Goldman Sees “Significant Risks” EU NatGas Prices Rally Higher Amid European Cold Snap
Goldman Sees “Significant Risks” EU NatGas Prices Rally Higher Amid European Cold Snap Samantha Dart, co-head of global commodities research at Goldman Sachs, said colder-than-average weather across the EU “is a stronger driver” than the halt in Russian NatGas exports via Soviet-era pipelines running through Ukraine, which will, in turn, pressure EU NatGas prices higher. By Friday, EU NatGas prices reached levels […]
Small Banks Suffer Big Deposit Outflows As Money-Market Funds Hit Record Highs Into Year-End
Small Banks Suffer Big Deposit Outflows As Money-Market Funds Hit Record Highs Into Year-End Money market assets surged again in the last week of 2024 to a new record high of $6.848 trillion and at the same time money flowed into bank deposits for the fifth straight week, recovering all the outflows from the SVB […]
‘Hush Money’ Case Judge Orders Trump Sentenced Ahead Of Inauguration, Signals No Punishment
‘Hush Money’ Case Judge Orders Trump Sentenced Ahead Of Inauguration, Signals No Punishment New York Supreme Court Justice Juan Merchan has rejected an attempt by President-Elect Donald Trump to dismiss his business records case and ordered sentencing for Jan. 10. “This Court finds that neither the vacatur of the jury’s verdicts nor dismissal of the […]
Breaking: NJ Eliminates Gold & Silver Tax + Banks Target $3,000 Gold
Tax-free precious metals trading comes to NJ, while banks project record gold prices. Plus: Alan Hibbard’s “explosive” 2025 prediction.
David Stockman On The Brewing US Debt Ceiling Crisis…
David Stockman On The Brewing US Debt Ceiling Crisis… Authored by David Stockman via InternationalMan.com, The MAGA folks are going to be in for a rude awakening. That’s because Donald Trump has been taking to the public stage in recent weeks promising a new “golden age” of American prosperity upon his return to the Oval […]
The Investing Rules Of Bob Farrell – An Updated Illustrated Guide
The Investing Rules Of Bob Farrell – An Updated Illustrated Guide Authored by Lance Roberts via RealInvestmentAdvice.com, In a recent discussion on TheRealInvestmentShow, Bob Farrell and his 10 investment rules were discussed, which elicited several email questions asking, “Who is Bob Farrell, and where are these rules?”. I often forget how old I have become, and the investing […]
Asian Gold Dynamics Shift: Currency Woes Hit India as China Anticipates Festival Boost
India’s gold market faces continued headwinds as domestic prices surge to 77,947 rupees per 10 grams, driven by the rupee’s record depreciation. Dealers maintain $14/oz discounts while religious observances (Khar Mass) further dampen demand. Conversely, Chinese markets show optimism with premiums jumping to $4.50-$10/oz, up from $2-$5, as Lunar New Year approaches. Despite regional jewelry […]
Rolex's Gold Models See Sharp Price Jump in 2025
Rolex’s 2025 pricing strategy reflects the dramatic impact of surging gold prices, with their precious metal timepieces seeing increases up to 14% compared to just 3% for steel models. The iconic Daytona in white gold exemplifies this trend, jumping from $35,000 to $38,100, while the yellow gold GMT-Master now commands $43,300. These adjustments follow gold’s […]
Fast-Money Quants Saw Big Year Go Bust in Wild Cross-Asset Ride
Quantitative trend-following funds saw their strongest start since 2008 evaporate as market volatility intensified across multiple asset classes in 2024. Despite early gains exceeding 30% for some funds, most finished with single-digit returns or losses. The Societe Generale trend-following index ended up just 2% as choppy markets in bonds, currencies, and commodities challenged momentum-based strategies.
Gold Surges 27% in 2024, Banks Project $3,000 Target
Gold’s remarkable 27% surge in 2024 marked its best performance in 14 years, with prices now hovering above $2,670 per ounce. Wall Street’s major players are projecting continued strength, with both JPMorgan and Goldman Sachs forecasting prices to reach $3,000 in 2025. This bullish outlook is supported by multiple factors: anticipated Federal Reserve rate cuts, […]