Is Korea Just A Smokescreen?
Authored by Bryan McBride via Mises Canada,
Is Korea just a smokescreen?
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Europe
Saudi Arabia Is About To Confiscate $33 Billion From Four Of Its Richest People
Earlier today, when discussing the Saudi bank account and asset freeze (and confiscation) of dozens of princes and ministers, we said that just the haul of billionaire prince Alwaleed's $19 billion in various holdings, including nearly a billion dollars in jewelry, plans, yachts, furniture and cash...
Mid-East Crisis? Tax-Deal DOA? - Buy The F**king Record Highs
2 dead Saudi princes, dozens arrested, billionaires' assets frozen, and John McCain calling the tax deal "DOA" - B-T-F-Record-Highs!!
Gold Spikes Above Key Technical Level As USDJPY, Bitcoin Tumble
As European markets closed this morning, all bids disappeared from USDJPY and the pair dropped back below 114.00. In its mirror-like manner, gold reflected this tumble and surged above its 100-day moving average over $1280.
As USDJPY rolled over so Bitcoin hit an airppocket at the european close...
Remeber, Japan is currently the most active market for Bitcoin, so one wonders if this is some pre-saging of a general crackdown - despite all signals pointing the other way in Japan.
WTI Spikes Over $57 For The First Time Since July 2015
Having legged higher at the opens of Asia, Europe, and US markets, WTI is extending gains overnight on middle-east tensions...
Brent is trading above $62 amid anti-corruption drive led by Saudi Crown Prince Mohammed bin Salman, which may consolidate his control in OPEC’s largest oil producer, and WTI has pushed above $57 as producers such as Nigeria, Saudi Arabia signal they support a potential extension of OPEC output cuts.