Silver as an investment

Category Archives: ecb

Macron And Le Pen Move To The 2nd Round: What Happens Next, According To Goldman And Citi / by Tyler Durden / Apr 23, 2017 5:11 PM Most of the results are in, and while it remains close, Macron will likely be the winner of the first French presidential round and is set to face Marine Le Pen in the runoff. What does that mean for various asset markets and the bigger macro picture?  […]

We’re All Yen Traders Now

Authored by Kevin Muir via The Macro Tourist blog, Today’s post will have no answers. I am not sure anyone truly understands the strange day to day squiggles of the increasingly intertwined global financial system, but I wanted to highlight a relationship that cannot simply be monkeys typing Shakespeare. Let’s start with the market developments […]

Softening Eurozone Inflation and Gold / ARKADIUSZ SIEROŃ / APRIL 5, 2017 The inflation rate in the euro area fell in March. What does it mean for the gold market? Euro area annual overall inflation is expected to be 1.5 percent in March. It means a decline from 2 percent in the previous month, as one can see in the chart […]

Spain’s Most Italian Bank Still “Solvent,” Claims Finance Minister / by Don Quijones / Apr 4, 2017 It just doesn’t let up with this bank. The future continues to look bleak for Spain’s most Italian bank, Banco Popular, which ironically once bore the slogan “Our Past and Our Present Guarantee Our Future.” Things have gotten so bad that when the country’s Minister of Finance Luis de […]

Breslow: “The Pain Trades Are Giving Traders Headaches”

Richard Breslow, former fund manager who currently writes for Bloomberg, starts of the week with a recap of how traders are reacting to the so-called key pain trades, and refuse to accept a shift in sentiment when it comes to the “dovish yet hawkish” Fed or the “hawkish yet dovish” ECB. The Pain Trades Are […]

Frothy and Anti-Frothy / By Andrew Hoffman / Mar 30, 2017 I just got home, just as the markets were closing with LOL, gold at exactly its 200 week moving average of $1,252/oz; and silver, at $18.20/oz a mere $0.10/oz from its own.  Trust me, the Cartel is not happy; as after yesterday’s farce of a “12:00 cap of […]

PiMBEEB-A-LOOZA / by Andrew Hoffman / Mar 23, 2017 This is the first week I can remember, in which every day, I awoke to so many “horrible headlines,” I couldn’t determine which to focus on.  Which is why, articles like yesterday’s “all out political, economic, and financial war” have been commonplace; in which, I comment on myriad […]

UBS charges customers to deposit euros / From the British Broadcasting Corp., London / Wednesday, March 22, 2017 Swiss bank UBS will start charging customers who deposit more than a million euros, as negative interest rates hit banks’ profits. The annual 0.6 percent charge will take affect from May. UBS already imposes charges for large accounts held in Swiss francs by companies […]

Will Thursday’s Final TLTRO Finally Spark Carry Trades? / By Nick Kounis of ABN Amro / Mar 23, 2017 Euro Rates Watch – Will the TLTRO spark carry trades? The last of the ECB’s TLTRO-II operations is expected to have a big take up, with the market expecting EUR 125bn, and some forecasts as high as EUR 300bn From a rates perspective, what matters […]

Let’s Have a Look at the Great Bull Market of 2017 / Dr. Fly / Mar 20, 2017 4:02pm EST We’ve definitely run into some resistance as of late. Part of the recent reticence in stocks is due to the Nov-Dec rally, post election, which caught everyone off guard. Now we’re digesting recent gains, sitting around doing nothing, while Mother Market decides where to take us next. […]