Tag Archives: silver

Bitcoins in the news again

In spite of a spate of bad news about Bitcoin people are still fascinated, scared and intrigued about the possible new currency. Of course, there is still much confusion afloat – many people don’t know what it is. For example, … Continue reading

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MPI and commodities today – Yay!!!

Got to hurry. The word on the street is that the Internet will slow down or stop once the Olympic Games get started. Not sure we believe this. Remember Y2K? Remember Kohoutek? [Wikipedia says in that entry: “The comet is … Continue reading

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Market indexes and commodity price changes

The market took a breather today after a really great 4-day run up. The DJIA is down 120.79 but up a total of 120 for the week, closing at 12,822. Gold closed up a smidge today to $1584 per oz. … Continue reading

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Friday’s MPI and other market news

Mr. Market was pretty upset about the employment report. Or should we say, the UNemployment report. For a ‘recovering’ economy – sounds like a mind-altering substance problem, doesn’t it? – the jobless rate is stubbornly stuck on 8.2%. Gold was … Continue reading

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Friday’s MPI and other market news

Guess it was just traders tired of waiting on the sidelines. As the first half of this year ended, the DJIA (up 2.20%) and all the other indexes jumped waaayyy higher today, as did all the commodities. Yeah, sure, commodities … Continue reading

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Walker bounce lasts a week – yay

Thank you, Rick Santelli! Yep, IFO attributes this week’s political victories to his signature moment on TV on Feb. 19, 2009, when he ranted about government goofups and inadvertently fired up the Tea Party. But the nightmare may be coming … Continue reading

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Markets are sick, sick, sick

It’s an ill wind… blah, blah, blah. In spite of the stock markets of the world declining seriously this week, not all is lost. When times are weird like this, there actually is a divergence in price movements among various … Continue reading

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Market and index report

Market is still confused – or volatile, as the experts say. Gold bounced around the entire week and closed at $1,575.60 per oz. Silver did the same, and closed at $28.53 per oz. Crude oil, also pretty bouncy this week, … Continue reading

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Markets disappoint … again

Wow – 12th down day out of 13 days of the stock market. And sure enough, our own index is down. In fact, we just caught sight of the monkeys at the Coconut Bar weeping and drowning their sorrows. And … Continue reading

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Despite what you may be hearing on radio ads…

… gold and silver prices are NOT reaching new highs! This annoys IFO so much, she’s going to post again on this topic. The coin dealers continue to talk about new highs, but anyone can look at kitco.com and see … Continue reading

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