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High-Level Monetary Discussion
June 26, 2009. Transcript of GoldMoney’s James Turk responding to questions/ comments from Principally Correct, a visitor at DollarCollapse.com:  More...

Gloom And Doom Are In
June 23, 2009. Watching the markets tank yesterday, supposedly because of a pessimistic World Bank (!) report, got me to thinking about Elliott Wave analyst Robert Prechter’s belief that news doesn’t move markets. Instead, he says, our reaction to events is what matters, and that depends on how we’re feeling -- the social mood. Prechter’s take (I’m extrapolating here) is that if investors were feeling good on Monday morning, news of the World Bank cutting its growth forecast might have led to visions of lower interest rates and more stimulus money, possibly igniting a rally. Or investors might have ignored the report and bought because that’s just what they wanted to do. But these days we’re nervous, and therefore prone to see the dark side of the day’s headlines. More...

Best of the Web
Physiognomy of Economic Depression – Eric Janszen
Commodity Bubble Revisited – Chris Puplava
Surviving Hyperinflation – Eric Englund
Lessons From Indust. Rev. – Martin Hutchinson
20-Year Bear Market? – John Mauldin
Debt Deflation in America – Michael Hudson
The Senate Report – Theodore Butler
The Time Has Come – Howard S. Katz
USA 2009 = Argentina 2001? – Eric Janszen
More doom than boom – MoneyShow
It's Economic – Doug Noland
The Triumvirate of Wealth – FOFOA
How Much Money is There? – Mike Hewitt
International Forecaster – Bob Chapman
Long Term Buy And Hold Bad Advice – Mike Shedlock
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[Most Recent Quotes from www.kitco.com] [Most Recent USD from www.kitco.com] [Most Recent Quotes from www.kitco.com]

Breaking News

The Economy

7/02   U.S. stocks, commodities retreat after job losses top estimates – Bloomberg
7/02   El Monte California avoids bankruptcy after union agrees to cuts – Mish
7/02   California budget and housing financial escapades – Dr. Housing Bubble
7/02   Credit card issuers raising rates ahead of new law – Washington Post
7/02   Banking system like South Sea bubble – Daily Bell
7/02   Factory orders rise more than expected in May – Associated Press
7/02   Payrolls fall more than forecast, unemployment rises – Bloomberg
7/01   Crabtree & Evelyn files for bankruptcy protection – New York Times
7/01   Graphs: auto sales in June – Calculated Risk
7/01   Doug Casey on the greater depression – Casey Research
7/01   Crumbling cornerstones of middle class wealth – Daily Reckoning
7/01   IOU and state of emergency – Phil's Stock World
7/01   China bull market: take two? – Elliott Wave
7/01   Voluntary and involuntary credit card "attitude adjustments" – Mish
7/01   Central banks seek rankings for financial products – Daily Bell
7/01   S&P 500 technical update – INO
7/01   Private sector shed 473,000 jobs in June – MarketWatch
7/01   Manufacturing in US shrank at slower pace in June – Bloomberg
7/01   Investment grade bonds return 9.2% – Mish
7/01   Energy stocks kick off second half with gains – MarketWatch
6/30   Will commodities kill the stock rally? – The Pragmatic Capitalist
6/30   Credit card addiction nation – My Budget 360
6/30   Radio biz in trouble, Clear Channel pushed toward bankruptcy – MediaDailyNews
6/30   Make the trends your friends – The Automatic Earth
6/30   Swiss slump worsened in second quarter – Bloomberg
6/30   Quantitative easing by Fed is predictably failing – RunToGold

Precious Metals
7/02   Gold falls on stronger dollar, jobs data; copper also down – MarketWatch
7/02   Gold "can't break range" as euro rates stay on hold – GoldSeek
7/02  
China wants more gold – Seeking Alpha
7/01   Silver takes on gold supremacy – Daily Reckoning
7/01   Gold rises first day in three as data deflate dollar – MarketWatch
7/01   Hochschild ups stake in Gold Resource for $20 mln – Reuters
7/01  
Gold Resource Corporation conference call – Yahoo! Finance
7/01   Here's what meaningless fads have to do with gold & your portfolio – Sovereign Society
7/01   Sen. Crapo proposes equal tax treatment for precious metals – GATA
7/01   Liberty Dollar prosecution update – GATA
6/30   The search for the mint's missing gold – Globe and Mail
6/30   Hecla Mining prepays $18.2 million to term loan – Yahoo! Finance
6/30   A big upgrade for Kinross Gold – The Motley Fool
6/30   Gold - it's just time – Gold Versus Paper
6/30   Klondex Mines rejects SilverCorp's hostile bid – Reuters
6/30   Four ways to go for gold – Minyanville
6/30   Gold's leading authority expects gold to break price record – Gold World
6/30   Mystery still surrounds gold missing from the royal Canadian mint – Gold World
6/30   Gold slips as deflation bites, "unlikely to persist" – GoldSeek
6/30   Gold down after home-price data, headed for 5% June loss – MarketWatch
6/29
   Silver mining stocks show upside due to increasing demand from China – Yahoo! Finance
6/29   Keep the faith - higher gold price will come – 24hGold
6/29   Gold trading update – GoldAndOilGuy

