marctomarket.com / by Dr. Win Thin and Ilan Solot / October 24, 2014
The dollar is little changed on the day against the majors.The euro is trading at $1.2650 and the pound at $1.6050. The dollar is just above the ¥108.0 against the yen. There was also little notable price action in the EM [...]
silverinstitute.org / October 22, 2014
(Washington, D.C. – October 22, 2014) – Investors are likely to increase their net silver purchases in the years ahead, largely due to an ongoing weak global economy, for capital preservation and silver’s pedigree as a leading industrial metal, according to a report released today by the Silver Institute. The [...]
traderdannorcini.blogspot.com / Dan Norcini / Tuesday, October 21, 2014
The wire services are reporting this morning that the European Central Bank is considering a plan to purchase corporate debt as part of a response to the Eurozone’s sluggish growth. That has pushed the Euro sharply lower and the Dollar higher by consequence but commodity [...]
blog.milesfranklin.com / Bill Holter / October 21st, 2014
As I wrote yesterday, markets have become schizophrenic and volatility has exploded. It is obvious the uncertainty regarding “QE” (monetization) is at the heart of this renewed volatility. I do want to mention and remind you of past crashes and vicious bear markets, they ALL have seen [...]
kingworldnews.com / October 21, 2014
Today the Godfather of newsletter writers, 90-year old Richard Russell, warned that the world should now brace itself for the creation of a veritable avalanche of fiat currencies. The 60-year market veteran also covered gold, silver, stocks, China, the U.S. dollar and more.
Russell: “In the early days of the [...]
gold-eagle.com / Frank Holmes / October 20, 2014
The United States is doing better than it has in years. Jobs growth is up, unemployment is down, our manufacturing sector carries the rest of the world on its shoulders like a wounded soldier and the World Economic Forum named the U.S. the third-most competitive nation, [...]
traderdannorcini.blogspot.com / Dan Norcini / October 17, 2014
With the kind of week we have just been through, it is certainly a relief to see a bit of “calm” coming back into the markets to close out this wild week. Drawing too many conclusions from the price action is probably not too wise given the [...]
caseyresearch.com / Chuck Butler / October 16, 2014
In This Issue.
* Pfennig problems. * China is not a currency manipulator. * India imports Gold! * China’s reserves fall, no worries.
And Now. Today’s A Pfennig For Your Thoughts.
After A Down Day, The Dollar Rebounds.
Good Day! And a Tub Thumpin’ Thursday to you! [...]
marctomarket.com / by Marc Chandler / October 16, 2014
The global markets are struggling to regain some semblance of stability. The US dollar is consolidating yesterday’s losses and is modestly firmer. US 10-year Treasury yields have slipped back to near 2.0%, while the 10-year German bund yield has slipped to new record lows, below [...]
zerohedge.com / by Tyler Durden / 10/16/2014 07:54 -0400
On the surface, Goldman’s just reported earnings that were significantly better than expected, with the central-bank controlling hedge fund announcing it had earned $4.57 in the third quarter, over a dollar above the $3.21 expected and also above the highest estimate, on revenues of $8.39 billion, [...]
blog.milesfranklin.com / Miles Franklin, Ltd / October 15th, 2014
Q: James Rickards has stated in a number of interviews that the central banks will fail within the next few years. He also predicts that SDRs will then be used for world commerce. Whether central banks or the World Bank aren’t we talking about the [...]
marctomarket.com / by Marc Chandler / October 15, 2014
On October 9, the UK announced it was beginning the launch a yuan-denominated bond, becoming the first sovereign, besides China, to do so. It is spurring talk that this is the death of the US dollar.
It trumps the fact that the recent official reserve [...]
globaleconomicanalysis.blogspot.com /by Mike “Mish” Shedlock / October 14, 2014
In June of 2011 it took about $1.10 to buy an Australian dollar. Today it takes about 87 cents.
In the game of competitive currency debasement that’s not low enough for Guy Debelle, a Reserve Bank of Australia official. Debelle says Markets Face ‘Violent’ Crash, Australian [...]
gold-eagle.com / by David Levenstein / October 14, 2014
The price of gold rebounded from its 15-month low last week to see its biggest weekly gain in four months. After failing to break below a key support level at $1180 an ounce the price of gold rallied higher for the first time in a long [...]
marctomarket.com / by Marc Chandler / October 14, 2014
The US dollar is trading broadly higher as the divergence thesis gains ground with the latest batch of disappointing euro area data. Soft UK BRC sales and price indices suggest that Britain is being pulled closer to the euro area than the US. Separately, for [...]
bullionstar.com / by Koos Jansen / 29-09-2014 20:52
China should accumulate 8,500 tonnes in official gold reserves, more than the US, according to Song Xin, President of the China Gold Association, General Manager of the China National Gold Group Corporation and Party Secretary. He wrote this in an opinion editorial published on Sina Finance [...]
kingworldnews.com / October 14, 2014
Today the Godfather of newsletter writers, 90-year old Richard Russell, condemned the endless propaganda coming out of the United States and the Federal Reserve, and also warned about this bear market will be about the end of fiat money. The 60-year market veteran also covered gold, silver, stocks, China, the [...]
blog.milesfranklin.com / Bill Holter / October 13th, 2014
Very interesting times we now live in, the financial system is running out of options very quickly and “blowing up the world” seems to be the only final option. I know, this sounds grandiose and dire but let me explain.
This past week we finally saw some [...]
marctomarket.com / by Dr. Win Thin and Ilan Solot / October 13, 2014
A better mood in equity markets and a softer dollar at the start of the week gives us some hope for a bounce in EM assets, even if short lived. While the focus remains on major markets for now, several local [...]