News and Commentary Gold edges lower as dollar holds steady (Reuters.com) Asian markets cool off as investors await Trump-Xi meeting (MarketWatch.com) Trump refuses to condemn Russian aggression against Ukraine (CNN.com) Gold firms on doubts over Fed rate path; focus on G20 (Reuters.com) Stock Rally Hits Speed Bump With U.S. Tariff Alarm (Bloomberg.com) Fed’s Bullard: ‘cracks’ in […]
by John Mauldin via Forbes.com A Worldwide Debt Default Is A Real Possibility Is debt good or bad? The answer is “Yes.” Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don’t have cash yet. Whether it’s wise or not depends on what you buy. Debt to […]
News and Commentary Gold edges lower as dollar holds steady (Reuters.com) Asian markets cool off as investors await Trump-Xi meeting (MarketWatch.com) Trump refuses to condemn Russian aggression against Ukraine (CNN.com) Gold firms on doubts over Fed rate path; focus on G20 (Reuters.com) Stock Rally Hits Speed Bump With U.S. Tariff Alarm (Bloomberg.com) Goldman Predicts Commodities Will […]
By David Brady, CFA Last week, I provided the fundamental background for why I believe the risk of lower lows in Gold remains, based primarily on USD/CNY breaking the critical 7 threshold. I also provided the rationale for the enormous rally to follow, driven by a reversal in policy by the Fed following a stock […]
News and Commentary Gold prices flat amid stronger dollar, investors look to G20 summit (Reuters.com) Tensions rise as Russia fires on Ukrainian naval ships (MarketWatch.com) Gloomy forecasts slash tech valuations as Silicon Valley chokes on smoke (MarketWatch.com) Bitcoin’s haven claim is destroyed amid broad pummeling of riskier assets (MarketWatch.com) How Will the Rollback of Dodd-Frank Affect […]
Key Gold and Precious Metals News, Commentary and Charts This Week Gold and silver traded sideways this week as we saw stock markets take some heat and undo most of the recent recovery from the October sell off. Oil has sold off and is now at levels that we haven’t seen since 2017. Credit: Weekly […]
News and Commentary Oil falls to lowest since late 2017 on emerging supply glut, OPEC expected to cut (Reuters.com) Gold holds steady on Fed interest rate hike uncertainty (Reuters.com) Gold edges up ahead of G20 meeting; set to post second weekly gain (CNBC.com) German GDP data confirms contraction in 3Q (-0.2%) (MarketWatch.com) Is Brexit a Massive […]
Is Brexit a Massive Threat to Globalisation? As Theresa May heads back to Brussels today in a last ditch effort to renegotiate her Brexit deal in order to get it passed through the British Parliament, we take a look not just at the current state of DIS-unity but also ask the question – is Brexit […]
News and Commentary Gold up on Dollar, Global Concerns; Seen Range-Bound for Now (Investing.com) Gold ends at a 2-week high, turns higher week to date (MarketWatch.com) Consumer sentiment slides in November as Americans expect less future income (CNBC.com) U.S. business spending slowing; housing market weak (Reuters.com) Image Credits: Reuters.com A $9 trillion corporate debt bomb is […]
The Heart of the Matter by John Hussman of Hussman Funds Let’s be clear. October’s market decline was a rather mild warning shot. At its lowest close, the S&P 500 lost -9.9% from its September peak, before rebounding in recent sessions. As I noted during the 2000-2002 and 2007-2009 collapses, intermittent “fast, furious, prone-to-failure” rebounds are among the […]
News and Commentary Dow plunges more than 500 points, erases gain for 2018 (CNBC.com) London reveals size of centuries-old gold market for first time (MarketWatch.com) Gold dips as investors opt for safe-haven dollar, bonds (Reuters.ocm) Gold reverses and drops to test $1220 (FXStreet.com) Brexit: May heading to Brussels amid scramble to finalise deal (BBC.com) Powell and […]
Asset management firm Fasanara Capital compared stock valuations to bitcoin in that “it is totally disconnected from fundamentals,” its chief executive told CNBC Impending tipping point for markets is due to a synchronicity of enterprise overvaluation, high indebtedness, low cash balances and a drawback in public flows Still, a major selloff hasn’t arrived, and many market-watchers continue to […]
News and Commentary PRECIOUS-Gold steady in slow trading, muted dollar supports (Reuters.com) Bitcoin price plunges below $4,500 mark in new 2018 low (TheGuardian.com) Wall Street tumbles as Apple, internet stocks swoon (Reuters.com) PRECIOUS-Gold firm as uncertainty about U.S. rates saps dollar (Reuters.com) Image Credits: Reuters.com Brexit deal latest news: Spain threatens to veto agreement over Gibraltar […]
Gilts are on a tear as investors escape U.K. stocks and the pound. But a no-deal Brexit or a Corbyn government would soon change their status. By Mark Gilbert and Marcus Ashworth (via Bloomberg.com) British investors have been fleeing their domestic stock market in droves all year, and everyone and their dog lined up to sell sterling on […]
News and Commentary Gold ticks lower to $1220, though downside remains limited (FXStreet.com) Global stocks push higher, dollar sapped by rate hike uncertainty (Reuters.com) Asian markets quiet as U.S.-China trade tensions linger (MarketWatch.com) Palladium zooms toward parity with gold for first time in 16 years (Reuters.com) Labour gains three-point lead as May’s Brexit plan hits buffers […]
News and Commentary Gold Gains On “Political Turmoil and Increased Uncertainty” Regarding Brexit – GoldCore (Reuters.com) PRECIOUS-Gold nears one-week high on Brexit deal logjam (Reuters.com) Gold prices edge higher amid Brexit turmoil (Reuters.com) Gold steady, in a range above $1210 (FXStreet.com) Gold bugs might find hope in this chart (MarketWatch.com) Fed plans major review of how […]
News and Commentary Pound Falls Most Since 2017 as May’s Brexit Divorce Plan Rocked (Bloomberg.com) Crude’s Collapse Is Sending Shockwaves Across Global Markets (Bloomberg.com) Gold prices hold steady as dollar eases (Reuters.com) Paulson keeps stake in gold investments during third-quarter (Reuters.com) Dow turns negative, giving up 200-point gain, as Apple rolls over (CNBC.com) Gold: Rising gold […]
News and Commentary GoldCore seeks to capitalise on Brexit with Dublin gold vault (Reuters.com) Dublin broker opens new vault for gold bars exiting London due to Brexit (IrishTimes.com) Gold broker and storage company GoldCore said on Tuesday it had opened a gold vault in Dublin (CNBC.com) GoldCore capitalising on Brexit with Ireland’s first institutional grade vault. […]
(Media Release) Investors Set To Move and Store Gold In Dublin Due To Brexit Risks – Investors in Ireland, the UK and internationally can for the first-time own gold in a secure and liquid way in accredited, professionally managed, fully insured, institutional grade vaults – Secure gold investment in Ireland for first time as global risks […]
News and Commentary Gold prices hold steady near 1-month low (Reuters.com) Gold prices likely to rise by year-end: analysts (VietnamNews.vn) In Bullish Shift, Investors Start Buying Gold ETFs (Barrons.com) Silver Speculators Reduced Their Bearish Bets To Best Position In 13 Weeks (Investing.com) Source: Marketwatch Is this an ominous sign that another recession is looming? (MarketWatch.com) What […]