Rosenthal Blog

Top Shelf Tweets:Weak Economic Numbers, Dovish Ben Bernanke, Massive Chinese Gold Buying,The End of the Petrodollar,US Bank Credit Curves Improve

admin — Tue, 31 Jan 2012 15:43:13 +0000

BretRosenthal10:19am via HootSuite RT @zerohedge: Yup: the revisions are here: New Orders down from 57.6 to 54.8, Employment from 55.1 to 54.8. NFP to be revised lower next BretRosenthal10:02am via HootSuite January Consumer Confidence 61.1 vs 67.0Briefing.com consensus; December 64.8 Econ #s weak explains Ben B. Dove comments last week. BretRosenthal9:53am via HootSuite PMI figures released to a limited group 3 [...]

Guest Post: The Demise of the Petrodollar by Casey Daily Dispatch

admin — Thu, 26 Jan 2012 16:48:10 +0000

Forward Via Gary Rosenthal of Rosenthal Capital Management Maintaining the integrity of the Petrodollar system has no doubt been the catalyst behind most of the global political events since its inception in 1973. Without a petrodollar the Fed will be forced to monetize not only new Treasury debt but trillions of maturing debt and all debt sold by foreign [...]

Precious Metals Outlook: India Agrees to Pay Gold Instead of US$ For Iranian Oil

admin — Tue, 24 Jan 2012 15:39:32 +0000

Via Gary Rosenthal of Rosenthal Capital Management, If China follows India they would total about 1 million barrels/day of Iranian oil. At $100 oil this would equate to about $36 billon/yr (360 days x 1mm barrels/day x $100/barrel). $36 billion divided by $1700/oz equals approximately 21.2 million troy ounces of gold. Converting 21.2mm troy ounces to [...]

Microsoft (MSFT) A No Brainer Trade for 2012

admin — Fri, 20 Jan 2012 17:05:03 +0000

MSFT Microsoft: Color on qtr (28.12 ) Courtesy of Briefing.com FBR Capital Markets notes, last night MSFT reported decent F2Q12 results, with revenue generally in line with expectations and EPS better than consensus. Expectations for the Windows and Windows Live division (WWLD) were tempered given the disruption caused by the floods in Thailand, but MSFT failed [...]

Credit Market Update: CDS Credit Curves of Key US Banks Are Now Positively Sloped Reducing Major Equity Market Risk

admin — Fri, 20 Jan 2012 15:24:00 +0000

… Guest Post: MJ The Credit Guru Was Pollyanna Invited to the Party? Summary  Risk of a European nightmare occurring has materially declined…  US Bank Credit Curve are Positively Sloped…DRAMATICALLY reducing their risk of default within the next year.  Last week we stated “….Bank equities and credit will give up this year’s gains unless the bank CDS curves [...]

Top Shelf Tweets

admin — Wed, 18 Jan 2012 20:37:46 +0000

BretRosenthal2:20pm via HootSuite Gold Price Drop `Anomoly,’ U.S. Gold’s McEwen Says ow.ly/8ya4x BretRosenthalJan 17, 1:19pm via HootSuite RT @zerohedge: MF GLOBAL SAID TO HAVE USED CUSTOMER FUNDS TO PAY OVERDRAFT BretRosenthalJan 17, 1:19pm via HootSuite RT @zerohedge: MF GLOBAL SAID TO HAVE TOLD JPMORGAN TRANSFER WAS PROPERLY DONE – BBG BretRosenthalJan 17, 10:14am via HootSuite Germany Considers Ban On Sovereign Bond Sales. True [...]

Precious Metals Outlook: Physical Silver 30% Premium amid Backwardation & More on the Pan Asia Gold Exchange

admin — Mon, 09 Jan 2012 16:04:40 +0000

Physical Silver Surges To Record 30% Premium Over Spot, In Backwardation Guest Post: ZeroHedge One of the main reasons why we have been not so focused on paper representations of real currencies (i.e., gold and silver) is that ever since the MF Global debacle, in which it became all too clear that if physical gold can be [...]

A Little Perspective on Silver & The Definitive MF Global Crisis Recap

admin — Fri, 06 Jan 2012 17:28:43 +0000

Precious Metals Outlook: North American Silver Supplies Can’t Keep Up With Demand “In 2002 the two countries (Canada & USA)produced 87.5 million oz of silver and sold 11 million Silver Eagles and Maple Leaf coins. These coins sales accounted for 12.6% of U.S. and Canadian silver production. In 2011, just nine years later, the U.S. and Canada are [...]

Top Shelf Tweets:NoLabels,Silver Jumps,AUD/USD,Marc Faber,LTRO=QE,FED vs ECB,MF Global

admin — Tue, 03 Jan 2012 18:24:10 +0000

BretRosenthal11:43am via HootSuite NoLabels Home Page:nolabels.org/front BretRosenthal11:42am via HootSuite SIGN petition and SEND letter to your elected official (auto creation with ability to edit and personalize): ow.ly/8gOyJ BretRosenthal11:42am via HootSuite NoLabels 12 Point Reform Agenda:ow.ly/8gOwM BretRosenthal11:40am via HootSuite Silver jumps 6.6%.Largest since 11/24/08 – over three years ago ow.ly/8gOmQ BretRosenthal9:43am via HootSuite Presenting 2011’s Top 10 Most Corrupt American Politicians ow.ly/8gCL2 BretRosenthal9:38am via HootSuite There Is No Joy In [...]

Guest Post: Words and Phrases We Hope Not To See Or Hear In 2012

admin — Fri, 30 Dec 2011 14:57:45 +0000

Courtesy ZeroHedge: Via Peter Tchir of TF Market Advisors, Rather than making some predictions, here is a list of words and phrases that were popular in 2011 that just annoy me. It would be nice if they become less popular in 2012, but I predict they will remain in use. Bazooka No self-respecting videogame would have a “bazooka” [...]