Silver as an investment

Monthly Archives: August 2016

“All Eyes On Central Banks” In September, But “No Reason To Smile”

Submitted by Saxo Bank Head of Macro Analysis, Christopher Dembik via TradingFloor.com, Case for a US rate hike remains strong ahead of September FOMC meeting ECB almost certain to extend QE programme RBA changes governors as CPI expansion tumbles Norwegian inflation high and rising, housing bubble in focus Coup attempt derails Turkish economy, further easing […]

Europe Reels As A New Wave Of Refugees Begins To Flood The Continent

Angela Merkel, and Europe in general, had hoped they had managed to move beyond the unprecedented wave of refugees unleashed on the content in 2015 courtesy of the German Chancellor’s open door policy, with the fragile March 2016 refugee deal signed with Turkey. Sadly – for both Europeans who have suffered a surge in terrorist […]

“Day One… My First Hour In Office… Those People Are Gone” – Trump To Deport All Criminal Illegal Aliens

After spending the day visiting Mexico’s President Enrique Peña Nieto, U.S. Presidential candidate Donald Trump delivered a rousing speech to thunderous applause detailing his immigration policy in Phoenix, Arizona. Day One… My First Hour In Office… Those People Are Gone. You can call it deported if you want… the press doesn’t like that term… you can […]

Saudi Arabia Fires 10,000 Substitute Imams To Save Money, As Banking Crisis Looms

zerohedge.com / by Tyler Durden / Aug 31, 2016 5:23 PM In the latest confirmation of Saudi Arabia’s rapidly deteriorating financial situation, having recently sacked 16,000 foreign workers, earlier today the Ministry of Islamic Affairs announced it has terminated the services of 10,000 substitute imams to save 360 million Saudi Riyals, or less than $100 million, the Saudi […]

Great Graphic: Oil is Looking Crude

marctomarket.com / by Marc Chandler / Sept 1, 2016 Oil has broken down further today. The ostensible trigger was the larger than expected build in US inventories. However, the price of oil has been trending lower since the beginning of last week. It appears that our skepticism of talk of an output freeze is gaining […]

Lying Hillary, Pinocchio and Pinchuk

lewrockwell.com / By Saint John Hunt / August 31, 2016 Almost everyone knows the wonderful tale of Pinocchio.  You remember, right?  He wanted to be a real boy but unfortunately, he was made of wood.  He wanted, to be honest, but he just couldn’t stop lying. There was, however, an issue with his nose.  Pinocchio’s nose was afflicted […]

7 Out Of 10 Millennials Are “Disengaged” From Meaningful Employment

zerohedge.com / by Tyler Durden / Aug 31, 2016 6:35 PM Gallup recently released what it described as the “most robust and comprehensive study of the millennial generation” combining more that 30 separate studies involving more than 1 million respondents.  In summary, the report found Millennials to be disengaged, aloof and completely incapable of prioritizing their own workload […]

Three Hanjin Ships Stranded Off California Coast

Earlier today we reported that in an surprising and abrupt development, one which may lead to ripple effects on global supply-chains and worldwide “just-in-time” logistics, the biggest South Korean shipping company and the world’s 7th largest container shipper, Hanjin Shipping, filed for bankruptcy leaving its assets frozen as ports from China to Spain denied access […]

Live by the Consumer, Die by the Consumer

mauldineconomics.com / BY TONY SAGAMI / AUGUST 30, 2016 This week’s article is a follow-up to last week’s article (which generated a lot of attention) about stressed-out, tapped-out American consumers. The Dow Jones Industrial Average has been going sideways ever since the Commerce Department reported that retail sales in July came to a grinding halt (0.0%) in the […]

Half of Corporate America losing BILLIONS in Forex for no reason

Here’s the big irony for the markets.  As we explain in Splitting Pennies book, Forex is the largest market in the world and the least understood.  Corporate America certainly doesn’t understand Forex.  Well, according to this report, about 50% do: Forty-eight percent of nonfinancial companies listed on U.S. stock exchanges remained exposed to volatility in […]