Despite recent escalation in geopolitical turmoil, the economic scene last week was rather sleepy. But it’s okay, this week will have it all! Draghi leading Europe rates to -.40% (yes, that’s a minus sign) PLUS an increase in the bond buying program to €75BILLION (from €60b), which in turn will flow into the US FED Yellen, “are we or […]

There is some good news today for some! No economic commentary this week! For obvious reasons. Those who read our meagre commentary know that we’ve been as anxious about the escalation in the global geopolitical sphere as we have with economic mismanagement, especially in the last couple of months. So, we’re not surprised at the escalation. […]

  Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices. Gold was 2.4% higher in October but fell 2% last week as the Fed again suggested they […]