WEEKLY MARKET DIGEST: PHILLY FED INDEX CAUSES MASSIVE SHORT SQUEEZE IN GOLD AND SILVER

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) PHILLY FED INDEX CAUSES MASSIVE SHORT SQUEEZE IN GOLD AND SILVER May 18, 2012 The Philly Fed Index is a monthly survey by the Federal Reserve

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WHY I BECAME A BIG FACEBOOK BEAR AFTER LIMP IPO

Facebook (FB) started trading today with much anticipation.  Unfortunately the common place advice doomed the IPO. The IPO was priced at $38.   One of the first opening indications was $45 on 18 million shares.  The stock was set to open at 11:00 am ET.  The opening was repeatedly delayed and opening

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