S. Earnings

Market Weighed Down by the Big Three: China, Europe, U.S. Earnings
http://finance.yahoo.com/blogs/breakout/market-weighed-down-big-three-china-europe-u-154011856.html?l=1
Spin article. China is down, Europe is down, U.S. public sector is down (30% of U.S. GDP). The U.S. private sector is up (70% of U.S. GDP).

The Decline of Financial Failure
http://finance.yahoo.com/blogs/daniel-gross/georgia-bank-closes-financial-failure-declining-150441484.html?l=1
U.S. Banks getting healthier. Foreign banks having more troubles.

Wall Street Speculation Tax: A Way to Address Corruption
http://finance.yahoo.com/blogs/the-exchange/wall-street-speculation-tax-way-address-corruption-153208999.html?l=1
Spin article. Wall street will pass tax on to the public or find another way around, that is what they do. This is just another tax grab by the government through regulation.

Tags :  ChinaEuropeU.S. economyfinancial failurebanksWall Streettaxdecline
Comments (0)
Monday, July 2, 2012
Study: Small business lending picked up in June

Study: Small business lending picked up in June
http://smallbusiness.yahoo.com/advisor/study-small-business-lending-picked-june-142822605.html
U.S. economy growing.

Ford To Add 12,000 Workers: An All-American Comeback Story
http://finance.yahoo.com/blogs/daily-ticker/ford-add-12-000-workers-american-comeback-story-121822365.html?l=1
Signs the U.S. economy growing.

Financial Giants Are Moving Jobs Off Wall Street
http://finance.yahoo.com/news/financial-giants-moving-jobs-off-134806883.html?l=1
Big liberal states driving business out of state.

China factory activity worsens further: HSBC
http://finance.yahoo.com/news/china-factory-activity-worsens-further-034609407.html?l=1
China economy shrinking.

Euro zone factories hit hard in June, job cuts rise
http://finance.yahoo.com/news/euro-zone-factories-hit-hard-080657776.html?l=1
Europe’s economy shrinking.

Demands grow for UK to consider cutting EU ties
http://news.yahoo.com/demands-grow-uk-consider-cutting-eu-ties-145033530--finance.html
U.K. is part of Euro Zone, but not the Euro money so it is much easier for them to pull out.

Tags :  U.S. economywall streetchinaeuro zoneUKEUeconomy
Comments (0)
Friday, June 29, 2012
Could the Republicans really repeal Obamacare?

Could the Republicans really repeal Obamacare?
http://news.yahoo.com/blogs/ticket/could-republicans-really-repeal-obamacare-091546012.html
Chief Justice Roberts actually changed the Affordable Health Care Act (Obama Care) making it a tax. This actually gives the people of the U.S. the option to actually repeal if the Republicans win the House, Senate and Presidency with a simple majority vote.

Gold climbs but still set for worst quarter in 8 yrs
http://finance.yahoo.com/news/gold-climbs-still-set-worst-105144178.html?l=1
This is a spike. Dollar Strengthening. Gold going down.

Treasuries Erase June Loss as Pimco's Gross Bets on U.S. Debt
http://finance.yahoo.com/news/treasuries-erase-june-loss-pimcos-010916303.html?l=1
Foreign investors are fleeing to the U.S. dollar.

Stocks Soar on EU Plans But ‘Relief Rally Will Be Short-Lived’ Says Schoenberger
http://finance.yahoo.com/blogs/breakout/stocks-soar-eu-plans-relief-rally-short-lived-141336998.html?l=1
More empty promises.

15 years after China takeover, Hong Kong uneasy
http://news.yahoo.com/15-years-china-takeover-hong-kong-uneasy-090925563--finance.html
Corruption.

Comments (1)
Thursday, June 7, 2012
Why Everyone Still Wants Dollars

Why Everyone Still Wants Dollars
http://finance.yahoo.com/news/why-everyone-still-wants-dollars.html?l=1
Spin article. No one will trust the euro, yuan, yen or ruble.

Greece Warns of Going Broke as Tax Proceeds Dry Up
http://finance.yahoo.com/news/greece-warns-going-broke-tax-165803529.html
Europe is trying to make this trivial. It is not trivial.

China rate cut, Fed stimulus hopes boost markets
http://news.yahoo.com/china-rate-cut-fed-stimulus-hopes-boost-markets-135717743--finance.html
Spin article. Fed is not going to do QE3.

