Market Wrap – Choppy US Markets, USD Above 90, and Rising Rates Continue
Chris Temple joins me to wrap up the markets today. What might become the new normal we saw US markets choppy and yields continue to rise after a weak 10 year note auction. On the USD side the dollar is rising but this might only be a short term bounce after a significant breakdown in the chart.
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Ira’s End of Day
You still trust banks?
Why?
If you don’t think the long-term trend for the dollar is down:
https://wolfstreet.com/2018/02/06/us-trade-deficit-china-japan-germany-eu-mexico/
Why?
FBI informant on Uranium One Breaks Silence Today
An informant who spent years gathering information on the Russian energy and uranium market industry for the FBI, met staff members of the Senate Judiciary Committee, House Oversight, and House Intelligence Committees on Wednesday. He gave explosive testimony on his years as an undercover informant providing information to the FBI on Russian criminal networks operating in the United States. He also contends in his testimony, and written briefs, to the FBI that Russia attempted to hide its ongoing aid to help sustain Iran’s nuclear industry, at the time the Obama administration approved the sale of 20 percent of U.S. uranium mining rights to Russia.
https://saraacarter.com/fbi-informant-uranium-one-breaks-silence-today/
greg hunter
Leaked Document Reveals Soros Backing Secret Plot To Overturn Brexit
“It also plans to target MPs and convince them to vote against the final Brexit deal to trigger another referendum or general election, according to a strategy document leaked from a meeting of the group.”
Copper price plunges to 8-week low
Frik Els | about 8 hours ago
Govt gives approval, financial sanction to build 12 nuclear power reactors
Updated: Feb 07, 2018 – Press Trust of India
Out of the 12 nuclear reactors, 10 will be indigenous Pressurised Heavy Water Reactors and two Light Water Reactors will be established in cooperation with the Russia.
Nick Hodge and Amir Adnani discuss Uranium Market Developments
Cambridge House – Feb 7, 2018
With the Au:Ag ratio flirting with 80:1, silver may present a better trading opportunity than gold
By Samson Li – 8th February 2018
(BLK.AX) (BKHRF) Record Month of Gold Production, Record Low AISC
http://blackhamresources.com.au/documents/record-month-gold-production-record-low-aisc/
Good to see Blackham Resources turning around their ship. I averaged down after the recent carnage in 2017 because many companies have issues in year of their production, but now in year 2 they are off to a great start and seem to be on a much better track.
Assets, People, & Strategy – Equinox Gold (EQX) (LWLCF)
Cambridge House – Jan 31, 2018
EQX – Equinox Gold: Building Mid-Tier Gold Producer
ResourceCapitalAG – Jan 28, 2018
Equinox Gold: Investor Presentation In Zurich
Samsung’s New Graphene Battery
ColdFusion – Jan 31, 2018
Great stuff from Chris