FISCAL CLIFF RESOLVED, BUT SUPER CLIFF AHEAD $GLD $SLV $TBT $AAPL $QQQ $SPY $GDX

Our prediction that the fiscal cliff would be resolved has turned out to be partially right. It is important not to get carried away with optimism because only one part of the three-part puzzle has been ...
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WHY I AM DIPPING MY TOE IN EUROPE

I have a bad habit of regularly studying a wide variety of boring documents ranging from central bank reports to obscure economic indicators. Lately, it has been difficult to find anything positive about Europe. Since ...
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BIG EUROPEAN BANK FAILURE AVERTED: WHAT CENTRAL BANKS DID NOT TELL US

It appears that a big European bank got close to failure last night.   European banks, especially French banks, rely heavily on funding in the wholesale money markets.   It appears that a major bank ...
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DRAGHI CHANGES THE GAME FOR STOCKS, GOLD, SILVER AND OIL

It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB). In a surprise ...
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