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| Graham Summer - Gains Pains & Capital |
A Gift From The Oldies |
By Chris at www.CapitalistExploits.at
I bumped into a friendly bloke at my local gym last week. Jim is his name.
Jim tells me he just started because, and I quote, "my doctor says I'm going to die unless I do something".
Now, I assure you it doesn't take a doctor to figure this out.
One glance in Jim's direction and you can tell that underneath all that weight there's a big struggling heart in there... just ready to explode. He was surprisingly frank and tells me it's so bad that he can oMonday, August 13, 2018 |
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| Bullion Vault |
Gold Prices Steady from Powell's Fed Rate Forecast, Platinum Up 6 for 2018 Despite 'Death Knell for Diesel' |
GOLD PRICES steadied at multi-week lows on Wednesday as the Dollar paused its gains but world stock markets followed Wall Street lower after new Federal Reserve chair Jerome Powell told US lawmakers to expect further interest rate hikes.
Extending its sharpest 1-week drop of 2018 to date, gold fell another $20 per ounce between Tuesday morning and the end of London trade yesterday, bouncing off a 2-week low of $1314 overnight.
Thursday, March 1, 2018 |
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| Adrian Ash - Bullion Vault |
5 Facts About Silver Investing in 2018 |
What do the Comex silver bears know...?
YOU MIGHT think hedge fund traders have called it right so far in 2018 on silver investing,
writes Adrian Ash at BullionVault.
As a group, the 'Managed Money' category of traders betting on Comex silver contracts stayed bearish overall in mid-to-late February, having turned against the metal in December for the first time since JulWednesday, February 28, 2018 |
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| Bullion Vault |
Gold Price Falls as Fed's Powell Speaks, US Data Miss Badly, Euro Confidence 'Elevated' |
GOLD PRICES fell as new US Fed chair Jerome Powell began his first testimony to lawmakers on Tuesday, retreating to last week's closing level as the US Dollar rallied from a fresh drop on the currency market.
New data meantime missed analyst forecasts, showing the US trade deficit in goods widening badly even as orders for larger domestic applicances and other durable goods
sank 3.7% from the month before, led by a hard drop in vehiTuesday, February 27, 2018 |
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| Mark O'Byrne - gold.ie |
Davos – My Personal Experience of the $100,000 Event, $60 Burgers, Massive Inequality and the Blockchain Revolution |
– 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 massive $233 trillion debt are some of the many threats to global stability
– Davos theme explores massive inFriday, January 26, 2018 |
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| FOFOA - FoFOA |
Happy New Year! |
2018
Year of the POP
If you'd like to read "Year of the POP", I'm sure you can guess where it can be found. ;D
At the Speakeasy, we discuss things like bullion, bitcoin, bubbles, banking, and much much more. As I did in Nine, at the ninth anniversary of this blog, and back in May at the second anniversary of the new Speakeasy, I have started a new tradition of sharing samples from the Speakeasy here. For this one, I picked a fun post from back in August. It's about the coat-check room view oTuesday, January 2, 2018 |
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| Adrian Ash - Bullion Vault |
Gold, Mithras and Killing the Bull in 2018 |
Forget gold! 2018 investment forecasts love stocks...
The NEW European HQ of financial data and news-giant Bloomberg in London really is something,
writes Adrian Ash at BullionVault.
Amazing views...even more amazing decor and furnishings...
...and a genuine Roman temple in the basement!
Wednesday, December 20, 2017 |
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| Mish - Global Economic Analysis |
China's Growth Miracle Runs Out of Steam: Views From Pettis, Blackrock |
Michael Pettis at China Financial Markets says, "China's growth is running out of Steam." Blackrock brushes off concern.On October 20, Blackrock global chief investment strategist, Richard Turnill, explained What cooling growth in China means for investors.
"We see China’s growth rate slowing only to still-solid and more sustainable levels. The implications for investors? Growth in China should remain supportive of emerging market (EM) assets and risk assets in general."
Michael Pettis
Michael PWednesday, November 29, 2017 |
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| Bullion Vault |
Gold Prices Recover as India, China Premiums Rise But GLD Flat After Institutional Jump |
GOLD PRICES recovered two-thirds of this week's earlier 1.3% drop against the Dollar on Wednesday, trading up to $1286 per ounce as Asian demand edged premiums in China and India higher, and world stock markets rose yet again.
Government bond prices sat tight, keeping 10-year US Treasury yields unchanged at 2.36%, in the middle of the last month's range.
Crypto-currency Bitcoin slipped 2.0% fromWednesday, November 22, 2017 |
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| Graham Summer - Gains Pains & Capital |
Amid Growing Risks And Diminishing Returns From Algos, Former Blackrock Elite Take On Mindless Robots |
As ZeroHedge readers are keenly aware, 2008 kicked off the largest financial engineering experiment in history – namely, the beginning of 12.3 Trillion in QE and the lowest interest rates in 5,000 years. The plan, hatched by Bush-era Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson, created a ‘Fed Put’ underneath the markets first made popular by Alan Greenspan – an implicit guarantee that no matter how bad things got, the Fed would actively combat financial disaster.
As a result, mWednesday, September 27, 2017 |
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| Jason Hamlin - Gold Stock Bull |
Upcoming Bitcoin SegWit Deadline, Ethereum Falls, and Tierion ICO |
What Is SegWit2x and How will it Change Bitcoin?
