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Silver Flash in the Pan, Report 10 Jan, 2016
Submitted by Monetary Metals on 01/11/2016 01:17 -0500Many were excited on Thursday to see a spike in the silver price. We were not quite so exuberant, and in 13 hours the market took back the entire move and more.
Meanwhile In Shanghai Residents Form Lines To Sell Yuan, Buy Dollars
Submitted by Tyler Durden on 01/10/2016 16:27 -0500Ming Pao, the most influential Chinese newspaper in Hong Kong, reports that Shanghai residents are lining up at local banks to sell Yuan for Dollars over fears of even more Yuan devaluation.
"Catalonia Needs Its Own Central Bank": Spain's Black Swan Lives As New Catalan President Sworn In
Submitted by Tyler Durden on 01/10/2016 14:45 -0500“Are they really going to create their own tax authority and other state structures? Ignore the rhetoric and declarations, follow the actions.”
The “Hanging in There” Game for Oil Producers
Submitted by EconMatters on 01/10/2016 09:37 -0500In short, for oil prices to recover, US Production needs to drop to at the very least 6 million barrels per day for the market to rationalize in price.
US Responds To North Korean Nuke Test, Flies B-52 Over South Korea
Submitted by Tyler Durden on 01/10/2016 09:13 -0500On Sunday, Washington responded to Kim Jong-Un's nuclear sabre rattling by flying a B-52 over South Korea in a show of force that's sure to infuriate Pyongyang. Next up: Ash Carter may be set to send in an aircraft carrier.
Another Year, Another Greek Tragedy... Starting Next Week!
Submitted by Secular Investor on 01/10/2016 08:21 -0500Eurozone’s assumptions are way too positive...
Thousands Flood The Streets In Germany As Fury Over Refugee Sex Assaults Reaches Boiling Point
Submitted by Tyler Durden on 01/09/2016 23:48 -0500
Americans' Positive Perception Of NRA Soars As Obama Escalates Gun-Control Agenda
Submitted by Tyler Durden on 01/09/2016 11:30 -0500Love guns or hate guns, one thing is becoming perfectly clear. The American public’s perception of guns and the NRA is moving in the exact opposite direction of Barack Obama’s message and agenda.
Chinese Immigrant Turned Citizen Defies Obama Gun Grab: "I Will Never Be A Slave Again"
Submitted by Tyler Durden on 01/08/2016 22:00 -0500"I am a Chinese immigrant and an American citizen by choice. I once was a slave before and I will never be one again. I will always stand with my AR, no matter what my President signs with his pen."
Gold Higher In Most Currencies in 2015 - Up 4% This Week
Submitted by GoldCore on 01/08/2016 14:23 -0500The sole focus of gold in dollar terms and the 10% fall of gold priced in dollars has led to some negative comment about gold's annual fall, the "third year of losses."
Standoff in Texas Park!
Submitted by hedgeless_horseman on 01/08/2016 13:47 -0500Free Corzine!!! Hasn't he already served enough time?
Investment Banks Share the Same Trading Algo Code
Submitted by EconMatters on 01/08/2016 12:57 -0500We used to have notions of ‘proprietary programmed code’ but the Investment Banks learned that they could make their life a lot easier by working together instead of cross purposes.
The "Monsters" Unmasked: Cologne Police Admit "Most Of The Attackers Were Refugees"
Submitted by Tyler Durden on 01/07/2016 20:30 -0500While previously there was some ambiguity with regard to who actually perpetrated the attacks which allegedly unfolded in Cologne on New Year's Eve, authorities are now sure that "most" of those involved were "freshly traveled asylum seekers." From Die Welt: "Primarily it was the most Arab perpetrators to sexual offenses or, to put it from their point of view to their sexual amusement. A group of men circling a female victim, closes it and takes on the woman."
Natural Gas Prices Signaling Oil Bottom for Investors
Submitted by EconMatters on 01/07/2016 20:08 -0500We accurately called the bottom in natural gas prices, we will see how close we are in the oil markets.
