“Reflation” Is Officially Dead: Core CPI Tumbles For The First Time In Over Seven Years
The reflation trade is officially over. At the same time that retail sales posted the worst 2 month drop in 2 years, CPI – the bedrock behind the Fed’s rate hiking intentions – just hit a brick wall, and after months of headline CPI growth mostly the back of the energy “base effect”, in March […]
Silver Price Close To Major Breakout
The price of silver is as close as it can be to a major breakout point. Silver could start a tactical bull market once it goes higher from here, and remains above $19 for 3 consecutive weeks. However, readers should not confuse a major breakout with a secular breakout. A major breakout indicates that a tactical […]
Gold Breakout & False Signals From GDXJ?
Gold broke key resistance at $1262 (the 200-day moving average) as well as important resistance at $1278. It could reach $1300-$1310 on this move. Meanwhile, the GDXJ ETF has grown too big and Bloomberg highlighted this issue which may be causing artificial and not fundamental weakness. Lastly, Gold is showing increasing relative strength. Video Length […]
Trading Successfully In Spite Of The Current Market Conditions
“In investing, what is comfortable is rarely profitable.” – Robert Arnott Are you a financial market trader, or are you looking at entering the market? It is fairly obvious by now that the current global socio-economic and geopolitical instability is here to stay, for the foreseeable future at any rate. Consequently, to navigate the complexities […]
Dollar Snaps Two-Week Advance, While Japanese Investors Resume Repatriating Funds
The US dollar suffered broadly last week. It fell against the all major currencies and most of the emerging market currencies. There were two main drivers. The first was the heightened geopolitical risks. The US launched a missile strike against Syria’s government forces in retaliation for its use of chemical weapons. The US also dropped […]
Trump Adviser Gets Story Confused On The Value Of The Dollar Relative To Other Currencies
Washington Post economics reporter Max Ehrenfreund featured a piece highlighting former Donald Trump adviser Steven Moore’s views of Trump’s recent shifts on economic policy. In particular, Moore took issue with Trump’s desire to see the value of the dollar fall. He argued that the dollar rose with strong economies under President Reagan and Clinton, while […]
Why Switzerland? AAA!
As the influential Moody’s, Standard & Poor’s and Fitch rating agencies are downgrading countries, regions and financial institutions around the world, Switzerland is a safe place – perhaps the safest place – to put your money for long-term preservation and growth. An uninterrupted policy of long-term monetary security and political stability has made Switzerland a […]
Canada’s Nautilus Minerals Close To Opening The First Polymetallic Seabed Mine
A British team of scientists has discovered an underwater deposit of diverse minerals in the Atlantic, about 500km off the Canary Islands, which contains vast amounts of tellurium, used in the making of solar panels, wind turbines and electronics. Written by Cecilia Jamasmie (mining.com) According to the BBC, the deposit is located 1,000 metres below […]
E Market Briefing For Monday, April 17
MOAB Friday wasn’t the largest burst of sellers ever, but was a reminder of the likely stock market Thursday trading pattern ahead of what we’ve said would be a military weekend. MOAB: Mostly Obvious Absent Bids. Focusing beyond geopolitics.. Besides the prospects of conflict, it is important to consider that there are other issues […]
E This Is What Jamie Dimon Wants From Housing
I know what Jamie Dimon wants from housing. But first, here is what he said he wants in a recent article from Business Insider: “Seven major federal regulators and a long list of state and local regulators have overlapping jurisdiction on mortgage laws and wrote a plethora of new rules and regulations appropriately focused on educating […]
