theyenguy's  Instablog

theyenguy
Send Message
I am not an investment professional. I do not engage in stock or currency trading. I am a blogger and investor who believes currency deflation has created an investment demand for gold, and that gold bullion is the sole means of wealth preservation. The chart of gold, $GOLD, reveals that with... More
My company:
Economic Review Journal
My blog:
EconomicReview Journal
  • The Seigniorage Of Neoliberalism Fails Once Again as Shanghai, And Mining Shares Trade Lower 0 comments
    Apr 25, 2011 5:33 PM | about stocks: EDV, ACWI, VSS, BWX, CAF, SIL, GDX, GDXJ, EPU, KOL, THD, YAO, HAO, MES, VT, FONE, WOOD, SCIN, INDY, LATM, CBG, UFI, MON, IP, MU, TSM, CAR, DBB, CUT
    Financial Market report for April 25, 2011

    Inflation destruction and the exhaustion of the quantitative easing turned world stocks, ACWI, and the world small cap stocks, VSS, lower today.


    Inflation destruction is seen in the Wall Street Journal report Truckers idle rigs in Shanghai and the Bloomberg report that China Stocks Drop to 3-Week Low as Rising Oil Prices Boost Inflation Risk. China’s stocks fell, driving the benchmark index to the lowest level in three weeks, as higher oil prices boosted concerns inflation will accelerate and spur more policy tightening measures.   

    ETFs trading lower included
    Shanghai Shares, CAF, -2.1
    Silver Miners, SIL, -3.1
    Gold Miners, GDX -2.2
    Junior Gold Miners GDXJ, -3.1
    Peru, EPU, -1.7
    Coal, KOL, -1.5
    Thailand, THD, -1.3

    Middle East , MES, -1.0
    China Small Cap, HAO -1.0
    Timber Producers, WOOD, -1.0
    Apple Ecosystem, FONE, -1.0
    India Small Caps, SCIN, -1.0
    China Small Caps, HAO, -1.0
    India, INDY, -1.0
    Latin America, LATM, -1.0

    Stocks trading lower included
    Real Estate: Property Management: CB Richard Ellis, CBG, -3.8
    Textiles: Unifi. UFI, -1.8
    Agriculture, Monsanto, MON, -2.3
    The Morgan Stanley Cyclicals Index: Paper: International Paper, IP, -1.5
    Semiconductors: DRAM Chips: Micron Technology, MU, -1.7
    Taiwan Semiconductors, TSM, -2.2
    Zip Car, ZIP, -3.4

    Base Metals, DBB, and Timber, CUT, traded lower included

    The failure of seigniorage is seen in the World Stocks relative to World Government Bonds, turning lower, VT:BWX




    And the failure of seigniorage is seen in the the HUI Precious Metal Mining Stocks Relative To US Treasuries turning flower GDX:EDV.





    In today’s news on the war of terror

    Bloomberg reports Taliban Helps 500 Prisoners Break Out of Afghanistan Jail. Taliban guerrillas tunneled into the main jail in Kandahar, the southern Afghan city at the center of their fight with U.S. forces, releasing about 500 prisoners including insurgent commanders.
    Stocks: EDV, ACWI, VSS, BWX, CAF, SIL, GDX, GDXJ, EPU, KOL, THD, YAO, HAO, MES, VT, FONE, WOOD, SCIN, INDY, LATM, CBG, UFI, MON, IP, MU, TSM, CAR, DBB, CUT
Back To theyenguy's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.