Bernanke: No hints on QE3 from Federal Reserve
http://finance.yahoo.com/news/bernanke-no-hints-qe3-federal-140800248.html?l=1
Spin article. Fed is not going to do QE3.

Bernanke on Capitol Hill: What the Market Wants to Hear Today
http://finance.yahoo.com/blogs/breakout/bernanke-trade-watch-today-115501041.html?l=1
Spin article. Fed is not going to do QE3.

Bernanke: Fed could act if economy weakens
http://finance.yahoo.com/news/bernanke-fed-could-act-economy-140205227.html
Spin Article. Fed is not going to do QE3.

Dollar rallies on Bernanke, euro surrenders gains
http://news.yahoo.com/euro-more-one-week-high-vs-dollar-ahead-122740814--finance.html
Fed is not going to do QE3.

Tags :  dollarGreecetaxesFederal ReserveChinaBernankeQE3economyeuroEurope
Comments (1)
Wednesday, May 30, 2012
Oil falls to near $89 as Europe's economy falters

Spain rattles markets, Greeks warned of catastrophe
http://finance.yahoo.com/news/spain-rattles-markets-greeks-warned-100300736.html?l=1
Euro down, dollar up, gold down.

Oil falls to near $89 as Europe's economy falters
http://news.yahoo.com/oil-falls-near-89-europes-economy-falters-125436912.html
Euro down, dollar up, oil down.

Crude Oil Will Fall Below $80 a Barrel in June: Suttmeier
http://finance.yahoo.com/blogs/breakout/crude-oil-fall-below-80-barrel-june-suttmeier-134205679.html?l=1
Euro down, dollar up, oil down.

China promises support for 7 key industries
http://news.yahoo.com/china-promises-support-7-key-industries-114450413--finance.html
Yuan down, dollar up, gold down.

Tags :  oilGreeceEuropeSpainChina
Comments (0)
Tuesday, May 29, 2012
Gold Prices: Death Cross Signals Bubble Has Popped Says Suttmeier

Gold Prices: Death Cross Signals Bubble Has Popped Says Suttmeier
http://finance.yahoo.com/blogs/breakout/gold-death-cross-signals-bubble-popped-suttmeier-140251120.html?l=1
Confusing article, like most being put out. Dollar up, gold down.

Greek Exit Aftershocks Risk Reaching China
http://finance.yahoo.com/news/greek-exit-aftershocks-risk-reaching-043231557.html?l=1
Spin article, like most being put out. The U.S. consumes 90% of its own GDP. The U.S. is affected less by what happens outside the U.S. compared to inside. Forget about the rest of the world, concentrate on what is happening in the U.S. The rest of the world made their own bed, now they can sleep in it. Not the U.S.

Stocks Rise Even as Spain Starts to Follow the Greek Script
http://finance.yahoo.com/blogs/daily-ticker/stocks-rise-even-spain-starts-greek-script-132629180.html?l=1
Investment capital around the world is fleeing to the U.S. private sector, dollar and stock market.

Europeans lose faith in EU but few want to drop euro: survey
http://news.yahoo.com/europeans-lose-faith-eu-few-want-drop-euro-101607391--business.html
Investment capital around the world is fleeing to the U.S. private sector, dollar and stock market.

China to start direct currency trading with Japan
http://news.yahoo.com/china-start-direct-currency-trading-japan-101601751--finance.html
This will not last long. As the dollar strengthens, China will try to manipulate the currency market. This is not new. Countries have done this at specific times before for a very short period of time.

Tags :  gold priceGreecechinachinaEuropean Unionstock prices rise
Comments (0)
Friday, May 25, 2012
China's economy suffers 'sharp slowdown'

China's economy suffers 'sharp slowdown'
http://www.msnbc.msn.com/id/47561828/ns/business-us_business/
Note: This is much worse than is being reported.

Tags :  chinaeconomy
Comments (0)
Thursday, May 24, 2012
FDIC: Bank profits at highest level since 2007

FDIC: Bank profits at highest level since 2007
http://finance.yahoo.com/news/fdic-bank-profits-highest-level-140004456.html
U.S. banking system has recovered. Fed will be raising the interest rates soon. U.S. banks will start lending again. Velocity of the dollar will go up.

Economy trudges along despite Europe turbulence
http://news.yahoo.com/jobless-claims-little-changed-last-week-130611783--business.html
The U.S. exports 10% and consumes 90% of its GDP. China exports 67% and consumes 33%. Foreign economic problems affect the U.S. less.

