Currency
Currency Articles
The move up and the sudden move down in gold today has been almost impossible to ignore. Gold was up more than $15.00 above $1,681.00 today, but now gold is DOWN over $20.00 and back under...
Published:
The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward being a...
Published:
Last Updated:
The Japanese Yen took a breather today on some similar news that we saw last week regarding intervention. The Nikkei News reported this afternoon that Japan was about to intervene to keep from...
Published:
The odds that the U.S. will default on its debt on or after August 2 increase each day. Some credit analysts believe the odds are in favor of insolvency. In the event of default, credit rating...
Published:
Last Updated:
As the politicians in America play chicken with our prized Triple-A debt rating and as Europe is succumbing to its PIIGS, gold has eclipsed $1600 per ounce and now it has helped to pull silver back...
Published:
Bonds should be a part of almost all portfolios through time, particularly for those getting more elevated in age who need safety. It is no secret that U.S. bond yields are just dismal regardless...
Published:
The ratings agencies may have been totally off the mark ahead of the mortgage crisis that helped to wreck our economy, but do not think for a second that they are not still a force that can move...
Published:
The European Banking Authority has published the results of its 2011 stress test of 90 banks in 21 countries in the Euro-area. While the aim is “to assess the resilience of the banks involved in...
Published:
Last Updated:
At the end of 2010, US ETFs held assets of $1.005 trillion. By the end of 2015 that number will more than double to $2.091 trillion. That’s a compound annual growth rate of 15.8%, which is lower...
Published:
Last Updated:
You have witnessed the carnage spreading in Europe of late, nothing new there. But what is new is the increasing extreme reading that has been building in “the ultimate safety trade.” Not U.S....
Published:
Last Updated:
The price of gold topped 1,100 euros/ounce yesterday, its highest point ever against the single currency. The yellow metal is also threatening its US dollar peak, having risen to more than...
Published:
Last Updated:
You have been reading all year that China has been hitting the brakes to curb inflation and to fight an overheating economy. They are at it again. Now the People’s Bank of China has raised its...
Published:
West Texas Intermediate Crude is bleeding today now that the IEA has made a coordinated release of 60 million barrels of oil. Half of that will come from the United States and the rest from almost...
Published:
Ben Bernanke and the FOMC have voted unanimously to keep effective Fed Funds rates at an effective target of 0.00% to 0.25% and the discount rate at 0.75%. What investors need to care about most...
Published:
The powerful senior Senator from New York State, Charles Schumer (D), has begun to revive legislation which would require China to no longer keep its currency, the yuan, artificiality low. There have...
Published: