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Platinum Surges 12% YTD – Mine Closures Sees Supply Fall To 13 Year Low

Platinum Surges 12% YTD – Mine Closures Sees Supply Fall To 13 Year Low | finance 1 | Scoop.it
From GoldCore
Platinum Surges 12% YTD – Mine Closures Sees Supply Fall to 13 Year Low
Today’s AM fix was USD 1,670.00, EUR 1,234.93, and GBP 1,066.55 per ounce.
Yesterday’s AM fix was USD 1,678.00, EUR 1,240.02, and GBP 1,063.57 per ounce.
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Highbridge's Dubin and York's Dinan make bullish case for equities | HedgeFund Intelligence

Highbridge's Dubin and York's Dinan make bullish case for equities | HedgeFund Intelligence | finance 1 | Scoop.it
Views from Eton Park's Mindich and Och-Ziff's Och from the off-the-record Morgan Stanley Breakers conference.
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Broke US Postal Service Cuts Saturday Delivery

The completely bankrupt US Postal Service, employer of some 500,000 government workers, which for the past two quarters has been surviving on liquidity fumes even as it posted it biggest ever loss in Fiscal 2012, and which recently announced its...
test1's insight:

maybe the good news for UPS and FedEx is coming......

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China Lies Says Eaton CEO: Economy Grew Only 3-4% In 2012

When it comes to estimates of China's growth rate, we could go with the local politburo propaganda which even China itself has admitted is goalseeked worthless drivel fit "only for reference", or we could listen to a megacap CEO, who actually is on...
test1's insight:

electricity probably a more reliable indicator

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MBA: Purchase Mortgage Applications Increase, Highest Since May 2010

MBA: Purchase Mortgage Applications Increase, Highest Since May 2010 | finance 1 | Scoop.it
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey
The Refinance Index increased 4 percent from the previous week.
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