Comments (0)
Tuesday, May 22, 2012
Euro Crisis: Why a Greek Exit Could Be Much Worse than Expected

U.S. Energy Policy…Brought to You by ExxonMobil
http://finance.yahoo.com/blogs/daily-ticker/u-energy-policy-brought-exxonmobil-124630698.html?l=1
The Private Sector is developing energy in the U.S. in spite of government regulation.

“What’s Geithner Thinking?” Treasury Grants China Direct Access to Buy U.S. Bonds
http://finance.yahoo.com/blogs/daily-ticker/geithner-thinking-treasury-grants-china-direct-access-buy-143939103.html?l=1
Old news (2011). Spin article. China is not buying U.S. bonds and treasuries, they are selling to cover their cash short fall from a slowing economy.

Argentina's long economic boom coming to an end
http://news.yahoo.com/argentinas-long-economic-boom-coming-end-134519962--finance.html
Slowing Economy.

Italy frees up to $38BN to pay overdue bills
http://news.yahoo.com/italy-frees-38bn-pay-overdue-bills-123021824--finance.html
Government is taking on more debt, slowing economy.

Euro Crisis: Why a Greek Exit Could Be Much Worse than Expected
http://news.yahoo.com/euro-crisis-why-greek-exit-could-much-worse-082511184.html
Slowing economies.

Comments (1)
Tuesday, April 24, 2012
Will the dollar become king again?

IT’S OFFICIAL: Keynes Was Right

http://finance.yahoo.com/blogs/daily-ticker/official-keynes-112244405.html?l=1
Liberal/Socialist propaganda. If Europe wants to do this, it is better for the U.S. because Keynes has not worked since it was started over a hundred years ago.

China had about 1.3 trillion in U.S. bonds and treasuries a year ago. Today they have about 1 trillion. The Chinese economy has been slowing. To make up for the short fall, China sold 300 billion U.S. bonds and treasuries. They are increasing the amount of U.S. currency in the world and putting pressure on the dollar to go down. This also puts pressure on the Euro and Yaun to go up. China does more trade with Europe. By selling these U.S. bonds and treasuries they have money to prop up the Chinese economy, keep the dollar down, and pushing the euro and Yaun up. The Federal Reserve reversed its policy on the U.S. dollar and is not weakening it anymore (no QE3). However, China is doing a QE3 by selling off the U.S. bonds and treasuries that they own. These U.S. bonds and treasuries were being kept to help China’s economy when they started having problems. The more U.S. bonds and treasuries that China sells into the market will only hasten the Federal Reserve to raise the interest rates and when that happens the dollar will become king again.

Tags :  chinaU.S. Bondschinese economyYaunEuroFederal Reservedollar
Comments (1)
Thursday, March 29, 2012
Chinese shares lead global retreat

Chinese shares lead global retreat
http://news.yahoo.com/chinese-shares-lead-global-retreat-100222606.html
Dollar up, commodity based economies down (China).

A.M. Kitco Metals Roundup: Comex Gold Slightly Lower Amid Bearish "Outside Market" Forces; Bulls Fading Again
http://www.kitco.com/reports/KitcoNews20120329JW_am.html
Dollar up, Commodities down.

Merrill, Morgan Stanley seen losing grip on rich
http://finance.yahoo.com/news/merrill-morgan-stanley-seen-losing-142818964.html?l=1
Tired of the con men just wanting a piece of the pie.

Comments (0)
Tuesday, March 20, 2012
Comex Gold Lower Amid A "Risk Off" Trading Day

Market mood turns sour on China fears
http://news.yahoo.com/market-mood-turns-sour-china-fears-141710703.html
Half truth article. The U.S. Private Sector (70% of U.S. GDP and 25% of world GDP) is not dependent on China. The U.S. consumes 90% of its own GDP, we only export and import 10% of our GDP.

Kuwait says Iran vows not to shut Strait of Hormuz
http://news.yahoo.com/kuwait-says-iran-vows-not-shut-strait-hormuz-144408213.html
There is no shortage of oil or gas in the U.S. Speculation and government regulation is the reason for high oil prices.

A.M. Kitco Metals Roundup: Comex Gold Lower Amid A "Risk Off" Trading Day In Market Place
http://www.kitco.com/reports/KitcoNews20120320JW_am.html
Europe is dealing with some debt issues today and tomorrow, Euro down, Dollar up, gold down.

