Silver as an investment

Category Archives: Australia

Key Events In The Coming Week: FOMC Minutes, GDP, BOC, OPEC And More

The key highlights in the coming week are the Fed minutes, the Eurogroup meeting on Greece, the OPEC meeting and Bank of Canada rate decision. We also get GDP releases in the US, Eurozone, and UK, while a murder (or gaggle) of Fed speaker will highlight virtually every single day, starting with 4 today. Also […]

An Epic Trading Take From Norway

Authored by Kevin Muir via The Macro Tourist blog, We all know Buffett’s line about sitting around the poker table, but too often, we fail to apply it in our day to day trading or investing. It’s easy to fall for the latest story sweeping Wall Street without thinking about the next move, or who […]

China Iron Ore Prices Crash Through Key Support To 6-Month Lows

After a few short days of respite – suggested by some as indicative that the worst is over – China commodities are crashing again tonight with Dalian Iron ore snapping below 460 to its lowest since before Trump's election…   This has erased the entire post-Trump reflation trade hope… The commodity has sunk on concern […]

Paul Craig Roberts: ‘Sauron’ Rules In Washington

Authored by Paul Craig Roberts, “The problem is that the world has listened to Americans for far too bloody long.” – Dr. Julian Osborne, from the 2000 film version of Nevil Shute’s 1957 book, On the Beach A reader asked why neoconservatives push toward nuclear war when there can be no winners. If all die, what […]

These Are The Most Expensive (And Best) Cities Around The World

Every year Deutsche Bank releases its fascinating index of real-time prices around the world which looks at the cost of goods and services from a purchase-price parity basis, to determine the most expensive – and in this year’s edition, best – cities. As have done on several occasions in the past, we traditionally focus on […]

Global Stocks Dip On Poor US Auto Sales, Apple Miss; Fed Decision On Deck

European, Asian stocks and S&P futures all fall as investors digested poor overnight news on Apple earnings and U.S. car sales, while the dollar rose in muted trading as investors contemplated chances of another rate hike next month ahead of today’s Federal Reserve statement. Europe’s Stoxx 600 fell from a 20 month high as traders […]

Former Facebook Exec: “They’re Lying Through Their Teeth”

Authored by Antonio Garcia-Martinez (former Facebook product manager), author of Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley, originally posted at The Guardian, For two years I was charged with turning Facebook data into money, by any legal means. If you browse the internet or buy items in physical stores, and then see […]

Global Stocks Hit All Time High As Fed Meeting Begins

With the Fed set to begin its latest 2-day meeting (no rate hike is expected), S&P futures are little changed with European and Asian stocks higher after the VIX dropped to a 10 year low and the Nasdaq rose to record highs, sending the MSCI All-Country Index back to all time highs, as global markets […]

“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing In 2017

        “Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”         – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar […]