January performance bodes well for gold and silver...There are many market historians and technical analysts that like to assess the outlook for stocks based upon the "January Barometer" which, in its most rudimentary definition, says that "as January goes, so goes the market" for the rest of the year. However, the late Richard Russell had it down to a science as he broke January down into segment...Read More
Click Here to Listen to the InterviewGerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, r...Read More
The ECB's was forced to suspend its new stricter credit rules indefinitely concerning bad loans. The banks were screaming "you idiot" for it Continue...Read More
"Mr. Lesin died as a result of blunt for injuries to his head, with contributing causes being blunt force injuries of the neck, torso, upper extremities, and lower extremitiesContinue...Read More
Continue...Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and...Read More
"This is a very dangerous time both domestically and globally." Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in economic reporting led to front-page stories in The New York Times and Investor's Business Dail...Read More
TOKYO, Jan 27 (Reuters) - Bank of Japan Governor Haruhiko Kuroda's comments at a World Economic Forum panel were intended to repeat the BOJ's official view that it expects to meet its 2 percent inflation target around fiscal 2019, a central bank spokesman said on Saturday."So there are many factors which made achieving the 2 percent inflation target or price stability target so difficult and...Read More
CloseGain/LossOn WeekGold $1349.60+$1.60+1.31%Silver$17.41+$0.11+2.29%XAU90.31+0.44%+2.66%HUI203.36+0.56%+3.27%GDM682.82+0.45%+3.11%JSE Gold1313.09-13.92+1.19%USD89.10-0.18-1.73%Euro124.24+0.07+1.68%Yen91.97+0.32+1.71%Oil$66.41+$0.63+4.80%10-Year2.659%+0.041-0.08%Bond148.84375-0.5625+0.17%Dow26616.71+0.85%+2.09%Nasdaq7505.77+1.28%+2.31%S&P2872.87+1.18%+2.23% The Metals: Gold gained $9 to $...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort305,81291,12864,523161,458396,010531,793551,661Change from Prior Reporting Period 3,949976-8,6473,2565,301-1,442-2,370Traders18096874657269202 Small Speculators LongShortOpen Interest 50,62830,760582,421 1,5302,45888 non reportable positionsChange from the previous reporting peri...Read More
- Davos elite hear warnings of complacency akin to 2007 as economic risks grow- Toxic mix of infallible belief, arrogance, megalomania and economic ignorance- Some express concern economies are vulnerable due to imbalances, trade, geo-political tensions- Soros: Trump creating 'mafia state' & 'set on a course towards nuclear war' with N Korea- Bond bear market, rising interest rates and massi...Read More
Jan 27 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 29-JanItaly Bills auction30-JanJapan Auction of 2-year government bonds30-JanItaly Medium- to Long-Term auction30-JanBelgium Auction of Treasury bills31-JanSwedenAuction of Treasury bills31-JanGermany Auction of 5-year Federal notes31-J...Read More
By Huw JonesLONDON, Jan 27 (Reuters) - Britain could make it a requirement for regulators to help London remain a top global financial centre after Brexit, lawmakers said on Saturday in a report pitting parliament against the Bank of England.The United Kingdom's departure from the European Union in March next year has raised concerns among policymakers about the country's ability to remain a leadi...Read More
Jan 27 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- TUESDAY, JANUARY 30 ** SAO PAULO - Speakers at the Cr...Read More
Jan 27 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- MONDAY, JANUARY 29 ** BRUSSELS - Speech by executive board member and chief economist of the Eu...Read More
(Updates prices, adds details on Mexico)By Bruno FederowskiBRASILIA, Jan 26 (Reuters) - Brazilian markets extended a rally on Friday as traders bet leftist former President Luiz In??cio Lula da Silva would be barred from running in this year's election after an appeals court upheld his conviction for corruption.The Brazilian real closed up 0.6 percent, a gain of 1.91 percent during the week. The b...Read More
* MSCI world stocks index rises for 10th week* Dollar buckles again* S&P 500 posts biggest daily pct gain since March 1 (Updates with closing U.S. market levels)By Caroline ValetkevitchNEW YORK, Jan 26 (Reuters) - Strong earnings from Intel and other companies drove Wall Street indexes to record closing highs on Friday, while the U.S. dollar remained weak after recent comments by the U.S. Trea...Read More
RIO DE JANEIRO, Jan 26 (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA said on Friday it sold $2 billion in notes due in 2029 with a coupon of 5.75 percent a year from its subsidiary Petrobras Global Finance BV.The company said investor income will be 5.95 percent per year, with payments starting Aug. 1, 2018. It cited the issue price of 98.402 percent of the principal amount.Pe...Read More
(Adds comment, details, table, byline)By Gertrude Chavez-DreyfussNEW YORK, Jan 26 (Reuters) - Speculators' net short dollar bets rose in the latest week to their largest amount since mid-October, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.The value of the net short dollar position, derived from net holdings of International Monetary Market...Read More
Traders and investors that follow gold and the US dollar were participants in a virtual roller coaster ride this week as conflicting versions of the current administration's policy on the US dollar surfaced. Statements made by Stephen Mnuchin the Treasury Secretary on Wednesday sent gold prices sharply higher, and the US dollar index sharply lower. The dollar index lost roughly 1% in value, and go...Read More
Stocks managed to finish the week on a positive note, with all three indexes ending in the black and touching fresh record highs during intraday trading. Gains were mostly driven by strong corporate earnings, with Intel(INTC) leading the charge, and a healthcare rally also added to stocks' upward momentum. As such, traders seemingly shrugged off a weaker-than-expected reading on fourth-quarter gro...Read More