Category: Economic News
Brexit: The Tip of the Iceberg
Leaving Is Not Just a British Thing What happens to the money when political ties are forged or broken? There will always be gold and silver. Next week Britons will […]
Brexit and Gold
Brexit Uncertainty Draws Attention To Gold On June 23rd, Britons will go to the polls to vote as to whether the United Kingdom stays in the European Union. A leave […]
FX Friday Global Currency Review & Forecast For 6-10-16
Fed Open Mouth Operations Cut Short By Reversal in the Labor Market Former heavyweight boxing champion Mike Tyson once said, “Everyone has a plan until they get hit in the […]
Causes of Venezuela’s Hyper-Inflation
Shopping in Venezuela: $150 for a dozen eggs, toilet paper, soap, beer, diaper, aspirin, car parts, milk sugar, flour and other essential items are in short supply or unavailable. Venezuela’s […]
FX Friday Global Currency Review & Forecast For 6-3-16
Federal Reserve Open Mouth Operation Ends Fed officials spent the better part of May telegraphing that an interest rate hike might be coming in June or July by repeating, no […]
Stumbling Towards Uncertainty
The future is always uncertain, but it is certainly more uncertain this year than most There are political, economic and social changes a foot. There always are. Usually, however, outcomes […]
FX Friday Global Currency Review & Forecast For 5-27-16
Fed Presidents Roar- RATE HIKES ARE COMING! For the third week in a row we’ve heard a series of calls by Fed Presidents for rate hikes in 2016. The incessant […]
Why Does Gold Matter To China and Russia But Not the United States?
Gold was important to the U.S. to nationalize in 1933, to build Fort Knox in 1936 to store it and to stop foreign central bank redemptions of dollars for gold […]
FX Friday Global Currency Review & Forecast For 5-20-16
Four Non Voting Fed Presidents Repeat Their Call For Rate Hikes In 2016, Possibly in June The Dollar For the past three weeks, Fed Presidents have been insisting that the […]
Trump on the National Debt
The United States Debt Keeps Growing – How Will it be Paid Off? Annual U.S. deficits may have shrunk in recent years, but the overall U.S. deficit and amount of […]
FX Friday Global Currency Review & Forecast For 5-13-16
Dollar Strength Follow Through Fades The U.S. Dollar Last week the Dollar Index* rose as two Fed Presidents (Messrs. Lockhart and Williams) raised the specter of a rate hike at […]
Donald Trump On The Economy
A Donald Trump Presidency May Have Unpredictable Economic Outcomes Trumponomics – Pragmatic Populism in the National Interest After defeating Ted Cruz and John Kasich in Indiana last week, Donald Trump […]
FX Friday Global Currency Review & Forecast For 5-6-16
The Dollar Rebounds On Fed Rate Hike Chatter It was bound to happen. U.S. economic data was not encouraging. The Dollar Index* was falling almost in a straight free fall […]
Fed Cries “Rate Hike”… Again
Federal Reserve Holds Off Again on Raising Interest Rates The Federal Reserve held its two day April meeting last week. From it emerged a “hawkish” statement hinting that interest rate […]
FX Friday Global Currency Review & Forecast For 4-29-16
Commodities and Commodity-Based Currencies Rise as the Dollar Falls The price of oil has reversed sharply from being down 20% on the year in early February to rising 20% in […]
Indian Silver Imports Surge
Indian Silver Imports Were Nearly 275 Million Ounces in 2015. Total Global Silver Mining Supply was Approximately 850 Million Ounces in 2015 Indian silver demand has increased exponentially over the […]
Mexican Silver Mining Production Set To Fall in 2016
World’s Largest Silver Mining Country Sees Decline in Output in 2016 After a Decade of Increasing Silver Production, a Slow Down Is Projected 2015: Mexican Silver Miners Peak Year? After […]
FX Friday Global Currency Review & Forecast For 4-22-16
Oil and the Dollar Dominate the Economic News Silver Surges Oil The price of oil whip sawed this week after a meeting of oil producers in Doha, Qatar failed to […]
Deutsche Bank Agrees To Settle Gold and Silver Price Fixing Litigation
Largest German Bank Settles Two Precious Metals Price Manipulation Cases Last week Deutsche Bank settled two cases involving the manipulation of precious metals prices. On Wednesday, Deutsche Bank settled a […]
FX – Friday Global Currency Review & Forecast For 4-15-16
The Dollar Struggles To Regain its Footing The dollar was weak all week until mid-week. On Tuesday, Dallas Fed President Rob Kaplan warned the Fed would not wait too long […]