Tags :  U.S. Private SectorChinaGDPKuwaitoil pricesEuropeGold prices
Comments (1)
Monday, March 12, 2012
The Fed Is Wall Street’s ‘Drug Dealer’: Lance Roberts

The Fed Is Wall Street’s ‘Drug Dealer’: Lance Roberts
http://finance.yahoo.com/blogs/daily-ticker/markets-addicted-qe-yes-fed-wall-street-drug-142857829.html
Why should Wall Street get and advantage the rest of us don’t.

Kitco Gold Brief: Gold Traders Wait For Bernanke

Gold Declines for First Time In Four Sessions on China Slowdown Concern
http://www.bloomberg.com/news/2012-03-12/gold-declines-with-commodities-on-slowing-chinese-economy-dollar-strength.html

Comments (1)
Monday, February 27, 2012
Debt Ceiling Fight: Coming sooner than expected?

World Bank to China: Reform your economy or face collapse
http://finance.yahoo.com/news/world-bank-china-reform-economy-111700677.html?l=1
More cracks in China’s economy.

Debt ceiling fight: Coming sooner than expected?
http://finance.yahoo.com/news/debt-ceiling-fight-coming-sooner-112400128.html?l=1
If Republicans win big in November, maybe they will make some real cuts in December.

Republican House bill would strip Fed's jobs mandate
http://news.yahoo.com/republican-house-bill-strip-feds-jobs-mandate-012420790.html
Carter added the mandate for the Fed to help with jobs, they have had very little success. There job is to protect the integrity of the dollar and every U.S. citizens hard earned wealth.

Comments (1)
Wednesday, February 8, 2012
Are Student Loans the Next Debt Bomb?
Are Student Loans the Next Debt Bomb?
http://finance.yahoo.com/news/student-loans-next-debt-bomb-143222311.html
This is an extremely important article.
 
Japan to slash use of a heavy rare earth as China tightens grip
http://news.yahoo.com/japan-slash-heavy-rare-earth-china-tightens-grip-093552135.html
China had 97% as of 6 months ago. It has dropped to 95% since California and Oregon allowed Molly corp to start strip mining for rare earth metals again.

Tags :  debtchinaeconomy
Comments (1)
Monday, January 30, 2012
What will happen to CD rates, the housing market, & gold?
What will happen with CD rates in 2012?
http://finance.yahoo.com/news/happen-cd-rates-2012-080124681.html
The Federal Reserve’s promise not to raise rates till 2014 will keep savings and CD’s rates down, banks will refuse to lend money, which will cause stagnation in private sector. Remember this is only a promise. They can change that decision any time they want. Dollar down, gold up.
 
Robert Shiller: A Housing Bottom? What Are They Thinking?
http://finance.yahoo.com/blogs/daily-ticker/robert-shiller-housing-bottom-thinking-134116144.html?l=1
The Federal Reserve’s promise not to raise rates till 2014 will keep savings and CD’s rates down, banks will refuse to lend money, stagnation in private sector.
 
Bernanke Gives the Green Light to Buy Gold! Says Trader
http://finance.yahoo.com/blogs/breakout/bernanke-gives-green-light-buy-gold-says-trader-132746098.html?l=1
 
China fuel prices hit trigger point for a hike
http://smallbusiness.yahoo.com/advisor/china-fuel-prices-hit-trigger-point-hike-033344729.html
China is losing more and more of its manipulated promised advantages. People do not believe China’s promises anymore.
 
Greece: Banks warn bond deal could delay merger
http://news.yahoo.com/greece-banks-warn-bond-deal-could-delay-merger-115201051.html
People do not believe Europe’s promises anymore.
 
Tags :  CD ratesFederal ReserveHousing MarketGoldfuel pricesChinabonds
Comments (0)
Friday, January 20, 2012
Gold steady for 3 weeks, but what happens when China stops buying?
GM regains crown as top-selling automaker, Toyota No.3
http://smallbusiness.yahoo.com/advisor/gm-regains-crown-top-selling-automaker-toyota-no-024254168.html
Because of overseas sales, if this dries up, GM will be in trouble.
 
U.S. shuts Megaupload.com, hackers retaliate
http://smallbusiness.yahoo.com/advisor/u-shutters-megaupload-com-hackers-retaliate-011423326.html
We are finally going after foreign theft.
 
Gold steady; heads for 3rd week of gains
http://smallbusiness.yahoo.com/advisor/gold-slips-below-5-week-high-060854032.html
China is buying gold and supporting the market. When they stop, gold will go down.
 
