Guess who: “CLAIMS” AND NONFARM PAYROLLS: It’s A Very “Tidy” Correlation Indeed: This wonderful chart, courtesy of TD Securities, shows how almost perfectly jobless claims and non?farm payrolls correlate, and so with “claims” falling as they have, payrolls today could be surprisingly high."
The European Commission has ordered 11 EU countries to enact the Bank Recovery and Resolution Directive (BRRD) within two months or be hauled before the EU Court of Justice, according to a report from Reuters on Friday.
JP Morgan’s massive silver buying brings to mind the Hunt Brothers' attempt to corner the silver market in the late 1970s. The Texas oil-tycoons tried to corner the silver market by accumulating a massive silver futures position. Ted Butler has estimated that JP Morgan may currently hold far more than their official figure of 55 million ounces.
‘BREXIT’ would cause the “most intense period of instability” since WW2 ... Seeks to portray Tory policy as disingenuous and cynically putting economy at risk ... Uncertainty caused would have negative consequences for British economy and sterling
Bronzeye identified a weakness in the two-step authentication process used by most banks and reported it to the FCA in July of last year. It identified one “large British bank”, the name of which was redacted in the documents, that had “22 critical vulnerabilities”.
Reuters Interview GoldCore. How has demand compared in different regions of Europe so far this year? p.s. Dislike term silver bug and gold bug. Pejorative and we don't call people stock roaches or paper bugs or dollar bugs : )
The attacks pose threats to our already under attack freedoms - freedom of the press, freedom of privacy, freedom of religion, freedom of conscience, freedom of speech, expression and thought. Unless as a race we change direction - the prospect for greater instability in the form of terrorism and war in the near future is very high ...
The ongoing slump in oil prices looks set to take their toll on London’s “super prime” property markets with attendant consequences for the rest of the London property market. Foreign money that had been flooding into the UK from a whole array of international sources and parking in London real estate is drying up.
The summer months frequently see seasonal weakness as has been the case in recent years and since gold became a traded market in 1971. Gold and silver often see periods of weakness in the summer doldrum months of May, June and July.
The stealth phenomenon that is silver stackers or long term store of value buyers of silver coins and bars continues and is seen in the record levels of demand for silver eagles from the U.S. Mint. Silver stackers are those who are more informed about the fundamentals of the silver market and are concerned regarding systemic and monetary risks ...
We are growing more concerned by the day by the actions of the central banks. It isn’t just that markets popped and dropped dramatically before and after Draghi’s rate cut, or that any policy seems particularly bad, just that the policies don’t seem to be working great, and are leaving a changed landscape that will need to be corrected, somehow, in the future. We are quite simply concerned that too much faith is being placed in untested theories that may or may not work, or may or may not even be correct.