Commodity Trade Mantra

Posts Tagged ‘Foreign Exchange Markets’

A Technical Correction in Dollar can put some Pressure on Gold Prices

Given the relatively small amount of deliverable gold in the market at any one time, the gold price has the potential to be extremely volatile with this level of off-market speculation hanging over it. The wider public is slowly waking up to the horrors of negative interest rates & withdrawal of high-denomination bank notes, both which will almost certainly increase demand for physical gold.

Is This How the Next Global Financial Meltdown Will Unfold?

As emerging market currencies decline, income streams needed to service the dollar debt declines: as income & valuations fall, capital flees, pushing the relative value of the currency down even more, which further raises the risk premium which triggers even more capital flight. The sums in play are so staggering, even the Fed won’t be able to stop the financial meltdown.

China Destroys the “August is a Quiet Month Myth”

After a long period of pegging the Chinese yuan to the US dollar at about 6.1-to-1, China devalued the yuan in a sneak attack on August 11, devalued again Wednesday & Thursday. The total devaluation is almost 5%, the biggest devaluation in over 20 years. Normal daily volatility in foreign exchange markets is measured in 5 decimal places. 0.05% is a choppy day. 5.0% is an earthquake.

US Government Has Rigged Precious Metals Markets For 80 Years!

The 60 Minutes coverage only included the tip of the iceberg about how US stock, bond, currency, and commodity markets are manipulated. The US government has been involved in manipulating these markets since the mid-1930s! High frequency trading is just one small tactic used to rig markets.

UBS Investigated For Gold Manipulation- Gold Inquiry Goes Beyond London Fix

A number of authorities are reportedly investigating manipulation of precious metal prices. UBS will take appropriate action with respect to certain personnel as a result of its ongoing review. The last time the CFTC did an “in depth” investigation of manipulation in precious metals, it found – nothing.

The Next Big Rate Manipulation Scandal Is About to Break

The Swiss Financial Market Supervisory Authority (FINMA), according to its website on Friday, is “currently conducting investigations into several Swiss financial institutions in connection with possible manipulation of foreign exchange markets.”

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