Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Changes- Living in the Last Days of Cheap Resources and Cheap Commodities

Commodities / Resources Investing Jun 16, 2008 - 04:10 AM GMT

By: David_Vaughn

Commodities Went to the store and paid 7 bucks for 2 pounds of fresh North Carolina blueberries. Does that sound like a good deal? Milk was close to 5 dollars a gallon. Evidently, trying to compete with gas prices. Anyone confused where things are headed? Need tech support on your PC and you will find yourself talking to someone in India .


James Sinclair – “Gold Is All In The US Dollar And The Euro.” “The euro is down hard today on the premise that this is the start of increased interest rates in the US , a statement that is totally ludicrous. There are two possibilities here: Bernanke and Trichet are in the midst of a pissing contest with the US Fed not paying any attention to the financial hell they are about to release. Saving face at the Fed is more important than the cost thereof. There is only one result possible: Any nitwit knows what happens if you increase the Discount Rate when business is accelerating its downturn. Now what happens if the Fed does not increase rates? Bernanke has painted himself into quite the corner. There is absolutely no possibility on earth that the Fed can start a series of increases as that will end the financial world, not as we know it, but totally.”

Empires that lose their position and status in the world do not do so by choice. There is a bias that once on the top of the hill that destiny will allow you to remain there. That just is not how the game of life works. Even in our personal lives. Up and down. And sometimes more down than up.

America 's current challenges and failures display striking parallels to the declines of previous leading world economic powers…” “…Global overreach, worn-out politics, excessive debt, and exhausted energy supplies are all chilling signals that America is declining as the world superpower.” Bad Money, Kevin Phillips

Have you been on vacation or maybe just a long trip? Do you think you will get used to those 50 dollar plus fill ups? It is rumored that the Saudis may put a cap on the oil price. Interesting what that cap will be. 200 dollars?

“Don't expect relief from stratospheric gasoline prices any time soon, the Energy Department said Wednesday. Gas prices will likely hover around $4 a gallon through next year, as oil prices continue above $100 a barrel before moderating in 2010, Guy Caruso, administrator of the Energy Information Administration (EIA)…” “On Wednesday, gas prices climbed to a record $4.052 a gallon nationwide, up nearly a penny overnight, travel group AAA said. Light, sweet crude rose $4.58 to $136.38 a barrel.” “Some analysts say oil-price forecasts are meaningless.” "Forecasting crude oil prices right now is akin to forecasting the temperature on Mars a few eons from now," says Tom Kloza, chief oil analyst for the Oil Price Information Service.” Peter Beutel, head of Cameron Hanover, a risk-management firm, says oil in a year could cost $50 or $200.” "I can't tell you which," he says, "and I spend every waking moment studying this." USA Today

I was sorry to see Tim Russert pass away the last 24 hours. Now there is an unwelcome change. Probably the best and most unbiased journalist in the profession. Hate to see him go. His work will be missed.

"Here was a guy who, in a really affable way, was able to do something that news anchors don't really do: provide cogent, understandable, compelling analysis of really complex issues," said Syracuse University media expert Robert Thompson.

Presidential candidate Barack Obama has an answer to the present economic crisis. Simply provide another economic stimulus package throwing more free money to American consumers.

David Nichols - Gold has worked itself into a very interesting situation, where a big rebound is also the likeliest outcome for this pattern. Gold tends to give the hardest, most gut-wrenching tests back down to the initial energy levels right before it zooms off to the upside…”

With the gas crunch and every other crunch many folks are going to pawn shops to try and raise money for gas and bread. Many analysts are predicting the Fed to start raising interest rates this year to support the US dollar. That should prove to be very interesting.

“The dollar is losing is value in the world because of America 's financial irresponsibility and indebtedness, and the ruinous war in Iraq has severely eroded our influence over global oil producers and foreign central banks.” Bad Money, Kevin Phillips

Oh, really?

“Like it or not, changes are coming.” Brian J. Skinner. Professor of Geology & Geophysics, Yale University

It's not too late to invest in gold related equities to take advantage of their wealth generating attributes. We are living in the last days of cheap resources and cheap commodities. Gold Letter, Inc. reviews undervalued gold stocks poised to rise in this time of increasing demand.

“In its hubris, the financial sector has hijacked the American economy and put our very global future at risk.” Bad Money, Kevin Phillips

Click here to order Gold Letter

Don't forget to email.

By David Vaughn
Gold Letter, Inc.
David4054@charter.net

© Copyright 2008, Gold Letter Inc.

“The Worldwatch Institute, an organization that focuses on environmental, social and economic trends, says the current rate of global demand for resources is unsustainable.”  

The publisher and its affiliates, officers, directors and owner may actively trade in investments discussed in this newsletter. They may have positions in the securities recommended and may increase or decrease such positions without notice. The publisher is not a registered investment advisor. Subscribers should not view this publication as offering personalized legal, tax, accounting or investment-related advice. The news and editorial viewpoints, and other information on the investments discussed herein are obtained from sources deemed reliable, but their accuracy is not guaranteed. © Copyright 2008, Gold Letter Inc.

David Vaughn Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in