Looking Ahead To ECB Policy, Earnings Season, and The Oil Price
Marc Chandler, Managing Partner at Bannockburn Global ForEx and editor of the Marc To Market website joins me for a look ahead to the ECB meeting and upcoming earnings season. He also outlines the geopolitical issues that are helping to drive the oil price higher.
Click here to visit Marc’s free blog for valuable daily content.
Big Al,
I left an important reply to your Friday commentary on the Biden article by Noonan.
Some people will never believe our rulers could be criminals. Hell, most people do not believe their rulers are rulers!
Hell, most people don’t even know who their rulers are and can’t distinguish them from their rulers’ puppets!
Ira’s metals
https://youtu.be/s2SouI00FxU?t=12
Just another screwed up mess………
https://www.zerohedge.com/news/2019-04-08/rabobank-its-all-starting-sound-very-1930s
People should be concerned about return of their money as much as return on their money.
BUT THE SAME ALSO APPLIES TO BANKS THEMSELVES:
Is the US out of Bankruptcy yet………
Title 28, Section 3002
That was a good outline………thanks.
Inflation the most likely outcome, as he suggest.
Hedge is like most here have done…..gold, silver ..real estate…next get a business with cash flow.
You don’t think the Russians are preparing?
Goldcorp’s Ian Telfer rode the gold highs — but exits on a low note
Gold’s now a game of musical chairs — and Ian Telfer ensured Goldcorp is not left stranded
Gabriel Friedman – April 8, 2019
“Earlier this year, Telfer cut a deal to sell Goldcorp for US$10 billion — a 78 per cent hair cut from its peak valuation of US$45 billion back in 2011 when gold prices were soaring.”
“At the time, Goldcorp had been riding a years-long decline in its share price from above $50 in 2011 down to $13.47 in May 2018, and the worst hadn’t even come.”
“Last autumn, after reporting disappointing third-quarter results including higher than expected costs, Goldcorp shares went on to drop an additional nearly 20 per cent, to less than $9. Since 2017 it has had negative free cash flows, according to Morningstar Research.”
“By the beginning of the year, the whole company was being sold to Newmont Mining for US$10 billion, whose chief executive Gary Goldberg would criticize Goldcorp’s strategy as one focused on “volume” rather than profits.”
“If the Goldcorp sales goes through, it forms a remarkable ending for a company that as recently as 2014 was worth more than either Newmont or Barrick Gold Corp. — currently the two largest gold companies in the world.”
(SGN) Scorpio Gold Provides Update to Private Placement Including Potential Increase of the Size of the Private Placement
by @nasdaq on 8 Apr 2019
“As a result of an increase in the anticipated number of subscribers, the Company plans to have the convertible debentures administered by Computershare Trust Company of Canada pursuant to a convertible debenture indenture agreement. Additionally, the Company has increased the maximum size of the Private Placement to US$7,000,000, subject to acceptance by the TSX Venture Exchange.”
https://ceo.ca/@nasdaq/scorpio-gold-provides-update-to-private-placement-including
Why the U.S. Dollar looks vulnerable to a selloff against the Japanese Yen
Apr 8, 2019 – MarketWatch
https://www.youtube.com/watch?v=QsbaX_hdBsc
INTERESTING EPOCHtIMES
Fake News is going to pay!
Politicians are going to pay……!!
SLV:GLD has closed above the 20 day MA for the first time in over two months…
http://schrts.co/ydJktTYM
Valeura Energy, sym: T.VLE has gas in Turkey to supply to EU, low float.
So much for the cryptos……………Bankrupt……..
https://www.zerohedge.com/news/2019-04-09/canadian-crypto-exchange-quadrigacx-officially-declared-bankrupt
Ira’s morning
http://podbay.fm/show/589864479/e/1554779788?autostart=1
Did you know face/head regonition allows tracking of all people/vehicles within view from drones flying at 20,000 feet?
(You don’t need to look up at the drone, since head recognition works with hair/ears head shape, etc.)
Platinum ……$907….up $10….