Monthly Archives: June 2012

Bernanke & Data Disappoint Goldbugs

Posted on June 7, 2012 by macromon

You can see from the chart that gold starting selling off right around the release of the Beige Book yesterday, “Reports from the twelve Federal Reserve Districts suggest overall economic activity expanded at a moderate pace during the reporting period … Continue reading →

Posted in Gold, Monetary Policy | Tagged , , , , | 1 Comment

U.S. Economic Data Releases – June 7

Posted on June 7, 2012 by macromon

The Labor Department reported this morning, UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT           SEASONALLY ADJUSTED DATA In the week ending June 2, the advance figure for seasonally adjusted initial claims was 377,000, a decrease of 12,000 from the previous week’s revised figure … Continue reading →

Posted in Economics, Employment, US Releases | Tagged , , | Leave a comment

EU, Germany explore Spanish bank rescue

Posted on June 7, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Sovereign Debt, Sovereign Risk, Video | Tagged , , | Leave a comment

Productivity in service-providing and mining industries, 2010

Posted on June 7, 2012 by macromon

(click here if chart is not observable)

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Does Greece have a future in the Euro?

Posted on June 6, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , | Leave a comment

Gold In Full Blown QE Mode

Posted on June 6, 2012 by macromon

Gold is a weird cat with multiple personalities and more than nine lives.  The yellow metal is up almost $100 since last Friday’s weak U.S. employment report. At any given time period  gold will assume any one of its multiple … Continue reading →

Posted in China, Gold, Inflation/Deflation, Monetary Policy | Tagged , , | 3 Comments

Quote of the Day: Fiscal Barbells

Posted on June 6, 2012 by macromon

And to this we say,  AMEN! The right policy, which also happens to be the only one with any hope of being adopted in the foreseeable future, is a barbell approach, with more stimulus on one side and, on the … Continue reading →

Posted in Budget Deficit, Fiscal Policy | Tagged , , | 2 Comments

Picture of the Day: Transit of Venus

Posted on June 6, 2012 by macromon

          (click here if pictures are not observable) 

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Stratfor – Mongolia’s Geographic Challenge

Posted on June 6, 2012 by macromon

(click here if video is not observable)

Posted in China, Video | Tagged , , | Leave a comment

The Prairie Fire Ignites

Posted on June 5, 2012 by macromon

After the defeat of Governor Scott Walker’s recall tonight, we thought we’d post this piece from January 2011.   Big pension reform ballot measures won big in San Jose and San Diego.   This gives us our children hope. Interestingly,  … Continue reading →

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