Precious metals are apparently waking up. And here is where you can find the best deals.
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The cost of borrowing yuan in Hong Kong surged to a seven-month high amid speculation China’s central bank is intervening to discourage bearish bets on the currency
Global “dollar” balance sheet problems of late? Swap spreads. Unusual RMB onshore illiquidity? O/N SHIBOR at 2.08%. Strange action in CNH? Yep:
Don't count on bailouts, debt forgiveness, debt jubilees, guaranteed minimum income or any other form of free money
The pension crisis is going to be the HUGE issue in 2017. Obama is supporting about a 20% reduction in military retirement benefits. This is how such things are
There is a problem that Illinois faces. There is no actual right for a state to go bankrupt. That does not mean that no state has simply defaulted and never
Mike has made a strong case for gold and silver being the next big asset bubbles. What does history show about his claim?I looked at the biggest bubbles from history, because I wanted to see if there was historical precedence for the gold price exploding into a big bubble. If it has, it could do so again. If it never did, on the other hand, the claim might be harder to prove.Here are the biggest financial bubbles from the modern era. Notice which one was the biggest.
recently, the bank made headlines last week when its Xetra-Gold exchange traded bond failed to deliver gold upon clients' request. This understandably sparked grave concern from many in the financial realm that Deutsche Bank's back is against the ropes once again.
IMF's decision to include the yuan into the Special Drawing Right (SDR) currency basket on the 1st of October can be viewed as an important practical step
Central banks have pumped $9 trillion into the global economy, and they're not done yetSep 9, 2016 - 06:12:31 PDT
The money printing presses are spinning fast. The world's four most powerful central banks have pumped more than $9 trillion into the global economy since the financial crisis.
"Don't just do something, stand there (& say something)," appears to be the mantra for the world's central banks at the moment as $200bn of QE is puked across global asset markets every month
Jim Rickards - “get rid of things standing in the way” of the Fed’s madcap interest rate policies. Like your cash? How about your gold?
The deepening global bond selloff has longer-dated securities bearing most of the brunt.
Chair will need to explain why she can – or – why she can’t do “X” when it was they themselves who are the ones that showed the world how money ex nihlo truly works.
He's still bullish on gold and the companies that dig it out of the ground.
Wells Fargo said on Thursday it fired 5,300 employees for creating ghost accounts over the past five years without the knowledge of customers. Regulators allege millions of these bank and credit card accounts were opened.
Schaueble dismissed a suggestion this week by ECB head Mario Draghi that Germany should use fiscal room for manoeuvre to decrease its export surplus.
German exports fell sharply in July, posting their steepest drop in nearly a year, after the country's goods saw lower global demand.
China is taking steps to escape its debt-deflation spiral. It's a good time to increase infrastructure spending because commodity prices are relatively cheap
Two geopolitical events have Bob Moriarty's attention:
Sep 8, 2016 - 16:08:06 PDT
Last week we put out the same chart, but for gold prices and received an overwhelming response. We also received many emails asking what would happen if silver performs like its previous bull markets, and not surprisingly, it appears we are entering a similar period of prosperity.