financialsense.com / ADRIAN ASH / 02/21/2017
Gold prices fell below $1230 per ounce in London trade Tuesday morning, losing 1% from last week’s finish as US traders returned from the President’s Day holiday focused on how Donald Trump and rising inflation could see the Federal Reserve raise interest rates again as early as March.
zerohedge.com / by Tyler Durden / Feb 21, 2017 8:38 AM
Eurozone private sector and manufacturing growth unexpectedly jumped to the highest in six years in February and job creation reached its fastest since August 2007, propelled by strong demand and optimism about the future, the latest Markit PMI survey found. The Markit Eurozone PMI […]
mises.org / C. Jay Engel / February 21, 2017
It’s amazing how the same set of economic data can create two very different opinions on the overrated Fed Funds hike issue. In two Bloomberg opinion pieces last week, we see the stark difference:
Tim Duy: It’s Way Too Early for the Fed to Consider […]
news.goldseek.com / By: Warren Bevan / 20 February 2017
It’s long weekend time with markets closed Monday and the trend higher nicely intact.
The metals are looking better and better and moving higher very well.
That said, mining stocks are a bit mixed but may well give us some strong moves early in 2017, as […]
news.goldseek.com / By: CAPTAINHOOK / 20 February 2017
The reason we are looking at this today is because of how the Trump Bump is causing input prices to jump higher already, evidenced in the most recent (December) US ISM numbers, showing the biggest jump since 2011. And this trend will most likely continue with the […]
zerohedge.com / by Lance Roberts via RealInvestmentAdvice.com / Feb 17, 2017 4:31 PM
As discussed yesterday, the exuberance in the markets, as witnessed by the net positioning of large speculators, has reached records on both ends of the spectrum. Those extremes, combined with spiking levels of “hope” in both the financial and economic data is […]
wealth.goldmoney.com / BY ALASDAIR MACLEOD / FEBRUARY 17, 2017
The Trump administration is running into choppy waters, commodity prices are on the up, and inflation is around the corner.
After a slow start, gold and silver resumed their uptrends this week, with both metals edging into new high ground. Gold rose slightly from $1233.5 […]
goldcore.com / By janskoyles / February 16, 2017
Gold is undervalued according to a record number of fund managers Last time gold was considered undervalued, the price surged BAML surveyed 175 money managers with $543 billion in assets under management 34% of investors believe protectionism is the biggest threat to markets Gold viewed as […]
zerohedge.com / by Tyler Durden / Feb 15, 2017 4:05 PM
Apologies for earlier error in title.
Surging inflation, plunging real wages, jumping mortgage delinquencies, and record crude and gasoline inventories… then Trump drops the ‘t’ word and the market melts up…
Intraday, March rate-hike odds hit 46%, seemingly surging off “off the table” […]
zerohedge.com / by Tyler Durden / Feb 15, 2017 11:35 AM
For those who said a March rate hike looks increasingly likely after today’s blistering CPI report, which saw inflation printing at the highest in nearly 5 years, you are not alone: moments ago Goldman’s chief economist agreed that the “firm CPI may bring […]
financialsense.com / FS STAFF / 02/14/2017
We’ve seen a divergence between “hard” economic numbers and relatively strong “soft” data including sentiment readings, and the consensus is for an economic reflation under President Trump’s direction.
To parse what this might mean for investors, we spoke with Jim Bianco, president of Bianco Research on FS Insider to […]
news.goldseek.com / By: Steve Saville, The Speculative Investor / 15 February 2017
The chart displayed near the end of this discussion is effectively a pictorial representation of what Keynesian economists call a paradox* (“Gibson’s Paradox”) and Austrian economists call a natural and perfectly understandable relationship.
Gibson’s Paradox was the name given by JM Keynes to […]
zerohedge.com / by Tyler Durden / Feb 15, 2017
The global “risk on” melt-up continues.
