U.K. stocks could slump 80 percent as the economy is roiled by a recession and higher inflation following the vote to leave the European Union.
The falling pound is already fueling inflation, and Brexit could compound the impact if it makes foreign workers scarcer
Certainly the bond market is starting to see it. That’s why holders of large amounts of U.S. Treasurys are selling their holdings hand over fist — and have been for months.
The surge in the VIX is a taste of just how much the broader market is unprepared for coming events.
Moller-Maersk Group, the world's largest shipping company by capacity, announced a slump in third-quarter profits on Wednesday due to low freight prices.
Three of the Federal Reserve’s own primary dealers are warning bond traders that a growing consensus the central bank will raise interest rates by year-end is misguided.
Political risk and steady-as-she-goes data made markets doubt a hike
Following last month's disappointing drop in ADP jobs (then confirmed by payrolls), October's ADP employment report printed 147k (less than the expected 165k) - the weakest since April 2013.
Gold prices extended overnight gains during Europe's session on Wednesday, climbing to a fresh one-month high as demand for safe-haven assets was boosted amid growing jitters over the U.S. presidential election.
The South African Rand is often a leading indicator for where silver (in dollars) is going, as previously explained. Furthermore, the chart of the silver price in rands can often provide very clear signals or patterns of what might happen to price. Currently, the silver price in rands provides the…
If the cycles behave like they always did, and we do not even question this, the next top of the gold rally will be set in the year 2020.
The precious metal could reach levels not seen since 2013.
Spot gold hit its highest since early October up over $1,284.93 an ounce and was up 0.5 per cent at $1,284.10 an ounce at 1043 GMT. US gold futures for December delivery were up $12.10.
The increased bullish position is up from a seven-month low the previous week of 130,954 net long contracts, and the first increase for four weeks.
These two factors are clearly in play today as the metals move higher in a surge we've been expecting since late last week. However, these gains might just as quickly […]
The people of Venezuela are currently suffering from triple-digit inflation and their bolívar fuerte ("strong bolívar") currency isn’t worth 0.10 US cents at the moment, according to Bloomberg. As the country approaches hyperinflation levels, buying everyday items (when available) takes so many bank notes businesses have abandoned counting and starting weighing money instead. Boxes and bags of bills are becoming a nuisance to shop owners who have to find places to store the currency.
Clive Maund sees an intermediate base forming for silver, a "classic buy spot."
Precious metals expert Michael Ballanger discusses his favorite investing books and reviews the landscape for gold and the U.S. dollar between now and the end of the year as the […]
Silver is now starting to accelerate the pace of its rise as gold conquers overhead resistance and looks upwards.
For gold investors, some days are more awesome than others, and I’ll boldly suggest that today is one of those days. Here’s why: