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  • Gold's (GLD -0.9%) tumbled to new bear market lows in the last few minutes, now just a few dollars above $1,200 per ounce. When all else fails, check with the technicians - one isn't seeing support until the $1,150 area.  [View news story]
    I agree..the computer jocks got it down so they can load much money being printed and they know it too...
    Jun 27, 2013. 01:52 PM | Likes Like |Link to Comment
  • The Fed rolls out yet another speaker to reassure the market its candy won't be taken away. Governor Jerome Powell tells an audience spiking bond yields are larger than can be justified by any "reasonable assessment" of the path of FOMC policy. No doubt an accomplished man, Powell's bond fides as a fixed income trader are unknown. Earlier: Dudley.  [View news story]
    Its weird how there are so many different interpretations on the FED...if this was a company the stock would go to many stories being told....I wonder why....I think it was a test they are scared to death..because they know if they do will crash the markets....and bankrupt the country
    Jun 27, 2013. 11:01 AM | 3 Likes Like |Link to Comment
  • Toyota (TM) will unveil its hydrogen-powered sedan at the Tokyo Motor Show in November. The world's top automaker by sales is a leader in fuel cell technology and could be the first major with a mass market offering in the segment.  [View news story]
    Its a long way off...but a better option I think
    Jun 27, 2013. 08:20 AM | Likes Like |Link to Comment
  • Nice timing for TransCanada (TRP) in today's Natural Resources Council report that says heavy crude oil to be carried by the proposed Keystone XL pipeline poses no greater risk of a spill than other types of oil, and that moving diluted bitumen through pipelines poses no special leak risks. (earlier[View news story]
    Yes they will.Because they hate oil and gas...someday we will build because we will need it....cut off from other supplies...but remember Buffett is a big Obama his railroad has priority
    Jun 25, 2013. 07:50 PM | 1 Like Like |Link to Comment
  • "We're in a highly levered economy where households can't afford to pay much more interest," writes Bill Gross, noting monthly payments on a 30-year mortgage have jumped 20-25% since January and mortgage applications have plummeted 39% in 2 months. He's not buying Bernanke's tough talk given the reality of our economy and the chairman's "helicopter" reputation. "Investors selling Treasurys (TLT, TBT) in anticipation the Fed will ease out of the market might be disappointed."  [View news story]
    I don´t see how they can get out of the drug trade they have us in...we are dependent on it now..and will want more in the future...we see a little up tick in rates and the world is coming to an trillions a year from here on out...there is no cutting spending in congress..just adding expenses with Obamacare and Amnesty...
    Jun 25, 2013. 05:08 PM | 4 Likes Like |Link to Comment
  • More on Smith & Wesson (SWHC): FQ4 beats across the board as total sales jumped 37.6% Y/Y. Demand was high across virtually all product lines, constraining production capacity which resulted in additional growth in its order backlog. For FQ1, the company expects net sales to be between $162M and $167M, which would represent year-over-year growth of approximately 21% at the midpoint. Analysts are expecting $141M in net sales.  [View news story]
    wait till the Travor Martin verdict...another big selling opportunity
    Jun 25, 2013. 05:00 PM | Likes Like |Link to Comment
  • Pres. Obama begins his speech on climate change. The president makes it clear the State Department should approve the Keystone XL pipeline (TRP +1%) only if it will not lead to a net increase in overall greenhouse gas emissions.  [View news story]
    Its easy to destroy our economy..just watch this move....raise energy costs way up...that is always good for companies and individuals...
    Jun 25, 2013. 02:53 PM | 4 Likes Like |Link to Comment
  • More on gold (previous): The sell side is bailing fast. Deutsche Bank cuts metals forecasts across the board, including gold and silver (SLV), citing the slowdown in China and the turn in the U.S. interest rate cycle. Reading the same newspapers, Credit Suisse follows suit. Having already slashed gold, Goldman moves on to copper (JJC), lowering both its near-term and longer-term outlooks on China growth worries.  [View news story]
    nothing has changed in the real world....the financial "markets" are a joke...
