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“Scariest Chart Ever”……Redux

Posted by Tyler Durden - ZeroHedge

on Friday, 21 October 2011 2:31

Debt_Over_GDP

Earlier today we presented Bloomberg’s Chart of the Day which represented the GDP and Debt per capita on a historical and projected basis, and we hysterically, and tongue-in-cheekly, dubbed it “the scariest chart ever” because it confirmed that at some point, very soon, US Debt will surpass GDP and never look back. We decided to dig into the actual numbers (cancelling out the per capital denominator as it is the same on both sides of the equation) and came to a very disturbing revelation:
….read more HERE

Suicide of the Saver

Posted by Adrian Ash, BullionVault

on Thursday, 20 October 2011 13:57

Ed Note: The 10 yr Treasury note Yield recently hit a low of 1.7%, destroying as the author posits the whlole idea of saving for a rainy day (at least with bonds!)

 

10year_yield

Suicide of the Saver

Savers and pensioners! Your murderers need no revolution to storm your stately homes and palaces…

IT’S NOW 100 years since Great Britain established its welfare state. Shortly after, and as the First World War kicked off, it abandoned the free exchange of bullion for notes under the classical Gold Standard.

Those 3 events were far from unrelated, but 100 years later it’s the monetary shift which feels most pressing right now. Yes, political fighting over the welfare state is hotting up, but a European shooting match looks unlikely (for the time being). Whereas UK savers and retirees, like their peers across the continent, in North America and pretty much everywhere else, are getting slaughtered.

 

….read more HERE

Investing in the Lumber Sector with ETFs

Posted by Don Vialoux via The Globe & Mail

on Thursday, 20 October 2011 9:27

The lumber sector has just entered into a period of seasonal strength. How can investors participate in the sector with Exchange Traded Funds (ETFs)?

LUMBER SEASONALITY

Seasonal influences for lumber are positive from the middle of October to the middle of February. Average gain per period during the past 20 periods is 6.5 percent. Traditionally, demand for lumber in North America increases during the period because lumber distributors and the construction industry are ordering lumber for the spring home building and construction season.

….read more HERE

Since hitting $1,900 an ounce through the beginning of October, gold has declined nearly 11 percent. Over the same timeframe, the NYSE Arca Gold Miners Index lost almost 13 percent. That’s a closer performance correlation than the roughly 3-to-1 gold equities to bullion ratio we’ve historically seen and could mean the miners are finally closing the gap.

….read more HERE

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