Author Archive: Jeremy Parkinson
Stocks And Precious Metals Charts – Calm Before The Storm – Truth To Power
Stocks finished weakly, roiled again by Trump’s threat to impose a 20% tariff on all European automobile imports. Gold and silver finished slightly higher on a weaker US dollar. There will be an option expiration for precious metals on the Comex next Tuesday the 26th. A little over 250,000 ounces of gold showed up in […]
Global Demand For Physical Gold
Gold demand is picking up .. If you want to protect yourself from the vulnerabilities of currencies you have to own gold. Eric joins us from Dublin to discuss the following: The Global demand for physical gold. The Impending Trade Wars. A WWU’s listener’s question on the pricing structure of a physical metal Audio Length: […]
The Economic Impact Of Violence
When you regularly buy goods or services, it helps fuel the economy at both the local and national level. But what if you live in a place like Syria, that is torn apart by a seven-year long civil war? Aside from the obvious humanitarian costs, these dire circumstances would ultimately change your spending behavior, how […]
US Dollar Rally May Regain Momentum Amid Trade War Worries
Last week, haven demand lifted the US Dollar amid worries about the escalating trade tensions as expected. The move higher would prove short-lived, however. The currency touched an 11-month high against an average of its top counterparts only to retreat and close the week essentially flat. Traders appear willing to overlook growing tensions between the US […]
How Will Carnival Cruise Line Perform Going Into The Summer?
Photo by: Tim291 Carnival Corporation Consumer Discretionary – Hotels, Restaurants & Leisure Carnival Corporation is scheduled to release their FQ2’18 earnings on Monday, June 25, before the market opens. The Estimize consensus predicts an EPS of $0.64, which would demonstrate a 15% EPS year-over-year growth rate, and is 4 cents above the Wall Street consensus. Estimize projects […]
Major Cryptos Falling To Key Support Levels
After another negative press release this morning, the major cryptocurrencies fell towards crucial support levels. According to a Zerohedge article, quoting CNBC, Japan’s chief regulator launched a probe of crypto-exchanges, prompting the largest to halt new account creation, thus sending the crypto market considerably lower. The press release stated that Japan’s largest crypto-exchange, Bitflyer, needs to […]
Chart: Flash Manufacturing PMIs And Bond Yields
It’s my favorite time of the month… flash PMI time: the June flash manufacturing PMI composite for developed markets fell -1pt to 54.5 — which is the lowest point since August last year. On the detail, the fall was driven by the US (-1.8pts to 54.6) and Europe (-0.5 to 55.0), while Japan provide a minor offset (+0.3 […]
Jim Rogers Launches AI-Focused Global Macro ETF
In an attempt to tap the hottest trend with some innovation, legendary investor Jim Rogers launched Rogers AI Global Macro ETF BIKR that leverages the capabilities of artificial intelligence (AI). The fund is powered by a symbiotic relationship fostered by the multi-decade expertise of Jim Rogers and financial professionals. BIKR in Focus This new ETF seeks to provide […]
I’m Downgrading Bitcoin Down To $5,000
I’m amazed Bitcoin and all of its associates are still trading as high as it is. But I will give it credit, charting it provides breath-taking accuracy, while not all always pays respects to trends, support and resistance, Bitcoin respects the ways of support and resistance breathtakingly well. I haven’t done a chart since March […]
EFF Watch, Or Is It IOER Watch?
How bereft of ideas might they have to be to fall back on IOER? It’s scandalous, really. But the Federal Reserve in terms of intellectual property belongs on the TV program Hoarders. They never throw anything away, so attached do they become to whatever ineffective idea implemented at any time. Practical experience is in their practice impractical […]
