The Dollar Is Collapsing
The last four days have seen the US Dollar plunge 2% – the biggest drop since June 2016… As the chart suggests, there is a key driver of the dollar’s moves. One might argue that the Renminbi has been a more stable store of value to the Dollar in recent months. The dollar is now pushing precariously […]
HH Has Brexit Boosted The British Economy?
Forecasts of the economic consequences of Brexit are gloomy and pessimistic in the case of the Remainers, and upbeat and optimistic for the Leavers. In the Treasury report on the long-term effects of Britain leaving the European Union published in April 2016, for example, all the leave scenarios were pessimistic. The worst case scenario predicted that the […]
4 ETFs Set To Surge In Q4 Earnings
The fourth-quarter earnings season is expected to be strong, with earnings growth likely to pick up and continue accelerating after dipping in the preceding quarter. The S&P 500 index is anticipated to see earnings growth of 9.2% and revenue growth of 7%. The market is also at record levels, scaling series of highs at the start of […]
This Rare Signal Just Triggered, And It’s Not Good
Imagine that you’re driving down the highway at the speed limit. You’re making good time. But you’ll get there quicker if you go 5 miles per hour faster. Then you decide to go 10 miles per hour faster. Then the radio plays some forgotten song — maybe a Tom Petty and the Heartbreakers tune — […]
Tom Cloud’s Annual Precious Metals Market Update For 2018
In this update, Tom Cloud reviewed his calls on for the precious metals market last year and what he sees taking place in 2018.T om discusses their price targets and the overall precious metals market. For example, Tom’s forecast for gold to go up 10% in 2017 actually turned out to be 13.5%. This was […]
E Weekly Energy Roundup: Oil And Gas Companies, Jan. 8 – 12
The last week was quite an interesting one for the oil markets, particularly due to the city of New York filing a lawsuit against the industry for “contributing to global warming.” The state of California is also waging a war against the industry for largely the same charge. It is curious to see how this […]
EUR/USD And GBP/USD Forecast – Monday, Jan. 15
EUR/USD The EUR/USD pair broke out to the upside significantly, slicing through the 1.21 level, an area that has been vital as of late, offering a significant amount of resistance. This is essentially a “higher high”, signifying that the market is ready to continue the climb. When we pull back from here, I think the […]
Ripple (XRP) Price Predictions: Will The Cryptocurrency Break Out In 2018?
Ripple (XRP) price predictions are extremely difficult to make, due to the unpredictable nature of the cryptocurrency niche. But this embryonic altcoin has already established itself as one of the top cryptocurrency solutions, with many believing that its value will escalate rapidly in the near future. Ripple effect Those who have made positive Ripple (XRP) price […]
China Unleashes New Crypto Crackdown After Discovering Sneaky Hobbitses Still Trading
Everyone needs an exchange. We’ve said that over and over in the face of the crypto crowd’s contention that governments cannot truly stamp out trading in digital currencies. Obviously, people who really want to find a way to obtain cryptocurrencies in exchange for dollars, euros, etc. will be able to so, but the vast majority […]
Some Economics For Martin Luther King Day
On November 2, 1983, President Ronald Reagan signed a law establishing a federal holiday for the birthday of Martin Luther King Jr., to be celebrated each year on the third Monday in January. As the legislation that passed Congress said: “such holiday should serve as a time for Americans to reflect on the principles of racial […]
