It’s always such luck to find something when you really need it. I didn’t update the monthly chart for silver from July as we need to give time to the market for visible changes. I am very thankful to regular readers who comment on my posts and doing so; they give me a feedback with…
What happens when you combine tax cuts with massive increases in domestic and military spending? A debt tsunami.
As The Fed & quad-witch looms (Dow 20k is within reach), the relationship between US equity & volatility complex appears to breaking down again...
Commercial traders are net long more bond contracts than at any point since 1992
Venezuelans were wearily rushing to deposit bank notes or dump their cash savings entirely on Monday following an announcement by President Nicolas Maduro that he was invalidating the country’s biggest bill because of what he says is an attack on the nation’s liquidity.
Martin Armstrong was wrong about gold during the Great Depression even with the benefit of recorded history. Now, he could possibly be correct regarding the direction of his invention of derivative contracts … but we believe he is entirely wrong about the underlying physical product.
Koos Jansen explains how Physical gold located in Hong Kong and London is used to settle COMEX gold futures contracts through “Exchange For Physical” trading in the over-the-counter market.
The gold sector is on major buy signal:
An armed gang held up a van transporting 70 kilograms (154 pounds) of powdered gold in a dramatic heist near the French city of Lyon on Monday. Four robbers used two cars to block the van at a motorway exit leading to an industrial estate north of Lyon, the police said.
* Fed statement scheduled for 1900 GMT Wednesday * Markets expect quarter-point rise in interest rates
A combination of tax cuts, increased government spending & policies that would curtail trade would be a recipe for disaster for the economy and asset prices.
More Real Fake News from the MSM. Legendary Gold Expert Jim Sinclair (who owns a home in India) reveals: Modi will not confiscate gold outside of some proven limited tax […]
Senate leader also opposes $1 trillion infrastructure stimulus. Deficit hawks have warned Trump’s proposals would add to debt
Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February’s heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and a previously undisclosed letter the organization sent to banks worldwide.
Euro zone inflation could overshoot the European Central Bank's projections as the price of crude oil surges on the back of a production cut decided by key exporters, two ECB policymakers said on Tuesday.
Right now the move in JGB's is only mildly disturbing, but if it continues I think it could act as yet another shock for bond yields globally.
Chinese banks are using accounting sleight of hand. They have been reclassifying what are, essentially, loans into another balance sheet line item described as an “investment receivable.”
Italy's biggest bank plans to raise €13 billion ($13.8 billion) and slash thousands of jobs in an effort to clean up its balance sheet.
Regulators investigate allegations of fraud, misconduct. Prudential also faces review after whistle-blower lawsuit
Gold, according to Macquarie, is setting up for another rally in a fashion similar to last year