“What’s Our Oil Doing Under Their Sand?”
All Eyes on the Middle East… And Oil… New reports of Gaddafi’s militia opening fire on unarmed protesters in the streets of Libya.
Oil Price Shock + Food Price Shock= End of America’s “Recovery”
In the news today: Rising food and oil prices could complicate U.S. “recovery” efforts, the Libyan “Butcher” stands defiant, and more…
3 Ways to Play Rising Oil Prices
In the news today: Brutal conflicts in Libya and fears over Saudi Arabia drive oil prices higher, how to play rising oil prices, the 401k generation falls short, and more…
Showdown in Wisconsin and Libya
In the news today: The showdown between the unions vs. taxpayers continues in Wisconsin, tensions continue to flare in the Middle East, and more…
Silver Prices Set to Explode
Silver Price Set to Explode… Silver is shining brightly as investment demand for the metal shot up this week, driving the price to a new 31 year high. Returns for the week should be about 8%…
Israel Under Fire
In Israel, the heat is on… In a rare turn of events, the U.S. has told Arab governments that it will stand in agreement with them in issuing a U.N. Security Council.
Stocks Ignore Growing Inflation Concerns
The core Producer Price Index (PPI), which excludes food and energy prices, rose 0.5% in January according to the U.S. Labor Department. Many economists expected a 0.2% increase…
Gold and Silver Prices Break Key Resistance Levels
U.S. Budget Showdown… This is the week for political theater. The burning question… Will America overspend by $1.65 trillion this year under the “spendthrift” Democrats or will it overspend by $1.1-$1.4 trillion under the “cost-cutting” Republicans? Snooze…
New IMF Report Calls for Replacing U.S. Dollar
IMF increases calls for alternative to U.S. Dollar… A new report issued by the IMF on Thursday is calling for Special Drawing Rights (SDR’s) as a potential, yet viable, replacement of the U.S. Dollar’s role as the global reserve currency.
FTMDaily News Update – Don’t Take Away the Punch Bowl
Global financial integration… The symbol of American capitalism may soon have a new owner… Germany’s major stock exchange, Deutsche Boerse, is in to buy NYSE Euronext. Together, the two exchanges would create the world’s largest stock exchange and would dominate trading in Europe and America.
FTMDaily News Update – The “Wealth Effect” Deception
Some Fed policymakers are getting nervous at the quickening pace of what they perceive to be an economic “recovery.” New questions about whether to prematurely end the Fed’s $600 billion bond-buying program…
FTMDaily News Update – Inflation is Here + JP Morgan Admits Gold is a Currency
The lag factor between the Fed’s money printing and realized inflation is nearly over… Inflation is showing up everywhere: food prices, energy prices, etc… Now it’s showing up in the U.S. Bond market…
FTMDaily News Update – Gold and Copper Price Predictions + Hot Commodities
In the news this morning: state spending cuts, gold and copper price predictions, more unrest in the Middle East, and more…
FTM Morning News Update – Thursday – Feb. 3, 2011
Egypt.. Egypt continues to descend into chaos this morning.