Global markets start the week mixed with Asian stocks rising (Japan was closed for holiday), European stocks sliding, weighed down by declines in oil-and-gas shares and banks, and S&P500 futures also down. The dollar fell to a six-week low, falling four days in a row for the first time since early November as G20 leaders scrap a long-standing commitment to reject all forms of trade protectionism.
Since the day of Donald Trump's election, high-ranking Russian officials have been dropping like flies and today's reports that a top official of Russia's space agency has been found dead brings the total to eight.
Attempting to spend a nation to prosperity using borrowed money is not without consequences. In the short run, an illusion of wealth can be erected. In the long run, that illusion slips into decay and disrepair.
The Dutch elections on Wednesday have provided a whole bunch of Orwellian narratives... those who think they can see in the Dutch experience, a sign that Marine Le Pen’s chances in France’s presidential elections in April and May have dropped a lot, would appear to be delusional.
Gold constantly and universally awarded as top prize. Humanity recognises it as valuable and rare. Awarded to our heroes as early as 408 BC. If gambling, better to take a ‘punt’ on gold than the horses...
"If you want, we could open the way for 15,000 refugees that we don't send each month and blow the mind of Europe" Turkey's interior minister Soylu threatened Europe in a speech late Thursday. "Europe, do you have that kind of courage."
"...the 'left' has accepted the neoconservative line that those who advocate peace with Russia, other than on US imposed terms, are traitors to America, including the President of the United States... We have reached the point that no dissent from hating Russia is possible. This leaves war as the only option."
A Greek return address was on the envelope which exploded in Paris, Greece's public order minister said in Athens. "French authorities just informed us that it was mailed from Greece," Nikos Toskas told Ant1 Television.
"The Greek people have just about reached the limits of their strength...Bishop Ambrossios is urging people to revolt.. and rebellious citizens, will declare themselves against the entire political system, and take their fight not to the parliament but to the streets."
"We still have the rage. We sent the package to Germany's finance minister as part of the second act of Nemesis Plan," the militant Greek group Conspiracy of Fire Cells said in a statement on the internet. "Nothing is over, everything continues."
Gold’s biggest 1 day percentage gain since September 2016. Fade out Fed “jibber jabber.” Focus on still ultra low rates (see chart). Rising rates bullish for gold as seen in 1970s and 2003 to 2007 (see table)