"The higher price of oil is going to really harm some weak players out there. The chain reaction always starts with somebody not being able to pay their debt back."Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.co...Read More
"The task force will examine the technological challenges and opportunities for expanding internet access and independent media in Cuba," Continue...Read More
"More New Yorkers have died from opioid overdoses than car crashes and homicides combined in recent years. Big Pharma helped to fuel this epidemic by deceptively peddling Continue...Read More
Many state legislatures kick off their 2018 sessions this month and that means continuing efforts to facilitate Continue...Read More
Australia's largest gold refiner, the Perth Mint, is creating its own cryptocurrency backed by physical precious metals.Continue...Read More
"You and I both know the odds are nothing. If I thought it was likely, I'd be there no question. I hesitate in part because of my gut sense and concern that there's no big there there," Continue...Read More
Jan 24, 2018 Guest(s): Jeffrey Christian When troubles really hit the global economy, then expect silver prices to really take off, said Jeffrey Christian, managing partner for New York based CPM Group."The first half of 2017 will be a continuation of sideways trading for the silver market. We will have to wait till 2019 to move up more sharply," he said on the sidelines of the Vancouver Resour...Read More
Jan 24, 2018 Guest(s): Peter Schiff CEO, Euro Pacific Capital More people own bitcoin at a loss than at a profit, this according to Peter Schiff, CEO of Euro Pacific Capital.Speaking on the sidelines of the Vancouver Resource Investment Conference he said, "the number of people who bought into the market at $12,000 [a coin], $13,000, $14,000, is enormous...people had no idea what they were doing...Read More
Continue...Jim Sinclair, aka "Mr. Gold," is a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles until they were sold in 1983. From 1981 to 1984, Mr. Sinclair served as a Precious Metals Advisor to Hunt Oil and the Hunt family for the liqui...Read More
In ten years we've gone full circle. After the crash we were witnessing a deflationary tide come in. What a difference a decade makes. Commodities prices are up. Oil is up. Precious metals are up. And perhaps most importantly interest rates are heading higher. The recently passed tax reform bill is also inflationary. You need to look for alternatives. Secured real estate funds a good alternative....Read More
Palisade Research January 23, 2018 Category: Research The US Dollar has collapsed over 11% since this time last year. . .Look at it yourself. That’s an ugly drop - especially for the world’s reserve currency.And we expect it to continue dropping. . .Here’s why.In 2014 the Federal Reserve began reducing their Quantitative Easing (basically money printing) program. Jan...Read More
CloseGain/LossGold $1334.60+$2.40Silver$17.01-$0.01XAU88.31+0.38%HUI197.66+0.37%GDM663.51+0.15%JSE Gold1268.77-28.92USD90.39-0.28Euro122.60+0.41Yen90.10-0.32Oil$63.49+$0.1210-Year2.660%-0.001T-Bond148.75-0.25Dow26214.60+0.55%Nasdaq7408.03+0.98%S&P2832.97+0.81% The Metals: Gold waffled between $1335.60 and $1328.60 in Asia before it climbed back up to $1335.50 in late morning New York trade...Read More
Pension Crisis And Deficit of ?2.6B At Carillion To Impact UK Pensions- Carillion collapses leaving a ?900 million debt pile and 30,000 pensions at risk- Carillion PLC share price has collapsed 94% in last twelve months- Private analysis of Carillion's pension deficit reveals it to be as high as ?2.6 billion- Figure adds to the UK's ongoing pension crisis, both private and state are severely...Read More
Every week there is some news to for traders and investors to think about. Long term and medium term investors need not scrutinize news in a big way. Short term investors and day traders have to look at each and every news item as it is difficult to predict a reaction after any news. One should have key technical support before hand with him. One should also look for breakout price points and th...Read More
(Updates with final prices, Mexican details)By Bruno FederowskiBRASILIA, Jan 22 (Reuters) - Brazilian markets were range-bound on Monday as traders avoided big bets ahead of the trial of former President Luiz In??cio Lula da Silva, who is leading opinion polls for this year's elections.Lula has vowed to reverse part of President Michel Temer's reform agenda if elected, but he could be barred from...Read More
* Dollar pares some losses after deal to end govt shutdown* Dollar index still near 3-year low* Yen off 4-month high ahead of BOJ policy meeting* Pound at highest since Brexit vote By Hideyuki SanoTOKYO, Jan 23 (Reuters) - The dollar pared some of its losses after U.S. senators struck a deal to lift a three-day government shutdown but it was mired near a three-year low against a basket of currenc...Read More
Jan 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Bankers are scrambling to attract an $18 billion telecoms flotation to London amid hopes that the deal could generate a bonanza in advisory fees. - The engineering group GKN Plc sought to bolster its defences again...Read More
(Kitco News) - Even though gold is still trading above $1,330 an ounce, the metal is looking to consolidate in the near-term while the precious market is waiting for a new catalyst, according to the latest report by TD Securities.“Gold took a breather after several consecutive weeks of strong performance, as its run toward its 2017 highs ran out of steam,” said Bart Melek, head of glob...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.4 pct, CSI300 +1.2 pct, HSI +0.4 pct* HK->Shanghai Connect daily quota used 8.8 pct, Shanghai->HK daily quota used 44.8 pct* HK->Shenzhen Connect daily quota used 9.5 pct, Shenzhen->HK daily quota used 14.6 pct* CNY official close 6.405 per dollar* FTSE China A50 +0.8 pct, BNY Mellon ADR China Select Index +0.1 pct SHANGHAI, Jan 23 (Reuters)...Read More
Jan 23 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 23-JanUnited States Sale of 2-year notes23-JanSpain Auction of 3- and 9-month Treasury bills23-JanUnited KingdomAuction 0 1/8% Index-linked Treasury Gilt 202623-JanGermany Auction of 2-year Treasury notes24-JanUnited States Sale of 2-ye...Read More