After a modestly hawkish Yellen warned that every meeting is live, and refused to take March off the table, sending the dollar and yield higher and the S&P to fresh record highs, world stocks rose hitting a 21-month high […]
financialsense.com / MATTHEW KERKHOFF / 02/14/2017
After years of fighting against the forces of deflation, many areas of the world, including the US, are experiencing a rebound in inflation and growth prospects. The promise of rising prices and accelerating economic growth are causing asset prices to head higher, but how long will this phenomenon […]
zerohedge.com / by Tyler Durden / Feb 14, 2017 11:06 AM
With “Goldman Guys” forming the core support pillar of Donald Trump’s economic and financial advisory team, it is easy to forget that Goldman is also the one bank whose alumni also dominate not only the Fed, but all other central banks, and as such […]
wallstreetexaminer.com / by Brian Maher / February 13, 2017
The warring forces of inflation and deflation are at each other’s throats. Some see victory for inflation. Others for deflation.
So… What happens to gold?
Conventional wisdom says gold thrives under inflation and wilts under deflation. The case for gold under inflation is easy enough. Gold […]
mishtalk.com / Mike “Mish” Shedlock / February 13, 2017
Every month the Federal Reserve Bank of New York does a survey of consumer expectations: Inflation, spending, earning, and jobs.
The January 2017 report came out today.
Amusingly, the Fed indirectly relies on consumer confidence numbers to gage spending projections but does not rely on […]
zerohedge.com / by Tyler Durden / Feb 13, 2017 8:42 AM
The key economic releases this week are CPI, retail sales, and industrial production on Wednesday. In addition, there are several scheduled speaking engagements from Fed officials this week, including Chair Yellen’s semi-annual Monetary Policy Report to Congress on Tuesday and Wednesday (Humphrey-Hawkins).
marctomarket.com / by Marc Chandler / February 13, 2017
With inflation and growth reports due out this week and Federal Reserve Chair Yellen’s testimony before Congress, it promises to be a busy week for investors. However, the week has begun off fairly quietly, while the recent rally in equities continues. The US dollar is […]
financialsense.com / JILL MISLINSKI / 2/10/2017
Today’s release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 145.6, up 0.4 from the previous week. It is currently at an all-time high. Year-over-year the four-week moving average of the indicator is now at 11.92%, up from 11.50% […]
zerohedge.com / by Tyler Durden / Feb 9, 2017 2:03 PM
The Central Bank of Mexico hiked rates 50bps to 6.25% (as expected) and sent the peso rallying modestly. As Bloomberg notes, Banxico appears more concerned at inflationary pressures than growth slowdown.
Mexico Central Bank Issues Statement Following Rate Decision: Banxico to Closely Watch […]
news.goldseek.com / By: Rick Ackerman, Rick’s Picks / 9 February 2017
The inflation drumbeat has grown more insistent lately, stoked by Fed blather about raising rates to prevent the economy from overheating. Yeah, sure. I’m not buying any of it, particularly statistics that purport to show inflation even in Europe. An epic deflation still awaits […]
wallstreetexaminer.com / by Anthony B. Sanders / February 8, 2017
TOKYO, Feb 3 (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday that the central bank would pursue “powerful” monetary easing to accelerate inflation to its 2 percent target, describing the current situation as being half way to hitting […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, FEBRUARY 06, 2017
Neocolonial “capitalist paradise” or crony “socialist paradise”: the net result is the same: expropriation and impoverishment. Yesterday I noted that not all assets will make it through the inevitable financial re-set. ( Which Assets Are Most Likely to Survive the Inevitable “System Re-Set”?) Those […]
mises.org / William L. Anderson / February 6, 2017
Nearly four decades ago, political pundits were shocked as voters turned away President Jimmy Carter and voted in Ronald Reagan, who promised to bring fundamental change to Washington and the indwelling political establishment. At the time, unemployment was rising quickly and inflation raged in double-digits, […]