Monday, November 29, 2010

Oil 2011 Outlook

Nov. 29 2010 | A look at why oil is the highest conviction commodity trade, with John Stephenson, First Asset Investment Management.

Palladium the best-performing metal of the year

The Palladium Touch


North American Palladium CEO Bill Biggar discusses why palladium is the best-performing metal of the year.

Bob Chapman Silver should be over $50 already

Bob Chapman on the Sovereign Economist 24 Nov 2010



Bob Chapman wrote in the International Forecaster of the 27th 2010 "...In the US aggregate household net worth is $12.2 trillion lower today than it was three years ago at its pre-depression peak, a horrible decline of 18.5%, all in order to bring about the conditions to implement world government. That is about $100,000 per household. That money is never coming back nor is what was once known as the American dream and way of life. Baby boomers see it coming and denial is grudgingly becoming acceptance. The ratio of household net worth to disposable personal income has gone from 639% to 472% and it is still plunging. The savings rate, out of fear has risen from minus 0.5% to 5.5%, but still has to double from here to help get the economy going again. At the same time the Fed and Treasury are telling Americans to take on more debt. Homeowners equity has collapsed below $7 trillion from $13.5 trillion, making the situation worse – employment is off 7.5 million and full-time jobs are off 10 million, the worst numbers in 11 years. Real unemployment is 22-5/8%...."
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