By: Terence Gillespie The paper bills in our wallet are not money. And they are not Notes as in “Federal Reserve Note” written on the top of the bill. They are actually…
Credit Card Noose Tightens in Deflation
By: Rick Ackerman, Rick’s Picks When B of A spokesman Lawrence DiRita turned up on the evening news not long ago to assure listeners that his employer was willing to work on…
New Video Released – Why You Should Be Learning Options Now
Hi, I’d like to personally invite you to watch an exciting video that just came my way from the guys at Options University… http://www.optionsuniversity.com/iscript.php?3440_A97484_21668 I reviewed the video myself, and I must…
Fed Promises Easy Money for an Extended Period
by Claus Vogt Every few weeks the world’s most powerful and influential central bankers — those in charge of the world’s number one reserve currency, the U.S. dollar — come together in…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s recovery from 985.5 extends further and break of 1001 minor resistance argues that fall from 1025.8 has completed already. Intraday bias is flipped back to the upside for…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s recovery from 15.76 is still in progress and is now pressing 4 hours 55 EMA. Some more rise might still be seen but after all, risk remains on…
Crude Oil Daily Technical Outlook
Nymex Crude Oil (CL) Crude oil’s consolidation from 65.05 is still in progress and recovery might continue further. But upside is still expected to be limited well below 71.11 resistance an bring…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Outlook in natural gas remains unchanged. A bottom should be formed at 2.409 already and further rise is still expected as long as 3.635 support holds. Current rebound…
Commodities Strengthen as IMF Upgrades Credit Market Outlook
Crude oil price rebounds above 67 in European morning as USD retreats. IMF’s improved outlook on global credits, strong China PMI and Japan industrial output data also revive market expectations on economic…
Oil Fell amid Weaker-than-expected Eco Data and Inventory Builds
The energy complex ended the day with mixed performance. WTI crude oil rose to as high as 67.3 before pulling back and settling at 66.71, -0.2% as US consumer confidence index was…