gold-eagle.com / John Hathaway / November 25, 2014
The “strength” in the dollar appears to have been the proximate cause of the recent selloff in gold. The rise in the dollar index (DXY) is taken by most to mean that the dollar is actually strong. The chart below shows the inverse correlation between the DXY […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, NOVEMBER 24, 2014
Playing monetary games has done nothing to eliminate moral hazard.
If we step back and look at the past six years since the global financial meltdown of 2008, we see that in terms of financial and political power, nothing has changed–and that’s the problem. If […]
gata.org / CHRIS POWELL / November 24, 2014
Dear Friend of GATA and Gold:
With his new study, “Bubble-ology,” Hinde Capital CEO Ben Davies describes the “financialization” of the world economy by central banks, their market-destroying interventions and, really, their destruction of basic productivity. Davies’ study is posted here:
zerohedge.com / by Tyler Durden on 11/24/2014 15:19
From the bank that a few days ago informed us that “People Are Talking About Helicopter Money And Debt Cancellation Being The End Game“, comes the logical next step. Here it is, without commentary and the key section highlighted:
From Deutsche bank Behavioral Finance: Daily Metals Outlook
zerohedge.com / by Tyler Durden / 11/24/2014 08:01
While OPEC has been mostly irrelevant in the past 5 years as a result of Saudi Arabia’s recurring cartel-busting moves, which have seen the oil exporter frequently align with the US instead of with its OPEC “peers”, and thanks to central banks flooding the market with liquidity […]
rickackerman.com / BY RICK ACKERMAN / NOVEMBER 24, 2014 6:50 AM GMT
The Plunge Protection Team has been hard at work lately, although not in the way some traders might imagine. The very name evokes the shadowy activities of a group of Svengalis believed to control the stock market through timely interventions in such key […]
gold-eagle.com / Vronsky / November 24, 2014
Indubitably, there are several factors which heretofore have affected the price of gold. Needless to say, these factors have been material drivers that have fuelled the price of gold since the present secular bull market was birthed in 2001. Here are these gold price stimulating forces:
The bombing […]
zerohedge.com / by Tyler Durden on 11/22/2014 22:08
A Zero Hedge reader, and long-time futures trader, shares his views on the evolution of the “market”, where it was, where it is, and where it may be going.
* * *
I have been an independent trader for 23 years, starting at the CBOT in grains […]
davidstockmanscontracorner.com / by David Stockman / November 21, 2014
The global financial system has come unglued. Everywhere the real world evidence points to cooling growth, faltering investment, slowing trade, vast excess industrial capacity, peak private debt, public fiscal exhaustion, currency wars, intensified politico-military conflict and an unprecedented disconnect between debt-saturated real economies and irrationally […]
silver investor.com, Published on Nov 21, 2014
This week we have silver guru David Morgan who talks about how much longer he expects to see these oversold prices in the metals. Don’t miss my must-hear interview with David Morgan.
zerohedge.com / by Tyler Durden on 11/21/2014 16:08
Despite the knee-trembling awesomeness of a double-whammy promise of liquidity, US equity markets ended the week on a decidedly down note. The realization that Draghi’s all talk (no impact on US stocks) and PBOC’s move is not a liquidity surge and has limited impact on the […]
zerohedge.com / by Tyler Durden / 11/21/2014 08:20 -0500
First Mario Draghi made some strong statements speaking in Asia that “it is essential to bring back inflation to target and without delay,” which sent EURUSD tumbling BUT did not spark moves in the S&P 500 (though Gold slipped). It was not until the PBOC cut […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, NOVEMBER 20, 2014
The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy.
I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), […]
kingworldnews.com / November 20, 2014
Today King World News interviewed a 60-year market veteran who made some absolutely incredible predictions regarding the silver market. He discussed why the price of silver is headed to levels that seem unimaginable today. Below is six-decade market veteran Ron Rosen’s remarkable interview.
Rosen: “The most bullish pattern […]
blog.milesfranklin.com / Andrew Hoffman / November 19th, 2014
According to this chart, the Fed’s favorite “inflation barometer” – the “five-year forward five-year inflation expectations index” – has fallen to its lowest level since the 2008 financial crisis; you know, when oil was $40/bbl. and no one bought anything, as a cumulative “deer in headlights” syndrome […]
bullionstar.com / by Koos Jansen / 19 Nov 2014
In 1991 the Dutch central bank (DNB) held 1,700 tonnes in official gold reserves, currently they have 613 tonnes – of which 67 tonnes are stored in Amsterdam, 300 tonnes at the Federal Reserve Bank Of New York (FRBNY), 123 tonnes at the Bank Of England […]
mises.org / Brendan Brown / NOVEMBER 19, 2014
The present global plague of asset price inflation — with its origins in Federal Reserve quantitative easing policies and featuring much irrational exuberance — is transitioning into a new phase. Some optimistic commentators suggest a benign and painless end to the plague lies ahead. They cite […]
bullionstar.com / by a Mystery / 18 Nov 2014
I am always a little surprised when trend traders like Armstrong try to insert fundamentals into the why things move in a certain direction in these so called markets. Ed Seykota, the father of trend trading, calls them funnymentals and at times surpriseamentals.
Take the latest […]
goldsilverworlds.com / November 17, 2014
Nick Laird at Sharelynx has recently complied historical data from multiple sources on the amount of earmarked (custodial) gold held by the US Federal Reserve Bank for other central banks. The chart below shows these stocks, in green, as well as the US’ gold reserves (in blue) and in […]
mises.org / by Peter St. Onge / Monday, November 17, 2014
In a recent paper cited last month in The Economist, a trio of economists ran a kitchen sink’s worth of correlations on investment numbers. Kothari et al. concluded that profit growth and stock price boost investment, but that interest rates have a negative […]