Silver as an investment

Category Archives: Copper

Global Stocks Hit Another Record High, Ignore Slowing Chinese Trade

Following a sleepy overnight session, US futures are flat as are markets in Europe, while Asian stocks rose despite overnight trade data from China which unexpectedly missed across the board. As reported last night, Chinese export growth was the slowest since February while Import growth the weakest since Dec 2016, as both missed consensus estimtes. […]

China: Growth Despite North Korean Tensions?

Much to everyone’s surprise, China’s economy showed impressive growth numbers as the economic growth rate will very likely come in at 6.6% which is a bit higher than the official government estimates which were calling for a 6.5% growth rate (but lower than the historical growth rate). For 2018, the market seems to be expecting […]

“It’s Time For Markets To Catch On” – Central Bankers Warn ‘Investors Are Too Complacent’

Authored by Lena Komileva, originally posted at The Financial Times, The US Federal Reserve raised rates for the third time in six months in June, even though inflation had stayed below its 2 per cent target for much of the past decade. Why? The justification lies with the return to “economic normalisation” (a more normal […]

“This Is Like Free Money” Gundlach Bought S&P Puts At VIX Lows, Says “Gold Looks Cheap”

DoubleLine Capital's Jeffrey Gundlach tells Reuters that his firm bought some five-month put options on the S&P 500 a couple of days ago after VIX fell to lowest since December 1993. “This is like free money,” Jeffrey Gundlach said in phone interview with Reuters, noting that "we lost money the first day we put on […]

Gold- breaking above 6-year falling resistance

  Below looks at the ratio of Gold compared to the US Dollar over the past 20-years. The ratio reflects that some long-term trends have taken place and the ratio is making an attempt to do something it hasn’t been able to accomplish in 6-years.   CLICK ON CHART TO ENLARGE The ratio broke above […]

Dr.Copper’s False Hope – “We’ve Seen All This Before, Too Many Times”

Copper prices surged to the highest levels since May 2015 in the last few days, prompting the ubiquitous "must mean the economy is doing well" narrative from every hope-fuelled reflationist. There's just one problem, we’ve seen all this before too many times. The most recent spike in copper prices has been explained by the news […]

S&P Futures Bounce As VIX Hammered, Europe “Euphoric”

After sliding to 3 month lows on “car cartel” concerns yesterday, European stocks have rebounded after three days of declines, while oil extended gains after Saudi export cuts, with Brent rising above $49 and WTI just shy of $47. Asian stocks fell while S&P futures rose 0.2% to 2,473, putting yesterday’s GOOGL drop on plunging […]

North Korea Holds Public Executions At Schools And Markets For Prostitution, Stealing Electric Cables

As North Korea advances toward achieving its long-term goal of developing a nuclear-armed ICBM capable of reaching the US mainland (or at least Sarah Palin's home state), a host of defectors who've managed to escape from the isolated Communist state have gathered testimonies about the North’s human-rights abuses in hopes of "optically" pushing international diplomacy […]

Doc Copper working on multi-year breakout

Ole Doc Copper has had its head in the sand over the past 6-years, creating lower highs since 2011. Over the past three years it also has created another series of lower highs reflected in the chart below. Doc Copper could be attempting to do something it hasn’t for years in the chart below.   […]

Doc Copper working on multi-year breakout

Ole Doc Copper has had its head in the sand over the past 6-years, creating lower highs since 2011. Over the past three years it also has created another series of lower highs reflected in the chart below. Doc Copper could be attempting to do something it hasn’t for years in the chart below.   […]