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 […]
marctomarket.com / by Marc Chandler / November 26, 2014
The capital markets are mostly quiet, amid a light news stream, and ahead of three key events in the coming days, with US markets closed tomorrow and light participation expected on Friday. These events are tomorrow’s OPEC meeting, the flash euro area inflation reading on […]
zerohedge.com / by Tyler Durden on 11/25/2014 11:32
While everyone is aware by now that the biggest component of SAC’s abnormal performance over the years was its recourse to “information arbitrage” and its reliance on “expert networks”, both of which managed to send the SAC logo to Federal Purgatory, if not the hedge fund’s […]
goldsilverworlds.com / David Levenstein / November 25, 2014
Gold prices have drifted slightly lower this week after hitting the highest level in three weeks due mainly to a stronger U.S. dollar and China’s move to cut a key interest rate.
The greenback received a boost last week when European Central Bank (ECB) President, Mario […]
gold-eagle.com / Robert Shapiro / November 24, 2014
We saw yesterday that, although the Dollar has been strong versus the currencies of our trading partners, over the long haul – 60 years – Americans have been savaged by our government’s policies which have caused this fall in the Dollar’s international purchasing power. This fall […]
marctomarket.com / by Marc Chandler / November 25, 2014
The US dollar remains within recent ranges against the euro, yen and sterling. The antipodean currencies have been pushed lower, and that is where the movement is today. The main impetus is from a downgrade in the Reserve Bank of New Zealand’s inflation expectations, and […]
caseyresearch.com / Ed Steer / November 25, 2014
¤ YESTERDAY IN GOLD & SILVER
I wouldn’t read too much into yesterday’s gold price action if I were you. The only thing that was noteworthy was that gold’s thin toe-hold on the $1,200 spot price mark disappeared before the London trading day began—and even the feeblest […]
zerohedge.com / by mickeyman via World Complex blog / 11/24/2014 12:51
Last month we saw this chart–in which the swings in the GoldxUSDX index had formed a triangle going back over a year. At that time we were quite close to the apex.
The last few weeks have been eventful. We saw a clear […]
blog.milesfranklin.com / By Bill Holter / November 24th, 2014
It is with a deep sense of gratitude that I have had all of you as friends and associates during what has been a long war, not a good war, but a very long “financial war.” As you know from these writings; this has been a […]
gold-eagle.com / By Michael Pento / November 24, 2014
What really drives the price of gold? Some say it’s a fear gauge. Others prefer to look at the demand coming from the Indian wedding season. But the silliest of all conclusions to reach is that the dollar price of gold should be determined solely by […]
investmentresearchdynamics.com / By David Kranzler / November 23, 2014
China’s ICBC to set up offshore yuan center in Los Angeles: “Beijing wants to promote its currency to more international investors and eventually turn the “redback” into a global reserve currency, while at the same time expanding its already considerable political and economic clout.” – […]
zerohedge.com / by Tyler Durden on 11/23/2014 19:51
The epic voyage of USD Longs and Treasury Shorts continues…
US Dollar speculative long positioning increased $2.5bn this week to a new record high $47.6bn(as EUR and JPY shorts rose further).
mises.ca / by Patrick Barron / Saturday, November 22nd, 2014
It was my pleasure to attend Mises Canada’s “International Conference on Prices and Markets” on November 7 and 8 in beautiful Toronto. Redmond Weissenberger and David Howden were hosts and organizers for our truly jolly group of around seventy attendees.
The conference got off […]
traderdannorcini.blogspot.com / Dan Norcini / Friday, November 21, 2014
I am going to keep these comments short mainly because I am utterly exhausted after the roller coaster ride from this week’s markets.
The one thing that stands out, now that the dust has settled, is the action in the US Dollar.
One look at […]
kingworldnews.com / November 22, 2014
One day after the Dutch announced to the world that they have repatriated 122 tons of gold, today one of the top economists in the world sent King World News what he says is his most important piece ever regarding the gold market. Below is the fantastic piece from Michael […]
gold-eagle.com / Arkadiusz Sieroń / November 19, 2014
The strength (or weakness) in the U.S. dollar is one of the most important drivers of price of gold. However, this is not always true and there are times when they rise or fall simultaneously. The positive correlation between U.S. dollar and gold occurred, for instance, from […]
zerohedge.com / by Tyler Durden / 11/20/2014 08:04 -0500
For the first time since it began collecting data in 1994, Kantar Worldpanel, the market researcher, reported a decline in UK grocery sales by value, as The FT reports the biggest UK grocers were “losing market share hand over fist,” as analysts warn “there are […]
zerohedge.com / by Tyler Durden / 11/20/2014 07:00 -0500
The continuation of the two major themes witnessed over the past month continued overnight: i) the USDJPY rout accelerated, with the Yen running to within 2 pips of 119 against the dollar as Albert Edwards’ revised USDJPY target of 145 now appears just a matter of […]
traderdannorcini.blogspot.com / Dan Norcini / Tuesday, November 18, 2014
Take a look at the following chart comparing the price of the Euro ( in BLACK) to the price of Gold ( in YELLOW).
During December of last year, and January of this year, the linkage broke down but beginning in February the two have moved […]
caseyresearch.com / Chuck Butler / November 19, 2014
In This Issue.
* Dollar is back in driver’s seat this morning. * Commodity Currencies get a double hit! * Chuck calls NY reaction to gold rally bang on! * Iron ore price falls -3.8% overnight! OUCH!
And Now. Today’s A Pfennig For Your Thoughts.