An acceleration in US wage growth is reinforcing the Federal Reserve's view that inflation is poised to rebound and could lead the central bank to raise rates more this year than many investors expect. Investors had been doubting the Fed's resolve to raise interest rates, betting on fewer increases this year. But signs of strength in the US economy is changing that view. – Irish Inde...Read More
Obama's Legacy … Has the President met the expectations set in 2004? As President Barack Obama begins his final year in office, he is left with two objectives: solidify and promote his past successes as cornerstones of his legacy and at the same time make progress on a few remaining initiatives, even though the Republican-controlled Congress has little interest in working with him on any...Read More
An acceleration in US wage growth is reinforcing the Federal Reserve's view that inflation is poised to rebound and could lead the central bank to raise rates more this year than many investors expect. Investors had been doubting the Fed's resolve to raise interest rates, betting on fewer increases this year. But signs of strength in the US economy is changing that view. – Irish Inde...Read More
Obama's Legacy … Has the President met the expectations set in 2004? As President Barack Obama begins his final year in office, he is left with two objectives: solidify and promote his past successes as cornerstones of his legacy and at the same time make progress on a few remaining initiatives, even though the Republican-controlled Congress has little interest in working with him on any...Read More
Louis James "Tequila" feat. Lupillo Rivera disponible ya: http://bit.ly/1mQCBR0http://vevo.ly/RWhm4lRead More
TEQUILA (c)Lupillo Rivera - Tequila Ft Louis James (2016)SUSCRIBETE: YO AMO LA BANDARead More
Louis James "Tequila" feat. Lupillo Rivera disponible ya: http://bit.ly/1mQCBR0http://vevo.ly/RWhm4lRead More
National Alliance Securities Global Strategist Andy Brenner and Euro Pacific Capital Chief Global Strategist Peter Schiff on the markets, commodities and the U.S. economy.Read More
Christiane F., Wir Kinder vom Bahnhof Zoo (1981)Leni - Crystal CastlesRead More
Call of Duty (R): Black Ops IIIhttps://store.playstation.com/#!/en-u...Read More
Miners ending their shift at the Virginia-Pocahontas Coal Company Mine #4 near Richlands, Virginia in 1974. Wearing a red hard hat meant you were new on the job.While the official US payroll numbers released on Friday showing an increase of 292,000 jobs in December came in way above expectations, the mining industry suffered its 12th consecutive month of employment decline.According to the Bureau...Read More
Image: Everett Collection | Shuttersock.comLow commodity prices will continue to be one of the main drivers of political risk for investors this year in major producing countries across Africa and Latin America, a new report suggests.According to the 2016 Political Risk Outlook, released Friday by Verisk Maplecroft, there will be little respite for investors from the political instability, civil u...Read More
Lundin Mining is developing a new nickel deposit that could extend the life of its Eagle nickel and copper mine in Michigan's Upper Peninsula that ramped up to full production in 2015 and is expected to see output gradually decline from this year on, according to an official with the Canadian company."We're aggressively drilling Eagle East, a new deposit, and that's looking quite promising," the o...Read More
Courtesy of: Visual CapitalistTHE FIRST FOUR TRADING DAYS SHOW OPTIMISM FOR 2016 IS IN SHORT SUPPLY.The Chart of the Week is a weekly Visual Capitalist feature on Fridays.In our review of the economic events of 2015, we noted that the simple turning of a calendar page does not rectify the problems of the previous year.The first week of trading on major exchanges has made this even more clear.CHINA...Read More
Former money-market trader Paul Thompson was at his well kept brick-and-tile Dalkeith home, a couple of blocks from Perth's Swan River, last Thursday when Australian Federal Police officers came to arrest him. The October 22 arrest was not a complete surprise, nor was it entirely unexpected. Thompson didn't know an arrest warrant had been issued and he wasn't told police were on their...Read More
Former money-market trader Paul Thompson was at his well kept brick-and-tile Dalkeith home, a couple of blocks from Perth's Swan River, last Thursday when Australian Federal Police officers came to arrest him. The October 22 arrest was not a complete surprise, nor was it entirely unexpected. Thompson didn't know an arrest warrant had been issued and he wasn't told police were on their...Read More
The world's number five diversified mining company, Anglo American announced a "radical portfolio restructuring" a month ago. The company with roots going back more than a hundred years to South Africa's gold and diamond fields said it would cut around 85,000 employees, almost two-thirds of its workforce.London-listed Anglo also said it's reducing the number of mines it operates from 55 to the "l...Read More
Fears of a Chinese currency devaluation stalks the copper marketIt's been a brutal new year for copper with March futures in New York losing as much as 4.7% to dip below $2.00 a pound on Thursday before recovering slightly in early afternoon trade. That was the lowest since March 2009 and the fall comes on the back of a 26% decline in 2015. The metal traded below the $2-level only for a brief seve...Read More
Sukari gold mine, located 700 km from Cairo. (Image courtesy of Centamin)Toronto and London-listed gold miner Centamin (TSX:CEE) (LON:CEY) said Thursday it expects 2016 production from its main Sukari gold mine in Egypt to increase by 7% to 470,000 ounces, as it continues to ramp-up production in expanded areas of the mine.The company, which also aims to reduce all-in-sustaining costs at the opera...Read More