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The End Is … Now 7 Feb 2013 | 10:59 am
I have decided to shut the Daily Capitalist down and this is our last post. I have been publishing this blog for 5 years and, as they say, it’s fun until it isn’t. Think of a blog like a newspaper whe...
Monday Morning Macro Market Commentary 4 Feb 2013 | 07:56 pm
Before my brief market commentary today, I’d like to announce that it’s coming to be time for me to resume writing at the blog site I founded in 2008, www.econblogreview.blogspot.com. This Blogger-ru...
The Unadulterated Gold Standard Part IV (Intro to Real Bills) 3 Feb 2013 | 04:58 am
In Part I (http://keithweiner.posterous.com/unadulterated-gold-standard-part-i), we looked at the period prior to and during the time of what we now call the Classical Gold Standard. It should be und...
BEA Reports 4th Quarter 2012 GDP Contracting At -0.14% Annual Rate 3 Feb 2013 | 04:51 am
In their first (or “advance”) estimate of the US GDP for the fourth quarter of 2012 the Bureau of Economic Analysis (BEA) found that the economy was shrinking at a -0.14% annualized rate, over 3% wors...
Countdown To The Collapse 3 Feb 2013 | 04:35 am
On multiple fronts there appears to have been a resumption of hostilities in the global currency wars. A subtle indication of this is the recently released report, Gold, the Renminbi and the Multi-Cur...
Nobody Knows 3 Feb 2013 | 04:17 am
“Economists, like royal children, are not punished for their errors.” James Buchan. We lost another client last week. This makes a grand total of two clients who have left us over the past year, not...
“Best Stock Market Indicator” Ever? A Dissenting View 3 Feb 2013 | 01:52 am
As long as I’m in a bah humbug mood, I thought I’d turn my cold eye on a fellow blogger, rather than on the MSM. There is a fellow who posts on Doug Short’s site named John Carlucci. He is the autho...
Impact Of Germany’s Gold Repatriation 3 Feb 2013 | 12:30 am
Germany has announced that it plans to take home all 374 tons of its gold stored at the Banque de France, and 300 out of 1,500 tons held at the Federal Reserve Bank of New York. Bill Gross of PIMCO t...
Barron’s Replaces Henry Blodget In Pumping AMZN; Have a Taste Of the Bubbly? 2 Feb 2013 | 07:07 pm
Tiernan Ray, who writes the Technology Trader column for Barron’s, has a hot tip for you: the price of a share of AMZN is going to keep moving up. Get ‘em while you can. In 1999 it was Henry Blodge...
Markit PMIs Show Changing Global Economic Trends; With Comments On Gold’s Possible Rebound 1 Feb 2013 | 07:12 pm
The first part of today’s post will be brief but will link you to a great deal of information. Markit has been out today and yesterday with a vast amount of monthly economic updates. The U.S. data i...
