JP Morgan, apart from being an active trader in precious metals futures, has been also aggressively accumulating gold and silver bullion this year. Look at the bank’s precious metals holdings at the COMEX: Interestingly, the bank has been particularly active
April 14, 2017
Written by Damian Davila (WiseBread.com) If you have children, you’re blessed with the opportunity of granting them the greatest gift any investor could want: time. Let’s take a look at some companies whose shares would make a great gift for your
More indications that the US economy is not doing anything like as well as the soft survey data would suggest has sparked a fresh round of selling in USDJPY. The data sent the Yen to its strongest level since just
Audible.com just released a new show on Bernie Madoff that explains how the world’s biggest financial scam was enabled by banks and hedge funds who were making so much money that they chose to ignore obvious red flags. Which sounds a
The get-no-respect gold-stock sector is in a strong young bull market. Past gold-stock bulls have grown to utterly-massive proportions before giving up their ghosts, greatly multiplying the wealth of contrarian investors and speculators. Today’s gold-stock bull is very likely to
Fundamental Forecast for the US Dollar: Neutral US Dollar sinks as risk aversion cools Fed rate hike bets Trump jawboning unlikely to have a lasting FX market impact Geopolitical fears may give way to signs of accommodation The US Dollar snapped a
In a widely expected move, the Bank of Canada kept its benchmark rate unchanged on Wednesday, saying that it was yet to receive evidence that the economy would stick its current growth path. The central bank said that it was
Written by Ben Carlson (awealthofcommonsense.com) When the dollar is strong, U.S. stocks tend to outperform international equities and, when the dollar is weak, international stocks tend to outperform. (This is all from the perspective of a U.S.-based investor. These relationships
On Thursday traders made it clear that they did not want to be long going into a three day weekend. Stocks sold off sending the S&P to the lowest level since March 27th. The small cap stocks continue to get
Top-tier US data was released on Good Friday. The data came out below expectations, but the dollar is only reacting in the most obvious place: USD/JPY. Dollar/yen often best reflects American indicators. Will other currency pairs react later on? US CPI
