Private Blog – Market Report 9-2 – RussiaGate and Euro Collapse

I have a new Market Report up for my subscribers on Patreon discussing how the link between Russia's Oleg Deripaska and the FBI is having an effect on markets around the world, especially euro markets. You can sign up for these twice weekly market reports by pledging $4/month at my Patreon.

Lira Collapse To Jump the Mediterranean

The Turkish Lira crisis is fundamentally different than the Russian Ruble crisis of 2014/15.  This one has contagion risk. Back then no one was worried about the fall of the ruble having spillover effect.  If Sberbank failed, it wouldn't jump to Europe.  Then again, there was little worry about that since the Russians had more … Continue reading Lira Collapse To Jump the Mediterranean

Merkel Survives Seehofer, Next up Trump

Angela Merkel caved to Horst Seehofer, who went for her jugular earlier this week.  But, the real question is for how long will this 'deal' she's accepted hold together? We don't know the details of it, but if Seehofer got his way on rejecting migrants at the German Austria border after registering in another country, … Continue reading Merkel Survives Seehofer, Next up Trump

Private Blog – Euro & Gold Update as Merkel’s Fate Looms

I have a new Private Blog post up for my subscribers on Patreon discussing the ramifications of today’s big news out of Germany and how Horst Seehofer's resignation is affecting Gold and the Euro, along with Q2 closing price commentary. If you’d like to subscribe to the Private blog head over to my Patreon to sign up for it … Continue reading Private Blog – Euro & Gold Update as Merkel’s Fate Looms

Draghi Trapped, Euro Slapped, Gold and Silver Uncapped

Mario Draghi finally admitted he is trapped.  There is no exit from his negative interest rate policy that doesn't end in tears.  Now that he has a political reason to be dovish, Trump's aggressive trade and tariff policy towards the EU, he did so this morning. The latest policy statement from the ECB is a … Continue reading Draghi Trapped, Euro Slapped, Gold and Silver Uncapped