Inflation Meter Soars Over the Red Line

There has been a lot of discussion around here lately about inflation, mostly about who is divided up into the “We’re freaking doomed!” camp (me), and who isn’t in that camp, but instead are over in the other camp, which is, apparently, mostly everybody else, all of whom I consider to be morons who . . . → Read More: Inflation Meter Soars Over the Red Line

The Mysterious Mr Maguire’s Message of Metal Manipulation

“Since criminal prosecution is only a remote threat, and since the fines and damages are generally paid by the companies, not by the individuals, the question is: what’s to keep a Sumitomo from happening again, perhaps in precious metals?” – Modern Market Manipulation by Mike Riess, International Precious Metals Institute 27th Annual Conference, 16 . . . → Read More: The Mysterious Mr Maguire’s Message of Metal Manipulation

Economic Events on April 6, 2010

There are no major economic events today, but the weekly Redbook report on retail sales and the International Council of Shopping Centers report on comparable store sales in retail chains will be released this morning.

Also, there are a few Treasury auctions today, and with interest rates rising, demand for these notes could be . . . → Read More: Economic Events on April 6, 2010