After Jackson Hole, Clear Road Ahead?

In terms of forward guidance I think the Fed Chairman’s speech provided little direction, but Friday’s precious metal price action into the close and the various sell side notes that I have seen suggest that this, at least initially, is too bearish a conclusion. The following excerpt from the speech, in particular, was . . . → Read More: After Jackson Hole, Clear Road Ahead?

Don’t Push the Panic Button on Rare Earths: Lisa Reisman

Lisa Reisman describes herself as a “classic libertarian,” but the managing editor of MetalMiner.com nonetheless believes government has a role to play in protecting and developing domestic supplies of critical metals. In this exclusive Critical Metals Report interview, Reisman argues for private/public partnerships and explains why today’s low prices don’t faze her—or surprise . . . → Read More: Don’t Push the Panic Button on Rare Earths: Lisa Reisman

Economic Events on September 5, 2012

The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.

At 7:45 AM Eastern time, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through . . . → Read More: Economic Events on September 5, 2012