Bubble Dynamics and Market Crashes

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This post Bubble Dynamics and Market Crashes appeared first on Daily Reckoning. To paraphrase one of the great gems of Wall Street wisdom, “Nothing infuriates a man more than the sight of other people making money.” That’s a pretty good description of what happens during the late stage of a stock market bubble. The bubble […]

Markets Are Trapped in “Zombie-like” State

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This post Markets Are Trapped in “Zombie-like” State appeared first on Daily Reckoning. Markets are holding their collective breath. Not much is happening. But the potential for huge moves has not been greater since late 2015. The euro is meandering between $1.16 and $1.17. Gold is going sideways between $1,270 and $1,295 per ounce. The […]

Hyperinflation in Zimbabwe – It’s back, but maybe not for long

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Submitted by BullionStar.com When a nation adopts a foreign currency it will typically face significant hurdles when it tries to rid itself of that currency, or de-dollarize. But Zimbabwe’s autocratic ruler Robert Mugabe has appeared to have done the impossible. After dollarizing ten years ago, over the course of the last year or two he […]

The US Has Quietly Deployed More Than 500 Troops To Somalia

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Authored by Jason Ditz via AntiWar.com, One of the many quiet escalations in countries where US military operations on the ground hadn’t really been well publicized in the first place, officials say that the US has more than doubled the number of ground troops in Somalia this year, and now have over 500 troops there. […]

Introducing Crypto-IRAs

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This post Introducing Crypto-IRAs appeared first on Daily Reckoning. Do you have an IRA with a major brokerage firm or online company? If so, you probably own stocks, bonds, ETFs, CDs, or mutual funds in the account. But perhaps you’re looking for more diversification beyond those traditional investments that your custodian offers. For example, there’s […]

Yellen Confirms She Will Step Down When New Fed Chair Sworn In

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Federal Reserve Chair Janet Yellen says she will step down once her successor is sworn into the office, resolving a key question as to whether she would stay on in a diminished role. Yellen could technically stay on as a governor even after stepping down as the institution’s leader, because her term as governor does not […]

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape

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Authored by John Rubino via DollarCollapse.com, Sound money advocates who love the concept of cryptocurrencies but don’t want to abandon precious metals have been trying to clarify their thoughts of late. Risk Hedge just helped, with a comprehensive statement of the pro-gold position. The following is an excerpt. Read the full article here. All the […]

Russia's VTB Capital aims to double gold sales to China in 2018

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MOSCOW, Nov 20 (Reuters) – Russia’s VTB Capital, one of Russia’s biggest gold traders, aims to more than double sales of the precious metal to China next year, its global commodities chief said, after import curbs forced it to cut its target for this year. The investment banking unit of Russia’s No.2 lender VTB , […]

Is Value Investing Dead?

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Reporting on a Goldman Sachs study published a few months ago, a recent article from the Wharton School addresses the underperformance of value compared to growth strategies. The Sachs report, it says, claims that “value investors are seeing the longest dry spell since the Great Depression, and future returns will likely be lower than the […]

Russia miner Nornickel sees capex rising by 2019-2020

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LONDON/MOSCOW, Nov 20 (Reuters) – Russia’s Norilsk Nickel plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018 due to an environmental project and infrastructure modernisation, it said on Monday. Nornickel, part-owned by Russian businessman Vladimir Potanin and aluminium […]

Bitcoin $10,000? — Plus 4 More Must Knows For Monday!

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This post Bitcoin $10,000? — Plus 4 More Must Knows For Monday! appeared first on Daily Reckoning. Earnings Season Wrap Up- The last batch of third quarter earnings get announced this week, putting an end to another strong season. On Monday, Palo Alto Networks and Intuit report earnings. On Tuesday, Lowe’s, Dollar Tree, Salesforce and […]

The Approaching Silicon Valley Meltdown

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Authored by Mark St.Cyr, To say that we are living through precarious times seems to be an understatement. Whether one lives in the so moniker’d “developed world, emerging, or frontier” there seems to be one constant currently: No one seems to be able to accurately ponder what tomorrow may bring, whether its political, economical, social, […]

White House Declares North Korea A State Sponsor Of Terror

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Following comments by the White House last week that the administration would soon bring more pressure on North Korea, President Donald Trump has confirmed as much to a crowd of reporters, adding that, as of today, that North Korea would once again be designated a terror sponsor. Trump cited the killing of North Korean leader […]