Professional investors buy weakness, sell strength, and do so very aggressively...
Today the Fed officials’ words won’t amount to much more than trash talk, kind of like their vociferous vows to raise rates four times this year. In the end, their word proved to be as strong as, well, West Texas Oak.
the increase may reflect a “honeymoon” period that could fade unless actual economic conditions improve
With mortgage rates soaring, it is only a matter of time before US housing is adversely impacted.
Decouples From Production Slump. However, hope in the PMI survey seems to be decoupling from reality in actual production.
Chinese company Minjar Gold has offered a staggering $1.3 billion for a the Kalgoorlie Super Pit mine - $540 million more than any other company was prepared to pay.
Customers lined up outside jewelry stores in Delhi & Mumbai with bags of cash paying double the going rate for Gold
* U.S. data sends U.S. dollar index to fresh 13-1/2 yr high * Fed funds futures imply 100 pct chance of December rate rise
EUR down, Stocks down, Bonds down, Gold down...as 50,000 contracts are dumped
true CapEx, has now declined 15 straight months year-over-year (the longest non-recesionary streak in history).
Lots of excitement that Durable Goods (ex transport) turned green year-over-year for the first time since Dec 2014.
Bo Polny is back with another Jubilee crash warning- Hyperinflation, Gold Fever & The Four Horsemen...
Forget Deutsche Bank.... Of course, all of this news was promptly dismissed by wall street as investors haven't seen a bank stock they didn't want to buy since election night two weeks ago.
Jim Rickards compares the economic conditions Trump will inherit with the conditions Ronald Reagan faced in 1980. Read on...
The big advance certainly has bullish implications, and increases the probability that gold is turning into a bull market.
the US will likely implement serious fiscal stimulus but without Fed QE supporting it whereas Europe will have no meaningful fiscal stimulus but lots of QE.
The U.S. central bank could be left holding an elephant-sized bag as a global dollar-shortage bites.
Slower growth and rising currency volatility may be ahead.
Donald Trump has issued a video outlining his policy plans for his first 100 days in office and vowing to issue a note of intent to withdraw from the Trans-Pacific Partnership “from day one”.
the program from the year 2000 to 2015, we find growth varying from 641 percent growth in Nevada, to 54 percent growth in Wyoming
Michael Hudson debunks the myth that rising home prices are always a boon to homeowners...