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Posts Tagged ‘The Daily Capitalist’

Impact Of Germany’s Gold Repatriation

February 4th, 2013

record gold holdingsKeith Weiner: Germany has announced that it plans to take home all 374 tons of its gold stored at the Banque de France, and 300 out of 1,500 tons held at the Federal Reserve Bank of New York. Read more…

NYSE:AGQ, NYSE:GLD, NYSE:IAU, NYSE:SLV, NYSE:UGL

Gold Getting That Old Shiny Look Again (GLD, SLV, IAU, UGL, AGQ)

January 17th, 2013

record gold holdingsThe Daily Capitalist: Nothing really has gone wrong with the fundamental gold story since it reached its current price in the summer of 2011.  This period was, as we remember, one of feigned panic amongst the media that the United States would actually default on its Treasury obligations. Read more…

NYSE:AGQ, NYSE:GLD, NYSE:IAU, NYSE:SLV

Stock Market Investors Have To Fear The Lack of Fear Itself

January 15th, 2013

bullish buyThe Daily Capitalist: Things have come to a pretty pass.  The advance may be growing flat.  I say stocks are risky.  But they say that’s old hat.  Goodness knows what the end will be...  (Apologies to George and Ira Gershwin.) Read more…

NYSE:DIA, NYSE:IWM, NYSE:SPY, NYSE:VXX, NYSE:VXZ

Chinese Stocks Break Out

December 14th, 2012

The Daily Capitalist: Many have noted the disconnect between the restrained strength of the recovery of the U.S. economy from recession and the elevation to near record levels of the U.S. stock markets.  A sort of equal and opposite event may have been occurring in China.   Read more…

NYSE:EEM, NYSE:FXI, NYSE:FXP, NYSE:VWO

German’s Incomplete Economic Recovery Supports the Bond Bull Market

December 10th, 2012

The Daily Capitalist: Germany’s national economic statistical repository provides an interesting set of graphs that correlate with the collapsing interest rate structure in that country.  Two-year bunds now yield a negative 0.08% per year.  The 10-year bund yields 1.27%, down from Read more…

NYSE:IEF, NYSE:SHY, NYSE:TBF, NYSE:TBT, NYSE:TLT

Fed Hints That QE Is Here To Stay; Implications May Continue To Be Bullish For Treasury Bond Prices

December 7th, 2012

The Daily Capitalist: The Fed is hinting that quantitative easing is here to stay:  there may be no unwinding of its expanding balance sheet in 2015.  Bloomberg.com reports (LINK): Read more…

NYSE:IEF, NYSE:SHY, NYSE:TBF, NYSE:TBT, NYSE:TLT

What Next For The Stock Market?

November 30th, 2012

The Daily Capitalist: In a recent post, I presented evidence that there is in many circles a great deal of optimism about the future for the U.S. economy.  Evidence for the extent of this optimism continues to accumulate, and not only for the U.S.  Bloomberg.com reports Read more…

NYSE:DIA, NYSE:SPY

Markets: Recent Data Does Not Point To An Imminent Economic Upturn

November 28th, 2012

The Daily Capitalist: In a recent post, I demonstrated that there is a large amount of optimism amongst many Keynesians.  The general consensus was that if only the Fed could be allowed to perform more quantitative easing and thus allow the “fiscal cliff” issues to be deferred to yet a later date Read more…

NYSE:DIA, NYSE:SPY

Why Chinese Stocks Could Be Signaling Lower Lows In U.S. Interest Rates?

November 28th, 2012

The Daily Capitalist: What do Chinese equities have to do with U.S. interest rates?  Perhaps more than one would think.  This is a multi-year chart of the Shanghai Composite (stock) Index: Read more…

NYSE:EEM, NYSE:FXI, NYSE:FXP, NYSE:VWO

2008-Type Possibilities More Prominent As France Moves Closer Toward Hard Times

October 1st, 2012

The Daily Capitalist: AEP of the U.K.’s Telegraph shows us why Europe’s problems are now less likely to stop with Spain (NYSEARCA:EWP) or even Italy(NYSEARCA:EWI).  A greater disaster than I previously feared could be hoving into view.  Here are some quotes Read more…

NYSE:EWI, NYSE:EWJ, NYSE:EWP, NYSE:VGK

The Fed May Fire Multiple Bazooka Rounds: Housing Bubble 2.0 Ahead? (PHYS, GLD, SLV, AGQ)

September 14th, 2012

The Daily Capitalist: Two decades ago, Dana Carvey got laughs by imitating President George H. W. Bush and saying:  “Wouldn’t be prudent”.  Those were “prudent” times- the Perot balanced budget movement, the recurrent tax rises to deal with budget deficits Read more…

NYSE:AGQ, NYSE:GLD, NYSE:PHYS, NYSE:SLV

QE3: Is The Federal Reserve Panicking?

September 14th, 2012

Jeff Harding: Here is the Fed Open Market Committee’s announcement of November 25, 2008 announcing the implementation of QE1, a $600 billion bond purchase program: Read more…

NASDAQ:QQQ, NYSE:DIA, NYSE:IWM, NYSE:SPY

“Risk On” and “Risk Off” Are Different Now (IWM, INDEXSP:.INX, SPY)

August 27th, 2012

The Daily Capitalist: Three days ago I put up a post arguing for a “risk off” portfolio positioning.  This extends that thinking. Read more…

NYSE:IWM, NYSE:SPY

Gold: A Most Civilized Investment (GLD, IAU, SLV, PHYS, SGOL)

May 15th, 2012

Robin Koerner:  On Last Friday, Warren Buffett’s right-hand man and Berkshire vice chairman, Charles Munger, told CNBC, “Gold is a great thing to sew into your garments if you’re a Jewish family Read more…

NYSE:GLD, NYSE:IAU, NYSE:PHYS, NYSE:SGOL, NYSE:SLV

Is Inflation, A Stagnant Economy, And Lower Standard Of Living In Our Future? (GLD, SLV, IAU, SGOL, UUP)

March 27th, 2012

Dr. John Chapman:  Introduction: The Prologue to Today and the Current Situation Summarized:  On August 15, 1971, President Richard Nixon unilaterally terminated U.S. obligations under the 27-year old Bretton Woods monetary framework, and with it the U.S. Dollar link to gold.  The world became at once a Read more…

NYSE:GLD, NYSE:IAU, NYSE:SGOL, NYSE:SLV, NYSE:UUP




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