DUBAI, Jan 14 (Reuters) - Banking shares helped Saudi Arabia's stock market rise in early trade on Sunday, while Qatar headed for a seventh straight day of gains as investors bought ahead of annual dividend announcements.The Saudi index was 1.0 percent higher after an hour with all 12 listed banks climbing after Saudi Arabia's central bank lifted the maximum loan-to-value ratio for mortgages taken...Read More
CAIRO, Jan 14 (Reuters) - INTEREST RATESLatestLast change PreviousCentral18.75 06/07/1716.75 bank o/n depositCentral19.75 06/07/1717.75bank o/n lendingCentral19.25 06/07/1717.25bank discount rate MONTHLY DATA _____________ Month Pvs Yr agoUrban 21.92623.3consumerDecemberprices(year-on-year,pct change) CoreinflatioDecember19.8625.53 25.86n (year-on-year,pct change) Foreign December37.02036.72324....Read More
DUBAI, Jan 14 (Reuters) - Gulf stock markets may have a slightly firm tone on Sunday in response to positive trends in the oil price and global equity markets, although there is little fresh news within the region to spur buying.Brent oil rose 61 U.S. cents on Friday to settle at $69.87 a barrel, a new 2-1/2 year high, while the Dow Jones Industrial Average climbed 0.9 percent. After the close on...Read More
On Tuesday, I got the chance to ride in a self-driving car — an opportunity only a handful of people in the world have experienced.As I stood outside the Las Vegas Convention Center, home to the Consumer Electronics Show (CES), I hailed a 4.4 mile Lyft to the Aria Hotel.But what started as an ordinary ride soon turned extraordinary with a single pop-up asking if I wanted to try out a self-dr...Read More
That was fun. Since mid-December gold has behaved like a tech stock, jumping from $1,240/oz to $1,337 and carrying a long list of gold mining stocks along for the ride. Now everybody’s asking the same question: Is this finally the start of the long-overdue run at gold’s (and silver’s) 2011 record high, or just a case of futures speculators once again panic-buying themselves into...Read More
That was fun. Since mid-December gold has behaved like a tech stock, jumping from $1,240/oz to $1,337 and carrying a long list of gold mining stocks along for the ride.Now everybody's asking the same question: Is this finally the start of the long-overdue run at gold's (and silver's) 2011 record high, or just a case of futures speculators once again panic-buying themselves into an untenable long p...Read More
It doesn't look like it in the Dow Jones' Bear's Eye View (BEV) chart below, but in the past three weeks the venerable Dow has increased 1,100 points (4.39%). Three Fridays ago the Dow Jones closed with a 24K handle. Two weeks later it has almost blown through 25,000, closing the week at 25,803. When a market series makes ninety-four new all-time highs in only fourteen months, things like this hap...Read More
Both Gold and GDX surged to a new high on Friday, shifting the odds towards a right translated Trading Cycle #1 (TC1). This is not surprising as the first TC of any new Intermediate Cycle never fails by making a lower low. If it does then then by definition it's still part of the previous Intermediate Cycle. My normal TC timing band for Gold is 20-29 days but the first Trading Cycle out of a Y...Read More
"You are listening to WGGW: When Gold Goes Well" ... To state that gold is going well when 'tis trading at half the market value it ought be is a bit of a stretch. In fact, as "bulled up" as gold aficionados appear to be through these first nine trading days of the year, price being +2.5% is actually the second weakest "nine starting days performance" of the past five years. Yet in a positive sens...Read More
TOPICS IN THIS INTERVIEW:01:50 Gold's corrupted price and the economic situation09:35 Cryptocurrencies becoming the hedge against globalist price manipulation?19:45 US economic repercussions23:00 "We've had to rely on financial bubbles and busts"24:15 Artificial Intelligence and the implications on the economy33:05 Risks with A.I in the future43:25 Closing thoughts and where to find out more infor...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows....Read More
Gold is positioned for a major breakout in 2018 and the gold stocks and Silver are not far behind. We analyze 6 different charts and the key resistance levels these markets could test very soon.Read More
In today's first "Crypto AudioBlog" installment, Andy gives his current world view of legacy financial markets; cryptocurrency in general; and of course, Bitcoin. Follow him at @Andy_Hoffman_CG, or try a Free 7-Day Trial of his 24/7, Bitcoin-focused blog, at CryptoGoldCentral.comAndrew ("Andy") Hoffman owns a subscription-based website, CryptoGoldCentral.com, which offers readers Andy's daily thou...Read More
Inflation expectations now exceed the Fed's target. The 10-year US Treasury yield breached 2.5% on January 9 and hasn'tContinue...Read More
GoldSilver produced a lot of educational material in 2017. We sincerely hope you find our ongoing educational efforts useful as an investor. Mike prides himself on being the industry leader on education.We noticed, however, that some of our articles seemed to be not just educational but also, well, fun to read. Talking about economics and debt and monetary history is good, of course, but having a...Read More
Continuing this research, we have focused our current effort on the Transportation Index, the US Majors and the Metals Markets. The Transportation Index has seen an extensive rally (+19.85%) originating near November 2017. This incredible upside move correlates with renewed US Tax policies and Economic increases that are sure to drive the US Equity market higher throughout 2018.In theory, the...Read More
"No. I'm not a racist. I'm the least racist person you have ever interviewed."Continue...Read More
Ford says it will spend $11 billion producing electric vehicles by 2022. One dubbed the "Mach 1" will be ready in 2020.Continue...Read More
As part of a broad strategy to influence U.S. institutions, China tries to shape the discussion at American universitiesContinue...Read More
That was fun. Since mid-December gold has behaved like a tech stock, jumping from $1,240/oz to $1,337 and carrying a long list of gold mining stocks along for the ride. Now everybody’s asking the same question: Is this finally the start of the long-overdue run at gold’s (and silver’s) 2011 record high, or just a case of futures speculators once again panic-buying themselves into...Read More