Tag Archives: Mexico

Submitted by Michael Shedlock via MishTalk.com, For all the shock, horror, and aghast of global warm-ongers, comes a startling revelation: It’s Irrelevant if US Pulls Out of Paris Accord. Donald Trump has sent his clearest message yet about his plans for reshaping US policy on global warming by choosing a chief environmental regulator who has questioned the science of climate change. But leading experts say the...

Submitted by Ronan Manly, BullionStar.com News has just emerged in the gold market that the giant Swiss precious metals refiner Argor-Heraeus has held discussions to be acquired, and that the likely outcome is an acquisition by a private equity group. This private equity group is believed to be London-based WRM CapInvest, part of Zurich headquartered WRM Capital. Other interested buyers are also believed to have...

Submitted by Ronan Manly, BullionStar.com News has just emerged in the gold market that the giant Swiss precious metals refiner Argor-Heraeus has held discussions to be acquired, and that the likely outcome is an acquisition by a private equity group. This private equity group is believed to be London-based WRM CapInvest, part of Zurich headquartered WRM Capital. Other interested buyers are also believed to have...

Submitted by Ronan Manly, BullionStar.com News has just emerged in the gold market that the giant Swiss precious metals refiner Argor-Heraeus has held discussions to be acquired, and that the likely outcome is an acquisition by a private equity group. This private equity group is believed to be London-based WRM CapInvest, part of Zurich headquartered WRM Capital. Other interested buyers are also believed to have examined a bid for Argor-Heraeus, including Japanese refining group Asahi...

Submitted by Jan Skoyles via GoldCore.com, Introduction  Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’. Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society. The Presidential campaign has been dominated for months and again this week by the...

Swiss Franc Click to enlarge. FX Rates The first US Presidential debate may not sway many voters but has lifted the Mexican peso. The peso, which has fallen by about 1.3% over the past two sessions, has stormed by 1.5% today as the seemingly biggest winner of the debate. Snap polls immediately following the debate gave the edge to Clinton. FX Performance, September 27Source Dukascopy. Click to enlarge....

Summary: Net migration of Mexicans into the US has fallen for a decade. The surge in Mexican migration into the US followed on the heels of NAFTA. Although Trump has bounced in the polls, and some see this as negative for the peso, rising US interest rates and the slide in oil price are more important drivers. There has been much discussion in the US presidential campaign about immigration, especially from...

Submitted by Nicole Foss via The Automatic Earth blog, Part 1 Here. History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few. In the 1930s, gold was the escape route, so gold was confiscated. As Alan Greenspan wrote in 1966: In the absence of the gold...

The summer doldrums continue with another listless overnight session, not helpd by Japan markets which are closed for holiday, as Asian stocks fell fractionally, while European stocks rebounded as oil trimmed losses after the the IEA said pent-up demand would absorb record crude output (something they have said every single month). S&P futures have wiped out almost all of yesterday's losses and were up over 0.2% in early trading. Europe's Stoxx 600 rose 0.4%  with miners and energy...

EUR/CHF stronger in Brexit week The EUR/CHF finished the week after Brexit with slight improvement of 0.18% (see the FX performance table below). The scare mongering by the Swiss media was misplaced.  The euro even recovered from a dip after BoE governor Carney’s comments on Thursday. We do not see strong SNB interventions at this elevated price level. We judged that the interventions happened below 1.08. Click to...