by James Rickards
Special Report from The Daily Reckoning
I do not believe that Brexit means that the European Union is going to break up. Or that it spells the end of the euro as a currency. I've been very bullish on Europe and the Euro in the past. Even if the currency fluctuates, all these currencies are fluctuating, and the Euro did trade down from around the 140 level in late 2013, all the way down to 105 in January 2015, and people said, 'Oh, it's going to parity.' I said, 'No, it's not going to parity,' and it didn't. It bounced back to 105 a couple times, back up around 110 today, $1.10.
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by Felix Richter, Statista.com
-- this post authored by Martin Armstrong
Cologne, Germany. Today is the first day of the worlds largest gaming event, gamescom.
Infographic Of The Day: 8 DIY Activated Charcoal Beauty Recipes
Activated charcoal has become one of the hottest trends in the DIY beauty industry and for good reason.
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from Money Metals Exchange
-- this post authored by Clint Siegner
The nation's pre-eminent central planners just held their annual gathering at an exclusive resort just outside Jackson Hole, Wyoming and discussed how to interfere even more deeply in markets. In a speech entitled 'The Federal Reserve's Monetary Policy Toolkit: Past, Present and Future,' Fed chair Janet Yellen outlined why zero interest rate policy (ZIRP), purchases of toxic mortgage securities, and monetization of Treasury debt just aren't adequate. Officials must add negative interest rates (NIRP) and purchases of even more sketchy assets to their 'toolkit.'
Buy When There's Blood In The Streets - Part 2 Of Not The Best Time In History To Invest In Real Est
Written by Jim Welsh
Macro Tides Technical Review 29 August 2016
The big news from last week was not Janet Yellen's speech at Jackson Hole. The big news is that the S&P experienced a daily trading range larger than 1% on Friday for the first since July 11, or after 34 days of not doing so.
30Aug2016 Market Close: Wall Street Closed Lower Along With Texas Tea In The Mid 46 Handle, US Dolla
30Aug2016 Market Update: US Markets Fractionally In The Red, US Dollar Continues To Rise, Crude Pric
30Aug2016 Pre-Market Commentary: US Futures Flat Ahead Of The Morning Opening, Crude Prices Rise Mod
Written by Steven Hansen
Econintersect's Economic Index has shown better growth for the second month in a row - but the economic outlook remains weak. The index remains near the lowest value since the end of the Great Recession. There remain recession warning flags in some of the data.