The Visual Story Of The Biggest Fraud In Gold Mining History
Courtesy of Visual CapitalistThis infographic documents the rise and fall of Bre-X.From initial private offerings at 30 cents a share, Bre-X stock climbed to more than $250 on the open market. Near the...
View ArticleFrontrunning: February 19
Greece requests euro zone loan extension, offers big concessions (Reuters)Germany Rejects Loan Request Saying Greece Must Meet Conditions (BBG)Did the Fed Just Enter the Currency Wars (BBG)French...
View ArticleWho's Next? China Finally Starts Snapping Up Gold Miners
Submitted by John Rubino via DollarCollapse.com,One (perhaps the only) bright spot in the past few year’s gold market has been Chinese and Indian demand for the metal. Here’s a chart, courtesy of Ed...
View ArticleFrontrunning: July 9
Only update software on down days: NYSE, SEC Suspect Software Update Triggered Trading Halt (BBG)Trade halts add to China’s Potemkin market problem (Reuters)Why Beijing’s Efforts Have Failed to Tame...
View ArticleCommodity Rout Halted On Dollar Weakness, Equities Unchanged
If yesterday's market action was boring, today has been a virtual carbon copy which started with the usual early Chinese selloff levitating into a mildly positive close, with the SHCOMP closing just...
View ArticleFrontrunning: July 31
U.S. stock futures slip amid lukewarm earnings, fall in commodities (Reuters)Stressful times for low-polling Republicans who may miss debate stage (Reuters)Trump shows staying power with surge ahead of...
View ArticleFrontrunning: August 7
July job gains may favor September interest rate rise (Reuters)It's all about Trump at raucous Republican debate (Reuters)The 5 Most Important Takeaways From the First Debate of 2016 (BBG)Republican...
View ArticleFrontrunning: August 13
China central bank tries to soothe global markets, says no reason for yuan to fall further (Reuters)Huge blasts at Chinese port kill 44, with hundreds injured (Reuters)China efforts to slow yuan fall...
View ArticleFrontrunning: September 21
Fed is out so...BOJ brainstorms stimulus overhaul as options dwindle (Reuters)And... Yellen Pause Ups Pressure on Draghi as Global Pessimism Mounts (BBG)But... Eurozone Nears Limits of What Monetary...
View ArticleJim Grant Explains How To Hedge Against The Coming Money Paradrop
Submitted by Christopher Gisiger via Finanz Und Wirtschaft,James Grant, Wall Street expert and editor of the investment journal Grant’s Interest Rate Observer, warns of ever more extreme central bank...
View ArticleFrontrunning: October 29
Fed puts December rate hike firmly on the agenda (Reuters)Charting the Markets: A More Hawkish Fed Rattles Investors (BBG)China to modernize and improve fiscal and tax systems (Reuters)Deutsche Bank to...
View ArticleGlobal Markets Slide, US Futures Wipe Out Overnight Gains In Volatile Session
It has been another choppy, illiquid, volatile overnight session, which started with weakness out of China, whose Shanghai Composite dropped 20% into another bear market in early trading, then further...
View ArticleFrontrunning: February 18
Oil extends rally towards $35 after Iran welcomes output freeze (Reuters)Overproduction Swamps Smaller Chinese Cities, Revealing Depth of Crisis (WSJ)House Flipping Is Making a Comeback in Las Vegas...
View ArticleGold Is The "Shining Bright Spot" In The Commodity Complex
Gold is many things to many people. A perennial battleground subject, gold remains arguably one of the most debated asset classes across global financial markets, but as Goldman's precious metals...
View ArticlePaul Singer: "Gold Rally Just Starting" As JPM Predicts A New Gold Bull Market
It was just last week when legendary hedge fund manager Stanley Druckenmiller delivered his latest anti-Fed sermon and once again extolled gold as the asset class to own in these experimental times in...
View ArticleFutures Fizzle After Oil Fades Bounce Above $48
It has been more of the same overnight, as global stocks piggybacked on the strong US close and rose despite the lack of good (or bad) macro news, propelled higher by the two usual suspects: a higher...
View ArticleWhat The Biggest Hedge Funds Did In Q1: The Full 13-F Summary
While far less attention is being paid to hedge fund 13F filings, which show a stale representation of equity long stakes among the hedge fund community as of 45 days prior, than in years gone by as a...
View ArticleGold Goes From "Ultimate Bubble" To Ultimate Buy For Soros
Gold Goes From "Ultimate Bubble" To Ultimate Buy For SorosGeorge Soros, who once called gold “the ultimate bubble,” has resumed buying the gold ETF and shares after a three-year hiatus.Soros Gets Gold...
View ArticleGold Fund Inflows Surge To Highest Of The Year
With high-yield bond funds suffering the largest redemptions in their history, this week saw gold fund flows soar to their highest in 2016 as buyers took advantage of the lower prices following the...
View ArticleBig Names Are Bailing
Submitted by John Rubino via DollarCollapse.com,The list of heavy hitters who are saying bad things about this world and its financial markets - while acting aggressively on their pessimism - is...
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