Jeff Gundlach Warns 10Y Yields Above 3% Will "Punish Markets", Would Mark End Of Bond Bull
Industrial Production Disappoints For 15th Straight Month - Longest Non-Recessionary Streak In 100 Years
Goldman Appoints Harvey Schwartz, David Solomon As Co-COO Replacements For Gary Cohn
Rex Tillerson: "Russian Spy" Or Diplomatic Genius?
PPI Comes In Hot: Core Producer Prices Jump Most Since 2014
Retail Sales Disappoint As Post-Trump Animal Spirits Fail To Appear
Dramatic Drone Footage Shows East Aleppo Devastation As Air Strikes, Shelling Return
Forget The Fed: For JPMorgan This Is The Biggest Catalyst Heading Into 2017
WTI Tumbles To $51 Handle After OPEC Warns Glut May Continue Longer Than Expected
Head Of US Pacific Fleet Ready To Confront Beijing As China Warns Of US Carmaker Penalty For "Monopolist Behavior"
Trump Formally Announces Choice Of Rick Perry As Energy Secretary
With All Eyes On The Fed, Stocks And Crude Slip, Bonds Rise
40 Electors Demand Russian Interference Briefing Before They Vote
What The Federal Reserve Will Do Today
2017 Will Be The Year Of Inflation
Anti-Trump Elector Chris Suprun Paid For Ashley Madison While Bankrupt And Married With 3 Kids
British Member Of Parliament Accuses Russia Of Manipulating Brexit Vote
House Passes Bill To "Microchip Citizens With 'Mental Disabilities'" - Who's Next?
There is circumstantial evidence that the Washington Post, the New York
Times, and the rest of the presstitute media are part of a conspiracy
with the oligarchs, the military/security complex, the Hillary
Democrats, and neoconized Republicans to shut down the dissident
Internet alternative media and to deny Donald Trump the presidency.Consider the brand new website PropOrNot and its fake news list of 200 Internet Russian agents. PropOrNot is a website hidden behind multiple screens as would be an offshore tax avoidance scheme. In other words, no known, responsible entity is behind the site, which has libeled 200 other websites, or if it is, it is too ashamed of what it is doing to be associated with it publicly.
Read More
by Wolf Richter, Wolf Street:
The Hot Money returns, bets on Oil Nirvana.
The costs of borrowing for the US government are jumping. On Monday, the US Treasury auctioned $34 billion of three-month bills at a discount rate of 0.53%, the highest since October 2008.
These short-term bills sell for less than face value and are redeemed at face value. The difference is the yield for investors. For a three-month bill with a face value of $10,000, the price was $9,986.60. Holding this bill for three months until redeemed will make investors $13.40 in yield. That’s an annualized rate of 0.538%.
Read More
The Hot Money returns, bets on Oil Nirvana.The costs of borrowing for the US government are jumping. On Monday, the US Treasury auctioned $34 billion of three-month bills at a discount rate of 0.53%, the highest since October 2008.
These short-term bills sell for less than face value and are redeemed at face value. The difference is the yield for investors. For a three-month bill with a face value of $10,000, the price was $9,986.60. Holding this bill for three months until redeemed will make investors $13.40 in yield. That’s an annualized rate of 0.538%.
Read More
by Dave Kranzler, Investment Research Dynamics:
I was chatting with a good friend who works at a pension fund. He said
that pensions are historically overweighted in stocks right now. But it
looks like the latest push higher in the stock market is coming from
hedge funds, who apparently missed a large portion of the “Trump rally.”
We determined that the best reason to invest in stocks for both
pension and hedge funds is “to avoid looking like an idiot.”
That’s it – that’s the “fundamental” justification for investing in stocks right now is because everyone else is and if your portfolio on Dec 31 is underweighted in stocks you’ll look like an idiot.
Read More
I was chatting with a good friend who works at a pension fund. He said
that pensions are historically overweighted in stocks right now. But it
looks like the latest push higher in the stock market is coming from
hedge funds, who apparently missed a large portion of the “Trump rally.”
We determined that the best reason to invest in stocks for both
pension and hedge funds is “to avoid looking like an idiot.”That’s it – that’s the “fundamental” justification for investing in stocks right now is because everyone else is and if your portfolio on Dec 31 is underweighted in stocks you’ll look like an idiot.
Read More
by Koos Jansen, BullionStar:
From the moment Donald J. Trump got elected as the next President of
the United States, on November 8, 2016, the price of gold tumbled 8 % in
the remainder of the month – from $1,282 USD/oz to $1,178 USD/oz.
Usually these cascades in the gold price go hand in hand with physical
sell-offs in the West and strong demand Asia. It appears November has
been no exception. The volume of physical gold withdrawn from
vaults of the Shanghai Gold Exchange (SGE) in November accounted for 215
tonnes, the highest amount in ten months. Year to date SGE withdrawals
have reached 1,774 tonnes.
There have been rumours in the gold space about the People’s Bank Of China (the PBOC) curbing gold import into the Chinese domestic market in response to capital flight. Although my sources have confirmed these rumours, Chinese gold import in November was still very strong at an estimated 140 tonnes. I don’t expect the PBOC will halt gold import all together.
Read More
From the moment Donald J. Trump got elected as the next President of
the United States, on November 8, 2016, the price of gold tumbled 8 % in
the remainder of the month – from $1,282 USD/oz to $1,178 USD/oz.
