Middle East war involving Russia may badly impact energy dependent & fragile EU. Toxic combination due to growing anti-EU and anti-Euro sentiment in many EU nations
The latest silver COT reports have shown that Managed Money positions are net bearish, the most recent is for the seventh week in a row. Meanwhile an LBMA report this week shows that the volume of silver transferred in February fell by 24%. Whilst both of these suggest that the silver price might continue to resist further climbs, the contrarian perspective suggests otherwise. Analysis of past COT reports, previous gold/silver ratios and a close look at macro fundamentals should give investors (and those considering buying silver) reassurance that the silver price could be set to make some key moves.
The eponymous British High Street is on the verge of its biggest crisis since 2008. According to The Centre for Retail Research up to 200,000 retail jobs could be gone by 2020, this is in addition to the 150,000 that have disappeared since 2016. Many household chains are scrambling to negotiate with creditors in order to avoid collapse and total wipeout
Gold is set to end March with its best performance since 2011. Dominic Frisby looks at what has been keeping it from passing $1,360 and what opportunities there are for buyers.
$20T debt mark reached in September 2017 and another $1 trillion added in just 6 months. US national debt now exceeds $21.05 trillion and is accelerating higher which will propel gold higher (see chart)
Italy represents major source of potential disruption for the currency union. Financial volatility concerns in Brussels & warning of ‘sharp correction’ on horizon
London house prices falling at fastest pace since 2009 (see Bloomberg chart). Inflated prices make London property more exposed to economic and political shocks
