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Archive Monthly Archives: September 2018

S&P Futures Jump As EMs Hit By Trade Fears; Pound Slides, Dollar Rebounds

Asian stocks and emerging markets slumped, while European stocks rebounded from early losses as S&P futures traded 10 points higher after an early morning burst of buying, with US cash markets closed for Labor Day. The pound dropped after Theresa May’s Brexit proposal came under attack, while the dollar initially declined then rebounded in a […]

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Escobar: 'The Axis Of Gold' And A Persian Cryptocurrency?

Authored by Pepe Escobar via The Asia Times, Cryptocurrencies show promise as economies stumble under sanctions and other pressures… The Iranian rial: crash. The Turkish lira: crash. The Argentine peso: crash. The Brazilian real: crash. There are multiple, complex, parallel vectors at play in this wilderness of crashing currencies. Turkey’s case is heavily influenced by […]

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China Moves Into Afghanistan As Part Of Its Global Expansion Mission

Authored by Retired Colonel Lawrence Sellin, op-ed via The Daily Caller, For many, it was a stunning development. China will build a brigade-size military training facility in the strategic Wakhan Corridor, the land bridge between Tajikistan and Pakistan, which is located in Afghanistan’s northeast Badakhshan province and borders China. Although Beijing denied the claim that hundreds of […]

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Jim Rogers: "Before This Is Over, Gold Might Turn Into A Bubble"

Authored by Umair Tariq via ValueWalk.com, Famed investor Jim Rogers, chairman of Rogers Holdings, told Kitco News that while he is not yet buying gold at current levels, a rebound in the yellow metal could cause it to overheat. “Before this is over, gold could turn into a very overpriced asset, it might even turn […]

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