Archive for October, 2008

Oct 31 2008

Rollover: Essential Movie Viewing in these Unprecedented Financial and Economic Times

Published by Mark O'Byrne under Commentary, Economics, Gold, Video

Rollover is the story of faded Hollywood siren Jane Fonda who inherits a multi-million dollar company after her powerful bank president husband is murdered. While trying to find her dead love’s killer, she runs his corporation with the help of charming banker Kris Kristofferson in the weeks before a worldwide currency and financial collapse.
 
It was [...]

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Oct 31 2008

Happy Halloween!

Published by Ed Murphy under Whimsy

 

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Oct 31 2008

Gold Investments Market Update - Gold is Up 12% while S&P is Down 37% Since Credit Crisis Began

Published by Mark O'Byrne under Market Updates

Gold continues to surprise to the downside on the COMEX and the futures markets in spite of huge physical demand, increasing supply issues and surging premiums on bullion products.
Speculative paper players using huge leverage continue to exit positions for the relative safety of cash due to margin calls on other bets and some investment banks [...]

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Oct 30 2008

Gold Investments Market Update - Central Banks Trapped Between Scylla and Charybdis

Published by Mark O'Byrne under Market Updates

Gold rose nearly 2% yesterday as the Federal Reserve decreased the fed funds rate by 50 basis points to 1.00%. Other central banks internationally are also slashing interest rates and there is increasing speculation that the Bank of England and the ECB may cut interest rates aggressively as early as this week and possibly even [...]

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Oct 30 2008

Silver Bullion Premiums Foretell a Price Surge

Published by Ed Murphy under Silver

Seeking Alpha has an interesting article regarding Silver Bullion premiums, though this is at the moment somewhat irrelevant since the market for 100oz bars is nearly non-existent.
There has been much recent coverage of the rising premiums being paid to purchase physical gold and silver bullion. This has been cited as a consequence of the extreme [...]

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