by irdadmin | May 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
A new gold futures contract is being introduced by the Hong Kong Futures Exchange (two contracts actually). The two contracts will be physically settled $US and CNH (offshore renminbi) gold futures contracts. The key to this contract is that it requires physical...
by irdadmin | May 16, 2017 | Financial Markets, Gold, Precious Metals
As reported on Bloomberg TV: “Barrick Gold Corp was back in favor with fund managers last quarter, before the world’s biggest bullion producer reported disappointing earnings and rising costs…Billionaire investor Stan Druckenmiller’s Duquense...
by irdadmin | May 15, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Whenever I constructed a “difficult to sell” muni deal, I could count on the Rochester Family of Funds[Oppenheimer’s Rochester muni fund complex] to buy the deal if there was some “juice” in the yield. After all its other peoples money right? – an email...
by irdadmin | May 14, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
You’ve probably heard/read a lot lately about the VIX index. The VIX index is a measure of the implied volatility of S&P 500 index options. The VIX is popularly known as a market “fear” index. The concept underlying the VIX is that it measures...
by irdadmin | May 12, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Global demand for silver declined from 2015 to 2016 by 123 million ozs per numbers from the Silver Institute presented in an article on The Daily Coin yesterday. In fact, for the demand categories primarily driven by the consumer, demand plummeted 125 million ozs,...