The upcoming SegWit activation deadline on August 1st is expected to cause more volatility in the price price action for Bitcoin. However, it remains to be seen in which direction it will trend. But what exactly is SegWit and what does it mean for you?
The start of this scaling debate started years ago. In order to protect from cyber attacks, Bitcoin was designed to cap the amount of information on its network. That puts a ceiling on how many tranSaturday, July 15, 2017 |
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| Mish - Global Economic Analysis |
How Can a Human Justify Asking to be Paid $15 to Work |
McDonald’s announced it will replace cashiers in 2,5000 stores with self-service kiosks.
The story buzzed across the internet but Business Insider reported McDonald’s shoots down fears it is planning to replace cashiers with kiosks.
Official Denial
“McDonald’s has repeatedly said that adding kiosks won’t result in mass layoffs, but will instead move some cashiers to other parts of the restaurant where it’s adding new jobs, such as table service. The burger chain reiterated that position again Sunday, June 25, 2017 |
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| Ronan Manly - Bullion Star |
Are the World’s Billionaire Investors Actually Buying Gold |
Infographic website Visual Capitalist recently published an eye-catching infographic on behalf of Sprott Physical Bullion Trusts which featured 4 well-known billionaire investors and their supposed investments in gold. The infographic is titled “Why the World’s Billionaire Investors Buy Precious Metals” and can be seen here.
The 4 investors profiled in the infographic are:
Jacob Rothschild (Lord), chairman of London-based investment trust RIT Capital Partners Plc
David Einhorn, president of ManSunday, June 25, 2017 |
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| USA GOLD - USA Gold |
Larry Fink: ‘Warning Signs Are Getting Darker’ for the U.S. Economy |
Bloomberg/Charles Stein/04-19-17
Laurence D. Fink, chief executive officer of BlackRock Inc., said the lackluster growth of the U.S. economy and uncertainty around the Trump administration’s ability to quickly pass key reforms pose a risk to markets.
“There are some warning signs that are getting darker,” said Fink, in an interview Wednesday on Bloomberg Television. Fink, who runs the world’s largest money manager, mentioned a pullback in car sales and a slowdown in merger and acquisition activiFriday, April 21, 2017 |
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| Andy Hoffman - Miles Franklin |
The Powers That Be Are Screaming For QE And NIRP To Infinity |
I have a LOT to say this morning – all if it, extremely important. But first, let’s start, mere hours before the third Miles Franklin Silver All-Star Panel Webinar – which will be posted at milesfranklin.com later today; with this article from one of our distinguished panelists, Steve St. Angelo of the SRS Rocco Report. In which, it details how Peruvian gold and silver production, in the year’s first two months, are down, unexpectedly, by 11% and 12%, respectively, from a year ago. Which is qFriday, April 21, 2017 |
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| Wolf Richter |
How Many Jobs Do Robots Destroy Answers Emerge |
But this isn’t the industrial revolution.
How many jobs do robots – whether mechanical robots or software – destroy? Do these destroyed jobs get replaced by the Great American Economy with better jobs? That’s the big discussion these days.
The answers have been soothing. Economists cite the industrial revolution. At the time, most humans replaced by machines found better paid, more productive, less back-breaking jobs. Productivity soared, and society overall, after some big dislocations, came ouWednesday, March 29, 2017 |
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| The Gold Report |
Iskut Could Be as Important to Seabridge as KSM |
Seabridge's Iskut project has the potential to be another success story like its flagship, 100%-owned KSM project.
When Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) closed the sale of its Castle-Blackrock claim block interest in Nevada to Columbus Gold in February, Seabridge Chairman and CEO Rudi Fronk noted that "the sale is part of a continuing program of divesting non-core assets in order to focus resources on core holdings, includingThursday, March 23, 2017 |
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| The Gold Report |
Seabridge Gold Ups the Ante with Nevada Acquisition Deal and Updated Resource at Deep Kerr |
Seabridge Gold's recent announcement of an increased resource estimate at its KSM project caught the attention of one analyst, and follows another announcement that the company intends to purchase a project that potentially intersects three of Nevada's well-known gold trends.
In a Feb. 16 announcement, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) reported "an updated independent mineral resource estimate for the Deep Kerr Deposit at its 1Thursday, February 23, 2017 |
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| Michael J. Kosares - USA Gold |
BlackRock backs gold to hedge market risk |
Bloomberg/Susanne Barton/2-16-2017
“While the stock surge and below-average volatility show investors are more optimistic, markets are underpricing global political risks, said Russ Koesterich, who helps manage the $41 billion BlackRock Global Allocation Fund. He recommends gold as insurance. Looming elections in Europe and political uncertainty in the U.S. are among developments that could shift investor sentiment, Koesterich said. Adding to the threat is the potential impact of Britain’s exit Monday, February 20, 2017 |
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| Bullion Vault |
'Buy Gold' Against Political Risk Says Blackrock as It Sells GLD, Stocks Fall Again |
BUY GOLD prices in the wholesale 'spot' market held above $1240 per ounce in London trade Friday morning, heading for their highest weekly close since Donald Trump won the US presidency in November as world stock markets fell further from yesterday's new all-time highs.
Commodities fell again, but silver held firm alongside prices to buy gold, trading 10 cents shy of yesterday's pop to what one trading desk called
"strong silver resFriday, February 17, 2017 |
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