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| RATIOS & INDEXES |
| Gold / Silver | 61.99 |
| Gold / Oil | 14.77 |
| Dowjones / Gold | 11.04 |
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 | Articles related to Canada |  |
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 | Tim Iacono - Iacono Research |
| Friday Morning Links |
| MUST READS
Japan the Model – Krugman,NY Times
Drowning in a Liquidity Trap? – Mises
Nikkei Goes for Wild Ride for Second Day – CNBC
Market turbulence poses first test for Abenomics – Reuters
Japan Market Crash: A Slow Leak in the “Central Bank Bubble” – Time
Bank’s Lobbyists Help in Drafting Financial Bills – NY Times
Jack Lew: Treasury Secretary and Oblivious Bank Shill – bluZink
Fed’s Bullard wants inflation pickup before tapering QE – Reuters
Overdue Student Loans Reach Fresh Record – BloombeFriday, May 24, 2013 |
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 | Florian Grummes - The Silver GoldSpot |
| Gold and Silver |
| Arguments for lower prices:
In April gold finally broke down from huge descending triangle and out
of 2 year sideways zone. The old support between US$1,520.00 and US$1,540.00
now is massive resistance. It will take more time to regain this level.
Still valid MACD sell signal on monthly chart
Gold still in well defined downtrend
If gold falls below monday´s low around US$1,340.00 we should see
a test of US1,320.00 followed by a break of theFriday, May 24, 2013 |
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| Bullion Vault |
| Bullion Rallies Despite "Losing US Fed Prop" as Stock Markets Sink on Weak China Data |
| BOTH gold and silver rose in Asian and London trade Thursday morning,defying a sharp slide in global stock markets to gain 3.0% rally fromyesterday's sharp sell-off. Commodity prices fell as major governmentbonds rose but weaker Eurozone debt slipped, pushing interest rates higher. Tokyo's Nikkei index - up by 85% fromNovember- dumped more than 7% after new data showed a surprise contraction inChina's manufacturing sector. Private "retail" investors have"abducted" the Japanese stock market, accoThursday, May 23, 2013 |
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 | The Energy Report |
| Matt Badiali: Why Bill Powers Is Dead Wrong |
| The Energy Report: Are we truly facing peak cheap oil with all the easy stuff already out of the ground? Why is oil still at $95 per barrel ($95/bbl)?
Matt Badiali: The main reason we're still at $95/bbl, with demand falling and production rising is exports. It's been illegal to export crude oil from the U.S. since the '70s. However, refiners have gotten around this rule by exporting "finished products" like gasoline diesel fuel, for example.
Remember, Europe and Asia are paying a lot more peThursday, May 23, 2013 |
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