Nothing that makes a difference on the real end. Orders from O&G companies to the manufacturers of separators, flares and combustors. Those orders have remained stagnant for the last 2 quarters
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Canada made one for the comic book fans.
http://www.coin-rare.com/2016-5-supe...re-silver.aspx
Silver/gold up; oil down today.
Gold is over $1300, hasn't been at $1300 for nearly 2 years, silver is approaching th $18 handle. VIX is up; WTI and Brent are both under $50 and have been for a few days.
Oh yeah...Aunt Janet is going to hold on to ZIRP for a while longer, you know because zero interest rates FEEL SO GOOD. I'm sure your personal economies are all JUST GREAT, because Aunt Janet and the financial wizard of economics bar none Barack Obama SAID SO.
http://davidstockmanscontracorner.co...ake-cover-now/Quote:
Besides, most of Flyover Zone America has been hammered by the four horseman of household inflation—- food, energy, housing and medical costs—-to the tune of 3.1% annually for two decades running. Yellen’s claim that inflation is only up by 1.3% during the past year—–and therefore that the Fed has not achieved it inflation goal and must defer normalization—–is just plain laughable.
Noticed that. Missed a chance earlier this year, funny how that works about the time I'm saving to try and pay my taxes by April 20th is the best time to buy (a lot of things).
Rates aren't moving up IMHO without triggering massive defaults. Rock and hard place and that discount that only certain people get is the only thing keeping the music playing.
Gold and silver both ended the day down after a strong start.
Looking like the Brits or going to drop the eur on its ass. Guess there's rumors that the Dutch signs That's it's going to leave as well. Going to check out the London open and watch the circus. Eur crosses are all down except eurgbp which has had a decent run so far. Oh yea gold is up too.
Anyone watching the fun tonight?