Submitted by Charles Hugh-Smith of OfTwoMinds blog, Raising taxes is the “solution.” Too bad incomes are declining. What will raising taxes do to household savings, spending and the economy? We all […]
Whether it’s deleveraging, spare capacity, dollar debasement, productivity gains, or just plain old obesity, in real purchasing power terms, an hour of your time has never been worth less. In […]
Buying November Unleaded to close short from 2.8460.
First it was more than the UK. Then more than Portugal. Then a month ago we said that as of September, “it is now safe to say that in 2012 alone China has imported more […]
Compression Trade: Short PulteGroup (PHM) $17.35 and Long USG Corp. (USG) $21.20
There is little doubt that asset prices have responded to Central Bank promises and actions. Even as bottom-up fundamentals are fading, top-down index ‘nominal prices’ rise on the back of […]
Submitted by Tyler Durden on 10/17/2012 13:48 -0400 Even though we have presented comparable scenarios looking at the coverage of the US money base in gold terms previously, aka “gold coverage” ratio, […]
Selling Dec Nat Gas @ 3.770 to close long from 3.170
With US Federal tax (mostly) and spending (far less) policy having become two of the key issues of the ongoing presidential debate, we wish to present to our readers 111 […]
Confused what the opportunity cost, as well as outright cost, of QEternity is? The following infographic from Demonocracy should put everything into perspective.
We are entering a new compression trade. Soy Beans vs Bean Oil. Selling March S 1506 to open short, Buying March BO 51.94 to open long.
At some point the price of gasoline should have a negative impact on the economy as a whole. We just have not reached that price.
The Net Long Interest in S&P 500 Futures (the most liquid equity trading vehicle in the world) is now at its highest since December 2008. The last time investors […]
Closing our Silver vs Soybean compression trade. Sell Dec SI 34.68 to close long from 27.46. Buy Nov S 1521 to close short from 1593. Over $40,000 per unit gain.
By Tyler Durden on 10/02/2012 11:16 -0400 Zero Hedge At its most fundamental level, economic activity is no more than an exchange between strangers. It depends, therefore, on a degree of trust […]