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A Friday Bloomberg headline is a good place to begin this week’s CBB: “Emerging Market Currencies Tumble to Record Low in ‘Violent’ Selloff.” From Ye Xie’s Bloomberg article: “Emerging-market currencies are in free fall. An index of the major developing-nation currencies fell to an all-time low this week, extending its drop over the past year […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “I am fully aware that you can confuse conviction with craziness. I am adding to silver positions, I am adding to gold positions, and those do represent something of a cash position in my mind. I am aggressively adding to my shares. There is probably […]
About this week’s show: 2.7 billion in “paper gold” strategically dumped into quiet market Physical (real) gold demand increases as paper price drops China “reveals” gold reserves and hides the true, larger hoard The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “I am fully aware that you can confuse conviction with craziness. I […]
I’ve had similar feelings before, though I recall being less apprehensive. The years 1999 and 2007 are etched upon my mind. The bustling of automobiles and trucks on the roads. Crowded retailers. Full restaurants and airliners. Economic data supporting the bullish view that times are good. Ebullient markets that had grown content to disregard what […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “I am looking for the reliable. I am looking for the trustworthy. I am looking for the tried and tested and true, or the timeless. I am looking for the definitive measure of value, the bedrock of knowledge. I want a reference point that doesn’t […]
About this week’s show: China – Revolution is feared NYSE closes instantly & unexpectedly How do you value an asset? The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “I am looking for the reliable. I am looking for the trustworthy. I am looking for the tried and tested and true, or the […]
The Shanghai Composite rallied 10% this week, enjoying the “biggest two-day rebound since 2008.” Friday saw Germany’s DAX surge 2.9%. French, Spanish and Italian equities rallied about 3%. European periphery bond yields dropped (some). The S&P500 advanced 1.2%. It was, however, another rocky week for commodities. Global markets this week approached the edge – then […]
The Shanghai Composite rallied 10% this week, enjoying the “biggest two-day rebound since 2008.” Friday saw Germany’s DAX surge 2.9%. French, Spanish and Italian equities rallied about 3%. European periphery bond yields dropped (some). The S&P500 advanced 1.2%. It was, however, another rocky week for commodities. Global markets this week approached the edge – then […]
