CPST1

Thursday Outlook: Commodities, Global Markets

Is it really an asset bubble or the path of least resistance?

What Is Even More Enticing than Gold? Silver

In the 70's and 80's there were extraneous factors that contributed to the rise in the price of silver. Mostly an attempt to corner the market as written in the book, "The Silver Bears"

Today, if there was a massive sell off of gold then what asset, or resource could be considered as valuable?

If a comparison is drawn to the price of gold to that of the demand for oil, then one might consider the aspect of exchanging the sale of oil for the purchase of gold. Considering oil cost $2.50 a barrel to produce it seems reasonable to buy gold from the sale of oil and purchase currency only when and where it is needed.

What's Another $1.15 Trillion?

What's Another $1.5 Trillion?

More fuel for the fire.

Winners and Losers in the Bailout Bonanza

Where do you find that the bailout forgives the debt or the loan? Nor is it a write off. The tax ramifications or how this looks to the IRS is going to make this a tangible deal or not, and the meter is running. The plan is not a relief package for the parties involved so they each walk away freely from their obligations.

It's a bum loan that can't be covered for which; you and your bank are each paying interest on the obligation. I count two interest payments now instead of just one, plus the discount on equity.