May 2011
May 30, 2011 –
If you listen to Ben Bernanke, Barack Obama and the mainstream media long enough, and if you didn’t know any better, you might be tempted to think that the economic crisis is long gone and that we are in the midst of a burgeoning economic recovery. [more]
May 18, 2011 –
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RELATED TICKERS: GLD
, SLV
May 17, 2011 –
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RELATED TICKERS: GLD
, SLV
Today the U.S. government officially borrowed beyond its $14.29 trillion statutory debt limit. And even though the Obama administration has assured us that accounting gimmickry will allow the government to borrow for another few months, the breach has given seeming urgency to Congressional negotiations to raise the debt ceiling. Republicans are making a great show of acting tough by linking their “yes” votes with promises for future budget cuts (that could even slow the rate of debt increases at some uncertain point in the future). But as we go through the process, many novice observers may wonder why we have a debt ceiling at all when our government has never shown the slightest inclination to respect its prior self-imposed limits. [more]
May 16, 2011 –
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RELATED TICKERS: SLV
, SIL
, SLW
[Sorry I didn't find this sooner as it's an article from May 11, but still interesting if you like PMs, particularly silver.] [more]
May 07, 2011 –
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RELATED TICKERS: GLD
, AUQ
, CEF
I have worked on Wall Street my entire life, and one thing I've learned is that large institutional investors, like pension funds and endowments, rarely veer from the herd. They manage too much of other people's money to stick their necks out alone – if their investments go bad, at least they can point to everyone else who fared just as poorly. [more]
May 05, 2011 –
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RELATED TICKERS: SLV
, SIL
, SLW
May 03, 2011 –
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RELATED TICKERS: SLV
, SIL
, SLW
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