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Vladimir Putin said on Wednesday trust had eroded between the U.S. & Russia under President Donald Trump, as Moscow delivered an unusually hostile reception to Secretary of State Rex Tillerson in a face-off over Syria.
    The End of Ultra-Easy Money?
Apr 12, 2017 - 05:42:20 PDT
After eight years of extremely loose monetary policy, the economy is great again & we are to enter into a post-stimulative era of monetary policy. So said Yellen at a recent discussion at the University of Michigan.
    Euroclear Plans 2017 Launch for Blockchain Gold Market
Apr 12, 2017 - 05:38:32 PDT
Clearing and settlement services firm Euroclear has expanded the scope of its blockchain-based gold trading platform project, eyeing a full launch for later this year.
    Hong Kong to Help Myanmar Set up a Gold Exchange
Apr 12, 2017 - 05:37:09 PDT
The operator of Hong Kong’s gold exchange is in talks to help the government of Myanmar establish a bourse in the country for trading the precious metal, according to Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange...
    Hong Kong, London Gold Contracts to Launch by June-July
Apr 12, 2017 - 05:34:20 PDT
The bourse planned to launch trading in two separate London and Hong Kong gold contracts to "coincide with" the 20th anniversary of the British handover of Hong Kong back to China, Li told a conference.
Military buff Nick Mead, bought an Iraqi tank on eBay for £30,000 and could not believe his eyes when he found £2million in gold bars hidden inside.
    The Ticking Debt Bomb
April 11, 2017
Tick … tick … tick … That sound you hear is a ticking debt bomb. According to the most recent data released by the Federal Reserve, outstanding credit card debt eclipsed the $1 trillion mark in February, increasing 6.2% from a year ago. Credit card debt now stands at the highest level since the 2008 crash, according to Fortune.
A collector of military tanks from the United Kingdom got a pretty good return on his $37,000 investment when he found gold bars worth more than $2 million dollars inside its fuel tank. Nick Mead is the owner of Tanks-A-Lot, a company that provides tanks and other armored vehicles for driving classes, private events, and movies.
Assets continue to flow out of SPY. We have seen over $6.6 billion leave the fund since just before the release of the FOMC minutes last week up until now
    S&P 500 Concentration Risk
Apr 11, 2017 - 14:10:33 PDT
There is a woeful lack of economic / revenue sources diversification in the S&P 500 companies.
Gold leads in 2017 as geopolitical risk finally begins to get priced in...
The agreement funding the government expires on April 28, and it’s not getting nearly the attention it deserves. You see, a government shutdown could spook the stock market into a big drop as investors flee stocks for safer alternatives.
Until the S&P can take out the 161% level, it comes into play as the 800 pound resistance zone
    Inflation-Hawk Lacker Was the Fed's Fall Guy
Apr 11, 2017 - 13:05:07 PDT
One of the great Federal Reserve scandals in recent history seemed to resolve itself last week as Jeffrey Lacker of the Richmond Fed resigned for his role in the Medley Leak
    "Hard" Economic Data Slides to One Year Lows
Apr 11, 2017 - 12:52:01 PDT
Our fear now of course is despite rampant optimism in the US, the data just hasn’t delivered.
The Bank of England repeatedly urged commercial banks to lower their Libor settings during the financial crisis, according to a secret tape obtained by the BBC.
It really doesn’t take much to figure out how we got into this mess and can’t ever seem to be able to get out.
If North Korea crosses China's "bottom line," the latter may bomb its neighbor, Chinese reports reveal.
Many are just one more equity market crash away from completely running out of cash.
    Why Billionaire Bond King Gundlach is Long Gold Here
Apr 11, 2017 - 09:51:28 PDT
Real interest rates (you know, after you deduct inflation) are negative—not just in the U.S., but everywhere else in the developed world as well.