Category: Markets

Gold steady at 1245.64 (-0.09). Silver 17.65 (+0.049). Dollar lower. Euro higher. Stocks called higher. U.S. 10-year 2.41% (unch).

Posted in Markets |

Gold higher at 1249.38 (+3.16). Silver 17.02 (+0.105). Dollar soft. Euro lower. Stocks called higher. U.S. 10-year 2.41% (+1 bp).

Posted in Markets |

Gold steady at 1245.19 (-0.90). Silver 17.52 (-0.056). Dollar steady. Euro lower. Stocks called lower. U.S. 10-year 2.41% (-1 bp).

Posted in Markets |

Record Number of Fund Managers Say U.S. Equities Are Overvalued

Bloomberg/Julie Verhage/03-21-17

Measures of stock valuation have been flashing caution for months. Humans are finally starting to take notice.

Fund managers now say stocks are the most overvalued they have been in nearly 20 years, according to a survey done last week by Bank of America Merrill Lynch.

PG View: With the DJIA off about 250 points, stocks are ever-so-slightly less overvalued today. And gold and silver remain very undevalued.

Posted in Markets |

Gold easier at 1232.90 (-1.89). Silver 17.43 (-0.035). Dollar lower. Euro higher. Stocks called better. U.S. 10-year 2.49% (+3 bps).

Posted in Markets |

Bitcoin steadies after biggest three-day tumble in over two years

Reuters/Jemima Kelly/03-20-17

Bitcoin regained its footing on Monday, having suffered its heftiest falls since early 2015 between Thursday and Saturday as investors sold the digital currency on worries about its future.

Having soared to an all-time high of $1,350 BTC=BTSP on the Bitstamp exchange on March 10, on speculation that regulators could approve the first U.S. bitcoin exchange traded fund the following day, the digital currency then slipped back.

Its falls began accelerating on Thursday and it hit a five-week low of $944.36 on Saturday. But bitcoin recovered a little on Sunday and built on those gains on Monday, climbing around 2.5 percent to roughly $1,050 by 1815 GMT.

PG View: Charles Hayter of Cryptocompare also said the “scaling debate is a risk for the network and highlights core issues in terms of governance.” That opens the door for competitors to challenge BitCoin’s supremacy.

Posted in Markets |

Policy uncertainty, protectionism can impact global economy: China finance minister

Reuters/Ryan Woo/03-20-17

China’s Finance Minister Xiao Jie, who attended last week’s G20 meeting, warned that momentum seen in the global economy could be curbed by policy uncertainties and the rise of protectionism.

G20 finance ministers and central bankers, in their communique issued following a gathering in the German resort town of Baden-Baden, dropped a pledge to keep global trade free and open, acquiescing to an increasingly protectionist United States.

Instead, they merely made a token reference to trade in their main communique by saying the G20 would work together to strengthen the contribution of trade to their economies.

Posted in Markets |

Gold higher at 1231.37 (+2.40). Silver 17.40 (-0.006). Dollar lower. Euro higher. Stocks called easier. U.S. 10-year 2.51% (+1 bp).

Posted in Markets |

Gold higher at 1229.43 (+2.75). Silver 17.36 (+0.052). Dollar higher. Euro lower. Stocks called mixed. U.S. 10-year 2.52% (-2 bps).

Posted in Markets |

Gold higher at 1232.04 (+11.32). Silver 17.49 (+0.148). Dollar better. Euro lower. Stocks called higher. U.S. 10-year 2.52% (+3 bps).

Posted in Markets |

Gold steady at 1201.67 (+0.79). Silver 16.93 (-0.032). Dollar lower. Euro higher. Stocks called lower. U.S. 10-year 2.5y% (-3 bps).

Posted in Markets |

Opinion: This titanic stock market has that sinking feeling

MarketWatch/Michael Sincere/03-14-17

The U.S. stock market keeps trending higher at a relatively brisk pace, but there are signs of trouble. Yet most investors seem blissfully unaware.

Veteran market technician Jeff Bierman likens investors nowadays to passengers and crew aboard the RMS Titanic . The ship’s captain ignored six warnings of sea ice in the area, and continued to travel at maximum speed. When the crew saw a large iceberg ahead, it was too late. After the Titanic hit the iceberg, most passengers did not realize the boat was doomed. To help distract passengers, the captain ordered the ship’s band to play, which they did — until 30 minutes before the boat sank.

PG View: Despite its weight, gold actually makes a really good portfolio life-preserver . . .

