Author Archive: Jeremy Parkinson
Roasted Turkey
What I know about Turkish politics could probably fill about two sentences (which, I suspect, puts me in the 95th percentile of Americans), but apparently it’s even worse there than here. Allow me to show you how their lira is doing: So that exciting trip you’ve been thinking of taking to Istanbul – go for it! It’ll be dirt […]
TRY As It Might, Turkey Can’t Stop Its Currency From Melting Down
The economic situation in Turkey has been a powder keg for months, and it’s finally found a spark. While investors have never truly trusted Turkish President Recep Tayyip Erdogan, he’s shredded his last vestiges of credibility in recent months by appointing his son-in-law as the country’s finance minister and espousing his belief that lower interest rates were needed to fight inflation, […]
Interest Rates Could Be Creating Topping Patterns, Says Joe Friday
The trend for interest rates over the past couple of years is clearly higher, as yields have risen sharply! The 10-year yield trend over the past 6-years is flat and the same can be said for the 30-year yield over the past 3-years, as each is at the top of respective trading ranges. Joe Friday Just The Facts- Interest rates are […]
Why GOOG Is A $1900 Stock
Why Google is a $1,900 Stock Everyone uses Google to search the web. More than 90% of all internet searches are taken place over Google and its subsidiaries and there are 3.5 billion searches via Google per day. (Business Insider, 2018)As a result of Google’s frequent use by the consumer, the word “google” was added […]
Offshore Gold Storage: Are You An Owner Or A Creditor? – Part 1
Video Length: 00:36:19 This is the first part of a four-part series delving into the critical areas to look for with offshore gold storage to truly secure your wealth with SBTV’s latest guest, Gregor Gregersen. Gregor deconstructs the often opaque inner workings of the gold & silver storage industry and asks bullion owners storing offshore […]
E Forex Analysis Of GBP/USD For Friday, August 10
First, we look into the previous day trade and what happened on August 9, 2018, and the GBP/USD pair opened at 1.28817 and went high at 1.29111 and gone to low at 1.28171 and finally closed at 1.28229. The calculated pivot point for the day is 1.28504. The difference between high and low was nearly […]
The New Rash Of Investor Rip-Offs… And How To Avoid Them
Technology like crowdfunding and the rise of various, new asset classes including Bitcoin and cryptocurrencies have combined to create some exciting, new opportunities for investors. But recent statements from the North American Securities Administrators Association (NASAA) warn that scammers and con artists are also following the money, and there has been a significant increase in […]
Another Highly Optimistic Business Owners’ Survey
Many of the consumer and business sentiment surveys continue to be reported at or near record levels. I highlighted a few of these high level optimism surveys last month in a post titled, Sentiment Is Widely Positive. Earlier this week Gallup released the results of the quarterly Wells Fargo/Gallup Small Business Index and Gallup noted, “small business owners […]
This Week In Cryptocurrency – Friday, August 10
Thick Skin Bootcamp Last week, the total cryptocurrency market took an 8% hit from the SEC’s rejection of the Winklevoss ETF filing. This week, the total cryptocurrency market cap fell 14.33%, largely catalyzed by the SEC postponing their decision on a Bitcoin-ETF proposed by CBOE, VanEck, and SolidX. Bitcoin fell from $7,400 to $6,388.59, a drop of 13.67%. Bitcoin’s lowest price this […]
E Markets: Contagion
The summer ended last night. Fear of economic war, contagion from EM, populist politics breaking the EUR – all that mixed with GDP reports from Japan and UK but we aren’t close to done with US CPI ahead begging the risk for more Fed hikes. Russia retaliation. Russian PM Medvedev said that Moscow saw the new […]
