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| RATIOS & INDEXES |
| Gold / Silver | 63.33 |
| Gold / Oil | 13.87 |
| Dowjones / Gold | 11.26 |
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 | Articles related to recovery |  |
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 | The Energy Report |
| Fadel Gheit: Avoid the Middle East, Invest in US Refineries |
| The Energy Report: During your last interview in March, you said that oil prices were inflated by about 30% based on replacement costs of about $70/barrel ($70/bbl). Do you still believe that or are prices more realistic today?
Fadel Gheit: Nothing really changed over the course of the year. Oil prices are still inflated. I still stand by my estimate that oil should be trading between $70 and $80/bbl, not $90 or $100/bbl.
TER: What are your top picks among the large-cap exploration and productTuesday, June 18, 2013 |
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 | Julian D. W. Phillips - Gold Forecaster |
| Gold & Silver Market Morning |
| Gold Today -New York closed at $1,383.70 on Monday. Asia took the price to $1,378.45 ahead of London's opening. In London it was Fixed at $1,378.50 down $7.50 and in the euro at ?1,030.346 down ?5.20 while the euro was slightly stronger against the dollar at ?1: $1.3379. Ahead of New York's opening gold stood at $1,378.40 and in the euro at ?1,030.50. Silver Today - Silver closed at $21.83, up 8 cents in New York on Monday. Ahead of New York's opening silver stood higher at $21.80.Gold (very shoTuesday, June 18, 2013 |
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 | Jeffrey Nichols - Nichols on Gold |
 Suffering Gold |
| Gold continues to suffer under a cloud of bearish expectations. Its price has been trending lower for some 20 months now - and, at recent lows, it is off some 30 percent from the September 2011 all-time high of $1924.
A growing number of investors, analysts, and journalists are already writing obituaries for the decade-long bull market and foresee only a grim future for the yellow metal. These naysayers, most prominently economist Nouriel Roubini who gained some renown for predicting the finanTuesday, June 18, 2013 |
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 | Mac Slavo - ShtfPlan |
| They Know: Billionaires Are Quietly And Rapidly Dumping Millions of Shares of Stock |
| After the massive crash that rocked global markets in 2008, as Congress, central bankers and major financial institutions met in secret to mitigate the crisis, billionaires like Warren Buffet were buying up shares of some of the hardest hit companies.
At the time, the world was literally on the brink of an unprecedented economic collapse. It was so serious, in fact, that members of Congress were told that should they fail to come to an agreement the fallout would leave the United States in suchTuesday, June 18, 2013 |
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 | Jesse - Le Café Américain |
| US Civilian Employment To Population Ratio Since 1970 |
| What recovery was that again?
The lower employment to population ratios of the early post war decade were more manageable because it was prior to the long wage stagnation despite rising productivity.
It was also an era when single worker households were able to maintain a livable income.Tuesday, June 18, 2013 |
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 | Mish - Global Economic Analysis |
| Pettis on China, Europe, Japan: Bad News for Those Looking for Growth |
| Via email here is another update from Michael Pettis at China Financial Markets. What follows is from Michael Pettis.
Special points
Europe is attempting to resolve domestic imbalances by forcing them onto their trade partners. This will end badly, especially for Germany.
China’s new lending, exports, investment, housing starts and GDP growth all continued to slow in May. Many of the numbers came in well below market expectations.
This is par for the course. Although we may from time to timeTuesday, June 18, 2013 |
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 | Michael Pento - Delta Global Advisors |
| Market Calls Fed's Bluff |
| The Fed has recently expressed a desire to begin winding down its Quantitative
Easing program in the next few months. This would be the first step towards
the eventual raising of interest rates. Mr. Bernanke and the other members
of our central bank believe the normalization of interest rates would occur
within the context of robust markets and rising GDP growth.
However, it seems the Fed has only succeeded in duping some perennial bulls
(and possibly even trying to convince itself) inMonday, June 17, 2013 |
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 | Florian Grummes - The Silver GoldSpot |
| Gold and Silver |
| Update 17th of June 2013
Arguments for lower prices:
Still valid MACD sell signal for Gold on the monthly chart.
Gold still in well defined downtrend.
If Gold moves below US$1,340.00 we should see a test of US1,320.00 followed
by a break of the multi-year uptrend. Already hourly close below US$1,359.00
would be critical.
Investors still moving out of Gold ETFs. The SPDR Gold Shares Fund (GLD)
is now holding only 1,003.53 tons of Gold .350 tons of Gold have bMonday, June 17, 2013 |
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| Mac Slavo - ShtfPlan |
Gold Buying Panic In China: 10,000 People Wait In Line For Their Chance to Own Precious  |
| One day in the near future Americans will finally realize that their money is being devalued at a rapid pace. For the time being the price increases are somewhat muted by official announcements of inflation being under control at around 2% and purported economic recovery on the horizon. The Federal Reserve and the US government are doing everything in their power to maintain a perception of stability.
But what happens when all the machinations are proven to be fruitless during the next stock marMonday, June 17, 2013 |
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 | John Rubino - Dollar Collapse |
| Developing Crisis in the Developing World |
| Things have been a little erratic lately here in US, but not really headline-worthy.
The economy continues to grow, sort of, houses continue to sell and stock
and bond prices fluctuate but can't seem to follow through in either direction.
We are not, in short, engulfed in any kind of crisis.
But out in the world, especially in once-hot emerging markets like Brazil
and China, the story is very different. As Prudent Bear's Doug Noland explains
in his
most recent Credit Bubble BulSunday, June 16, 2013 |
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 | Tim Iacono - Iacono Research |
| Sentiment Slips, Still Near Recovery High |
| After reaching a recovery high last month, the Reuters/University of Michigan consumer sentiment index retreated in the first of two readings for June, falling from 84.5 to 82.7, due to a large decline in how Americans see their present situation.
While the current conditions index fell from 98.0 to 92.1, the expectations index edged higher, from 75.8 to 76.7, near the recovery high seen last year.
Not surprisingly, lower-income households were less positive about the economy than other groupFriday, June 14, 2013 |
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