ElBaradei to Mubarak: 'Leave Today'

Egyptian opposition leader Mohamed ElBaradei is calling on President Hosni Mubarak to step down as he tells thousands of protesters 'change is coming.'


COT report..corrected for my commentary on Jan 29.2011

posted by Harvey Organ at Harvey Organ's - The Daily Gold & Silver Report - 13 hours ago

Good evening Ladies and Gentlemen:   I accidently this morning took the previous week's COT instead of what was released last night.   Here is the corrected version:   First the COT gold report:   ...

Arabic Broadcaster Al-Jazeera Is Banned in Egypt

Clinton to Egypt: Pursue Democracy

 

Mubarak Meets With Military as Protests, Looting Rock Egypt



Senator Rand Paul of Kentucky has proposed a list of budget cuts that will total $500 Billion dollars in savings.



a map of the dozens of riots in recent weeks across the globe that can be attributed to price hikes as well as a few price hikes in the US.




Budget deficit to hit $1.48 trillion.



Regulators Shut Down Small Banks in Oklahoma and Wisconsin   

World Markets Sink as Protests Escalate in Egypt   


Fitch Downgrades Egypt Outlook to Negative   


More Robust Spending Helps Economy Gain Steam   


The US Goes Back to the Gold Standard   

Weekly Chartology: Mind The Russell 2000 Gap

Submitted by Tyler Durden on 01/30/2011 10:50 -0500

This week's key themes presented by Goldman's David Kostin: "The weak fiscal condition of federal, state and local governments, and corporate tax reform dominated our discussions this week with hedge fund and mutual fund portfolio managers. So far, 207 firms in the S&P 500 have reported 4Q results (55% of total cap). 45% of companies reporting have beat consensus earnings estimates by more than one standard deviation (above the historical average of 41%) and 9% have missed estimates (vs. average of 14%). The average EPS surprise has been nearly 10%, above the 4% historical average. Excluding Financials, there are fewer positive surprises (44%) and fewer negative surprises (6%)." For now Kostin is still sticking to his 1,500 forecast: "The S&P 500 rose 1.5% this week. Industrials was the best-performing sector (+3.0%) while Consumer Staples was the worst-performing sector (-0.5%). We expect the S&P 500 to rise to 1500 in 12 months (+15%)." We give this forecast three months max. After all, the path for QE3 must be paved with good intentions. And the kicker: "We expect a  combination of 8% sales growth and 30 bp of net margin expansion to 8.8% will combine to boost EPS by 14% to $96 per share." Ongoing margin expansion as most companies are prewarning about maring collapses... This is beyond painful.