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Monday, February 28, 2005

Hunter Thompson: All Gone Now

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At night we might buy bottles of Triple Jack at some isolated gas station and dip into an arroyo, roll a fat one and swill Jack and talk and...

Today

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02/28/05 U.S. personal income was down 2.3% in January, stronger than expected. Last month the Microsoft dividend played a roll. U.S. new ho...
Sunday, February 27, 2005

Asian Stocks, Yen Gain on Strong Data

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Japan 's industrial production rose 2.1 percent in January from a month earlier, above a median market forecast of 1.7 percent, while So...

Most G-7 members favour IMF gold sales

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But an outright sale from the IMF, the world’s third largest gold holder, is not the only option under consideration, according to the artic...

This Weeks Strongest World Markets

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On our list, measured by 52 week ROC ( Rate of Change): Slovakia SAX up 162% Pakistan KSE up 71% Czech Re...
Friday, February 25, 2005

Huge job cuts loom at De Beers

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Five out of seven of the DBCM mines in South Africa are currently operating at a loss, the company added......In 2004, De Beers' mines ...

The great iron ore goldrush begins

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"SOMEONE has stuffed up big-time," an MBA graduate schooled in the virtues of market research declared over her wine after hearing...

If I Don't Show Up At My Office in the Morning, You'll Know They Got Me

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To any complacent readers, I issue the following red alert. If you are a revisionist, conspiracy buff, member of a religious sect, an anti-a...

US bankruptcies ‘to surge’ amid junk bond deluge

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.....If a company’s debt is rated at CC or CCC, there is a 30 per cent likelihood that it will fail within a year ,...........The number of ...

Some Notable New Highs

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MXY Mexico FXI China (ETF)Exchange Traded Fund (scroll down) HGX Philadelphia Housing Index XOI Oil Index SML S&P 600 Small Cap (a...

Today

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U.S. GDP grew at a revised 3.8% annualized rate in the fourth quarter versus the original estimate of 3.1%. For all of 2004, GDP was up 4.4%...
Thursday, February 24, 2005

Gold Rush?

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Gold demand surges despite high average price in Oct-Dec ...rising 49% and 32%, respectively, in tonnage terms, says World Gold Council. Con...

ATA Truck Tonnage Index Surged to Record High in January

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“January proved to be a strong month for truck tonnage” said ATA Chief Economist Bob Costello. “Growing manufacturing production continues t...

Today

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Overview The Energy Department reported a 600,000-barrel increase in crude inventories. Unleaded supplies were up 1.8 million barrels and h...
Wednesday, February 23, 2005

Today

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Overview ------------ The Bank of Korea softened yesterday's dollar comments by saying that even though they want to diversify into othe...

A back-to-the-future Jeffersonian liberalism ?

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The new desktop-empowered generation, turned on by Republican economic choice, but turned off by the social-cultural intolerance of the GOP ...
Tuesday, February 22, 2005

Extraordinarily Unprecedented

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Bank lending for commercial and industrial loans surged 6.6 per cent since May 5, the month before the Fed began tightening. Mergers and acq...

India is in a hurry.

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How big is the market? Already, the futures market for gold and silver is about four times and 40 times, that of spot markets respectively. ...

Today

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The Dollar had a bit of a rough day. The Bank of (South) Korea said yesterday that they plan to "diversify" their reserves into o...

People had expected the weather to be better in Brazil

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Hotter weather in Brazil's major soybean-growing areas of Rio Grande do Sul, Parana and southern Mato Grosso are damaging plants just as...

Korea "rebalancing" out of Dollars

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The dollar fell against the euro by more than a cent overnight after it became known that the Korean central bank is rebalancing its reserve...
Monday, February 21, 2005

Something Positive

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Commercial and Industrial loans of weekly reporting large commercial banks have clearly picked up. Finally, it took a while.

Where’s the strongest stock market to be found?

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And the answer is ............ Slovakia up 143% year over year.(At least on our list)

Specialist Short Sales

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We find the recent action by NYSE specialists And NYSE Members interesting.
Friday, February 18, 2005

Today

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The University of Michigan's index of consumer sentiment dropped from 95.5 to 94.2 in February, weaker than expected. ----------- The co...
Thursday, February 17, 2005

China

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The Canadian Press reported that "China has surpassed the United States in consumption of every basic food, energy and industrial commo...
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