Investors Buy Gold ETFs at Record Pace [Chart]
on March 4, 2016 at 10:56 am
Investors Buy Gold ETFs at Record Pace
February had $7.9B in Gold ETF inflows – and the miners aren’t doing too bad either.
The Chart of the Week is a weekly Visual Capitalist feature on Fridays...
LIES, DAMN LIES, & BLS STATISTICS
Posted on 4th March 2016 by Administrator in Economy
It’s my favorite day of the month. The Bureau of Lies & Scams issues their double seasonally adjusted, massaged to provide a happy ending, birth death adjusted unemployment propaganda, designed...
Goldman Sachs says this rally in commodities is just a mirage
By Victor Reklaitis
Published: Mar 8, 2016 9:15 a.m. ET
Critical information ahead of the U.S. market’s open
It’s not for real!
Pundits are marveling at the S&P’s five-day march higher and Brent crude back...
U.S. shale-oil output is still increasing in the Permian Basin
By Myra P. Saefong
Published: Mar 8, 2016 2:07 p.m. ET
Permian Basin is the ‘most prolific oil-producing area’ in the U.S.
The sun may be setting for U.S. shale-oil regions, but maybe not for the Permian...
Oil Presents The Same Old Riddle Only Start From The Middle
Monday March 07, 2016 18:12
Many experts are suddenly touting the idea that the oil crash and long-standing route is dead and ready for burial.
Certainly oil prices are acting as if that is true. At 3 o’clock in New York, West Texas...
China Boosts Gold Hoard by Smallest Amount Since at Least July
March 7, 2016 — 3:40 AM CST
China raised its central bank gold reserves by the smallest amount since the nation started disclosing monthly increases last year.
The People’s Bank of China expanded holdings by 0.6...
PRECIOUS-Gold steady below 13-month high as upbeat U.S. jobs support Fed hike
* Expectations for March rate hike still low, aiding gold
* Hedge funds cut bullish bets in COMEX gold (Updates prices)
By Manolo Serapio Jr
MANILA, March 7 Gold steadied below last week's 13-month high on Monday...
Opinion: Why the U.S. stock market now has scary parallels to 1929
By Chuck Jaffe
Published: Mar 4, 2016 5:08 a.m. ET
Worst is yet to come for investors, strategist predicts
Huge crowds outside the Sub Treasury Building (now Federal Hall National Memorial)...
Gold Snaps Back to Bull Market as Prices Surge on Haven Demand
Kevin Crowley CrowleyKev
March 3, 2016 — 4:15 PM CST Updated on March 4, 2016 — 5:00 AM CST
Gold cruised to a bull market, heedless of rebounding stock markets, as traders expect central banks to curb yields on other...
India just stunned the gold market
Dave Forest, OilPrice.coM
Reuters/BabuAn employee displays gold models of elephants at the "Gem and Jewellery India International Exhibition 2013" (GJIIE) in the southern Indian city of Chennai
I wrote a few weeks ago about record slowdowns in gold sales...
STAFF NEWS & ANALYSIS
Chinese monetary bubble threatens to burst
By Daily Bell Staff - February 29, 2016
Global finance officials promise to shore up sagging growth … Finance officials of the world’s biggest economies promised Saturday to use “all tools” to shore up sagging global growth and...
Silver Prices in Five Years?
Posted on February 29, 2016 by Gary Christenson
What will the price of silver be in 2021? You can find articles suggesting the price of silver will be over $1,000 and under $10. Perhaps this is the wrong question.
A better approach: The global financial system...
Venezuela is about to revolutionize gold mining
Dave Forest, OilPrice.com
Back from a week in the wilds of Myanmar — more on that in Prime Meridians this coming weekend — to find a lot of action happening globally in both energy and mining.
One story however, stands out...
February Demand For U.S. Gold Coins Up 236% From 2015
Tuesday March 01, 2016 14:04
(Kitco News) - Demand for U.S. gold and silver bullion coin sales took a bit of a dip last month, compared to January; however, sales are still dramatically higher compared to 2015.
The latest sales data shows...
We just got another massive sign of how badly Saudi Arabia is suffering from the oil price crash
Feb. 29, 2016, 9:07 AM
REUTERS/Mohamed Al HwaityA man with Saudi Arabia's national flag in 2013 riding with a driver performing a stunt known as sidewall skiing as part of early...
Dry spell ate away at snowpack of drought-ridden California
By ELLEN KNICKMEYER and RICH PEDRONCELLI, Associated Press 2 hrs ago
ECHO SUMMIT, Calif. — An unwelcome three-week winter dry spell left the California snowpack at just 83 percent of average, a setback for...
New York judge rules in favor of Apple in earlier locked iPhone case
Aaron Pressman,Yahoo Finance 2 hours 19 minutes ago
While Apple (AAPL) and the FBI have been busy battling over a dead terrorist's passcode-locked iPhone in a case in California, a federal judge in New York on Monday ruled...
Opinion: Government debt is the new subprime
By Jonathan Rochford
Published: Feb 26, 2016 7:05 a.m. ET
Without widespread austerity, a global debt crisis is a realistic possibility in the next five years
Don’t be so sure.
Howard Marks of Oaktree Capital is one of the...
PRECIOUS-Gold up 1 pct, set for best month in four years
* Gold up 10.4 pct in February for biggest gain in four years
* SPDR fund inflows touch one-year high (Updates throughout, changes dateline from SINGAPORE)
By Clara Denina
LONDON, Feb 29 Gold rose 1 percent on Monday, boosted by lower...