Silver as an investment

Category Archives: Yen

Gold and Silver Market Morning: June 23 2017 – Gold rising above $1,250!

news.goldseek.com / Julian D.W. Phillips / 23 June 2017 Gold Today –New York closed at $1,249.40 yesterday after closing at $1,251.5 Wednesday. London opened at $1,254.00 today.  Overall the dollar was slightly weaker against global currencies, early today. Before London’s opening: –         The $: € was slightly weaker at $1.1145 after Wednesday’s $1.1155: €1. –         The Dollar index was weaker at 97.36 after Wednesday’s […]

Gold and Silver Market Morning: June 19 2017 – Gold stabilizing around $1,250!

news.goldseek.com / Julian D.W. Phillips / 19 June 2017 Gold Today –New York closed at $1,256.50 Friday after closing at$1,254.60 Thursday. London opened at $1,250.20 today.  Overall the dollar was slightly weaker against global currencies, early today. Before London’s opening: –         The $: € was slightly weaker at $1.1188 after Friday’s $1.1174: €1. –         The Dollar index was slightly weaker at 97.24 after Friday’s97.34. –         The Yen was […]

Bank Of Japan Leaves Policy, Economic Outlook Unchanged

As expected by all 43 economists who estimate such things, the Bank of Japan left their policy mix unchanged and in a desperate bid to appear modestly positive about how things are going, maintained that "Japan's economy has been turning toward a moderate expansion," adding that that consumer spending "increased its resilience." Hardly a rousing […]

Global Stocks Slide On Trump Probe Report, Fed Indigestion

Is it going to be another May 17, when US stocks tumbled as concerns of a Trump impeachment over obstruction of justice and impeachment surged ahead of Comey’s tetimony? Overnight, S&P500 futures accelerated their decline following yesterday’s WaPo report that Special Counsel Mueller has launched a probe into potential obstruction of justice by Trump… … […]

“FOMC Drift” In Full Effect As Global Stocks Rise; S&P Futures Hit New Record; Oil Slides

With last Friday’s “tech wreck” now a distant memory, this morning the “FOMC Drift” described yesterday, which “guarantees” higher stock prices and a lower dollar heading into the Fed announcement is in full effect, with European and Asian stocks rising for a second day, led by rebounding tech shares, while S&P futures are modestly 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, […]

Gold and Silver Market Morning: June 6 2017 – Gold poised to attack $1,300!

news.goldseek.com / Julian D.W. Phillips / 6 June 2017 Gold Today –New York closed at $1,279.60 yesterday after closing at$1,278.20 Friday. London opened at $1,289.50 today.  Overall the dollar was weaker against global currencies, early today. Before London’s opening: –         The $: € was slightly stronger at $1.1246 after yesterday’s $1.1264: €1. –         The Dollar index was slightly weaker at 96.73 after yesterday’s96.77. –         The Yen was stronger […]

Why trusting in the bigger picture gives you trust in gold

Trump pulls out of Paris Climate Accord Why trusting in the bigger picture gives you trust in gold Gold pauses ahead of non-farm payrolls data In Gold We Trust 2017 released Reports on the ‘Everything Bubble’ On average gold is up 5.88% ytd, since start of 2017. Trump ‘was the trigger of the sudden reverse […]

VIX Jumps As Yield Curve Dumps To 7-Month Lows

Macro data, the dollar, and the yield curve are 'breaking bad' so when does the Walter White market die?   Another day, another set of dismal data (with soft data's dump continuing)…   But The Nasdaq was bid (up for the 8th day in a row), because the real economy doesn't matter and buying safe-haven […]

Greek, Italian Risks Weigh On European, Global Markets; Oil, Gold Slide

Tuesday’s session started off on the back foot, with the Euro first sliding on Draghi’s dovish comments before Europarliament on Monday where he signaled no imminent change to ECB’s forward guidance coupled with a Bild report late on Monday according to which Greece was prepared to forego its next debt payment if not relief is […]