Silver as an investment

Category Archives: S&P GSCI

“Sell Economic Ignorance, Buy Gold”

"We live in an age of advanced monetary surrealism…." is how Incrementum's Ronald-Peter Stoeferle and Mark J. Valek begin their latest epic tome on the precious metals market "In Gold We Trust."  In Q1 2017 alone, the largest central banks created the equivalent of almost USD 1,000 bn. worth of central bank money ex nihilo. […]

US Futures, Oil Flat As Greenback Rises Despite Mnuchin’s “Strong Dollar” Warning

US equity futures were flat, European stocks rose and Asia was mixed after the dollar posted a modest rebound overnight despite Mnuchin’s “strong dollar” comments, while oil was flat and gold fell, as investors focused on President Donald Trump’s plans to boost growth. The pound fell after a U.K. court ruled that Parliament must vote […]

Global Stocks Dip; Bond Yields, Dollar Rise After Yellen’s Rate Guidance; All Eyes On Draghi

After yesterday’s speech by Janet Yellen which signaled a path of steady interest rate increases and was perceived as hawkish, the dollar rebounded, Asian shares slipped and government bond yields jumped to multi-week highs on Thursday. European, Asian stocks and US equity futures all decline together with commodity metals while oil rises on the API […]

Futures Rise On Friday 13th Ahead Of Deluge Of Bank Earnings; Dollar Continues To Decline

European shares rose as Fiat rebounded on hopes concerns about parallel to Volkswagen are overblown, Asian stocks were little as Chinese shares fell to the lowest level of 2017 after poor export data, and U.S. equity-index futures rose ahead of a deluge of bank earnings. The dollar is headed for a weekly loss and gold […]

US Futures Flat Ahead Of December Payrolls; Dollar Rebounds

European shares fell modestly, Asian equities declined for the first day in three, and US equity futures were unchanged before the December U.S. nonfarm payrolls report. China’s offshore yuan fell the most in a year to pare a record weekly rally, while Mexico’s peso climbed after the central bank sold dollars. Oil was trading lower […]

Global Stocks Rise To 1.5 Year High After Chinese Intervention Halts Dollar Rally

Asian stocks rose, led by Hong Kong, while European shares and U.S. equity-index futures are little changed. Euro, yen climb as the dollar posted an unexpected loss following some serious fireworks out of China, which intervened in funding market to crush offshore Yuan shorts. Top news stories include Macy’s and Kohl’s cutting their outlook after […]

Global Stocks Rise, Dow Flirts With 20,000 As London Reopens; Oil In Longest Winning Streak In 7 Years

Global markets continued their levitation with the UK returning from vacation, pushing the MSCI Asia Pacific Index higher for the first time in seven days, while oil headed for the longest winning streak in almost seven years ahead of the promised OPEC production cut which is set to begin in just days. The USDJPY rose […]

Futures Unchanged In Thin Pre-Holiday Tape; Italian Bank Bailout Lifts European Shares

European stocks halted two days of declines, with the Stoxx 600 fractionally in the green and Italy’s bonds climbing after Monte Paschi requested a bailout and Italy pledged to provide support for its other ailing lenders. S&P futures were little changed among extremely thin volumes while Chinese stocks dropped amid concerns on higher borrowing costs. […]

Global Stocks, Yields, Dollar Fade In Muted Volume As Traders Close Out 2016 Books

Global markets begin the last full week of trading of the year in subdued fashion, with U.S. equity futures rising 0.1%, to 2,258.5, European shares decline halting two straight weeks of gains, and Asian shares hitting a four-week low. The Dollar extends losses, yen and gold rise amid geopolitical concerns as the fallout from China’s […]

Is The Industrial Metals Surge A Sign Of Growth In Economy, Market?

Via Dana Lyons' Tumblr, Industrial metals are attempting to break their relative downtrend versus precious metals; that has historically been good news for the economy and stocks. There are few better illustrations of the post-election trade, thus far, than the dichotomy between industrial metals and precious metals. The illustration is especially vivid when combining the […]