Category Archives: Uncategorized

Bank of Korea buys gold – Reuters

Posted on August 1, 2011 by macromon

Reuters reports that Korea’s central bank bought 25 tonnes of gold over the past two months.  It was the first purchase in more than a decade.  Reuters writes, The Bank of Korea said in a statement its latest gold purchase … Continue reading →

Posted in Currency, Gold, Uncategorized | Tagged , | 1 Comment

The Weekend Read: Reality Meets Perception

Posted on July 8, 2011 by macromon

Higher energy and food prices are crowding out consumer demand for other items, and the market consensus is that QE2 has proven to be counter-productive. Unable to concede this, Mr. Bernanke nonetheless seems determined to have it both ways, remarking … Continue reading →

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Have Policymakers Discovered the “Splendid Arbitrage”?

Posted on June 26, 2011 by macromon

How ’bout a little summer Sunday humor (albeit a little nerdy) before getting back to the daily grind.   Last week saw a global coordinated response to shaft specs in crude oil as many, including us, think the rise in … Continue reading →

Posted in Commodities, Crude Oil, General Interest, Uncategorized | Tagged , , | 1 Comment

Jackie Moon’s Lehman Moment

Posted on June 12, 2011 by macromon

We love allegories.  The Wizard of Oz was, many believed, an allegory  of the political and economic times of the 1890s.  Wikipedia observes the “Yellow Brick Road” represented the gold standard, and “the silver slippers the Silverite sixteen to one … Continue reading →

Posted in China, Economics, Uncategorized | Tagged , , | 5 Comments

The Weekend Read

Posted on April 15, 2011 by macromon

IT LOOKS like a planetary tattoo designed to be seen from space, a vast set of concentric circles inscribed in the skin of southern California’s desert. Ground was broken on the Ivanpah power plant, which is to be one of … Continue reading →

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The Weekend Read: Godspeed, Japan!

Posted on March 11, 2011 by macromon

As cars swayed, and trees lurched overhead, you could feel the power of the beast writhing underneath Japan.  – Economist China Demographic Trends Cloud China’s Long-Term Economic Outlook – AEI Don’t Dismiss a Jasmine Moment in China – The Atlantic … Continue reading →

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Chart of the Day: Destination of Libya’s Oil Exports

Posted on February 24, 2011 by macromon

(click here if chart is not observable)

Posted in Crude Oil, Energy, Geopolitical, Uncategorized | Tagged , , | 2 Comments

Soros: Regime Change in Iran, Bond Crisis is U.S.

Posted on February 20, 2011 by macromon

Fareed Zakaria discusses current events with George Soros on today’s GPS.   Click here for the entire interview.   It’s well worth your time. Money Quotes: Comparison 1989 fall of the Berlin Wall and Middle East Uprisings SOROS: It is very similar. … Continue reading →

Posted in Fiscal Policy, Geopolitical, Sovereign Debt, Sovereign Risk, Uncategorized, Whales | Tagged , , , | Leave a comment

Gold Ready to Make New Highs

Posted on February 17, 2011 by macromon

Gold is acting as if it is ready to make its next move taking out the triple top and beyond.   After spending 28 days below its 50-day moving average the gold ETF (GLD) has recaptured it and is generating … Continue reading →

Posted in Uncategorized | 6 Comments

Tracking the Presidential Stock Cycle

Posted on February 14, 2011 by macromon

What a stock market!  Just 29 days (11.5 percent of the year) of trading into the year and the S&P500 is already up 5.94 percent,  outperforming the Presidential Stock Cycle chart analog by 150 bps.  This market is not allowing … Continue reading →

Posted in Uncategorized | 3 Comments