Posted in Markets |

Pound drops to lowest level since January after Brexit path cleared

MarketWatch/Barbara Kollmeyer/03-14-17

The U.S. dollar strengthened on Tuesday as the British pound fell to its lowest level since January against the buck, a day after U.K. lawmakers set the stage for Brexit talks to begin.Watch movie online The Transporter Refueled (2015)

However, market direction could shift in the coming day following the Federal Open Market Committee’s two-day meeting, which is scheduled to get under way later Tuesday and is widely expected to result in an interest rate hike.

Posted in Markets |

Gold higher at 1205.60 (+2.90). Silver 17.00 (+0.043). Dollar higher. Euro lower. Stocks called mixed. U.S. 10-year 2.61% (-2 bps).

Posted in Markets |

Oil touches three-month lows, as U.S. supply swells


Reuters/Amanda Cooper/03-13-17

Oil hovered around three-month lows on Monday, as rising U.S. inventories and drilling activity offset optimism over OPEC’s efforts to restrict crude output.

…The price has fallen by more than 8 percent since last Monday, its biggest week-on-week drop in four months, and analysts said the slide may not have much further to run.

“The market is bearish because sentiment has turned. The risk is still towards the downside, but we are nowhere near the precipice,” PVM Oil Associates Tamas Varga said.

PG View: Subtract energy prices from the inflation equation and is there any inflation at all? And then is there an need to raise rates to check inflation expectations?

Posted in inflation, Markets |

Gold steady at 1204.02 (-0.62). Silver 17.02 (-0.039). Dollar easier. Euro steady. Stocks called mixed. U.S. 10-year 2.57% (unch).

Posted in Markets |

Gold easier at 1198.66 (-1.44). Silver 16.93 (-0.017). Dollar lower. Euro higher. Stocks called higher. U.S. 10-year 2.61% (unch).

Posted in Markets |

Gold easier at 1207.36 (-1.84). Silver 17.24 (-0.016). Dollar lower. Euro better. Stocks called lower. U.S. 10-year 2.56% (unch).

Posted in Markets |

Gold lower at 1209.92 (-6.47). Silver 17.35 (-0.149). Dollar higher. Euro lower. Stocks called better. U.S. 10-year 2.57% (+5 bps).

Posted in Markets |

Bitcoin plunges sharply and suddenly

BusinessInsider/Jonathan Garber/03-07-17

Bitcoin plunged by more than $100 in a matter of minutes on Tuesday morning. The cryptocurrency was down about 1.5% at $1,260 a coin just after 6 a.m. ET before tumbling below $1,160 within 30 minutes. As of 7:12 a.m. ET it was down 5%, or $62, near $1,218 a coin.

While no headlines can be directly tied to the plunge, about two hours earlier a Bloomberg headline cited a People’s Bank of China official as suggesting the recent bitcoin regulation wasn’t temporary.

PG View: While Bitcoins move above the price of gold was big news last week, the press seems to be ignoring the plunge back below the price of gold. Typical . . .

Only ZeroHedge seems to have taken notice: Bitcoin Crashes Back Below Gold On China Chatter

Posted in Markets |

Gold lower at 1221.46 (-5.23). Silver 17.58 (-0.228). Dollar better. Euro easier. Stocks called lower. U.S. 10-year 2.51% (+1 bp).

Posted in Markets |

Deutsche Bank to ask market for $8.5 billion after big losses

CNNMoney/Jethro Mullen/03-06-17

After two years of heavy losses, Deutsche Bank is asking investors for $8.5 billion to help improve its financial health.

Germany’s biggest bank announced plans for the huge share sale on Sunday along with another overhaul of its strategy.

Deutsche Bank (DB) said it will seek to raise about €8 billion ($8.5 billion) in the coming weeks — its fourth capital hike since 2010. The four add up to a total of about €30 billion ($32 billion), more than the bank’s current market value.

Posted in Markets |

Regarder Logan (2017) film en ligne Streaming & Télécharger

image for film Logan 2017


Titre : Logan
Réalisé : James Mangold.
Libéré : 2017-02-28
Language : English,Espanol
Durée : 135 min.
Genre : Action, Drama, Science Fiction.
Le synopsis :

Les critiques élogieuses parues au cours des jours précédant la sortie en salles de Logan nous laissaient croire que le nouveau X-Men était un chef d'oeuvre du septième art. C'est avec excitation et quelques doutes en poche que nous sommes allés confirmer les dithyrambes. À la fois surpris et ravis, nous n'avons pu que constater que l'authenticité des glorifications de la presse : Logan est le meilleur film de la franchise et certainement l'un des meilleurs films de superhéros des dix dernières années.

