We are flies in a bullion bank web

I left this comment on the FOFOA blog:

Your point about bullion banks having the best intel is important. Bullion banks are like spiders in the center of a web. They can feel the twitching of the flies in the web and determine the mood of the market better than anyone else and often . . . → Read More: We Are Flies in a Bullion Bank Web

Adam Michael: Base Stock Evaluation on $90 Oil

Platform Advisors Founder Adam Michael searches the globe for oil and gas discovery stories with established cash flows that support share value in reasonably secure political environments. In this exclusive interview with The Energy Report, Adam reveals some names from his own portfolio holdings that he believes could generate considerable upside production growth . . . → Read More: Adam Michael: Base Stock Evaluation on $90 Oil

Worst of Both Worlds

Tom Clougherty, on the Independent Commission on Banking’s recent proposals:

I hope this isn’t the case, but if it is, it probably suggests a far more radical regulatory approach than the Independent Commission on Banking has considered. It might even point in the direction of ‘narrow’ or ‘limited purpose’ banking, which would involve imposing . . . → Read More: Worst of Both Worlds

Economic Events on May 26, 2011

At 8:30 AM EDT, the preliminary GDP report for the first quarter of 2011 will be announced.  The consensus is an increase of 2.1% in real GDP and an increase of 1.9% in the GDP price index.  The real GDP estimate is 0.3% higher than the advance value for the first  quarter of 2011, and the . . . → Read More: Economic Events on May 26, 2011