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  • Galena ups Abstral guidance but SEC investigation dampens the mood [View news story]
    Typo. They mean 40 years of zero enforcement, lots of applying lips to rumps, knowledge of who needs to be paid off, etc. More of the usual.
    Mar 17 10:38 PM | 2 Likes Like |Link to Comment
  • Stocks surge as markets take Crimea vote in stride [View news story]
    Hmmm, so investors(?) brushed off China defaults, Crimea, Italian banks, and almost every possible negative indicator from the U.S. economy. An idiot could see the Fed has decided it's easier to buy the index and smash gold then continue QE.
    Here comes the bail-ins.
    Mar 17 07:31 PM | 2 Likes Like |Link to Comment
  • Reuters/UofM Consumer Sentiment at 79.9 [View news story]
    Hmmm, they must have interviewed someone from the 99%
    Mar 14 10:08 AM | 6 Likes Like |Link to Comment
  • Gold to 6-month high amid Ukraine worries [View news story]
    Kerry couldn't negotiate a ceasefire at a peace rally. Unless he says Putin can keep Crimea, 1/2 of east Ukraine, and throw bananas at Obama gold will be at $1450 Monday morning.
    Mar 14 09:52 AM | 9 Likes Like |Link to Comment
  • Deutsche latest to tip off slow Q1 [View news story]
    Crap. This is sounding like only a 20% increase to the bonus pool for next year.
    Mar 13 03:55 PM | Likes Like |Link to Comment
  • Rush of money into gold ETFs [View news story]
    I believe they took it off because it was wildly inaccurate. The plots did not match the on-the-hour reports or the gold prices reflected on reputable websites. It was probably updated manually by the same editors who provide the Gold-going-to-700 and other children's (or FED) stories. I also think they take on different user profiles (Macro Investor, Fear and Greed Trader, etc) and try to just overwhelm any pro gold comments with sheer volume and hubris.
    Mar 11 01:48 PM | 1 Like Like |Link to Comment
  • Hilsenrath: New Fed exit plan taking shape [View news story]
    So really it's not an exit, just a pause. Then once everybody gets used to a 5 trill balance sheet being normal and the market drops a 100 points, Yeller will suggest that 10 trill is really exceptional. Besides, it should be time to goose Hillary's campaign by then.
    Mar 10 10:47 AM | 8 Likes Like |Link to Comment
  • Job gains of 175K beat forecasts; UE rate up to 6.7% [View news story]
    Alas, here in Ct., the stronghold of unions, illegal immigrants, and blowhard politicians eager to court them - gov't and education jobs have to be considered among the cream of the crop. They've stolen the banker's line that we have to pay more to attract talent and use it to ratchet salaries up 3-4% a year in a never ending circle jerk.
    Mar 7 01:27 PM | 3 Likes Like |Link to Comment
  • Stocks gain, metals slip after payroll number [View news story]
    Even with the CFTC in a state of flux, it's painfully apparent it stands for the Complete Farce Trade Commission under your great middle class protector. Things are taking on a Princess Bride tone. Since you know that we know that you know we're manipulating the price, we'll just hammer it to where we make the most money on the futures.
    Mar 7 09:22 AM | 3 Likes Like |Link to Comment
  • Job gains of 175K beat forecasts; UE rate up to 6.7% [View news story]
    Or it could be that they put out whatever numbers they they can continue to do whatever they want - even if it's not working.
    Mar 7 09:16 AM | 2 Likes Like |Link to Comment
  • Overall country risk improving for gold miners, J.P. Morgan says [View news story]
    By the way the market is going straight up w/all the news being bad, everybody has to be betting Yellen halts the taper or even more likely, the Fed is buying the index so they don't have to reverse course (yet).
    Mar 6 05:31 PM | Likes Like |Link to Comment
  • Overall country risk improving for gold miners, J.P. Morgan says [View news story]
    I think this is a lot bigger play then just the miners...just as pushing Putin will be a lot tougher then whooping up on Gadhafi or Morsi. Obama is running his mouth, for all it's worth, like Draghi jawboning but somebody is in for a major fold. I think it will be the U.S. since Europe has too much skin in the game. If China jumps in on the Russian side or lands a rowboat on the Jap islands, gold will be at 5K by morning.
    Mar 6 05:27 PM | 1 Like Like |Link to Comment
  • Overall country risk improving for gold miners, J.P. Morgan says [View news story]
    I'd say this article is a couple weeks late since the world has just shifted again. China will end up controlling the African mines and maybe some of the S. American ones. The U.S. will probably end up w/the Canadian and C. American mines. The metals price (and miners) is about to go sky high but may not do anybody any good as gov'ts will just confiscate the mines as soon as China introduces a gold backed yen.
    Mar 6 01:00 PM | 2 Likes Like |Link to Comment
  • BP suffers major blow over Gulf spill compensation claims [View news story]
    Somebody ought to be suing on behalf of the wildlife...who bore the true brunt of this fiasco. Haliburton and the driller should also be paying.
    Mar 4 10:12 AM | 1 Like Like |Link to Comment
  • Futures off 1% on Russian aggression [View news story]
    You got it. If a baboon farts in the woods, we send in drones to protect our interests. They are probably downsizing the Army because the CIA has gotten so big...and Kerry howls about isolationism. I'd say it's becoming obvious the $ is going down and Obama is desperate to start a war somewhere so he doesn't get blamed. The banks who benefited from QE are all pumping the piss out of the market for appearances until we can get one started.
    Mar 2 09:05 PM | 6 Likes Like |Link to Comment