Author Archive: Jeremy Parkinson
Awesome Silver & USD Alarm Bell
I’ve strongly stated that in the short and intermediate term, the most important price driver of gold is the US dollar’s movement against the yen. The dollar is the world’s largest “risk-on” market, because America is the world’s largest debtor. Japan is the world’s largest creditor. Downside action of the dollar against the yen is a […]
Chart Of The Day: Gold Price Vs. Real Interest Rates
In several articles that I have written in the recent past, I have maintained my bullish view on gold for different reasons. Gold price trend as compared to real interest rates is yet another indicator of bullish times for gold in the coming years. The real interest rate here is the 5-Year Treasury Inflation-Indexed Security. […]
Globe’s Dullest Sector Is Effortlessly Beating The S&P 500
The ho-hum utilities sector is the antithesis of popular stocks like Netflix (NasdaqGS:NFLX) and Tesla (NasdaqGS:TSLA). It’s a hyper un-sexy industry sector that’s been long associated with widows and orphans, rather than hotshot entrepreneurs who like to build rocket ships in the office parking lot. And guess what? The widows and orphans are beating the hotshots! Moreover, the widows […]
Understanding The Financial Markets – Part 2
<<Read Part 1: Understanding The Financial Markets What Happens When Emerging Market Economies Collapse… The production output of emerging market economies feeds the voracious appetites of developed economies. But when things sour in the global market, EM economies become the victims of collateral damage. This was all too evident in the collapse of emerging market […]
E Guess Who’s Been Buying Gold?
Gold bugs, conspiracy theorists, and perma bears had some unfamiliar company last year. While traders, individuals, and ETF’s have been unloading gold for the past five years, central banks have been steady buyers. Who had the biggest appetite for the barbarous relic? Russia, which has been accumulating the yellow metal to avoid economic sanctions imposed […]
Brazilian Politics, Players, Panama And Perpetual Motion
There is no simplifying Brazil’s political or economic situation. Anyone “certain” about the outcome is sure to get smacked in its crossfires sooner or later. Corruption might be bi-partisan in the United States, legalized in many cases, but in Brazil, it’s the full multi-party monty. Eduardo Cunha, the Lower House speaker gunning for President (and […]
February 2016 CoreLogic Home Prices Year-Over-Year Growth Rate Now 6.8%
CoreLogic’s Home Price Index (HPI) shows that home prices in the USA are up 6.8 % year-over-year year-over-year (reported up 1.1 % month-over-month). Last month’s 6.9% year-over-year gain was revised downward to 6.2% [revisions to previous months lately have been significantly downward so I would not take the 6.9% to the bank yet]. CoreLogic HPI […]
5 ETFs To Play In April
With the passage of Q1, everyone may have shifted attention to Q2 but given the heightened volatility in the global market and new shocks or surprises every day, taking a near-term approach may be warranted. Thus, for investors looking for the prospective winners of the first month of Q2, we will highlight a few investing […]
Analysts Doubtful About Allergan Takeover After New Treasury Rules Unveiled
The shares of Allergan (AGN) are sinking after the U.S. Treasury yesterday announced new rules that are supposed to eliminate much of the tax benefits of so-called “inversion” deals. Allergan has agreed to be acquired by Pfizer (PFE) through such a deal. According to a number of analysts, the Treasury’s new rules will prevent Allergan’s […]
Trade Deficit Unexpectedly Widens; Investigating Bloomberg Econoday Spin
Economists were upbeat heading into today’s report on International Trade in Goods and Services by the BEA. Exports did rise by $1.8 billion, but imports rose by $3 billion widening the trade gap. Year-to-date, the goods and services deficit increased $10.8 billion, or 13.1 percent, from the same period in 2015. Exports decreased $20.5 billion or 5.5 percent. […]
