Today is a big day for the markets… Wall Street is holding its breath to see if the US Central Bank (or the “Fed”) is going to raise interest rates at 2pm Eastern time today. Actually, not really. No one is holding their breath! You see, the markets and “the…
The most overcrowded trade in the world could be about to unravel. The crash in the euro currency, the crisis in Greece, and rumours of a rise in interest rates has caused the US Dollar to explode rapidly higher in the past 8 months. This has created another problem… Trader…
Gold has had an incredible start this year… It is already up nearly 10% this month, and that is despite a very strong US Dollar! One of the reasons behind gold’s recent surge is because of what is happening over in Europe and Russia… Investors are naturally nervous about the…
The recent crash in gold prices has had everyone talking about the yellow metal once again. Feelings towards gold is certainly mixed: from “bullish” investors who want to buy it cheaper, to those who have completely given up on it. A week ago, a famous billionaire gold investor shocked his…
The positive jobs report resulted in rally in the US Dollar. There is a lot of downward pressure on the major currencies because the US Dollar has been gaining strength. Back in January of this year we predicted that the US Dollar would put in a short to medium term…