The U.S. is threatening to put tariffs on $11 billion of EU productsStocks are poised for a lower open, with traders on edge after the U.S. threatened to take action against the European Union (EU) in response to its subsidies for Airbus. In a tweet this morning, President Donald Trump said the World Trade Organization found the subsidies "adversely impacted the United States, which will now put T...Read More
Is it time to prepare for the next financial crisis? #1 Gold Stock for 2019! Click HERE to get the full story! Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr...Read More
The gold/commodity ratio and the T-Bond price move in the same direction most of the time.A significant divergence has developed over the past three months, and such divergences are usually important.The recent performance of the g/c ratio is a reason to be intermediate-term bearish on the T-Bond.Editor's note: Originally published at tsi-blog.com on April 9, 2019. [In a blog post last October, I...Read More
The online retail giant is trading near a $900 billion market capShares of Amazon.com, Inc. (NASDAQ:AMZN) last Friday set a new year-to-date high of $1,838.58, as the mega-retailer capitalized on a pair of well-received media reports. First, traders priced in relief after learning that CEO Jeff Bezos would retain 75% of his stock in the company under the terms of his divorce, while maintaining sol...Read More
Greenstone Gold Mines, a 50/50 joint venture between Canadian miners Centerra Gold (TSX:CG) and Premier Gold (TSX:PG), has kicked off a core and reverse circulation drilling program at its Hardrock project in southern Ontario.The company, which received the province's final approval for the proposed gold mine last month, aims to develop an open pit operation that could be in production for almost...Read More
* Dollar dips to lowest in more than a week * China, Turkey raise gold holdings * SPDR gold holdings drop for 6th straight session * Platinum hovers below 10-month peak hit on Monday (Updates prices)By Sumita LayekApril 9 (Reuters) - Gold rose on Tuesday to its highest inmore than a week, supported by a retreating dollar and increasedbuying by central banks.Spot gold was up 0.6 percent at $1,304.3...Read More
* STOXX 600 slides from eight-month high hit earlier onTuesday * Airbus and its suppliers fall on threat of U.S. tariffs * Tech stocks slide, SAP hit by HSBC, UBS rating downgrades (Updates to close)By Aaron SaldanhaApril 9 (Reuters) - European shares slid on Tuesday, withmost sectors falling after the United States threatened to slaptariffs on goods from the European Union, with worriescompounded...Read More
How you can transform lagging indicators into leading indicators.Many traders are tired of repeating the same mistakes over and over again, but are unsure how to break the cycle of bad decisions that lead to mediocre, or even poor results.And even the supposed "market gurus" or "experts" don't have the answer... or if they do, it's "all flash and no substance."But there is a REAL solution.While ot...Read More
Total gold holdings in ETFs grew marginally in March, resuming an upward trend that started last fall.Total holdings of the yellow metal globally rose 3 tons, with increases seen in every region, according to the most recent data released by the World Gold Council.ETFs worldwide currently hold 2,483 tons of gold valued at approximately $103 billion.By SchiffGold Total gold holdings in ETFs grew ma...Read More
Published 23 Hours AgoUpdated7 Hours AgoReuters Edgar Su | ReutersGold rose to its highest in more than a week on Tuesday as the dollar and equities weakened after the International Monetary Fund cut its global economic growth forecasts for the year, with increased buying by central banks lending further support.Spot gold rose 0.5 percent to $1,303.98 per ounce, having hit its highest since March...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Monday, pulled lower by Boeing (BA - Get Report) after the aerospace giant was downgraded and said it would slow production of its troubled 737 MAX aircraft following two fatal accidents. General Electric (GE - Get Report) tumbled after the stock was downgraded by JPMorgan to underweight...Read More
The Monday Market Minute Global stocks eased from multi-month highs as investors prep for the start of the U.S. corporate earnings season and parse mixed statements on trade talks with China.First quarter SP 500 profits are expected to fall 2.2%, before rebounding 2.8% in Q2, as bank earnings from JPMorgan, PNC Financial and Wells Fargo loom on Friday.Germany's February exports fall by a bigger-...Read More
James Hyerczyk16 hours ago (Apr 08, 2019 9:06 AM GMT)After consolidating for four sessions while straddling last year’s closing price at $1294.20, gold prices are spiking higher on Monday in reaction to a drop in the U.S. Dollar. The catalyst behind the move is risk aversion, fueled by a decline in global equity markets.Traders can’t pinpoint the exact reason for the shedding of risk...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comApril 9, 2019 Chinese economic growth is probably the main driver of both physical gold demand and the global bull market in stocks. Please click here now. I’m invested in China through ETFs, bank stocks, and... gold! With the possible exception of HSBC, most analysts in the West a...Read More
By: Clint SiegnerThe gaggle of socialist candidates vying to win the Democratic nomination for president all agree on one thing. They believe government should be doing a lot more.Just how to pay for all of those dreams is the question. Modern Monetary Theory (MMT), we are told by the likes of Alexandria Ocasio Cortez, is the answer.The New York Times describes MMT as a "package of eccentric i...Read More
By: IRA EPSTEINGold breaks the downtrend, stalls at 18-DMA..Read More
StrengthsThe best performing metal this week was platinum, up 6.07 percent. Platinum is set for its biggest weekly advance in two years, as its wide discount to sister metal palladium creates interest for the metal. Bloomberg writes that traders are also weighing the potential for labor disruptions in South...Read More
By: RambusIn part two of the Quarterly Report I'm going to update some long term charts for some of the world stock markets. As you will see many have formed massive ten plus year consolidation patterns similar of what we observed in the first installment of the Quarterly Report which are similar in duration to many of the US stock markets. It's these big multi year consolidation patterns that a...Read More
Considering the dour outlook for Q1 earnings, the stock market's exuberant run-up over the last month feels like Tennyson's Charge of the Light Brigade: "Into the valley of Death rode the 600...' And yet, we know from watching the shares of Boeing, Apple (see chart inset) and Facebook go vertical into a steady stream of negative news concerning each that Wall Street's '600' really don't give...Read More
Trump is now threatening European Union with new trade tariffs. The move is just to support Boeing as its rival Airbus is getting more orders after a Boeing latest plane crashes. A steady decline and decay in the USA-European Union relation is happening as a result of Trump's bully attitude. Gold will rise. European Union will also reduce dependence on American exports and diversify as a counter...Read More