Jason Burack of Wall St for Main St interviewed returning guest, hedge fund industry veteran and financial blogger, Doug Noland, of the well known financial blog, the Credit Bubble Bulletin https://creditbubblebulletin.blogspot...Doug has worked in the hedge fund industry for over 25 years, he's a follower of the Austrian School Economics, he has been writing the popular and well known (at least i...Read More
If you've been following much international news, you've probably heard that, after literally years of scandal, abuse, and incompetence, South Africa's president Jacob Continue...Read More
Jordan Roy-Byrne steps out of the gold sector today to look at the relationship between bonds and the US dollar. He also addresses the recent breakdown in bond prices and how a short term bounce back to the old support zone should be expected. Read More
"When any market is down 90%, you're obligated to go and investigate."That's what Doug Casey often says. And it's part of the reason I put my boots on the ground in China a few months ago.Continue...Read More
The deep state coup against President Trump that has been revealed is an existential threat to each and every one of us. In fact Harley Schlanger says, "YOUR future is at stake. Your LIFE depends on stopping this coup. What the deep state is doing is a LIFE AND DEATH MATTER." Join SGT Report and Harley Schlanger as they dig deep and wide into the conspiracy to destroy the sitting President.Read More
"Inflation has come and it should be good for commodities."Continue...Read More
Continue...Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 1...Read More
Renown Swiss investor and publisher of "The Gloom, Boom and Doom Report" Dr. Marc Faber discusses the global markets, housing and bond bubbles, central bank manipulation, gold, Trump, the petroyuan, the New Silk Road and what a potential conflict between the U.S. and China might look like as old empires die and new ones are born.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in...Read More
Adem Tumerkan February 21, 2018 Category: Research What I'm about to share with you is the most important thing that nobody is talking about.I'm going to tell you why interest rates are going to go negative in the next recession. . .I know this because of a thing called 'The Taylor Rule'.The Taylor Rule is named after economist John B. Taylor - he created it – in the early 1990's. And it is...Read More
(Kitco News) - While alchemy might hold the secrets to turning lead into gold or finding an elixir of immortality, a group of scientists discovered real-life magic — tiny bacteria that can convert toxic heavy metals into gold nuggets.The phenomenon was first observed in 2009 when researchers proved that the bacterium Cupriavidus metallidurans, which is found in heavy metal-filled soil, can d...Read More
CloseGain/LossGold $1330.70-$18.00Silver$16.47-$0.21XAU80.83-2.89%HUI178.98-3.23%GDM614.69-2.70%JSE Gold1152.60-41.04USD89.71+0.56Euro123.37-0.75Yen93.37-0.63Oil$61.79+$0.2410-Year2.881%+0.010T-Bond143.9375-0.0625Dow24964.75-1.01%Nasdaq7234.31-0.07%S&P2716.26-0.58% The Metals: Gold waffled near unchanged in holiday thinned trade yesterday before it fell $13.20 to as low as $1335.50 at abou...Read More
- Nearly EUR1 trillion in non-performing loans poses risks to European banks'- Greece has highest non-performing loans as a share of total credit- Italy has the biggest pile of bad debt in absolute terms- Bad debt in Italy is still "a major problem" which has to be addressed - ECB- Level of bad loans in Italy remains above that seen before the financial crisis- Deposits in banks in Greece, Cyp...Read More
* Dollar index steadies after bounce from 3-year lows* Eyes on Fed minutes and U.S. debt auctions * Dollar/yen may consolidate after recent slide -trader By Masayuki KitanoSINGAPORE, Feb 21 (Reuters) - The dollar steadied against a basket of currencies on Wednesday, having pulled up from three-year lows set last week as traders shaved off some of the bearish bets against the U.S. currency.The doll...Read More
* Results-based optimism overshadowed by U.S. caution* Materials offset gains in other sectors* BHP falls sharply after H1 results By Aaron SaldanhaFeb 21 - Australian shares slipped on Wednesday as nervousness spillingover from U.S. markets overshadowed positive earnings news from many domestic companies, while index heavyweight BHP fell hard after reporting its half-year results on Tuesday. The...Read More
By Wayne ColeSYDNEY, Feb 21 (Reuters) - Australian wages rose a fraction faster last quarter but private-sector growth stayed near historic lows as penny-pinching by business became an ever-greater deadweight on consumer spending and inflation. The local dollar edged up only a touch to $0.7892 as the report was not nearly strong enough to make a rise in interest rates any more likely this year.Wed...Read More
(Corrects location for Rob Thummel, portfolio manager at energy investment manager Tortoise Capital in Leawood, Kansas in paragraph 14.)* UAE: OPEC, allies to study long-term cooperation in June* Genscape says crude at Cushing hub falls 2.1 mln bbls- trade* OPEC research head: oil pact has cut surplus to 74 mln bbls* Dollar index hits six-day high, weighs on oil* U.S. crude stocks seen higher for...Read More
Feb 21 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS21-FebUnited States Sale of 2-year floating rate notes21-FebUnited States Sale of 5-year notes21-FebSwedenAuction of government bonds22-FebUnited States Sale of 7-year notes22-FebJapan 3-month discount bill auction22-FebJapan Auction of 2...Read More
Feb 21 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- THURSDAY, FEBRUARY 22 WARSAW - National Bank of Pola...Read More
Feb 21 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- WEDNESDAY, FEBRUARY 21LONDON - Bank of England Governor Mark Carney, Deputy Governor Ben Broadb...Read More
SEOUL, Feb 21 (Reuters) - South Korea's central bank chief said on Wednesday the Bank of Korea is prepared to respond to any negative impact fromfaster-than-expected policy tightening in the U.S."If (the Fed moves) faster than expected, it will immediately impact international financial markets and also domestic markets as well, so we're prepared to respond to such a scenario," Governor...Read More