Authored by Peter C. Earle via TheDailyEconomy.org, Gold has crossed $4,000 per ounce just 200 days after it passed $3,000. What began as a slow march from crisis to crisis has transformed into an accelerated sprint that is reshaping how savers, investors, and policymakers worldwide view the world’s oldest monetary metal. Beyond the simple symbolism […]

Have we learned nothing? February 2018 saw the markets suffer what came to be known as ‘Volmageddon’ as a sudden surge in volatility triggered massive losses in short-volatility exchange-traded products (ETPs), such as the VelocityShares Daily Inverse VIX Short-Term ETN (XIV), losing over 90% of their value in a single day. The S&P 500 dropped approximately […]

With the Argentine Peso imploding in recent weeks – but not as fast as it would have had the Milei government not backstopped it with relentless central bank interventions which quickly drained the country’s dollar reserves – and the country’s bond market in freefall, the Latin American country was facing a full-blown market collapse if […]

By Michael Every of Rabobank The Real Deal Right now, the focus shouldn’t be on the little data we have. German industrial production figures were shockingly bad and take output to the lowest level since 2005, but that was an obvious trend years ago to those who wanted to see it. Neither should it be […]

Authored by Melanie Sun via The Epoch Times, The U.S. Senate has voted against legislation seeking to direct the withdrawal of the U.S. military from hostilities that have not been authorized by Congress. The proposal was a direct challenge to President Donald Trump’s decision as commander in chief to use military force against drug cartels […]