Zero rates wrecked your savings? Relax on a $17,000 footstool
FRANKFURT | By John O'Donnell
A one-legged coffee table is seen in Stockholm, Sweden, in this undated handout picture provided by Bukowskis company to Reuters February 19, 2016.
Reuters/Bukowskis/Handout via Reuters
Gold ticks higher, physical demand muted
Feb 19, 2016 - 8:18 PM GMT
by Dalton Barker
The gold price increased modestly for the third consecutive day as a safe-haven rally is being thwarted by weak physical demand.
Gold for April delivery on the Comex division of the New York Mercantile...
New technology, automation to help miners survive commodity prices rout
Cecilia Jamasmie | 2 days ago | 2594 | 0
Autonomous Haulage System trucks at the West Angelas mine, Western Australia. (Image courtesy of Rio Tinto)
When the worst collapse of commodity prices in nearly two decades...
Junk status beckons for these 14 miners
Includes some marquee names
Frik Els | a day ago | 2627 | 2
Anglo American Los Bronces
Ratings agency's have got it in for the mining sector where all companies are struggling with low commodity prices and many have to cope with high debt loads.
At this one, you can get metal news, metal for sale or purchases worldwide, and even shipping rates.
For instance, a 40' cargo moved by air, went off at $5000 from china to NYC
Shaky Equity Markets To Support Gold Next Week Say Analysts
Friday February 19, 2016 15:35
(Kitco News) - Despite gold’s impressive four-week rally coming to end this week, analysts still see volatile equity markets supporting the metal’s prices.
Friday, April Comex gold futures settled the...
Gold Holds Steady as Oil Sinks and Equities Struggle
Friday February 19, 2016 18:25
Gold stayed more or less steady as the session and week neared an end. Spot gold was down, but the April futures contract was up. While it’s easy enough to name suspects in today’s maintenance of the status...
Financial Crisis 2016: High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse
February 15th, 2016
Did you know that there are more than 1.8 trillion dollars worth of junk bonds outstanding in the United States alone?
With interest rates at record lows all over the world in...
When Will Gold and Gold Stocks Correct?
02/19/2016 | Jordan Roy-Byrne, CMT | Featured
Wednesday evening we raised a question in a subscriber update. We wrote: The current question for Gold and gold stocks is if they will push to higher targets before or a correction or if a correction has...
As War on Cash Escalates, Cash Lovers Fight Back
by Don Quijones • February 18, 2016
“It would be fatal if citizens got the impression that cash is gradually taken away from them”: Bundesbank President Weidman.
By Don Quijones, Spain & Mexico, editor at WOLF STREET.
Over the last couple...
A Walk down Memory Lane
Keith Barron 2 days ago History, Market Commentary Leave a comment 3,626 Views
As the late great baseball catcher Lawrence Peter “Yogi” Berra (1925-2015) observed:
It’s like déjà vu all over again.
History doesn’t repeat itself but it often rhymes
January 2016 hottest since records began: US agency
AFP Wed, Feb 17 3:43 PM PST
Washington (AFP) - Last month was the hottest January in modern times, US data showed Wednesday, the latest in a string of heat records fuelling concerns over the pace of climate change.
The average temperature...
“I Guess It’s Food Stamps”: 400,000 Americans In Jeopardy As Giant Pension Fund Plans 50% Benefit Cuts
Dale Dorsey isn’t happy.
After working 33 years, he’s facing a 55% cut to his pension benefits, a blow which he says will “cripple” his family and imperil the livelihood of his two children...
You Are Here
It’s definitely different this time…
The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that:
“Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators...
Yosemite's stunning 'Firefall' draws photographers and visitors to park
By Times staff and wire reports
Yosemite National Park
Yosemite has many dramatic vistas. But few are more awe-inspiring than firefall.
It's firefall season in the park, and that has attracted many photographers and...
Opinion: Here’s why you have to start taking bitcoin seriously
By Brett Arends
Published: Feb 19, 2016 5:08 a.m. ET
The digital currency is rising in value and use
For years the conventional wisdom in finance has been that bitcoins are a silly technological game, a...
Opinion: Expect gold prices to be massively volatile
By Mark Hulbert
Published: Feb 19, 2016 5:12 a.m. ET
Sentiment is simply unfavorable for the yellow metal
CHAPEL HILL, N.C. (MarketWatch) — Gold-market timers today are more bullish than at any time in the past two years. And that’s...
Husbands create 7 hours of extra housework a week: study
A maid leaves a room after cleaning it at the Home Inn budget hotel in Shanghai January 5, 2008.
(Reuters Life!) - For married women who can't figure out why they always have so much housework researchers may...
China warns U.S. of 'serious consequences' over Washington plaza name
China's Foreign Ministry warned the United States on Tuesday there would be "serious consequences" if a plaza in front of the Chinese embassy in Washington was named after a pro-democracy dissident and Nobel Peace...
Investors: The $1 Billion Armageddon Trade Placed Against The United States
July 25th, 2011
Jack Barnes: Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating.
In one moment, an invisible trader placed a...