gata.org / From TASS, Moscow / Friday, April 21, 2017
YALTA, Crimea, Russia — The only way to stop the United States’ aggression is to get rid of dollar addiction, a Kremlin advisor said on Friday.
“The more aggressive the Americans are the sooner they will see the final collapse of the dollar as […]
zerohedge.com / by Tyler Durden / Apr 23, 2017
A third US citizen has been arrested and remains in custody in North Korea, according to South Korean news agency Yonhap. A man, a Korean-American professor in his 50s, identified by the surname Kim, had been in North Korea for a month to discuss relief […]
zerohedge.com / by Tyler Durden / Apr 22, 2017 10:35 AM
Having repeatedly threatened the annihilation of its neightbor to the south, and most recently warning of a “super-mighty preemptive strike” against the US, one day after it emerged that Pyongyang appeared to have resumed activity at its Punggye-ri Nuclear test site, North Korea […]
mishtalk.com / Mike “Mish” Shedlock / April 21, 2017
Just days after Trump backed away from a trade war with China, the Trump administration launched a National-Security Probe on Steel Imports.
For good measure, Trump blasted Canada over its dairy product policy.
The Trump administration has opened a wide-ranging probe into whether to […]
zerohedge.com / by Tyler Durden / Apr 21, 2017
Just two days after China warned that April 25 is the “highest probability” day for a North Korean nuclear test, South Korea said on Friday that it was on heightened alert ahead of another important anniversary in North Korea, with a large concentration of military […]
wealth.goldmoney.com / BY ALASDAIR MACLEOD / APRIL 21, 2017
Gold and silver peaked on Monday, when much of Europe (including London) was closed for the Easter Monday holiday. Prices then eased to a low point mid-week before moving sideways. Gold peaked at $1295.5 before trading as low as $1274, and this morning in early […]
doctorhousingbubble.com / April 19th, 2017
Foreign money has been a key ingredient in propping up home values in many cities across the United States. There is no doubt about this. If you look at places like Irvine, many new home communities are being sold largely to investors from China. This also applies to house mania […]
wolfstreet.com / by Wolf Richter • Apr 20, 2017
“People need to ask themselves very carefully, ‘Why am I buying this house?”’: Stephen Poloz, Bank of Canada.
The government of the Province of Ontario announced a laundry list of measures to prick the crazy house price bubble in Toronto and surrounding areas. This includes […]
zerohedge.com / by Tyler Durden / Apr 20, 2017 11:52 AM
At noon, Donald Trump will sign an executive order calling for a probe whether imports of foreign-made steel are hurting U.S. national security. The order will revive a decades-old, rarely used law to explore imposing new barriers on steel imports, in this case aimed […]
financialsense.com / MICHAEL PETTIS / 04/19/2017
As long as China has debt capacity, it can achieve any GDP growth rate Beijing requires, simply by allowing credit to expand. But debt levels are already high, and credit must expand at an accelerating pace to maintain growth. China is probably still a few years away from […]
zerohedge.com / by Tyler Durden / Apr 20, 2017 11:00 AM
After a week of flip-flops on everything from the value of NATO to labeling China a currency manipulator, moves which quickly earned him the moniker of ‘flipper-in-chief’ from a disgruntled base, Trump, under internal pressure to show legislative achievements ahead of the 100-day […]
zerohedge.com / by Tyler Durden / Apr 20, 2017 10:40 AM
In Crispin Odey’s latest letter to investors, the billionaire hedge fund manager laments “how quickly everything has changed”, notes that “without the reflation fireworks, equity markets feel vulnerable”, and concludes that while a year ago it was easy to be bearish – China […]
ibankcoin.com / Dr. Fly / Apr 19, 2017
After last year’s market rout in China, accompanied by an FX crisis that presented the great dog eating nation with horrible problems, the Shanghai has been under complete government control. Some cynics out there might call it ‘rigged.’
The Shanghai has now gone 84 trading days […]
zerohedge.com / by Tyler Durden / Apr 20, 2017
The US has seen evidence that the Chinese military is preparing “for a potential North Korea contingency“, CNN reports citing a US defense official, and adds that Chinese air force land-attack, cruise-missile-capable bombers were put “on high alert” on Wednesday.
The official added that […]
news.goldseek.com / By David Haggith / Thursday, 20 April 2017
As president Trump relishes telling the story, he was sitting with President Xi of China, who was enjoying a beautiful, huge slice of chocolate cake — the best chocolate cake you ever saw, which can be enjoyed only at Mar-A-Lago — when Trump decided it […]
zerohedge.com / by Tyler Durden / Apr 19, 2017 3:13 PM
The much anticipated Tesla Model 3 has yet to be released and already a groundswell of electric car competition is forming to challenge Elon Musk’s upcoming offering. Start in China, where the Model 3 is not due to arrive until next year, but […]
zerohedge.com / by Tyler Durden / Apr 19, 2017 6:43 AM
European stocks rebounded after the biggest one-day drop since November, alongside S&P futures, while Asian equities posted modest declines after yesterday’s weak US close. Gold and yen slid, while the dollar gained on the latest Mnuchin comments to the FT according to which […]
zerohedge.com / by Tyler Durden / Apr 19, 2017 7:46 AM
In discussing the key overnight news in an otherwise quiet session, JPM writes that “the most important headline was prob. the one concerning China loosening some currency outflow curbs” so focusing on that, Reuters, and SCMP before it, reports that after months of draconian […]
zerohedge.com / by Tyler Durden / Apr 19, 2017
As Trump warned N. Korea, ‘armada’ headed to Australia (Reuters) Threat of Carrier Heading to Koreas Wasn’t All It Seemed (WSJ) Markets Start to Ponder the $13 Trillion Asset Gorilla in the Room (BBG) Investors’ Nightmare Scenario Takes Shape in French Election (WSJ) Venezuelan opposition to […]
gata.org / By David Milliken / Wednesday, April 19, 2017
U.S. President Donald Trump is “absolutely not” trying to talk down the strength of the dollar, Treasury Secretary Steven Mnuchin was quoted as saying in the Financial Times today.
Trump said last week in an interview with the Wall Street Journal that the dollar […]
zerohedge.com / by Tyler Durden / Apr 18, 2017 10:17 AM
Having repeatedly noted that his clients desperately held on to hope that the reflationary impulse would sustain despite the adverse series of events and geopolitical shocks over the past two weeks, RBC’s head of cross-asset strategy Charlie McElligott may have just stuck a […]
zerohedge.com / by Tyler Durden / Apr 18, 2017 9:29 AM
In today’s barrage of macro data, moments ago the IMF released its latest World Economic Outlook report, in which it now sees the global economy accelerating in broad-based expansion this year, even as it cites shifts to protectionism as a threat, and cuts its […]
deviantinvestor.com / by Gary Christenson / April 18, 2017
Afghanistan, Iraq, Syria, Iran, North Korea, Russia, China ……..
In the 1960s Peter, Paul and Mary popularized a song written by Pete Seeger – “Where Have All the Flowers Gone?”
The short version is:
Where have all the flowers gone?
Young girls have picked them.
news.goldseek.com / Julian D.W. Phillips / 18 April 2017
Gold Today –New York closed at $1,283.80 yesterday after closing at$1,281.50 Thursday. London opened at $1,286.00 today.
Overall the dollar was mixed against global currencies early today. Before London’s opening:
– The $: € was slightly weaker at $1.0649 after Thursday’s $1.0646:€1.
– The Dollar […]