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 | James Howard Kunstler |
 Drums Along the Potomac  |
| The amateur psychologist in me suspects that the more the USA heaps Russia with censorious opprobrium and punishments, the closer this floundering polity actually is to completely losing its shit. Friday morning’s front-page headline in The New York Times appears to have been written by Pee Wee Herman:
I can just hear Vlad Putin blowing a raspberry out of the Kremlin: “Nyah, nyah, nyah… I know you are, but what am I…?” We’re also informed today by that august journal that U.S. Accuses Russia inFriday, March 16, 2018 |
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 | Chris Martenson |
 Russia Did It! |
| This past week saw an enormous outpouring of respect and admiration for Stephen Hawking upon his passing.
In contrast to his frail health in life, his contributions to our understanding of the universe were prodigious and robust. Hawking's elevation of rational and intellectual truth above all else, even his failing body, inspired a generation of science lovers.
Perhaps, too, he represented something in desperately short supply in today's world: intellectual integrity.
Our lives are now fraughtFriday, March 16, 2018 |
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| Bullion Vault |
| Gold Price Unmoved, Hits 5-Week Low vs GBP as US Backs UK Over Russian Spy Attack |
| GOLD PRICES were unmoved Thursday by worsening tensions between Nato and Russia over the poisoning in Britain of a former spy, holding $5 below last week's finish to trade at $1318 per ounce as world stock markets also held flat overall.
Silver also slipped, trading 1% down for the week so far at $16.43 as major Western bond prices rose, edging interest rates down.
Russian bond yields rose as MoFriday, March 16, 2018 |
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| Bullion Vault |
| Gold Price Spikes vs. Dollar as Trump Sacks Tillerson 'Cos of Russia', Inflation Rises |
| GOLD PRICES leapt against a sinking Dollar on Tuesday but quickly fell back after US consumer prices showed the fastest inflation in 6 months and US President Donald Trump sacked his Secretary of State Rex Tillerson with a tweet, one day after Tillerson called Russia "a force for instability in the world."
Trump had tweeted overnight that the House Intelligence Committee "
found no evidence of collusion or coordination" between his 2Wednesday, March 14, 2018 |
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| Bullion Vault |
| Gold Price Rallies vs Weaker Dollar as EU Retaliates in US Trade War |
| GOLD PRICES rose against a weakening Dollar in London trade Tuesday, regaining last week's 0.5% loss to reach $1329 per ounce but slipping in Euro and Sterling terms as talk of a "trade war" between the US and Europe grew.
After US President Donald
Trump last week proposed new US tariffs on steel and aluminum imports, "We are looking at possibilities to retaliate," the EU Commissioner for Trade
told the BBC, "[with] taxTuesday, March 6, 2018 |
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| Bullion Vault |
| Gold Prices Sink vs. Yen, Jump in USD as Trump Declares ‘Trade War’ |
| GOLD PRICES whipped amid sharp currency swings on Friday as global stock markets fell hard after US President Donald Trump defended plans for stiff tariffs on imports of steel and aluminum into the world's No.1 economy by declaring that "trade wars are good".
Proposing 25% tariffs on imports of steel and 10% on aluminum last night, "When we are down $100 billion with a certain country and they get cute, don't trade anymore," Trump tweeted on Friday morning.
Having erased Saturday, March 3, 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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| Bullion Vault |
| Gold Prices 'Hit by Deep Link' to Real Yields But 'Should Gain' on Inflation |
| GOLD PRICES struggled to recover from yesterday's sharp drop against the rallying US Dollar in London on Wednesday, halving last week's 2.2% gain as world stock markets fell, bond prices steadied and commodities edged higher.
Retreating 2.6% from last Friday's 3-week high at $1361 per ounce, the
gold price in Dollar terms has now cut its 2018 gains to date to just 2.2%.
Priced in EuWednesday, February 21, 2018 |
|
 | Mark O'Byrne - gold.ie |
| Brexit Risks Increase – London Property Market and Pound Vulnerable |
| Brexit Risks Increases – London Property Market and Pound Vulnerable
– Brexit uncertainty deepens as UK government in disarray– BOE warns of earlier and larger rate hikes for Brexit-hit UK– UK property prices fall second month in row, London property under pressure
– No deal Brexit estimated to cost UK £80bn according to government analysis
– Transition period causing major uncertainty for UK and pound
– Pound expected to fall as Brexit fears remain into 2018
Editor: Mark O’Byrne
Source: VoxEU.Friday, February 9, 2018 |
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| Bullion Vault |
| 'Soft Brexit' Row Sees Sterling Rise, Gold Price in Pounds Near 6-Week Low as Eurozone GDP Hits 10-Year Best |
| GOLD PRICES in the global wholesale markets bounced $10 from an overnight drop to $1334 on Tuesday as Chinese demand held firm ahead of next month's Lunar New Year and volatility in the currency markets switched to Sterling amid fresh wrangling over Brexit.
With 3 weeks until Chinese New Year – now the heaviest single period for household gold demand worldwide, beating India's Diwali in recent years – wholesale gold prices in Shanghai held at a Wednesday, January 31, 2018 |
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| Bullion Vault |
| Dollar Up, Gold Prices Dip, Silver Betting -29 Ahead of Fed, Jobs Data |
| GOLD PRICES slipped slightly back on Monday morning in London as the US Dollar surged after 6 straight weeks of losses,
writes Steffen Grosshauser at BullionVault.
