More
About this week’s show: Have gold mining shares signaled a bottom? The last two paper manipulations have failed to slow gold’s rise Negative rates for all: The next Central Bank weapon The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “This is a period of time where you want to be cautious, because of […]
Crude has rallied about 5% off of last month’s low. The Brazilian real closed Friday at 3.90, having posted a decent rally from the January closing low of 4.16 to the dollar. Brazilian equities have bounced about 10%. This week saw Brazil’s currency rally 2.4%. In general, EM currencies and equities have somewhat stabilized, notably […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “What are the areas of your life that you want greater control over? As control is being ripped from your grasp, and as you are being herded into the cattle chute, the question is, where do you want autonomy, where do you want freedom, how […]
About this week’s show: Employing behavioral psychology to force you to spend Swedish Riksbank: charge penalties those who use cash The bosses are liquidating: high volume insider selling The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “What are the areas of your life that you want greater control over? As control is being […]
“Shock and awe” is not quite what it used to be. It still carries a punch, especially for traders long the Japanese yen or short EM and stocks. The yen surged 2% against the dollar (more vs. EM) Friday on the Bank of Japan’s (BOJ) surprising move to negative interest rates. BOJ Governor Haruhiko Kuroda […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Now we’re talking about nominal growth rates today of 2% plus/minus. They should not be raising rates unless they intend to recreate the 1937-1938 period where too much tightening too soon in the wrong context precipitated the 50% decline in equities. We may be experiencing […]
About this week’s show: We are entering into another debt default cycle Forcing people to spend by going to a cashless society China pumped 61 Billion dollars in a day into their financial system The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Now we’re talking about nominal growth rates today of 2% plus/minus. […]
A few Friday Bloomberg headlines: “Asian Stocks Jump by Most in Four Months on Stimulus Speculation;” “Japanese Stocks Surge by Most in Four Months as Bears Retreat;” “Hong Kong Dollar Jumps Most in 12 Years as Global Stocks Rally.” It was quite a week. Back in early December I posited that Mario Draghi had evolved […]
