A fertilizer producer in north China defaulted on bond payments, which is a positive aspect as the state governments are not so eager to bail out failed companies....
As the BREXIT vote nears, capital is starting to jockey for position. The euro has made an outside reversal far to the downside on a daily basis, and it is now...
COMMENT: Dear Martin, Another element that strongly supports your view is that US equities will fly at some point in the future. If you take the trailing 10y avg...
Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is...
COMMENT: Mr Armstrong; what do you think about mining shares? REPLY: I do not have the time to talk about every market and every move. We do have mining shares in...
The debate shifted following the Jobs Report, and people now assume that the Fed will not raise rates. Hence, we have a bounce in gold and the euro. That...
COMMENT: MA, Someone said they sold the euro at 116 with a stop loss at 11705 and sold gold at 1305 with a stop above last year’s high. They earn a lot. But...
