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Interestingly, financial crises over the ages have often unfolded during autumn. Early economic thinkers pondered and debated the sources of instability and the root cause of recurring economic cycles. Even in relatively primitive economic systems, money and Credit played a leading role. I admit to finding “trade cycle” analysis intriguing. Even in a simple agrarian […]
[Reuters] Wall Street lower as oil prices slump [MarketWatch] Treasurys extend weeklong rally on Italy fears [CNBC] White House official: Trump could take a harder line on trade with China now that the Kim Jong Un summit is off [Reuters] Fed’s Powell: central banks must strive to enhance transparency on supervision [BloombergQ] Italian Banks a […]
This week we discuss the price movements of gold, silver, platinum, palladium, the US Dollar Index, the DOW, & more. Gold held its $1280s level and now has pushed back above $1300. The US Dollar Index today was unable to break above 94. Jerome Powell of the Federal Reserve speaks this Friday and there are […]
[CNBC] Dow falls 100 points after President Trump says North Korean summit is off [BloombergQ] Stocks Struggle as Trade Fears Linger; Euro Gains: Markets Wrap [Reuters] Tariff fears hit car shares, lira back on the rack [Reuters] Trump calls off meeting with North Korea’s Kim [Reuters] Nikkei drops to over 2-week lows as U.S probe […]
[BloombergQ] Stocks Fall, Bonds Gain as Risks Mount; Euro Drops: Markets Wrap [Reuters] Turkey’s lira tumbles 5 pct, plumbs new record lows [Reuters] Euro/Swiss franc at 2-month lows as Italy concerns weigh [GulfNews/Bloomberg] Turkey heads toward a currency crisis as lira goes into free fall [Reuters] U.S.-China trade deal ‘too hard to get done,’ Trump […]
Gold price is irrelevant – It’s independence from a collapsing system that matters Warren Buffet: If interest rates rise asset prices fall Implications of being a captive in the closed cashless system The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “We’re talking about volatility. I don’t even care what the ultimate price […]
[Reuters] Stocks rise as U.S.-China trade talks advance [BloombergQ] Oil Rises as Venezuela Sanctions Stoke Crude Supply Risk Concern [BloombergQ] Italy a Submerging Market as Borrowing Costs Exceed Indonesia’s [BloombergQ] Mnuchin Updates Trump on Concerns Over China Investments in U.S. [BloombergQ] Trump Retreats From China Tariffs Amid White House Trade Discord [Reuters] U.S. slaps heavy […]
[Reuters] Stocks rally after Mnuchin says Sino-U.S. trade war ‘on hold’ [BloombergQ] Italian Assets Slump Again as Ripples Spread Across Europe [Reuters] Italian bonds sell off as 5-Star, League inch toward government [BloombergQ] Lira Leads Selloff as Dollar Hits Every Emerging-Market Currency [CNBC] Mnuchin: We’ve made ‘very meaningful progress’ with China on trade issues [BloombergQ] […]
