This is the Currency Trend to Watch
Capital is flowing out of China again, and at an accelerating rate. The yuan has fallen to a fresh six year low as capital flows...
Fidelity Sees Yen as Low at 120
Keeping long-term bond yields at zero is never a good strategy for currency strength. But that is exactly what the Bank of Japan is...
Why You Should be Watching China’s Currency
The Chinese yuan has fallen to a new six-year low as outflows surge. The central bank has either been overwhelmed by currency flooding out of...
How much more Downside does the British Pound have?
According to Goldman Sachs, much more. Here's Goldman's take via Zerohedge:
How Much More Sterling Downside? (via Goldman Sachs)
1. With the prospect of a 'hard...
A Flash Crash in one of the World’s Reserve Currencies
When we wrote on Wednesday that it was probably too early to take an aggressive position in the British Pound we apparently weren’t kidding.
Overnight,...
Is the British Pound a Good Buy Today?
The biggest casualty of the Brexit vote thus far has not been the stock market or the bond market as many predicted, but the...
Is Switzerland’s Amazing Negative Interest Scheme Working?
Swissinfo.ch alerts investors worldwide to a pretty astounding current outcome:
The Swiss still refer to the day of the “Frankenschock”. On January 15 last year,...
Gold: An Investment in Chaos
I like what Jim Grant, publisher of Grant's Interest Rate Observer, has to say about gold and chaos. BusinessInsider.com reports:
According to Matt Borin at the...
Gold Market Modernization: WGC Announced LMEprecious
The World Gold Council has announced that with partners including the London Metal Exchange, Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC, and...
Silver Up 44% in First Half: Investment Demand Booms
Investment demand and sales of silver coins have surged in 2016. The Silver Institute notes that in the first half of 2016, the price...