From Taki Tsaklanos: Gold is said to be an excellent hedge against inflation, as gold tends to rise along with inflation (expectations). InvestingHaven’s research team argued recently that is only partly true, as gold tends to be driven by sometimes by inflation and sometimes by fear, according to these 10 insights from gold’s long term […]
From Tony Daltorio: This phenomenon is seen every time a new U.S. president is elected: Wall Street searches for the sectors that will benefit the most from the new president’s expected policies.
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If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. Copper” just hit a six year low, Morgan Stanley
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Tyler Durden: Today’s prime time event hasn’t even arrived, that would be the European Court of Justice (ECJ) delivering its final opinion on the legality of the ECB’s previously announced OMT program, in less than an hour, and already the fireworks
Tyler Durden: Copper prices are surging this morning (in the face of Goldman’s recent warnings of a plunge), jumping 4 handles apparently on the heels of a WSJ story in which LME admits that a single buyer has snapped up more than
Tyler Durden: Copper has rallied almost 6% in the last few weeks with a 1.25% surge today sending the ‘economic’ metal back to near 4-month highs. This must means demand is picking up, right? This must mean the world is ok, right?
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