British manufacturing is shrinking and optimism about exports has plunged to the lowest since 2001 as the country approaches the Oct. 31 deadline to leave the European Union.
...and it may only be getting worse.
IT SURE SEEMS TO HARVEY THAT THE GOLD OBLIGATIONS AT THE GLD EXCEED THEIR INVENTORY...
I’ve received a lot of question on gold ($GLD) recently, hence time for an update on Gold...
It was, after all, a simple question that sparked my interest in silver from the start. Some 35 years ago, my now-departed friend and mentor, Israel Friedman, challenged me with a question that took me a year to answer.
Silver futures finish higher on Monday, taking advantage of a rise in appetite for riskier assets, while gold posts back-to-back declines.
Bottom line, investors aren’t as interested in silver as they used to be. And that’s usually a good time to start thinking about buying an asset.
I’ve received a lot of question on gold recently, hence time for an update on Gold. Remember big patterns take time to build and it takes patience to see these patterns come to fruitio…
The normal and natural business cycle where periods of growth were punctuated by healthy recessions has been all but eliminated by government and Central Bank interference.
For all those expecting the credit market to be the catalyst for the next crisis, watch this space closely.
“We saw last year that 10% of new hires in the U.S. were people with criminal backgrounds,” says the president of the new J.P. Morgan PolicyCenter.
A new world order is emerging, with trade blocs and limits on global economic growth. The U.S.-China trade war is just the beginning.
After unleashing a wave of stimulus measures in September — including an interest-rate cut and a decision to restart asset purchases to boost the economy — no major announcements are anticipated.
According to the London Bullion Market Association (LBMA) annual conference, gold will rise to $1,658 an ounce by October 2020. Silver at $23 an ounce next year...
The number of millionaires in the world grew to nearly 47 million over the past year, and they now own close to half of the world's wealth, according to a new study.
"This time will not be 'different'... If the last two bear markets haven’t taught you this by now, I am not sure what will. Maybe the third time will be the 'charm'..."
The idea that governments can’t lower taxes because there is a deficit, but are free to raise all expenses even if there is a deficit can be found in many political manifestos these days.
If there was a prize for the gloomiest speaker at the gathering, it might have gone to former Bank of England governor Mervyn King, who used his experience as a policy maker to try to shake current officials into action.
...ending a big source of buying power for the market.
Callum Thomas, Jim Bianco, and Win Smart have a trio of Tweets on the S&P 500 worth a close look.