Inconsistent nonsense

Worth reading this response by Victor the Cleaner in FOFOA comments to this question: “At the moment, in order to influence the Gold price downwards, all that needs to be done by the authorities in LBMA and COMEX, is to raise the margin requirements.” This is complete and utter nonsense. LBMA is a trade . . . → Read More: Inconsistent nonsense

Lithium Investment to Power Portfolios: Daniela Desormeaux

The lithium market is currently dominated by a handful of major producers, but investors naturally look to smaller junior exploration and production (E&P) companies for the real growth. Economist Daniela Desormeaux of Santiago, Chile-based signumBOX takes a global macroeconomic view of the lithium industry and concludes that supply will meet demand, but if . . . → Read More: Lithium Investment to Power Portfolios: Daniela Desormeaux

Inflation targeting has come to the US

Reportage by Robin Harding and Michael Mackenzie in the Financial Times:

The rate-setting Federal Open Market Committee predicted low interest rates until late 2014 and set a formal inflation objective of 2 per cent, reflecting chairman Ben Bernanke’s long-held goal of providing greater transparency. The FOMC downgraded its estimate of growth in the coming . . . → Read More: Inflation targeting has come to the US

Economic Events on January 27, 2012

At 8:30 AM Eastern time, the advance GDP report for the fourth quarter of 2011 will be announced.  The consensus is an increase of 3.1% in real GDP and an increase of 1.5% in the GDP price index.

At 9:55 AM Eastern time, Consumer Sentiment for the second half of January will be announced.  . . . → Read More: Economic Events on January 27, 2012