The recent news from China is that PBOC decided to fight the general malaise the Chinese economy has been experiencing but slashing again rates. Is this enough to jump start the world’s second largest economy? It’s certainty a move in…
The U.S. dollar remains weak and keeps fueling the rise of gold and silver prices. Last week, the main economic reports from the U.S. were in general not encouraging: The core CPI grew to an annual rate of 1.9% —…
We start with analyzing the 4 problems and 4 solutions that Varoufakis presented in Barcelona, continue with the data dependent dollar drive and finish with a preview of the interesting week. You are welcome to listen, subscribe and provide feedback. Yanis Varoufakis in…
The U.S. dollar took another hit last week mainly against the Yen, Aussie dollar and British Pound. The depreciation of the USD provided some back-wind for commodities including oil and gold. This week, the main events include: ECB rate decision…
So after Goldman Sachs hit us up with the big headline a month back that oil prices could reach as low as $20 a barrel next year – back when the oil prices kept falling and even dipping below $40…
The gold and silver market, continued their rally from the previous week – following the weaker than expected NFP report. This time, the minutes of the FOMC didn’t offer any big headlines and updates about the Fed’s decision or the…