Today’s employment report is a game changer. The move since the first of the year, partly led by the FED and Bernanke, has been a lower dollar and lower interest rates. Now interest rates are turning up and the dollar is…Continue Reading →
There is no question that the CEO’s of the Fortune 500 companies put company before country, and much, probably the majority of the investment community would agree with that focus. Since the beginning of this country the battle between US…Continue Reading →
Ben must have stayed awake many nights to try and figure out how to setup yesterdays releases and interviews. My clue is an old saying “a guy with a gun who says don’t mess with me, I have more bullets”…Continue Reading →
A new year and we are starting out with all asset prices pointing higher, stocks, oil, gold, etc. Why not, 2011 was not a fun year for many Wall Street investors and the January effect needs at least to be…Continue Reading →
And they don’t seem to realize that Merkle had the spray can. The gradual selloff in gold over the past two trading days will turn into a rout when they realize that the last part of their funny money dream, a…Continue Reading →
Sometimes things just jump out at you. At the moment it is there is no reason to own gold. The coordinated loan action between the world’s central banks is not an inflationary move. It has added some liquidity to cover…Continue Reading →
We and the markets got a surprise yesterday. It is not QE3 but more like QE3 light and had its effect. The important thing now is where the new liquidity goes. If the banks keep it out of the hands…Continue Reading →
For the next few days we are viewing the S&P 500 as a 1177 to 1207 trading range and will be buying back the half of our long position that we sold out yesterday at 1202. The QE3 dreamers on…Continue Reading →
The setup for the long S&P short Gold trade got some more traction in the last 24 hours as Merkle maintains an anti-inflation stance for Europe and the Fed minutes went into “the happy talk phase” which encourages some observers…Continue Reading →
In watching the CNBC Republican Debates last night one can only come to one conclusion. George Bush trashed the Republican Party and the trash cleanup crew (tea baggers) are running around throwing nuts to the people. This is a very…Continue Reading →