Mansion prices tumble as oil rout hits Houston's rich
12 / 17
By Terry Wade and Anna Driver 11 hrs ago
Prices for mansions in Houston's swankiest neighborhood have tumbled in lock-step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their...
Commerzbank: Gold Premium Over Platinum Hits Record
Wednesday February 24, 2016 10:35
Gold continues to outperform platinum and silver as the yellow metal benefits from safe-haven flows in 2016, says Commerzbank. The gold/silver ratio has climbed to over 80, its highest level since December...
Fed's George Urges FOMC to Keep March on the Table for Rate Hike
Steve Matthews SteveMatthews12
February 23, 2016 — 3:42 PM CST
Federal Reserve policy makers should be prepared to consider raising interest rates in March despite recent financial market volatility, said Kansas City Fed...
Gold the 'Superhero' May Shoot Up to $1,400: Top Forecaster
February 23, 2016 — 7:03 PM CST Updated on February 24, 2016 — 6:03 AM CST
OCBC's Gan says bullion may surge should risk aversion jump
Price seen at $1,000-$1,150 year-end as Fed will still tighten
Just heard someone talking about the number of applicants rejected for admission to the armed forces has now increased to over 70%.
the rejection reasons were health, education ie stupidity, and other. Supposedly the vast majority was stupidity.
to which we can all ask, wtf? It is your...
1 in 4 Americans on verge of financial ruin
By Catey Hill
Published: Feb 23, 2016 5:31 a.m. ET
Shutterstock.com / VGstockstudio
The rich keep getting richer. The rest of us aren’t so lucky.
According to a survey released Tuesday by Bankrate.com of more than 1,000 adults, nearly one in four...
By now most should have heard that Carrier Air Conditioning is closing their US plants and moving all production to mehico,
Not a peep out of oatsama, the great union president, the great working class president, not a fookin' word,
Anyway, Trump came on and blasted them. Said no problem, do...
We have been thru the demand charts showing the exiting of etf's from the metals markets, this shows a reversal of that trend. Positive development.
Commerzbank: Two-Day Inflow Into Gold ETFs Most Since 2010
Tuesday February 23, 2016 09:21
Gold continues to flow into exchange-traded funds at a...
J.P. Morgan’s ‘London Whale’ spouts off: ‘For no good reason, I was singled out’
By Lucy McNulty and Gregory Zuckerman
Published: Feb 23, 2016 9:32 a.m. ET
Trader Bruno Iksil breaks nearly four years of silence
The trader at the center of the “London Whale” trading...
The robots are coming for jobs that pay $20 an hour or less, White House finds
By Steve Goldstein
Published: Feb 23, 2016 6:42 a.m. ET
It’s intuitive that automation will take low-wage jobs.
But the White House, in its annual economic report of the president, has broken down just how much...
Long-Term Gold Bulls Need To Bide Their Time And Be Patient
Monday February 22, 2016 10:15
(Kitco News) - Global stocks are rallying and the U.S. dollar is posting solid gains. In the short-term, gold is being held hostage to outside market dynamics and the risk-off attitude has triggered...
PRECIOUS-Gold rebounds on fund inflows and equities drop
* Gold rebounds from 1.6 pct fall on Monday
* SPDR adds a further 19 tonnes of gold
* China and India turn sellers as gold prices rally (Updates throughout, changes dateline from SINGAPORE)
By Clara Denina
LONDON, Feb 23 Gold rose by...
Oil, Copper Fade with Risk Trade while Gold Holds Up ahead of G20
Tuesday, February 23, 2016
by Nathalie Huynh of DailyFX
Commodities, stocks gave back gains due to market re-positioning upon macro risk: Brexit, China stimulus, G20 summit. Gold is in favor again
As U.S. shale sinks, pipeline fight sends woes downstream
By Tom Hals 16 minutes ago
A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver
By Tom Hals
WILMINGTON, Del. (Reuters) - Within weeks, two low-profile legal disputes may determine whether an...
IEA warns consumers of spike in oil prices
The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021.
In a report, the IEA said it expects prices to start recovering in 2017.
The US coal industry is falling apart. Here's the surprising reason why.
Updated by David Roberts on February 22, 2016, 10:00 a.m. ET @drvox email@example.com
The US coal mining industry is collapsing.
Consider this remarkable fact, from a new report by the Rhodium Group:
The four largest US...
The Walking Dead: Something is Rotten in the Banking System
February 12th, 2016
Pater Tenebrarum: A Curious Collapse – Ever since the ECB has begun to implement its assorted money printing programs in recent years – lately culminating in an outright QE program involving government bonds...
Russell Napier Forecasts Negative Rates in the US as Deflationary Pressures Spread
Russell Napier, author of Anatomy of the Bear and co-Founder of the Electronic Research Interchange (or ERIC), explains why he sees further deflation and deleveraging moving forward, and why he...
What is the Point Spread on WW III?
Feb 20, 2016
Boobus Americanus seems to utterly have lost the ability to think for themselves. So when the totally controlled US media mumbles on about how Al Assad needs replacing, no American could dream of asking, "Why? What did he...