Silver as an investment

Category Archives: OECD

Gavekal On The Coming Clash Of Empires: Russia’s Role As A Global Game-Changer

Submitted by Charles and Louis-Vincent Gave of Gavekal Research Carthago Est Delenda “Carthage must be destroyed”. Cato the elder would conclude his speeches in the Roman Senate with the admonition that salt should be spread on the ruins of Rome’s rival. Listening to the US media over these summer holidays from Grand Lake, Oklahoma, it […]

The Rise Of Zombie Companies (And Why It Matters)

Authored by Daniel Lacalle via The Mises Institute, The Bank of International Settlements (BIS) has warned again of the collateral damages of extremely loose monetary policy. One of the biggest threats is the rise of “zombie companies.” Since the “recovery” started, zombie firms have increased from 7.5% to 10.5%. In Europe, BofA estimates that about […]

WTI Jumps Above $50 On Report US Prepping Sanctions Against Venezuela Oil Industry

After both Brent and WTI rose above their respective 50DMAs on Friday, capping 2017’s best weekly rally for oil, the rising tide is accelerating as the latest CFTC COT data confirmed, when net specs boosted bullish Nymex WTI crude oil bets by 27K net-long positions to 423K, the highest in two months, as producers continued […]

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 […]

“When The Facts Change”- Oil’s Biggest Cheerleader Capitulates: Andy Hall’s Full Bearish Letter

After years of being oil’s biggest cheerleader, “oil god” Andy Hall, who starting with the OPEC Thanksgiving massacre in 2014 has had several abysmal years, in the process losing the bulk of his AUM, finally threw in the towel last week when in a July 3 letter to investors, he admitted that “the facts have changed” […]

We Need A Public Inquiry Into The Economics Profession

Authored by Ann Pettifor via RenegadeInc.com, Britain is preparing to leave the European Union with no real plan and a government in disarray, writes economist, Ann Pettifor. How can we trust economists at the Treasury not to impose more disastrous policies? If the British economy crashes as a result of Brexit, it will not vindicate […]

Draghi Confesses: Eurozone Needs ECB Cash

Whereas some members of the governing council of the European Central Bank were hinting the monetary policy would return back to ‘normal’ sooner rather than later, Mario Draghi, the president of the ECB, had a completely different opinion when he testified at the European Parliament. According to Draghi, all stimulus measures need to remain in […]

Futures Flat, Market Anxiety Eased By European Bank Rescue

European and Asian stocks, as well as S&P futures were little changed ahead of “Super Thursday’s” events which include the U.K. general election, Comey’s testimony and the ECB policy decision. That however may change following a Bloomberg news report that the ECB is set to cut inflation forecasts through 2019 due to weaker energy prices, […]

Key Events In The Coming Week: Thursday Turmoil Trifecta

This week will be all about rhe “Thursday Turmoil Trifecta” when the UK general election will be highlight of a busy week together with the ECB monetary policy meeting, while rounding off events in the US will be James Comey’s first public testimony since he was fired by Donald Trump in which he is expected […]

The Greatest Financial Bubble In History

Authored by James Rickard svia The Daily Reckoning blog, China is in the greatest financial bubble in history. Yet, calling China a bubble does not do justice to the situation. This story has been touched on periodically over the last year. China has multiple bubbles, and they’re all getting ready to burst. If you make […]