    Jun 25, 2013. 07:54 AM | 12 Likes Like |Link to Comment
  • The French government is at it again: two months after thwarting Yahoo's attempt to acquire video site Dailymotion, the Hollande administration plans to introduce a law banning Amazon (AMZN) from simultaneously offering discounts and free delivery on book sales in the country, arguing it amounts to unfair competition for local booksellers. Like other European countries, France already prohibits booksellers from discounting a title by more than 5% from its list price.  [View news story]
    Government price fixing....this is why the French are so well cigs and lattes.....
    Jun 21, 2013. 09:39 AM | 1 Like Like |Link to Comment
  • Launching today is iShares' MSCI Colombia Capped ETF (ICOL), offering investors exposure to the "new Brazil" (let's hope for better than the recent performance of the Bovespa). At the moment, the largest sector weighting is financials (34%). Following that is energy (32%) and utilities (15%).  [View news story]
    GXG the other ETF for Colombia is down quite a might be buying in at the lows....but sales are slowing down here...exports are we might have a way to go down..
    Jun 20, 2013. 11:17 AM | Likes Like |Link to Comment
  • Bernanke press conference: Should projections hold, Bernanke sees QE ending "around mid-year" 2014 and the unemployment rate being about 7% at that time. Responding to a question, he says the FOMC stands ready to quickly adjust - i.e. fire purchases back up - should it prove to have made a mistaken forecast. Stocks (SPY -0.5%) and Treasurys (TLT -1.2%) are at session lows.  [View news story]
    He said everything is fine..getting better...but we can´t quit our crisis mode...does not make sense to me.....he is lying....wait until Obamacare takes out a few thousand businesses....
    Jun 19, 2013. 03:49 PM | 9 Likes Like |Link to Comment
  • While Amazon plots a big expansion of its U.S. grocery delivery business, eBay's (EBAY) Indian site has begun selling food/grocery items through a section called eBay Daily. 1,600 products, generally packaged goods, are available for sale. eBay's move comes a couple months after it led a $50M funding round for local e-commerce marketplace Snapdeal, and a year after it announced plans to invest heavily in the Indian market, where e-commerce penetration is still low and Amazon (AMZN), which just launched an Indian marketplace site, has been slowed by foreign investment rules.  [View news story]
    Down here in Colombia we have Domacilios..little motor bike guys that deliver anything for about $1.50.....its third world country....but that is the USA´s future....
    Jun 19, 2013. 01:40 PM | Likes Like |Link to Comment
  • Paris Air Show: United Tech (UTX) unit Pratt & Whitney wins order for 200 engines from International Lease Finance to power Embraer's E-Jets E2 planes, for 100 engines from Norwegian Air Shuttle for Airbus A320 aircraft, and for 60 engines from Air Lease Corp for A320/A321 jets. P&W now has over 4,500 orders and commitments.  [View news story]
    How do you just buy an must be an option on these Sirius radio or something????? LOL
    Jun 19, 2013. 10:29 AM | Likes Like |Link to Comment
  • Brazil (EWZ, BRF) has to be nearing a bottom. After a couple of years of struggles for both the economy and the Bovespa, the eulogies are beginning to be written for the planet's next great country, lately been beset by waves of protests and evaporating support for President Rousseff. "The golden days are over, the feel-good factor is lost," says an economics professor. "It was a short-lived dream," says a struggling electrician.
       [View news story]
    On the other hand they assumed the gravy train was always going to be there so they signed up for the World Cup and the Olympics....both big cash drains....then the market turned...I think they are going to be short the cash to do the Olympics.....and it will hurt them in thel ong term....
    Jun 19, 2013. 09:48 AM | Likes Like |Link to Comment
  • Obama "essentially fired Ben Bernanke on the spot," says ex-Fed Governor Larry Meyer, commenting on the President's remarks during an interview yesterday (he's stayed a lot longer than he was supposed to). Meyer also notes the "tepid" testimonial from the President following that line. "It's time to really now focus on who the next chairman might be."  [View news story]
    I would never take the job at this are set up for failure....big are you going to unwind what you can´t....and all you can do is blow more bubbles...
    Jun 19, 2013. 08:43 AM | 6 Likes Like |Link to Comment