Asking prices for houses in the UK are starting to fall at a time when first time buyers in the UK continue to struggle to get on the ladder. The average house price in the UK has now moved lower by around £25k according to property website Zoopla, but are still nearly 8 times the average…
The price of copper performed very well this year. One year ago we released our Copper Price Forecast 2017 in which we identified $2.10 as the line in the sand: “as long as the copper price remains above $2.10 we believe the price of copper will go higher or stabilize in 2017.” So what where does the copper market…
(Video length 00:06:22) Peter Schiff talks about his 2018 outlook on gold, dollar, inflation, tax cuts, and interest rates on RT Boom Bust with Bianca Facchinei December 20th 2017.
Every year, Australia’s politicians make the same promise. A graph of promises vs reality makes a farce of it all. The above graph, courtesy of news.com.au, highlights the difference between government budget forecasts and what really happened. Australia has not had a surplus since 2007-08 when the Rudd Government spent heavily to insulate the country’s economy…
Technical analysis on bitcoin is often hard as the cryptocurrency just breaks new records. Using Fibonacci and other technical tools to estimate the next peak were not that fruitful. But as the coin becomes more mainstream and trading volume rises, there are also quite a few ups and downs which make it somewhat easier to analyze….
Everyone who believes risk has disappeared has fallen for the con. Judging by this year’s version of Santa Claus’s reliable year-end stock market rally, risk has vanished, not just in stocks but in bonds, junk bonds, housing, commercial real estate, collectible art–just about the entire spectrum of tradable assets (with precious metals and agricultural commodities…
The near-term rebound in USD/CAD may continue to unravel over the next 24-hours of trade as Canada’s Consumer Price Index (CPI) is expected to pick up to annualized 2.0% in November, while Retail Sales are projected to increase another 0.3% in October. Faster price growth paired with signs of stronger consumption may encourage the Bank of Canada…
When you think about investing, what do you use as a reference point? Many investors use the Great Recession of 2008 as their reference point due to the financial turmoil it caused and they make future financial decisions based on this perspective. Because of this crisis, millions of jobs were lost, the housing market collapsed…
USD/CAD broke below 1.2835 support, indicating that the short term uptrend from 1.2623 had completed at 1.2920 already. Deeper decline towards 1.2713 support could be expected in the coming days. A breakdown below this level could trigger further downside movement towards 1.2623. Resistance is at 1.2920, only break above this level could signal resumption of…
I would like to update some charts for the commodities complex as we are starting to see some action in this sector. Back in the summer months when we first started to get long some of the different commodities sectors, we got many breakouts from some very nice H&S bases. After the initial move up…
