Category Archive: Finance, No picture
Weekend Reading: Why We Don’t Talk Anymore
I have been doing a daily radio talk show for 18-years. I started out, totally by accident, doing a financial talk show on a business radio station in early 2000 as the “dot.com” crash was underway. It was the genesis of what would eventually become Real Investment Advice.com Then, in 2007, I got picked up by a larger radio […]
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, […]
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 […]
Consumer Price Index: July Headline At 2.95%
The Bureau of Labor Statistics released the July Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 2.95%, up from 2.87% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 2.25%, up from the previous month’s 2.26% and above the Fed’s 2% PCE target. Here […]
Lira Plummets As Erdogan Defies Markets, Urges Citizens To Exchange Dollars For Lira
Heading into today’s much-anticipated speech by Turkey’s president Erdogan, market expectations were high for at least a trace of conciliation; some analysts even expressed hopes that the central bank, i.e. Erdogan, would greenlight a rate hike as follows: Fidelity: 1000bps would be a “good start” SocGen: 600bps ADM’s Ostwald: 500bps + IMF’s bailout UBS: 350-400bps […]
E Forex Analysis Of EUR/USD For Friday, August 10
First, we look into the previous day trade and what happened on August 9, 2018, and the EUR/USD pair opened at 1.16089 and went high at 1.16196 and gone to low at 1.15249 and finally closed at 1.15266. The calculated pivot point for the day is 1.15570 The difference between high and low was 94 […]
Understanding TIPS: The Compelling Case For Rising Interest Rates And How To Benefit From Them
As we head further into 2018, the case for rising interest rates is compelling, and it Really is All About Supply and Demand! On the demand side, those buyers of treasuries that are traditionally the largest are reducing their participation in the market, thereby reducing demand and leading to lower prices and higher yields. Specifically: […]
Strong Canada Employment Report To Curb USD/CAD Rebound
Updates to Canada’s Employment report may curb the recent rebound in USD/CAD as the economy is expected to add another 19.0K jobs in July. After delivering a 25bp rate-hike in June, data prints pointing to a strengthening labor market may encourage the Bank of Canada (BoC) to further normalize monetary policy over the coming months as the […]
It Took Turkey To Send EUR/USD To New 2018 Lows
The EUR/USD is trading well below 1.1500, at the lowest levels in three months. The political crisis in Turkey weighs heavily on markets. The technical picture shows the pair is flirting with the oversold territory. The EUR/USD finally made a considerable move, and the direction is down. Turkey is the center of attention. The large economy that […]
