Zerohedge

This morning, UBS came out and raised its three month price target on silver from $30 to $50, a near 60% jump as inflation worries persist, and economic growth slows down around the world. Courtesy of ZeroHedge, UBS said that investors are not going to short gold for fear they could get hurt...

Millions of investors, traders and money managers are pinning their hopes on one phrase. Trillions upon trillions of dollars are at stake here. Sorry to disappoint. There will be no QE3. Not on August 26th, anyway. This morning we got July Consumer Price Index (CPI), and it was extremely hot...

What was a great song by Dean Martin now looks like a living hell for the financial markets. There are fears that Italy is the next shoe to drop and it looks like it is getting worse by the day. Art Cashin just went on CNBC and said that Italy could be "too big to be bailed out," not even Germany...

Glaucus Research alleges that L&L Energy (NASDAQ: LLEN) is yet another in the ongoing list of Chinese reverse-merger frauds. Glaucus writes, "According to...SAIC filings, Dickson Lee, the CEO...is the sole owner of Zone Lin, a coal coking factory purportedly acquired by LLEN in the third...

According to a number of European newspapers, star footballers Cristiano Ronaldo and Kaka are now being used as collateral for ECB loans. Presseurop.eu reports that "The most expensive footballer in history may now be used to guarantee the solvency of a Spanish bank." The papers are reporting that...

The house is crumbling from the foundation in this neighborhood. Noted investor Jim Rogers has said that the U.S. has already lost its prestigious AAA credit rating, and as such, Rogers is short the U.S. bond market, and has been short since June 10. Rogers was interviewed by the Wall Street...

"White House Chief of Staff Bill Daley said on Sunday there will be a few stressful days ahead for financial markets but that a U.S. debt deal will ultimately be reached. "In the end, we may have a few stressful days coming up, stressful for the markets of the world and the American people," he...

Some unpleasant developments for the 'Risk On' crowd have emerged in the past few hours, after gold and silver have both surged, with gold once again approaching recent all time highs, and is now once again at $1,605/oz.

In news first heard from ZeroHedge, hedge fund honcho David Einhorn and his firm Greenlight Capital have exited their stake in Yahoo (NASDAQ: YHOO), as the investment thesis changed shortly after initiating the position. According to the letter from Greenlight: "The Partnerships bought Yahoo! (...

ZeroHedge is reporting that Goldman Sachs' Thomas Stolper released a note earlier today reiterating their belief that the Euro will trade higher, despite the recent sell off. Stolper has a target of $1.50 on the Euro, which was nearly hit when the Euro traded as high as $1.4925. He wrote that...

A tweet from ZeroHedge shows that Greece may get bailed out again, citing the Washington Post. In the tweet it says, "Germany's Schaeuble indicates readiness for 2nd Greek aid package, insists on tough conditions." Greece was previously bailed out in 2010, when it received a bailout package from...

According to a tweet from ZeroHedge, PIMCO fund manager Bill Gross is out with comments saying he may change his mind on shorting U.S. Treasuries, if there is a potential for another recession. Benzinga recommends you look at the iShares Barclays 20+ Yr Treas.Bond ETF (NYSE: TLT) and ProShares...

ZeroHedge has obtained details of President Obama's deficit reduction speech. Some of the highlights are cutting the deficit by $4 trillion in the next 12 years or less, and cutting $770 billion by 2023 by reducing non-security discretionary spending. President Obama is scheduled to give the...