Tag Archives: Daily Market Update

– Gold outperforming stocks in 2018 and this century (see chart) – Gold up close to 2% in 2018 while S&P 500 is down 2%– Trump trade wars and Kudlow as Trump chief economic advisor is gold bullish – Given gold’s performance, Kudlow’s dismissal of gold as “end of the world insurance” is “irrational”– Market volatility could drive gold to $1,500/oz in 2018 – Holmes Editor: Mark O’Byrne In a January post, I showed how...

Jamie Dimon Warns Of Potential ‘Market Panic’ – JPMorgan Chase CEO Jamie Dimon sees ‘chance of market panic’ – In annual letter to shareholders Dimon warns of increased inflation and interest rates – Concerned QE unwinding could cause chaos as ‘markets will get more volatile’ – Hard to look at the last 20 years in America “and not think that it has been getting increasingly worse.” – Positive about US economy over next...

Silver Bullion: Should We Be Worried About Silver? – Bloomberg’s Mike McGlone silver “set to test the $18 an ounce resistance level” – LBMA report: volume of silver ounces transferred in February fell by 24% – Standard Chartered: gold-silver ratio and supply/demand fundamentals favour silver – Gold/silver ratio at near two-year high on silver’s underperformance – Silver COT reports remain more bullish than at any time...

Brexit, Stagflation Pressures UK High Street – UK high street and wider consumer market feeling effects of financial crisis, Brexit and inflation – 350,000 retails jobs expected to disappear between 2016 and 2020 – Centre for Retail Research predicts 9,500 shops to close this year and 10,200 in 2019 – UK is ‘worst performing’ European market for new car registrations – Moody’s – UK’s growth outlook is the ‘worst in...

Gold Is Money While Currencies Today Are “IOU Nothings” Now that the international monetary system we have long known has broken down, and the world is groping through monetary reform for a new one, it is time to consider some fundamentals. - Click to enlarge What is money anyway? First, it is a means of payment or medium of exchange. I prefer that first phrase. It is simpler. We all use money to pay our bills,...

Gold Outperforms Stocks In Q1, 2018 – Gold signs off Q1 2018 with best run since 2011 – Gold price supported by safe haven demand, interest-rate concerns and inflation – Trade wars and concerns over equity market have sent investors towards gold – ETF holdings highest in nearly a decade – Goldman Sachs: ‘The dislocation between the gold prices and U.S. rates is here to stay’ Gold ended March with it’s best performance...

“Stars Are Slowly Aligning For Gold” – Frisby – Gold ends March with a third-quarterly gain, a feat not seen since 2011 – Impressive gains seen despite tightening of monetary policy from Federal Reserve – Frisby – gold is set to break through technical resistance of $1,360 – Gold’s safe haven role back in focus with Trump trade wars and increasing geopolitical tensions – Now is opportune time for investors to buy gold,...

– US needs to borrow almost $300 billion this week alone – This is the largest debt issuance since 2008 financial crisis – Trump threatens trade war with its biggest creditor – China – Bond auctions have seen weak demand due to large supply and trade war concerns – $20 trillion mark reached in early September 2017; $1 trillion added in just 6 months – US total national debt level now exceeds $21.05 trillion and is...

– Eurozone threatened by trade wars, Italy and major political and economic instability – Trade war holds a clear and present danger to stability and economic prospects – Italy represents major source of potential disruption for the currency union – Financial markets fail to reflect the “eurozone time-bomb” in Italy – Financial volatility concerns in Brussels & warning of ‘sharp correction’ on horizon – Euro and...

– Silver Futures Report, JP Morgan Record Silver Bullion Holding Is Extremely Bullish– JP Morgan Continues Adding To Massive Silver Bullion Holdings (see chart)– Silver Speculators Go Short – Which Is Extremely Bullish– Stunning Silver COT Report: One For the Ages (see chart) The silver futures Commitment of Traders (COT) report released last Friday was extremely positive and has most silver analysts calling for higher...