Usually these cascades in the gold price go hand in hand with physical
sell-offs in the West and strong demand Asia. It appears November has
been no exception. The volume of physical gold withdrawn from
vaults of the Shanghai Gold Exchange (SGE) in November accounted for 215
tonnes, the highest amount in ten months. Year to date SGE withdrawals
have reached 1,774 tonnes. There have been rumours in the gold space about the People’s Bank Of China (the PBOC) curbing gold import into the Chinese domestic market in response to capital flight. Although my sources have confirmed these rumours, Chinese gold import in November was still very strong at an estimated 140 tonnes. I don’t expect the PBOC will halt gold import all together.
Read More
CHINA’S
SGE WITHDRAWALS = DEMAND ROCKETS NORTHBOUND TO 215 TONNES FOR NOVEMBER
OR 53.5 TONNES PER WEEK (SO MUCH FOR IMPORT RESTRICTIONS/PREMIUM OF
SHANGHAI GOLD TO NY PRICING OVER 31.00 PER OZ/MOODY’S DOWNGRADES ITALIAN
BANKS/UNICREDIT FIRES 14,000 WORKERS AND THEN RESTRUCTURES/THE WAR FOR
ALEPPO IS OVER WITH ASSAD THE VICTOR (USA HAS EGG ON THEIR FACE)
from Harvey Organ:
It seems that Shanghai pricing is higher than the other two , (NY and
London). The spread has been occurring on a regular basis and thus I
expect to see arbitrage happening as investors buy the lower priced NY
gold and sell to China at the higher price. This should drain the comex.
Also why would mining companies hand in their gold to the comex and receive constantly lower prices. They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.
Read More @ Harveyorganblog.com
from Harvey Organ:
It seems that Shanghai pricing is higher than the other two , (NY and
London). The spread has been occurring on a regular basis and thus I
expect to see arbitrage happening as investors buy the lower priced NY
gold and sell to China at the higher price. This should drain the comex.Also why would mining companies hand in their gold to the comex and receive constantly lower prices. They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.
Read More @ Harveyorganblog.com
by Mike Shedlock, Mish Talk:
Global financial repression has picked up steam. Australian citizens are likely the next victim.
AU News reports Government Floats $100 Note Removal.
SAY goodbye to the $100 note.
Australia looks set to follow in the footsteps of Venezuela and India by abolishing the country’s highest-denomination banknote in a bid to crack down on the “black economy”.
Read More
Global financial repression has picked up steam. Australian citizens are likely the next victim.AU News reports Government Floats $100 Note Removal.
SAY goodbye to the $100 note.
Australia looks set to follow in the footsteps of Venezuela and India by abolishing the country’s highest-denomination banknote in a bid to crack down on the “black economy”.
Read More
by Nick Cunningham, Oil Price:
The major news out of Trumpland this week was his selection of
ExxonMobil CEO Rex Tillerson to lead the State Department. Tillerson has
sparked a bit of backlash, mainly revolving around his close
relationship with Russia and Russian President Vladimir Putin. Indeed,
ExxonMobil has some high-profile drilling projects at stake – Exxon
could presumably proceed with a major project in the Russian Arctic if
U.S. sanctions on Russia were removed, which should present some
conflicts of interest during Tillerson’s confirmation hearings.
Read More
The major news out of Trumpland this week was his selection of
ExxonMobil CEO Rex Tillerson to lead the State Department. Tillerson has
sparked a bit of backlash, mainly revolving around his close
relationship with Russia and Russian President Vladimir Putin. Indeed,
ExxonMobil has some high-profile drilling projects at stake – Exxon
could presumably proceed with a major project in the Russian Arctic if
U.S. sanctions on Russia were removed, which should present some
conflicts of interest during Tillerson’s confirmation hearings.Read More
by Robert Jonathan , naturalnews:
Two major clinical trials have reportedly reaffirmed the effectiveness
of psilocybin, a naturally occurring psychedelic found in 200 varieties
of mushrooms, in treating mental illness.
Earlier this year, researchers at London’s Imperial College found that after one week of high doses of psilocybin, twelve study participants no longer suffered with depression or self loathing. Eleven weeks later, five of them no longer had any lingering depression symptoms.
U.K. researchers had to go through a protracted amount of red tape to gain permission to administer the psilocybin capsules, however, given that magic mushrooms are illegal in most countries.
Read More
Two major clinical trials have reportedly reaffirmed the effectiveness
of psilocybin, a naturally occurring psychedelic found in 200 varieties
of mushrooms, in treating mental illness.Earlier this year, researchers at London’s Imperial College found that after one week of high doses of psilocybin, twelve study participants no longer suffered with depression or self loathing. Eleven weeks later, five of them no longer had any lingering depression symptoms.
U.K. researchers had to go through a protracted amount of red tape to gain permission to administer the psilocybin capsules, however, given that magic mushrooms are illegal in most countries.
Read More
by Patrick J. Buchanan, CNSnews:
When
word leaked that Exxon CEO Rex Tillerson, a holder of the Order of
Friendship award in Putin’s Russia, was Donald Trump’s choice for
secretary of state, John McCain had this thoughtful response:
“Vladimir Putin is a thug, a bully, and a murderer and anybody else who describes him as anything else is lying.”
Read More
When
word leaked that Exxon CEO Rex Tillerson, a holder of the Order of
Friendship award in Putin’s Russia, was Donald Trump’s choice for
secretary of state, John McCain had this thoughtful response:“Vladimir Putin is a thug, a bully, and a murderer and anybody else who describes him as anything else is lying.”
Read More
/
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
No comments:
Post a Comment