Trading Alert – BTC Bullish Break Higher!

Posted on

After pointing out this morning a potentially bearish pattern, a bullish one manifested itself later.  Instead of breaking lower, Bitcoin prices hung out all day between $11,000 and $12,000.  Just now a break above the top of a bullish pennant occurred on heavier volume.  Here’s a 15 minute chart showing the break: The target for […]

Worldwide Approval Of America's Leadership Is Waning

Posted on

Donald Trump has been in power as the 45th President of the United States for a year, since his inauguration on January 20, 2017. The set-up of the international arena has long been shifting, away from lone American leadership towards a more multipolar world in which other powers are gaining influence, but as Statista’s Dyfed […]

Crystallex requests new hearing in lawsuit against Venezuela

Posted on

Following the dismissal by a U.S. court of Crystallex’s lawsuit against asset transfers by Venezuelan-owned refiner Citgo, the Canadian company announced that it has requested a new hearing. According to Venezuelan media, the miner filed the new request before the 3rd U.S. Circuit Court of Appeals earlier this week. The company alleges that the South […]

Tax Reform And Trump's Chinese Trade Deficit Conundrum

Posted on

Authored by MN Gordon via EconomicPrism.com, Most things come easier said than done.  Take President Trump’s posture on trade with China… Trump doesn’t want a bigger trade deficit with China.  He wants a smaller trade deficit with China.  In fact, reducing the trade deficit with China is one of Trump’s promises to Make America Great […]

This Is How Chinese Bitcoin Buyers Are Getting Around The Government Ban

Posted on

China stunned cryptocurrency traders in September when, after announcing a crackdown on ICOs, it went a step further and warned all crypto exchanges operating in mainland China that they would need to wind down their operations by October – effectively killing the nascent cryptocurrency and blockchain industry. Observers expected this to be a huge blow…though […]

Pat Buchanan Asks "Is A US-Turkish Clash In Syria Imminent?"

Posted on

Authored by Patrick Buchanan via Buchanan.org, The war for dominance in the Middle East, following the crushing of ISIS, appears about to commence in Syria – with NATO allies America and Turkey on opposing sides.   Turkey is moving armor and troops south to Syria’s border enclave of Afrin, occupied by Kurds, to drive them […]

Great Atlantic to drill for base/precious metals in New Brunswick

Posted on

Great Atlantic Resources (TSXV.GR) announced that, in the spring of 2018, it will start drilling at its Porcupine base metal – precious metal – rare earth element project located in the eastern Canadian province of New Brunswick. The site is approximately 50 kilometres west of the city of Miramichi and occupies a land package of […]

Housing Construction, Hurricanes or No?

Posted on

The August appearance of Hurricane Harvey has made economic analysis a little more challenging than usual. That it was followed closely by Hurricane Irma only compounded the difficulty. What we have observed, however, is pretty much what we expected. In several economic categories and among various statistics, there was a rush of activity in October […]

Chinese Engineer's Mysterious Disappearance Suddenly Takes On Geopolitical Significance

Posted on

Authored by James Dorsey via AlMadaqNews.com, Neither the United States nor China can afford a complete rupture, neither has a clear strategy to help Pakistan stabilize.   Thirty-six-year-old Chinese engineer Pingzhi Liu went missing almost a month ago. It took Pakistani authorities three weeks to classify Mr. Liu’s disappearance as a likely kidnapping that could have significant […]

2017's worst-returning precious metal becomes hedge fund darling

Posted on

(Bloomberg) — After lagging behind other precious metals last year, platinum is finally outperforming, and hedge funds are taking notice. Money managers increased their bets on a rally for platinum, a commodity used in pollution-control devices for cars. Investors had been pessimistic on prices until the start of this year, but that sentiment changed as signs […]

Gold ETF Holdings Surge To 4-Year Highs Ahead Of Lunar New Year

Posted on

Global holdings in gold exchange-traded funds soared to the highest level since 2013 as investors got behind a rally in the metal. As Bloomberg reports, most of the inflows were into SPDR Gold Shares, a U.S.-based ETF favored by money managers with a short-term view for its relatively high liquidity and narrow bid-offer spread. Gold has jumped […]

How to Profit From the 2018 Dollar Crash

Posted on

By Justin Spittler, editor, Casey Daily Dispatch The U.S. dollar just had its worst year in 14 years. Last year, the U.S. Dollar Index (DXY) fell 10%. This index tracks the dollar’s performance against a basket of currencies. Now, I realize this might not sound like a big deal. But it was the index’s worst […]

What About 2.62%?

Posted on

There’s nothing especially special about 2.62%. It’s a level pretty much like any other, given significance by only one phrase: the highest since 2014. It sounds impressive, which is the point. But that only lasts until you remember the same thing was said not all that long ago. Back last March, the 10-year yield had […]

An Equity Bubble Second-To-None…

Posted on

Authored by Michael Liebowitz via RealInvestmentAdvice.com, “Today’s equity market valuations have only been eclipsed by those of 1929, and 1999.” In March of 2017, we examined traditional equity valuations in a new light to help better compare today’s valuations versus those of past business cycles. In particular, we adjusted the popular price-to-earnings (P/E) ratio for […]

New Photos Show Vegas Shooter's Grizzly Final Scene; Child Porn Found On Computer

Posted on

Investigators analyzing a computer belonging to Las Vegas shooter found “several hundred images of child pornography” on a Dell laptop belonging to Stephen Paddock, according to a report released today which includes several pictures of the 32nd floor room Paddock had rented.  Computer forensic analysis of a Dell laptop Model E5570 revealed numerous internet searches for […]

Turkish gold imports hit record 370 T in 2017-Borsa Istanbul

Posted on

ANKARA, Jan 19 (Reuters) – Gold imports to Turkey hit a record 370 tonnes in 2017, more than trebling from 106.1 tonnes, data from Borsa Istanbul showed. This was the highest level of imports since the data was made available in 1995 and well above the previous record of 302 tonnes set in 2013. Imports […]