C'est une panoplie de raisons qui justifient le succès de cette production : une réalisation sensible, une direction photo spectaculaire, des combats efficaces, des acteurs compétents, un scénario agile et une sensibilité ubiquiste et transcendante.

D'abord, Hugh Jackman. Le comédien (qui avait mentionné, il y a de cela quelques années, que le film Logan serait sa dernière apparition au cinéma dans le rôle de Wolverine) livre une performance spectaculaire. Son personnage, à la fois fragile, tourmenté et épuisé, est bien loin de la caricature ou d'un pastiche de ses propres interprétations passées. Le Wolverine dépeint dans Logan en est un grincheux, irritable, colérique et peu compatissant, mais il s'avère pourtant excessivement attachant. La petite Dafne Keen, qui incarne la mutante Laura, arrive à passer l'émotion sans avoir besoin d'employer des mots (parce qu'on ne peut pas dire qu'elle n'a pas beaucoup de répliques…) On comprend la souffrance de l'enfant sans qu'elle ait besoin de l'exprimer.

Patrick Stewart est également extraordinaire sous les traits d'un Professeur X vieillissant et sénile. L'équipe de maquillage mérite ici des éloges parce que l'acteur paraît avoir les 90 ans qu'on lui a conférés. La relation entre Wolverine et son vieil ami en est une très touchante. Bien que Logan n'ait pas la force psychologique pour se battre contre ses démons, il protège Charles comme un père. De ce duo atypique se dégagent aussi des pointes d'humour fabuleuses qui rendent l'ensemble un peu moins lourd.

Parce que, avouons-le, Logan est un film noir, lent et poignant où la violence est explicite (les têtes coupées tombent à un rythme effarant) et les drames douloureux. Cet aspect très sombre de l'oeuvre se révèle par contre être l'une de ses forces premières. Jamais on n'avait risqué auparavant une lourdeur de cette amplitude avec l'univers des X-Men. Il y a eu la franchise The Dark Knight de Christopher Nolan qui a osé apposer une touche de noir au monde de la bande dessinée, mais personne n'avait encore tenté l'expérience sur les mutants du Professeur X. Le résultat est plus que concluant! Les scénaristes ont même décidé de faire des liens directs avec les bandes dessinées originales en faisant d'un comic book un élément crucial dans l'intrigue.

Tant au niveau des effets spéciaux que des chorégraphies des combats, du montage sonore et de la réalisation, à la fois nerveuse et campée, Logan se distingue dans la cinématographie américaine, habituée à un carcan plus sage. Logan marquera les esprits d'une façon qu'aucun autre film des X-Men ne l'a fait auparavant. Le film plaira certainement aux irréductibles fans des bandes dessinées qui attendent depuis longtemps un long métrage aussi audacieux…

Posted in Markets |

Gold lower at 1229.63 (-6.15). Silver 17.75 (-0.135). Dollar lower. Euro higher. Stocks called mixed. U.S. 10-year 2.49% (+1 bp).

Posted in Markets |

Another warning sign is popping up in the stock market

BusinessInsider/Jonathan Garber/03-02-17

Add a flattening yield curve to the number of warning signs that are popping up and suggesting this historic stock-market rally is nearing an end.

…While stocks look unstoppable right now, there have been a number of warning signs — from declining volumes to a mismatch in volatility expectations and economic uncertainty — suggesting traders should tread carefully. The latest is coming from the bond market.

PG View: It’s okay to leave a little something on the table in stocks and roll a portion of your portfolio over into the undervalued gold market.

Posted in Markets |

Gold lower at 1238.85 (-8.59). Silver 18.35 (-0.078). Dollar higher. Euro lower. Stocks called mixed. U.S. 10-year 2.47% (+2 bps).

Posted in Markets |

Gold lower at 1242.36 (-4.51). Silver 18.39 (+0.029). Dollar higher. Euro lower. Stocks called higher. U.S. 10-year 2.44% (+5 bps).

Posted in Markets |

Gold steady at 1253.93 (+0.36). Silver 18.33 (+0.01). Dollar easier. Euro higher. Stocks called easier. U.S. 10-year 2.36% (-1 bp).

Posted in Markets |

Gold easier at 1254.50 (-3.31). Silver 18.35 (-0.023). Dollar lower. Euro higher. Stocks called lower. U.S. 10-year 2.34% (+3 bps).

Posted in Markets |

Gold higher at 1259.78 (+10.16). Silver 18.40 (+0.164). Dollar lower. Euro higher. Stocks called lower. U.S. 10-year 2.34% (-3 bps).

Posted in Markets |