Gold traded $6 below last week's close at $1349 per ounce after touching an 18-month high at $1365 early on Friday.
US Treasury bonds meantime extended their New Year 2018 sell-off, pushing up the yields offered to new buMonday, January 29, 2018 |
|
 | Alasdair Macleod - Finance and Eco. |
| The truth about trade |
| The one subject, which became a headline issue last year, and even divides experts is trade. It will become increasingly important in 2018 as the US develops her trade policy, particularly with respect to China, and as the UK negotiates her Brexit terms with the EU. Ignorance dominates this subject. Surely, people say, industry should be protected from unfair trade practices, such as goods manufactured in foreign sweat-shops, or unfair dumping of commodities, such as steel. If President Trump caThursday, January 18, 2018 |
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| Bullion Vault |
| Silver Lags Gold Price But Comex Speculators Turn Net Bullish as Fed Member Cuts Dollar Rate Outlook |
| GOLD PRICES held onto last week's 1.4% gains in London trade Monday but silver slipped amid a rally in the Dollar on the forex market.
World equities pushed up to fresh all-time record highs as major government bond prices also rose, pushing interest rates lower.
European
banking stocks lagged the broader gain in equities, however, after Germany's Deutsche Bank said at the weekend iMonday, January 8, 2018 |
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| Mark O'Byrne - gold.ie |
| Gold Demand Increases Along with Uncertainty Thanks to Trump, Brexit and North Korea |
| Gold demand increases along with uncertainty thanks to Trump, Brexit and North Korea
– Recent events have increased concerns over ability of leaders to repair rather than excerbate problems
– Holdings in gold-backed ETFs rose by 9.1 tonnes to 2,357 tonnes thanks to European demand
– Trump inflames Middle East tensions. Israel announcement seen as sign of U.S. “failure and impotence”
– Key Brexit Minister admits divorce from EU could have consequences as bad as the financial crisis
– Chinese mediSaturday, December 16, 2017 |
|
 | Egon von Greyerz - Matterhorn AM |
| SELL CRYPTOS – BUY GOLD |
| During the 2006-9 financial crisis, a collapse of the global financial system was avoided by massive money printing, guarantees and allowing banks to value assets at cost rather than market, as well as a panic lowering of interest rates from as high as 6% in the US to zero or negative. Bonds issued by eight major countries currently have negative interest rates from 1 & 2 year debt for Italy up to 15 & 30 year debt for Japan, Germany and Switzerland.
GLOBAL LIABILITIES OF $2 QUADRILLION
WhateveThursday, December 7, 2017 |
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| Bullion Vault |
| Price of Gold Bars Rallies with 'Tail Risks' as ETFs Expand, China Fears US-N.Korea Strike, Trumps Moves Israel Embassy |
| GOLD BARS rallied from yesterday's 9-week low in Asian and London trade Tuesday as global equities slipped with commodity prices amid rising tensions over Washington's policies in both the Middle East and towards rogue state North Korea.
A Chinese state-run newspaper today gave readers near the border with North Korea a page of
"common sense" advice for the event of a nuclear strike.
Wednesday, December 6, 2017 |
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| Bullion Vault |
| Gold Price Slips Near 'Significant Support' as World Warns Trump on Israel Embassy, Brexit Talks Stall |
| GOLD PRICES slipped near 1-month lows against a rising US Dollar in London trade on Tuesday, drifting back to $1273 per ounce as world stock markets followed Wall Street lower after Monday's drop.
Commodities fell as major government bond prices edged longer-term interest rates higher.
"Gold should encounter significant support at $1269/67 and a rebound should follow once these levels are met," Tuesday, December 5, 2017 |
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| Bullion Vault |
| Gold Prices Down, Bitcoin 'Bubble' Up with Stocks + Dollar on Trump's Tax Plan |
| GOLD PRICES dipped Monday morning as the US Dollar gained following the Senate's approval of Donald Trump's tax cuts and Western stock markets rose,
writes Steffen Grosshauser at BullionVault.
The US Dollar briefly touched a 2-week high after the Senate narrowly approved the Republican Party's tax overhaul on Saturday, including plans to slash the corporate tax rate from 35% to 20%.
Monday, December 4, 2017 |
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| Bullion Vault |
| Gold Prices Bounce from Comex Sell-Off as Fed Looks to 3x Rate Hikes in 2018 |
| GOLD PRICES traded in a narrow $5 range above last week's close on Monday morning in London as expectations held firm for a US Fed rate hike next month and the British Pound dropped amid fresh doubts over Prime Minister Theresa May's leadership, writes Steffen Grosshauser at BullionVault.
Gold prices climbed to $1279 per ounce after posting its biggest daily decline in three weeks in Friday's session, falling below the 100-day moving average as Monday, November 13, 2017 |
|
| Alasdair Macleod - Finance and Eco. |
| The Brexit chicken game |
| At last, there are signs a sense of reality is dawning on the EU’s negotiators about the futility of trying to force the UK to agree to a divorce settlement before talking about trade. However, there are still vestiges of a hope that Britain won’t leave the EU after all. Donald Tusk, the current European Council President, indicated it was still an option as recently as this week, but these hopes are wishful thinking.It has taken thinly-veiled threats from the UK to leave without a deal, unlessFriday, November 3, 2017 |
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