Silver as an investment

Category Archives: Futures Contract

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

ScotiaMocatta Put For Sale After Multibillion Money-Laundering Scandal

The world’s oldest gold trader is for sale after a massive money laundering scandal may have terminally crippled one of the most iconic names in the business. Canada’s Bank of Nova Scotia is exploring options for its gold business ScotiaMocatta, the Financial Times reported, which include a possible sale of Canada’s most popular precious metals […]

The Gold-Backed-Oil-Yuan Futures Contract Myth

On September 1, 2017, the Nikkei Asian Review published an article titled, “China sees new world order with oil benchmark backed by gold”, written by Damon Evans. Just below the headline in the introduction it states, “China is expected shortly to launch a crude oil futures contract priced in yuan and convertible into gold in […]

It Has Never Been Cheaper To Hedge A Market Crash Using This One Trade

In mid-August, at the height of the North Korea geopolitical turbulence, and amid uncertainty about the Fed balance sheet unwind, fears of a government shutdown and the US debt ceiling, as well as the fate of Trump tax reform and Obamacare repeal, when the VIX soared following a series of missile launches by Kim Jong […]

SocGen: “Global Earnings Are Back To 2014 Levels; Stocks Are 15% Higher”

Is it QE or is it earnings? With the Dow starting off the final quarter with a bang, surging to new all time highs alongside the S&P, few care what is prompting the latest surge in risk assets, which is a problem because as One River CIO Eric Peters noted yesterday, we have gotten to […]

Stocks Up, Bonds Up, Gold Up, & Dollar Down But ‘Middle-Class-Miracle’ Fades

Odd day. Low volume, small range in stocks. Good macro. Some questions over just how 'miraculous' Trump's tax plan will be for the middle-class… but the day's trend across FX, bond, and commodities was set early on when Asia closed and dollar-sellers, bond-buyers, and precious-metal-purchasers came back to play…   Risk is "Contained"…   Tech […]

Global Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen’s recent hawkish comments and renewed optimism over the health of the U.S. economy. While global stocks were mostly mixed as investors tried to […]

Blain: “The Bond Market Has Become A Series Of Crashes Followed By Rallies”

Submitted by Bill Blain of Mint Partners Blain’s Morning Porridge – Why Bond markets are going down and Markets have no memory “And everything around her is a silver pool of light, the people who surround her feel the benefit of it. It makes you calm…” Before delving into the collapse in global bonds on […]

De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

Authored by Tsvetana Paraskova via OilPrice.com, The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review reports. The […]

Precious Metals Outperform Markets In August – Gold +4%, Silver +5%

Precious Metals Outperform Markets In August – Gold +4%, Silver +5%  – All four precious metals outperform markets in August– Gold posts best month since January, up nearly 4%– Gold reaches highest price since US election, climbs due to uncertainty and safe haven demand– S&P 500 marginally higher; Euro Stoxx, Nikkei lower for month– Platinum is […]