The GBP/USD Breaks Lower on NFP Data

NFP figures missed expectations driving the GBP/USD lower.
View full post on DailyFX – Feeds all

Solid gold from tiny scraps: Warwick refinery separates precious from ordinary – The Providence Journal


The Providence Journal
Solid gold from tiny scraps: Warwick refinery separates precious from ordinary
The Providence Journal
The intense heat has burned away the non-precious metals and impurities, leaving tiny beads of pure gold, silver, platinum or palladium. Fedorenko, a lab technician, has been identifying precious metals from the samples sent in by customers for the

View full post on precious metals gold silver – Google News

Gold and Silver: Ripe for a Recovery! China May well Change the Game

China lifts reading of cenbank gold holdings by 57 pct
Gold now accounts for 1.65 pct of total forex reserves

 
According to Central Bank Data, China’s gold reserves stood at 1,658 tonnes at the end of June of last year. This was up 57 percent from the last time reserve were adjusted more than six years ago.
View full post on The Market Oracle

USD/CAD – The Unwind of “Negative Irrational Exuberance”

USD/CAD trades back to unchanged on the year, Important cyclical turn window ahead.
View full post on DailyFX – Feeds all

Stock Trading HOTEL CALIFORNIA ? Which Straw Will Break this Camel’s Back?

DO you have to pick one? Pretty much it could be anyone. They take your stock out behind the barn and shoot in the head. Game over. OK so its only wounded, say 20% in a day. Did it put you under water?
View full post on The Market Oracle

The Real Bain of Equity Markets is Actually a US Dollar Problem

In a world where few want a strong currency, where is all of the capital going to flow? Will the Fed yield to this mounting pressure?
View full post on DailyFX – Feeds all

Gold price falls back as US jobless rate hits eight-year low – The Week UK


The Week UK
Gold price falls back as US jobless rate hits eight-year low
The Week UK
This has smashed the dollar, against which gold is a key hedge, and sent the precious metal to new three-month highs. There is very little that appears to be standing in the way of the rally continuing, which is why more and more analysts have turned
PRECIOUSGold price slips after mixed US jobs dataReuters
Gold price slips after mixed jobs dataThe Nation
Gold price rises to three-month high after mixed US jobs dataYahoo Finance UK

all 11 news articles »

View full post on precious metals gold silver – Google News

The Stocks Bear Is At The Door, Part 1: Momentum Stocks Getting Crushed

One of the common transitions that bull markets go through as they age and die is a narrowing of leadership. As formerly strong sectors begin to stall out, investors shift into whatever is still looking good — that is, whatever still has upward momentum. Eventually capital becomes concentrated in just a few names. Then those stocks roll over and the game ends.
This time around Big Tech was the final category of momentum play, and it ended up attracting astounding amounts of money from both the usual suspects like hedge funds and some new suckers like the Central Bank of Switzerland, now a major holder of Apple shares.
View full post on The Market Oracle

GBP/USD 2016 Rebound Vulnerable to Upbeat Fed Testimony

The near-term rebound in GBP/USD may continue to unravel in the week ahead should the Federal Reserve’s semi-annual Humphrey-Hawkins testimony with Chair Janet Yellen highlight a further deviation in the policy outlook.

View full post on DailyFX – Feeds all

The End of Tax Havens?

By Jeff Thomas The image above is of a World War II German Panzer tank. So, what does that have to do with tax havens? I’ll get to that soon.
But first, let’s look at the Isle of Jersey, one of the islands in the English Channel. Most people think of it as a British tax haven, but it’s not, strictly speaking, a part of the UK and not a member of the EU. It’s a self-governing parliamentary democracy under a constitutional monarchy and has its own legal, judicial, and, most importantly, financial systems. For decades, it’s been a choice location for those who seek to avoid taxation. View full post on The Market Oracle

Dutch Money – Netherlands Coins in Circulation

This is an image showing the coins which are currently used as money in the Netherlands. This Dutch coinage is part of the monetary system used in the Netherlands. Page 63. View full post on About.com Coins: What’s Hot Now

Gold’s Luster at Risk as Fed Testimony Looms

Gold prices rallied for a third consecutive week with the precious metal advancing more than 3.5% to trade at 1157 ahead of the New York close on Friday

View full post on DailyFX – Feeds all

Gold Ends Week Near 3.5-Month High; US Mint Silver Coins Jump – CoinNews.net


StreetWise Journal
Gold Ends Week Near 3.5-Month High; US Mint Silver Coins Jump
CoinNews.net
Most precious metals futures declined on Friday but rallied on the week. Gold and silver logged a third straight week of gains, with the former closing near a 3.5-month high and the latter just off from a 3-month high. Gold for April delivery edged up
Gold Slips as Dollar Gains Ahead of U.S. Jobs DataStreetWise Journal
Gold retreats from 3-month high, as optimistic jobs report lifts dollarNasdaq
Gold perched near 3-month highDaily Times
Metal.com News
all 15 news articles »

View full post on precious metals gold silver – Google News

Gold Stocks Something has Changed

In our missive last week we noted that:

While good things are happening under the surface for Gold, its lack of a strong rebound in recent months argues that such a rebound is in the future but not imminent. Gold’s steady downtrend could resume in the next week or two.
View full post on The Market Oracle

A Week of Wonder and Befuddlement for the Yen

Last week we looked at the astonishing surprise decision by the Bank of Japan to move to negative interest rates.

View full post on DailyFX – Feeds all