25
Jul
2016

Gold In Bull Market – “Every Reason For It To Continue” – Frisby In Money Week

Gold is in a bull market for a number of reasons including political risk and there is “every reason for it to continue” according to Dominic Frisby writing in the UK’s best selling financial publication Money Week. Stockcharts.com via Money Week as seen in article He points out that “one of the reasons to own gold […]

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22
Jul
2016

Is Gold Set To Hit $1,500 Per Ounce?

Rising macroeconomic risks, low real interest rates, and a decline in the dollar versus emerging market currencies are major price catalysts for gold. Since hitting its high of over $1,900 an ounce in 2011 after a 12 year bull run, gold fell steadily until 2015 when it reached a low near $1,000. However, this year […]

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21
Jul
2016

Why Italy’s bank crisis could be a ‘ticking time bomb’

Just as the dust begins to settle on Brexit, Italy’s banking system looms as the next threat to global financial markets. Previous attempts to resolve Italy’s banking sector woes have proven to be less than effective. Non Performing Loans on the balance sheets of Italian banks represent over 8% of the total loan portfolios. However some […]

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20
Jul
2016

IMF Scraps Forecast for Global-Growth Pickup on Brexit Fallout

Following on from the Brexit vote last month the IMF have decided to re-evaluate their forecast for global growth. Bloomberg  reports that they have revised their original 3.2% forecast down to 3.1% for 2016 and from 3.5% to 3.4% for 2017. While these feel like very modest revisions ,the IMF would not be known for radical […]

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19
Jul
2016

Gold Holds Near Two-Week Low as Risk Appetite Rises on U.S. Data

Gold has consolidated near the low of the past two weeks following on from its Brexit rally. Having increased by 25% since the beginning of the year the pause in its rally comes as Barnabas Gan, an economist at Singapore-based Oversea-Chinese Banking Corp observes that “Market risk-on sentiment seems to have gone back” on the table, as reported […]

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18
Jul
2016

Gold, Trump and Rates: Bank That Foresaw Rally Flags $1,500

Financial Market Strategists are advising their clients to “buy gold on dips”. “Gold has seen four major bull markets since 1970: this is another one,” Benjamin Wong, foreign exchange strategist at the Singapore-based bank’s Chief Investment Office, said in an e-mail. “The market has yet to deal with the political uncertainty going into the Nov. 8 presidential […]

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15
Jul
2016

Gold Falls After Central Bank’s Surprise Move

The  gold price continued to fall overnight after the Bank of England, contrary to expectations, kept interest rates unchanged at yesterday’s meeting. The market had earlier priced in an over 80 percent chance of a 25-basis point cut in the July meeting, though some had reckoned that the BoE may prefer to wait till August when more […]

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14
Jul
2016

“We Are On the Cusp of an Explosion in the Silver Price” – John Embry

Not everybody is believing the positive spin being put on recent financial market data. In fact some would go as far as to say that it is “propaganda” being spread in the mainstream media in an election year for the US.  At least that is what John Embry concluded in a recent interview. For those […]

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13
Jul
2016

Stocks Rally – Is Brexit Systemic Risks Contained?

Equity markets globally have rebounded to their pre-Brexit levels and volatility in financial markets is the lowest that it has been for a month. Even the precious metals rally has taken a breather. Are the markets suggesting that the fallout from Brexit is less than previously thought and that the systemic risk posed by the […]

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12
Jul
2016

Britain has a new prime minister – here’s what that means for you

Theresa May is set to become the Prime Minister of Great Britain in the next few days. Will the new PM bring a degree of stability back to turbulent markets in a post-Brexit Britain or what does the future hold under a new Conservative leadership. MoneyWeek’s John Stepak takes a look at the implications for […]

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