Liquidity is the ultimate paradox in finance. It's always there when you don't need it and never there when you need it most. The reason is crowd behaviorContinue...Read More
By Frank HolmesStrengths? The best performing metal this week was palladium, up 9.16 percent on concerns new Russian sanctions announced at the start of week could disrupt supplies. Gold traders and analysts are at their most bullish on the gold price in a year, according to the weekly Bloomberg survey. Gold ETFs saw holdings increase for seven consecutive days with total holding...Read More
All financial crises are the same and different at the same time. They are the same when it comes to the dynamics of contagion, illiquidity, bank failures and the high-panicContinue...Read More
"War" and "pensions" are conceptually about as different as it's possible to be. But - in a measure of how far into Crazy Town we've wandered - they're both taking the world in the same direction. If a Middle East (or Asian!) war doesn't spike oil prices and push the global economy into recession, then pensions will probably produce the same end result. Here's an excerpt from a much longer New Y...Read More
By Keith WeinerBack in the drug-soaked, if not halcyon, days known at the sexual and drug revolution the 1960's many people were on a quest for the "perfect trip", and the "perfect hit of acid" (the drug lysergic acid diethylamide, LSD). We will no doubt generate some hate mail for saying this, but we don't believe that anyone ever attained that goal. The perfect drug-induced high does not exist...Read More
Russian stocks and the ruble rose after a report that President Trump would not extend more economic sanctions on Russia, despite earlier comments from Nikki HaleyContinue...Read More
SHANGHAI, Apr 16 (SMM) – Trading in the spot cobalt and lithium market saw much movement during the week that ended Friday April 13, SMM learned.Traded prices of cathode material products remained flat from last week as the slower-than-expected downstream consumption weighed on prices upstream.SMM sees downward room in prices of lithium salt in the second quarter of the y...Read More
- Global debt bubble hits new all time high - over $237 trillion- Global debt increased 10% or $21 tn in 2017 to nearly a quarter quadrillion USD- Increase in debt equivalent to United States' ballooning national debt- Global debt up $50 trillion in decade & over 327% of global GDP- $750 trillion of bank derivatives means global debt over $1 quadrillion- Gold will be 'store of value' in coming e...Read More
A senior Israeli military official admitted to NYT columnist Thomas Friedman that Israel targeted the Iranian drone command center at the T4 air Continue...Read More
SHANGHAI, Apr 16 (SMM) – In an emergency response to the heavily-polluted weather in the Beijing, Tianjin and Hebei area this week, Tangshan city has initiated measures to cut emissions from 20:00 on Sunday April 16, SMM learned.On top of current non-heating season cutbacks, a further cut of 50%in output was imposed on sintering machines. Coke ovens were required to prolong co...Read More
SHANGHAI, Apr 16 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendDespite airstrikes in Syria by the US, UK and France, the US dollar index edged up slightly and closed at 89.78 on Friday April 13 as trade tension eased and the Federal Reserve Board’s March meeting took a aggressive stance.Most base metals rose but saw...Read More
The following is a summary of our recent FS Insider podcast, "Retail Apocalypse Picking Up Steam, Says Bloomberg's Matt Townsend," which can be accessed on our site here on iTunes here. Last year we saw more than 7,000 stores close their doors, more than twice the amount of stores that opened in the same time period. Question is, with consumer confidence at record levels and the US economy showing...Read More
Liquidity is the ultimate paradox in finance. It's always there when you don't need it and never there when you need it most. The reason is crowd behavior, or what mathematicians call hypersynchronicity (a fancy word for everyone doing the same thing at the same time).When markets are calm, no one wants liquidity because investors are happy to hold stocks, bonds, currencies, commodities and other...Read More
All financial crises are the same and different at the same time.They are the same when it comes to the dynamics of contagion, illiquidity, bank failures and the high-panic state in which everyone in the world wants his money back at the same time.Yet each crisis is different in its specific causes.The 1994 Tequila Crisis was caused by Mexico's inability to roll over short-term unsecured debts. Th...Read More
You say you're tired of punching that clock each day, the pinhead boss, the stale coffee, and the office politics?Enough is enough.You've been planning to breakout on your own for a long time. You have your business plan.You have customers lined up.Now you're ready to pull the plug and enjoy the freedom that comes with self-employment.Well, I worked as an employee for a bunch of years and for the...Read More
It’s no surprise that I’m a fan of investing in today’s retail sector.As I talked about on Saturday, it’s like someone forgot to tell the group that the market is in “correction mode!”Both American Eagle (AEO) and Lululemon Athletica (LULU) are now sitting at 52-week highs after fantastic performances last week. Even department stores Macy’s (M) and Dillar...Read More
Peter KrauthThe stock market has been especially volatile this year, and that's proving to be a boon for the price of gold…The CBOE Market Volatility Index (VIX) more than tripled its January average on Feb. 5, when the Dow Jones sank more than 1,000 points. The VIX is still nearly double its Jan. 1 level.Since the start of 2018, there have been some 100 trading days with a daily movement of...Read More
Apr 17, 2018 Guest(s): Bodo Albrecht Founder, BASIQ The electrification of the automotive industry may curtail demand for precious and base metals, specifically those metals used as catalytic converters in today's petroleum engines like rhodium, platinum, and palladium, said Bodo Albrecht, founder of the BASIQ Corporation and president of the IPMI. "Battery electric vehicles do not require preci...Read More
Silicon Valley is pouring venture capital into startups that use cultured animal cells to grow meat. The hope (now backed with hundreds of millions of dollars) is that they'll someday replace corn fields, feedlots and slaughterhouses with football-field sized vats from which an entire city's hamburgers and chicken nuggets emerge sans animal suffering or land degradation. Most people would probably...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:BSXAUDDescriptionBlackstone Minerals are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial04/16/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$38.00M$38.74M04/16/2018$0.74MTotal Assets:$11.68M$11.65M04/16...Read More