Inflation expectations now exceed the Fed's target. The 10-year US Treasury yield breached 2.5% on January 9 and hasn'tContinue...Read More
GoldSilver produced a lot of educational material in 2017. We sincerely hope you find our ongoing educational efforts useful as an investor. Mike prides himself on being the industry leader on education.We noticed, however, that some of our articles seemed to be not just educational but also, well, fun to read. Talking about economics and debt and monetary history is good, of course, but having a...Read More
Continuing this research, we have focused our current effort on the Transportation Index, the US Majors and the Metals Markets. The Transportation Index has seen an extensive rally (+19.85%) originating near November 2017. This incredible upside move correlates with renewed US Tax policies and Economic increases that are sure to drive the US Equity market higher throughout 2018.In theory, the...Read More
"No. I'm not a racist. I'm the least racist person you have ever interviewed."Continue...Read More
Ford says it will spend $11 billion producing electric vehicles by 2022. One dubbed the "Mach 1" will be ready in 2020.Continue...Read More
As part of a broad strategy to influence U.S. institutions, China tries to shape the discussion at American universitiesContinue...Read More
That was fun. Since mid-December gold has behaved like a tech stock, jumping from $1,240/oz to $1,337 and carrying a long list of gold mining stocks along for the ride. Now everybody’s asking the same question: Is this finally the start of the long-overdue run at gold’s (and silver’s) 2011 record high, or just a case of futures speculators once again panic-buying themselves into...Read More
The first two weeks of 2018 have been quite eventful for the cryptocurrency community. There have been a great many developments in terms of the regulatory environment. Also, a new scaling solution for the second biggest coin by market cap may be leading to its meteoric rise over the past year.Increased legislation and regulationOne likely reason why crypto, in general, has been pumping lately...Read More
David Collum says stocks are 100% overvalued and will fall significantly. There are many metastable situations in the economy that can't survive for much longer. For instance, the stock market has the appearance of stability, but is just waiting to crash. The hedge for a little inflation is usually stocks. The hedge for a lot of inflation is usually gold. If there is a loss of dominance for the Do...Read More
DUBAI, Jan 14 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Dollar hits three-year low vs euro; Wall St hits new highs * MIDEAST STOCKS-Gulf stocks firm on oil, Qatar gains for sixth straight day * Oil adds to rally, heads for fourth wee...Read More
By Hadeel Al SayeghDUBAI, Jan 14 (Reuters) - Qatari company Baladna, which is creating a dairy industry in the desert to help the country withstand a boycott by other Arab states, plans an initial public offer of its shares in the next few months and aims to move into other farming sectors."In partnership with a group of businessmen and local citizens, Baladna plans to launch its IPO in the f...Read More
(Adds background)By Steve HollandPALM BEACH, Florida, Jan 13 (Reuters) - President Donald Trump was briefed on Saturday by U.S. trade envoy Robert Lighthizer on U.S. trade with China and talks on revising the North American Free Trade Agreement with Canada and Mexico, a White House spokeswoman said, as the administrationconsiders several new tariff moves in coming weeks.The meeting comes as Trump...Read More
MILAN, Jan 13 (Reuters) - Italian fashion house Versace is in "no rush" to list on the stock market, its Chief Executive told Reuters on Saturday.The brand, famous for its Medusa head logo, has been considering a listing, after U.S. private equity Blackstone bought a 20 percent stake in 2014 to fund its overseas expansion.The Versace family holds the rest of the company, and Donatella, s...Read More
(Adds total investment, background)By Ehab FaroukCAIRO, Jan 13 (Reuters) - Egypt has revised up its economic growth forecast for fiscal 2017-18 that began in July to 5.3 to 5.5 percent from 4.8 percent previously, the planning minister said on Saturday.Hala al-Saeed said gross domestic product was expected to have grown 5.2 to 5.3 percent in the second quarter that ended in December, adding that...Read More
* IDFC Bank seeks retail lending boost with Capital First buy* IDFC Bank to offer 139 shares for every 10 held in Capital First* Deal at a premium to Capital First's Friday closing price (Adds details, calculated deal value)By Devidutta Tripathy and Suvashree ChoudhuryMUMBAI, Jan 13 (Reuters) - IDFC Bank Ltd , one of India's two newest banks, will acquire non-bank financial firm Capital First Ltd...Read More
MUMBAI, Jan 13 (Reuters) - IDFC Bank Ltd , one of India's two newest banks, said on Saturday its board has approved a takeover of non-bank financial firm Capital First Ltd in a share swap deal.Shareholders in Capital First will receive 139 shares of the bank for every 10 shares held, the lender said in a stock exchange filing. The deal is conditional on central bank and other regulatory approvals....Read More
(Repeats to additional subscribers)MUMBAI, Jan 13 (Reuters) - India's Housing Development Finance Corp Ltd plans to raise about 111 billion rupees ($1.75 billion) from a preferential share sale to investors including affiliates of Singapore state investor GIC and private equity KKR & Co. LP .A committee of directors of the mortgage lender on Saturday approved selling 64.3 million shares at 17...Read More
MUMBAI, Jan 13 (Reuters) - India's Housing Development Finance Corp Ltd plans to raise about 111 billion rupees ($1.75 billion) from a preferential share sale to investors including affiliates of Singapore state investor GIC and private equity KKR & Co. LP .A committee of directors of the mortgage lender on Saturday approved selling 64.3 million shares at 1726.05 rupees a piece to the investor...Read More
JAKARTA, Jan 13 (Reuters) - Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system. Bank Indonesia (BI) has previously said that cryptocurrencies were not recognized as a legal medium of exchange, so that they could not be used as a means of p...Read More
Investor expectations increase for Fed rate hike in MarchRetail sales data indicate robust holiday-shopping seasonSteven Ricchiuto, of Mizuho Securities, discusses U.S. inflation unexpectedly accelerating in December.The underlying pace of U.S. inflation unexpectedly accelerated in December amid increased housing costs, reinforcing the outlook for the Federal Reserve to raise interest rates severa...Read More