Goldnomics Podcast - Gold, Stocks, Bitcoin in 2018. Everything Bubble Bursts?
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In this our first GoldNomics podcast we take a look at the major financial market themes of 2017 and delve into the outlook in 2018. GoldCore CEO Stephen Flood and GoldCore's Research Director and world renowned precious metals commentator Mark O'Byrne are interviewed by Dave Russell.
For the second day in a row, most Asian markets - at least the ones that are open - were dragged lower by tech stocks and Apple suppliers, with the MSCI Asia Pacific Index down 0.2% led by Samsung Electronics and Taiwan Semiconductor Manufacturing in response to the previously noted report that Apple will slash Q1 sales forecasts for iPhone X sales by 40% from 50 million to 30 million. Most Asian equity benchmarks fell except those in China. European stocks were mixed in a quiet session while U.S.
Authore by Leonid Brershidky via Bloomberg.com,
During Russian President Vladimir Putin's annual press conference on Thursday, a friendly journalist asked Putin whether the escalating tension in relations with the U.S. and the crumbling of arms control treaties would draw Russia into an unsustainable arms race. "We will ensure our security without engaging in an arms race," the president replied, citing widely diverging dollar numbers for the U.S. and Russian defense budgets.
'Twas the morning of Xmas and all through the markets, not a human creature was stirring...but it appears the machines took major advantage of the low liquidity...
Around 730amET, it seems the algos went on a deep stop hunt, flash-crashing EURUSD by four big figures, taking out the November 7th low stops - all the way back to the lowest print since mid July.
Prices then stabilized after ramping back higher.
Authored by Charles Hugh Smith via OfTwoMinds blog,
Isn't it obvious that if we set out to design the most perverse, toxic and doomed system possible, we'd end up with the Keynesian Cargo Cult's insane permanent growth/Landfill Economy?
Few topics are off-limits nowadays: the personal and private are now splashed everywhere for all to see.