Those derivatives again: JPMorgan’s massive CDS index position
Ambrose Evans-Pritchard: Gold crash on Fed tightening and euro salvation looks premature. (Thanks to J.B.G. for the link)
Penny Wise, or 2.4 Cents Foolish? (Thanks to Michael W. for the link.)
Northwest Territorial Mint (one of our advertisers) has announced very unusual special pricing on their own minted silver rounds and bars: Just 65 cents per ounce over spot. (That is about 1/2 of their normal markup.) This includes their Northwest Territorial Mint brand, the Pan American Silver Corp. (silver hammer), or the Stagecoach pre-scored divisible silve rounds and bars. This sale end on April 20th, so don’t delay.
Items from The Economatrix:
Gold Bugs – Keep an Eye on the Canadian Dollar to Keep Confidence
US Economic Crisis: “Subtle as a Train Wreck”