Pass through price pressures due to rising oil are rapidly abating. A trio of charts on a daily, weekly, and monthly basis provide a good picture. Crude Daily Chart Crude Weekly Chart Crude Monthly Chart Inflation Hawks Worried Crude closed
March 12, 2017
The question on the lips of everyone who plans to exchange his metal for dollars—widely thought to be money—is why did silver go down? The price of silver in dollar terms dropped from about 18 bucks to about 17, or about
If nothing else, this will win the Fewest Number Of Bars in a Chart award for the entire history of this blog. I honestly didn’t think I’d be shorting SNAP, but frankly I think the mania over it is so completely misguided that
Simon had Garfunkel, Batman had Robin, Hall had Oates, Dr. Evil had Mini Me, Sonny had Cher, and Malone had Stockton. In the investing world, Buffett has Munger. Charlie Munger is one of the most successful and famous wingmen of
Gold: The commodity closed lower the past week but it looks to trigger corrective recovery. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through
In the Roman calendar, the Ides of March was the same as March 15th in today’s calendar. This date was not significant until Julius Caesar was assassinated on 15 March 44BC. Shakespeare then coined the phrase “Beware of the Ides
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All eyes turn to the Federal Reserve this week as Janet Yellen and company meet on Tuesday and Wednesday for their quarterly meeting. A rate hike, which was considered more likely than not recently, has become a virtual lock with
Talking Points: Oil Prices fell on Tuesday as supply shortage from OPEC may not extend Gold on longest losing run since October Gold pushes lower on appreciating UST 10YR Yield & USD Ahead of NFP Oil Price Forecast: Is the Bear on
While Europe is certainly not turning bullish, what we do see is a bounce due to the fundamental focus of the US debt ceiling battle looming on the horizon. Naturally, the press will be blaming Trump so we should
