Gold Stocks Today » RBNZ

Central Banks Get Weaker Currencies

Chuck Butler — Thu, 03 May 2012 15:42:24 +0000

The currencies are still in rut versus the dollar this morning. They haven’t lost more ground, just stuck in a rut. The euro (EUR) should have gained on the news that Spain was able to auction bonds this morning and meet their target, while France sold bonds and saw their yields drop. These two auction [...]

Central Banks Get Weaker Currencies originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas. Recently Agora Financial released a video titled "What Causes Gas Price to Increase?".

Central Banks Get Weaker Currencies

Chuck Butler — Thu, 03 May 2012 15:42:24 +0000

US Retail Sales Send Risk Assets Higher

Chuck Butler — Tue, 17 Apr 2012 15:57:19 +0000

Good day. In keeping with the tradition I set many years ago on Tax Day: “If you drive a car, I’ll tax the street, If you try to sit, I’ll tax your seat. If you get too cold, I’ll tax the heat, If you take a walk, I’ll tax your feet… Cause I’m the taxman, [...]

US Retail Sales Send Risk Assets Higher originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas. Recently Agora Financial released a video titled "What is Fracking?".

China Widens Trading Band

Chuck Butler — Mon, 16 Apr 2012 16:44:53 +0000

Well… Friday quickly turned around regarding the currencies and metals rally, and sent them to the woodshed… Stocks also retreated, thus making it a triumvirate of risk assets getting sold… That makes it a Risk Off day… Apparently, the slower-than-expected (but still 8.1%) GDP in China really scared the bejeebers out of the stock jockeys, [...]

China Widens Trading Band originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas. Recently Agora Financial released a video titled "What is Fracking?".

Chinese Imports Remain Robust

Chuck Butler — Wed, 11 Apr 2012 16:05:15 +0000

Good day. Another well-pitched game, and a couple more home runs for my beloved Cardinals last night. I must say, it’s been a very good start to the season, but we all know it’s a marathon season, and getting too lathered up early can lead to disappointment later, so I’ll just say I’m pleased they [...]

Chinese Imports Remain Robust originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas. Recently Agora Financial released a video titled "What is Fracking?".

Greek Bond Swap Deadline Approaches

Chuck Butler — Thu, 08 Mar 2012 16:22:16 +0000

As we draw closer to deadline for the Greek bond swap, it appears as though Greece will end up attracting enough investors to swap their current Greek bonds for new bonds. This news is positive for the euro (EUR), and we all know that what’s good for the goose is good for the gander, and [...]

Greek Bond Swap Deadline Approaches originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

German Factory Orders Drop

Chuck Butler — Wed, 07 Mar 2012 17:48:25 +0000

The “fear factor” has been reduced in the eurozone, as it appears that private investors are accepting their medicine, and taking their dose of the Greek bond swap. Societe Generale, France’s second-largest bank, and UniCredit have announced that they will accept the terms of the bond swap, along with a long list of other companies [...]

German Factory Orders Drop originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Eurozone Economic Confidence Rises

Chuck Butler — Tue, 28 Feb 2012 17:23:34 +0000

I told you yesterday that the Australian dollar (AUD) was weaker because of the uncertainty of the leadership vote that Prime Minister Gillard won over the weekend, but that it would bounce back quickly, and that’s exactly what it did. I had just hit send, and I noticed the A$ ticking higher, and by midmorning, [...]

Eurozone Economic Confidence Rises originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Euro Is Yanked From the Slippery Slope!

Chuck Butler — Fri, 17 Feb 2012 16:56:27 +0000

Yesterday, the euro (EUR) sure looked as if it were headed for a ride on the slippery slope, but about one-third down the slide, the single unit was yanked back to the top by a newspaper (Die Welt) report that the ECB is exchanging Greek bonds for new securities, easing concern that Greece will get [...]

Euro Is Yanked From the Slippery Slope! originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Greece Disappoints Again!

Chuck Butler — Mon, 30 Jan 2012 18:08:35 +0000

Here we are… The last couple of days of January… So the first month of 2012 is just about over, and already, we’ve heard the Fed push their rate forecast for near zero rates out further, and the Fed laying the groundwork for another round of QE… But… When we began the month/year, everyone was [...]

Greece Disappoints Again! originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.