Silver as an investment

Category Archives: Consumer Confidence

Global Stocks Rise, Copper Soars In Thin Holiday Volumes

European stocks are steady in post-Christmas trading if struggling for traction after a mixed session in Asia, amid trading thinned by a holiday-shortened week and ongoing worries about the tech sector; however a strong rally in commodities – including copper and oil – buoyed expectations for a strong 2018 and helped offset concerns over the […]

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System – Christmas film serves as reminder that savings are not guaranteed protection by banks– Savers are today more exposed to banking risks than ever before– Gold and silver investment reduce exposure to counterparty risks seen in financial system– Basket […]

Key Events In The Last Week Before Christmas

It might be the last full week before Christmas – with both newsflow and trading volumes set to slide substantially – but there’s still a few interesting events and data releases to look forward to next week. Among the relatively sparse data releases schedule, we get US GDP, core PCE, housing and durable goods orders […]

Bank Of America: “This Is The First Sign That A Bubble Has Arrived”

Lately, fund flow data has all the credibility of a NYT presidential poll two days before the Trump defeats Hillary.  On one hand, you have Lipper reporting that investors pulled $16.2bn from U.S.-based equity funds in the past week, the largest withdrawals since December 2016. The same Lipper also reported that taxable-bond mutual funds and […]

Gold Shorts Plunge To 5-Year Lows

Despite the record highs in stocks (and consumer confidence), a 'resurgent' economy, tax reforms, rate-hikes, and deregulation; traders are adamantly opposed to shorting precious metals… As Bloomberg points out, hedge funds and other large speculators pared their bearish position on bullion futures and options to a five-year low last week, driven in part by looming […]

In The Past 50 Years, Americans Have Seldom Been ‘More Confident’ Than Today

The Conference Board's survey of Americans' Consumer Confidence surged to its highest since November 2000 in November, with both current and furture expectations spiking. In th epast 50 years, Americans have – apparently – seldom been more confident than they are now… Does that sound right? Additionally, confidence in a soaring stock market is back […]

“I Was Expecting Many More People”: Black Friday Tumbles To 3rd Spot In Busiest Shopping Days Of The Year

It has been an odd year for retail: with an estimated 6,000 store closures, and 65,000 fewer retail jobs than at the start of the year, many have said shorting retail, and especially malls, is the next “big short” trade. Indeed, one look at the performance of the mall heavy CMBX 6 BBB- tranche confirms […]

Gresham’s Law

Authored by Ted Rivelle via, This year’s Nobel prize in economics was awarded to Richard Thaler, a pioneer of behavioral economics. But there is a tale told by a lesser known Nobel laureate, Kenneth Arrow. As a World War II weather officer, he was tasked with analyzing the reliability of the army’s long-range weather […]

Consumer Confidence Unexpectedly Drops On Inflation, Rate-Hike Fears

UMich consumer sentiment declined from 100.7 to 97.8 in the preliminary November print, disappointing expectations of a small rise as anticipation of a pickup in inflation and higher interest rates weighed on the gauge. Even with the decline, sentiment was the second-highest since January, reinforcing other reports that Americans remain optimistic about employment and the […]

US Futures Rebound After Disappointing Chinese, European Data

Yesterday’s sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb. The […]