There isn't much precedent for a high-ranking White House official meeting with executives of corporations as they are deciding on sizable loans to his businessContinue...Read More
Rachel Lehmann-Haupt is the editor of The ART and Science of Family and author of In Her Own Sweet Time: Egg Freezing and the New Frontiers of Family.Continue...Read More
LONDON, 28 February 2018 - Analysis from BullionVault is quoted today by global data and news providers Bloomberg in a feature on what's driving gold prices in early 2018.Also quoting analysis from global investment bank giants Goldman Sachs and J.P.Morgan, "Gold can rise during rate hike cycles," says Bloomberg, contrasting conventional wisdom with the metal's solid gains during the US Federal Re...Read More
LONDON, 28 February 2018 - Analysis from BullionVault features today in the print edition of London's free financial newspaper, CityAM."As US Treasury prices have sunk and bond yields spiked, gold has held firm versus the Dollar," the paper quotes Adrian Ash, director of research."Resurgent inflation, plus fears that 2018 will mark the big top in equities, only add to gold's attraction as a defenc...Read More
The comments above & below is an edited and abridged synopsis of an article by Chris MartensonEarlier in February, volatility made a long-overdue return to the US and global equity markets, but after violent drops and rebounds, they have been steadily rising.Is the danger past, and are the markets safe again? If so, did the markets recover organically? Or were they rescued by The Plunge Protection...Read More
The comments above & below is an edited and abridged synopsis of an article by David StockmanIn June 1970, the US federal debt held by the public was $275 billion. While that number wasn't small, it had taken 188 years to accumulate-Uncle Sam had borrowed an average of $28,000 per week during the 9,776 weeks since Washington was sworn in as the nation's first president.Today, the US Treasury is se...Read More
The comments above & below is an edited and abridged synopsis of an article by David MorganSilver has been money for longer than gold, and silver has created more wealth for individuals than gold. The word 'silver' translates, in many languages around the world, to 'money.' Silver is the peoples' money. It is beautiful, necessary and, above all else, money. Silver was part of the US monetary syste...Read More
The comments above & below is an edited and abridged synopsis of an article by Dave SmithChina's 'One Belt, One Road' initiative will be the biggest commercial linking system project in history. It will weave together the economies of over half the world's population via transit corridors of highways, high-speed rail, fiber-optic cables, pipelines, and air and seaport hubs, and will generate an ad...Read More
The comments above & below is an edited and abridged synopsis of an article by Egon Von GreyerzAs the modern Pandora's Box is opened, there will be many shocks and problems for the world.There have been many periods in history when a sound economy based on sound principles has been transformed into massive debts, money printing, and war. Some of these cycles have been of a smaller magnitude, but n...Read More
Last week, John Del Vecchio, our resident forensic accountant and seeker of hidden profits, sent an email to his Earnings Insider Alert subscribers. He shared an Continue...Read More
Calgary, Alberta (February 28, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce it has now received partial assay results from its initial sampling and exploration program on its newly acquired Manto Negro Copper Project located in Coahuila State, Mexico (refer to Prize Press Release November 23, 2017 and January 11,...Read More
CloseGain/LossGold $1318.60-$14.60Silver$16.42-$0.21XAU78.97-2.82%HUI173.05-2.83%GDM603.45-2.01%JSE Gold1083.86-20.56USD90.40+0.55Euro122.33-0.87Yen93.27-0.37Oil$63.01-$0.9010-Year2.901%+0.038T-Bond143.6875-0.53125Dow25410.03-1.16%Nasdaq7330.35-1.23%S&P2744.28-1.27% The Metals: Gold edged up to $1334.70 in Asia, but it then fell all of the way back to $1313.50 in early afternoon New York t...Read More
- New Asian gold trading corridor could boost demand for 1 kg gold bars- Should increase turnover for yuan-denominated gold coins and bars - President- Secure supplies of physical gold from Middle East and Asia for China- China positioning itself as leading gold trading and owning nationby Karen Yeung in the SCMPThe Chinese Gold & Silver Exchange Society (CGSE), Hong Kong's gold exchange, is...Read More
* Survey shows 19 pct of firms pessimistic in Feb* Negativity slowly recovering from post-election drop* Economy still faces headwinds - economist (Adds detail, market reaction, economist quote)WELLINGTON, Feb 28 (Reuters) - New Zealand's businesses were less pessimistic about the outlook in February, but firms struggled to shake off concerns aboutthe new government's policies while a slightly coo...Read More
* Dollar index clings near 3-week high set on Tuesday* Euro touches its lowest since Feb. 9 * Fed's Powell strikes hawkish tone in 1st testimony By Masayuki KitanoSINGAPORE, Feb 28 (Reuters) - The dollar stood near a three-week high against a basket of currencies on Wednesday, after Federal Reserve Chairman Jerome Powell's upbeat views on the economy bolstered bets on further Fed interest rate hik...Read More
BEIJING, Feb 28 (Reuters) - Growth in China's manufacturing sector in February slowed more than expected to it lowest since July 2016, as the week-long Lunar New Year holiday disrupted business activity and tougher pollution rules curtailed factory output.The official Purchasing Managers' Index (PMI) released on Wednesday fell to 50.3 in February, from 51.3 in January. But it remained just above t...Read More
(Adds breakdown on industrial output)* Jan output -6.6 pct m/m vs forecast -4.2 pct* Output seen +9.0 pct in Feb, -2.7 pct in March* METI changes assessment: output recovering "gradually" By Stanley WhiteTOKYO, Feb 28 (Reuters) - Japan's industrial output tumbled in January, partly hurt by a decline in the production of cars due to lower sales to the United States, raising concerns tha...Read More
SEOUL, Feb 28 (Reuters) - South Korea's finance minister on Wednesday said the government will consider preparing a supplementary budget to create jobs and boost economic growth."We won't rule out the possibility of an extra budget," Kim Dong-yeon said at a parliament session when a lawmaker asked if the government's push to add jobs will mean increased fiscal expenditure. In 2017, South...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -1.1 pct, CSI300 -1.4 pct, HSI -0.7 pct* HK->Shanghai Connect daily quota used 13.1 pct* HK->Shenzhen Connect daily quota used 7.6 pct* CNY official close 6.317 per dollar* FTSE China A50 -1.9 pct, BNY Mellon ADR China Select Index -2.4 pct SHANGHAI, Feb 28 (Reuters) - Following is a list of recent corporate and policy announcements, as well as other...Read More
WELLINGTON, Feb 28 (Reuters) - New Zealand businesses remained pessimistic about the outlook in February, though the mood improved somewhat from the previous month, an ANZ Bank survey showed on Wednesday.The survey's headline measure showed a net 19 percent of respondents expected the economy to deteriorate over the year ahead. It compared with a 37.8 percent pessimism level in the previousmonth's...Read More