 


The Dollar
7/02   U.S. dollar up after negative jobs report – MarketWatch
7/02   European Central Bank leaves rate unchanged – New York Times
7/01   The fate of the fiat currency – World Affairs Monthly
7/01   Dollar stays in negative territory – Wall Street Journal
6/30   Euro 3-month bank lending rate falls to new low – Forbes
6/30   The ups and downs of money supply growth – GoldSeek
6/29   More MOPEing around – MineSet
6/29   Bernanke is a total failure unsuited for role as Fed Chairman – Mish
6/28   James Turk reviews Edwin Vieira's 'Pieces of Eight' – GATA
6/28   China, Brazil would exit dollar in bilateral trade – GATA
6/27  
Embrace deflation - it's the cure, not the problem – Mish
6/26   China, cleverly dumping US dollars – The Financial Ninja
6/26   What has government done to our money – RunToGold
6/26   Storming the federal reserve – Sovereign Society
6/26   Why it's time to buy the dollar – MoneyWeek
6/26  
China reiterates call for international reserve currency – HoweStreet

Real Estate Bust
7/01   Fun, or lack thereof, with the Case-Shiller index – Professor Piggington
7/01   One Flagler, Platinum face foreclosure – South Florida Business Journal
7/01   US mortgage applications fall 19%, defying Obama – Bloomberg
7/01   Distressed housing inventory down 46% since December – OC Register
7/01   Fannie, Freddie to refinance larger underwater loans – Bloomberg
7/01   Home sales perk up, but expensive houses languish – Time
7/01   Freddie Mac receives additional $6.1B from gov't – Associated Press
7/01   Sharp drop in construction spending in May – New York Times
7/01   Pending home sales up 4th straight month in May – Associated Press
6/30   What’s the real crisis here? – Housing Doom
6/30   Demand for OC homes hits plateau – OC Register
6/30   Easy money reflating house prices – Reuters
6/30   Home loan delinquencies double on prime loans – Mish
6/30   Delinquencies double in least-risky loans – Bloomberg
6/30   US home price declines moderating – New York Times
6/29   Foreclosure gains tempered by looming woes – SGV Tribune
6/29   Continued crony banking and housing industry bailout – Dr. Housing Bubble
6/29   Another one for the housing bears – Boston.com
6/29   Cheaper homes are in demand – Herald Tribune
6/29   Housing in peril as Obama fails to get breakthrough – Bloomberg

Offshore Investing
6/29   Nothing like giving us plenty of notice... – Mark Nestmann
6/29   The long and short of IT – KitCo
6/26   IRS steps up scrutiny of offshore funds – Wall Street Journal
6/23   OECD members pressure tax havens – BBC News
6/19   The advantages of offshore investing – Inix Finance

Clean Tech
7/02   Solar winners and losers – TheStreet
7/02   Hitachi to boost lithium battery production 70-fold – EV World
7/02   Suntech Power signs 500MW photovoltaic contract Sichuan – Solar Plaza
7/01   Renewable power? Not in your lifetime – The Automatic Earth
7/01   Green stocks flourish despite demand concerns – Reuters
7/01   The latest clean tech news – GreenStockInvesting
7/01   Top ten electric car model - list of the coolest electric vehicle – CB Electric Car
6/30   IBM places big bet on lithium-air batteries – Grist
6/30   The locked IPO window is ready for a clean tech break in – BusinessGreen
6/30   Ex-UBS top dealmaker launches green tech boutique – Reuters
6/30   German utility Yellostrom deciding between Google's and Microsoft's PowerMeter – Seeking Alpha
6/30   Surviving cap and trade – CNBC
 

 



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