Public employees hit back in pension fight
http://news.yahoo.com/public-employees-hit-back-pension-fight-182520334.html
Going after the union pension plans.

Comments (1)
Monday, January 16, 2012
Euro Near 17th Month Low. The Dollar is Strengthening.
Euro near 17-month low vs dollar after mass downgrade
http://smallbusiness.yahoo.com/advisor/euro-near-17-month-low-vs-dollar-mass-054925823.html
Socialism is great until you run out of money. Europe is out of money which means the  Euro goes down,  and the dollar up.
 
China a harbinger for global slowdown
http://smallbusiness.yahoo.com/advisor/china-harbinger-global-slowdown-200245993.html
If you notice, the article states U.S. economy is the only economy that is growing, the U.S. is 25% of the world GDP, all money will fly to U.S., there is no world economy, just the U.S. economy.

Comments (1)
Tuesday, November 22, 2011
Europe and China: How are they affecting our economy?

China: The Global Grab for Resources
http://finance.yahoo.com/blogs/daily-ticker/china-global-grab-resources-133728399.html
China has a runaway economy. It has to keep above 10% growth or collapse. It is a commodity based economy. Dollar up, commodities down. China is headed for some big trouble.

Superfail: Why D.C.’s Fiscal Clown Show May Still Yield Results
http://finance.yahoo.com/blogs/daily-ticker/superfail-why-d-c-fiscal-clown-show-may-154122094.html
Gridlock, to bad do nothing is the best we can expect from congress and the president.

Europe Will Implode if ECB Doesn’t Act Soon: Bob Doll
http://finance.yahoo.com/blogs/breakout/europe-implode-ecb-doesn-t-act-soon-bob-130852936.html?l=1
Dollar up, U.S. Private Sector (70% U.S. GDP) up, economic allies of U.S. Private Sector up, U.S. stock market dip, everything else down.

Comments (1)
Monday, November 21, 2011
The U.S. private sector and dollar are strengthening. How does this affect commodities and gold?
Billionaires Duck Buffett 17% Tax Target Avoiding Reporting Cash to IRS
http://finance.yahoo.com/news/billionaires-duck-buffett-17-tax-050100281.html?l=1
Deferring taxes.

Grandma, Grandpa Spared From Bulk of Automatic Supercommittee Cuts
http://news.yahoo.com/grandma-grandpa-spared-bulk-automatic-supercommittee-cuts-110125139.html
Spin article. Trying to make democrats sound good. They did not do their job. Never planned to. This was just a delay. Each new Congress does not have to deal with a previous congress debt deals. The mandatory cuts do not cut in till the next congress 2013.

U.S. Corporate Credit Risk Gauge Climbs to 6-Week High on Budget Standoff
http://finance.yahoo.com/news/u-corporate-credit-risk-gauge-133703353.html?l=1
Spin article. Trying to make democrats sound good. They did not do their job. Never planned to. This was just a delay. Each new Congress does not have to deal with a previous congress debt deals. The mandatory cuts do not cut in till the next congress 2013.

A.M. Kitco Metals Roundup: Comex Gold Lower As U.S. Dollar Index Rallies, Commodity Markets Under Pressure
http://www.kitco.com/reports/KitcoNews20111121JW_am.html
U.S. private sector (70% of U.S. GDP) strengthening. World is fleeing to the Dollar. Dollar up, all commodities down, all emerging economies down and all foreign currencies down.

Wall Street sinks on global debt worry
http://finance.yahoo.com/news/stock-futures-signal-weaker-wall-093001276.html?l=1
U.S. private sector (70% of U.S. GDP) strengthening. World is fleeing to the Dollar. Dollar up, all commodities down, all emerging economies down and all foreign currencies down.

Global economic outlook grim, China tells U.S. trade talks
http://finance.yahoo.com/news/global-economic-outlook-grim-china-042547237.html?l=1
U.S. private sector (70% of U.S. GDP) strengthening. World is fleeing to the Dollar. Dollar up, all commodities down, all emerging economies down and all foreign currencies down.

Oil near $97 after China leader negative on growth
http://finance.yahoo.com/news/oil-near-97-china-leader-081656153.html?l=1
U.S. private sector (70% of U.S. GDP) strengthening. World is fleeing to the Dollar. Dollar up, all commodities down, all emerging economies down and all foreign currencies down.

Comments (1)