This information about gold flows is critical to understanding what will happen next to the price of gold.
The ‘USD short’ case is now tactically ‘en vogue’ as per the sudden-death of the central bank “policy divergence” story last week--which had been the primary Dollar bull-case driver over the past year.
Banks Poised for Worst Drop Since Brexit Aftermath. Treasuries climbed with Gold.
Four months after the dawn of the Trump trade, currency investors worldwide are capitulating.
In just the past week, lawmakers in Idaho and Arizona have passed bills removing “Capital Gains Taxes” from gold and silver coins and bars. THIS IS A BIG DEAL:
We suspect a cyclical breakdown in the US dollar dollar index to unfold.
Financial risks are mounting in China despite government efforts to rebalance the economy away from low-value manufacturing, said the Organization for Economic Cooperation and Development (OECD).
Tom Keene comments on economic equilibrium models. He speaks with Kingston University Economics Professor Steve Keen (Source: Bloomberg)
There were billboards in all the Toronto subway cars advertising the Canadian Real Estate Wealth Expo - learn how to become a millionaire.
Australia's central bank saw growing risks in the nation's hot housing market when it left rates steady earlier this month, underlining the case against further easing in policy.
If Donald Trump really wants to Make America Great Again, he’s going to have to Make the Dollar Weak Again first.
In the opinion of the public, more inflation & more credit expansion are the only remedy against the evils which inflation & credit expansion have brought about.
The Fed has been expanding its balance sheet – big time – by buying a huge amount of assets in exchange for cash to reassure equity and bond traders.
You might not be aware of it, but America's "credit card"--our national debt--comes with its own disclosure statement:
Additions of government debt over this time have been at a diminishing return. Specifically, at the start of the new millennium the debt to GDP ratio was about 54 percent. Today, it’s well over 100 percent.
The fact that the Fed interceded at every turn but also on every count humiliatingly failed demonstrates one fact of false interventionist lore...
Weakness at (2) could cause US$ selling. Humbly feel what the US$ does at (2), will send many great clues for what assets to overweight towards and what to underweight, going forward.
World stocks are their most expensive in 17 years, but bond yields will need to be much higher than they are currently to trigger an equity bear market
Stocks were selling off on Tuesday for the first time in months, with bank stocks leading the way lower. The big losers were bank stocks, with the XLF ETF that tracks the sector dropping as much as 2.4%. The twin worries here for the banking sector appear to be both a flattening yield curve and concerns
Top Republicans are warning their fellow party members that failing to repeal Obamacare could imperil the goal of a massive tax cut -- and perhaps more of President Donald Trump’s legislative agenda.