Search Results for: Trading
The Geopolitics of Gold
June 10th, 2021
A number of events are coming together which are set to push gold prices higher. Besides a combination of continuing inflationary policies and massive future budget deficits undermining the dollar, by closing down derivative market activities new Basel ...
Large-scale online investment fraud network with hundreds of victims across Europe
May 27th, 2021
On 11 May 2021, a large criminal network involved in investment fraud and money laundering was dismantled as a result of a cross border operation supported by Europol and Eurojust. The investigation, led by Germany, involved law enforcement and ...
The end of the LBMA is nigh
May 20th, 2021
Basel 3 is on course to regulate the LBMA out of existence. And with it will go all the associated arbitrage business and position-taking on Comex, because most bullion bank trading desks will cease to exist. The only ...
Bitcoin plunges 30%; Other cryptocurrencies also plunged
May 20th, 2021
Bitcoin plunged 30% to near $30,000 at one point on Wednesday, continuing a major sell-off in the cryptocurrency markets that began a week ago. The digital currency hit as low as $30,001.51 as the selling intensified Wednesday before paring ...
European stocks hit fresh record high
May 10th, 2021
European stocks extended a record-setting rally on Monday as optimism about the reopening of economies and easy monetary policy lifted cyclical sectors, including mining and financials. The pan-European STOXX 600 index rose 0.1% to hit a fresh all-time high ...
European stocks dipped slightly on Tuesday
April 27th, 2021
European markets are following the trend seen overnight Asia-Pacific, where stocks mostly declined as concerns about the spread of Covid-19 lingered. Elsewhere, U.S. stock futures held steady in early premarket trading on Tuesday as investors braced for another batch ...
Why interest rate management fails
April 23rd, 2021
This article explains why attempting to achieve economic outcomes by managing interest rates fails. The basis of monetary interventionist theories ignores the discoveries of earlier free-market thinkers, particularly Say, Turgot and Böhm-Bawerk. It also ignores Gibson’s paradox, which ...
European stocks climbed on Thursday
April 8th, 2021
European stocks climbed on Thursday, tracking gains overnight in the Asia-Pacific markets following a rise in the U.S. stock futures. The pan-European Stoxx 600 gained 0.5% in early trade, with basic resources adding 1.2% to lead gains as all ...
The dollar was poised to extend gains against major currencies on Monday
April 5th, 2021
The dollar was poised to extend gains against major currencies on Monday after the U.S. jobs report at the end of last week showed the nation’s labor market is recovering from the impact of the coronavirus shock. The focus ...
Say’s law and the destruction of savings
April 2nd, 2021
This article explains the fundamental mistake behind Keynes’s General Theory, the vade mecum for all macro and mathematical economists today. It is no exaggeration to say that his casual rejection of Jean-Baptiste Say’s economic theories in his off-hand ...
