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Investors have begun betting that the Bank of England will join the ECB in cutting interest rates below zero.Traders bought more than 21,000 option contracts in the past month
The index is one of Japan’s broadest indicators of current economic activity, drawing on nine measures including industrial output and shipments of consumer durable goods.
    Gold Hits Record Highs!
August 6, 2019
Gold hit record highs in a number of currencies on Monday as trade war worries, geopolitical uncertainty and expectations of a slowing economy drove investors to seek safe haven.
During a recent interview on Fox Business, Peter Schiff said the trade is to get out of the dollar and look at gold. As if to prove him right, gold shot up about 1.5% Monday in dollar terms, hitting a six-year high. The yellow metal pushed to $1,469,60 before some profit-taking stalled the rally.
There is one loophole Trump could exploit to get around the fund’s constraints and bypass Congress altogether: by declaring FX intervention a "national emergency."
    Trade War Morphing into a Currency War
Aug 6, 2019 - 04:46:45 PDT
The U.S. took the trade war up a notch, calling China a currency manipulator, raising expectations it has other moves to make against China.
"Lingering in the background is a more fundamental concern – namely that we may be witnessing the end of globalization," economist Neil Shearing said in a note to clients.
Suki Cooper, precious metals analyst at Standard Chartered Bank, discusses gold prices and her outlook for the metal. She speaks on “Bloomberg Markets: Asia.”
Four former governors of the Federal Reserve have warned that an erosion of the central bank's independence will undermine financial markets and damage the economy.
Unlike fiat currencies or other assets bearing credit risk, gold is not a risk of becoming worthless. David explains...
    Van Eck Sees a 'Global Bull Market in Gold'
Aug 5, 2019 - 13:13:01 PDT
The debate comes as Australian-denominated gold prices reached record highs on Friday of $2132 per ounce, and as the gold industry descends on Kalgoorlie on Monday for the annual Diggers n' Dealers conference.
    Gold Claims 6-Year High as Trade Worries Deepen
Aug 5, 2019 - 13:12:21 PDT
Gold’s haven appeal boosted the metal to a more than six-year high Monday, as an escalating U.S.-China trade fight sparked a selloff in assets perceived as...
The Dow tumbled more than 950 points and global stocks were in disarray on Monday after China escalated the trade war with the United States.
Many readers liked the tables we presented of possible gold/S&P 500 ratios and what that would mean to prices of each asset. If you didn’t catch it, check out what the future could look like for gold vs. the stock market. Given the current action in stocks and precious metals, I decided to run the same scenarios for silver. In other words, if the silver/S&P 500 ratio returned to any of its past highs, what would the prices for each look like? Hold on to your hats, because the title of this article was no exaggeration…
Gold priced in sterling soared to a record high on Monday, spurred by fear of a disorderly British exit from the European Union and a generalized flight to safe-haven assets that intensified with rising U.S.-China trade tensions.
Hayman Capital Management founder Kyle Bass said on Monday that without state support, China's currency would plunge at least 30%.
    Inside the Government Plan to Give You Free Stuff
Aug 5, 2019 - 12:46:32 PDT
Is there such a thing as a free lunch? Join Mike Maloney as he examines the latest in a long series of false promises from professional 'morons and liars'. It's the oldest trick in the book...
    Nothing Is Guaranteed
Aug 5, 2019 - 11:01:45 PDT
Nothing the Fed could do will restore a fragile, speculation-dependent debt-bubble economy to any sort of health.
Wow! What a dramatic reversal after 48 hours of wild action...
Order backlog still feeds truck makers, but they don’t disclose for how long.
    Hottest, Most Expensive Rental Markets Unwind
Aug 5, 2019 - 10:57:02 PDT
But apartment rents in 10 other cities surge 10% to 15%. Here are the top 100 and how their rents have changed.