Well, they do pay higher rates, but not to their own clients.
"additional fear will likely reenter the markets which means that Metals and Oil will likely move higher as this fear comes into play..."
In summary, I think investors will take protection in the traditional safe-haven assets - gold, Yen and Treasuries,
Also JP Morgan's record physical silver hoard & the fact that gold appears poised to move far higher in the near future
Keith Neumeyer says the three-years in the making base is building for a huge run higher. Here's the details...
THE GLOBAL economy has peaked and a downturn in 2018 is inevitable according to a new index and the IMF’s Christine Lagarde who has warned of an “inexcusable, collective policy failure”.
Federal Reserve Bank of New York President William Dudley said the central bank will stay on its gradual path of raising interest rates unless inflation moves up by “an appreciable margin.”
David says the U.S. bond market can no longer be considered a safe haven as the debt is no good and will ultimately face a reset. Here's why...
You can’t be safe in the stock market, and you can’t be safe in the bond market.”
(Did We Forget About The Russian Default of 1998?)I love the memory failure of American investors where they always seem to forget about prior bubble bursts and bad behaviors by government. Like we are forgetting about Russia's debt default and devaluation of 1998.
The centuries of fluidity in the definition of "freedom" as it applies to being an American.
President Donald Trump accused China and Russia of devaluing their currencies, opening a new front in his argument that foreign governments are taking advantage of the U.S. economy to support their own expansions.
ECB has asked that Deutsche Bank simulate what a "crisis scenario" would look like, and what it would cost to complete a "resolution", i.e. wind-down, of its own investment banking division.
Economists have curbed their enthusiasm about prospects for the euro area as a global trade spat amplifies concerns over weakening momentum.
True, underlying value is all that matter in the end, despite the ongoing currency games being played in precious metals markets.
SD Outlook: Has gold & silver's rally been put on hold with new found world peace? Here's what gold & silver need to do to show the rally is real...
JP Morgan’s silver turnaround - going from having a massive short position on the precious metal to accumulating one of the largest stockpiles of it in the world in a few short years.
"ZIRP is why housing and education costs are so high, it’s why every asset market is more inflated than it’s ever been in history."
Moscow and Beijing have been cutting the share of the US dollar in bilateral settlements, as trade between the countries rapidly grows. China is Russia’s largest trading partner, accounting for 15 percent of Russian international trade last year. In January 2018, it grew to 17.2 percent. Germany, which holds second place among Russia’s trade partners, […]
Speculators' net short dollar bets rose to the highest position since August 2011 in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.