• Could Emerging Market Governments Default On Their Debts?

    2 monthes ago - By ETF Daily News

    From Palisade Research : The Congressional Budget Office just reported that the U.S. budget deficit is widening in a ‘big way'.
    And what's even worse - last month the net interest on public debt jumped 25% compared to last August.. .
    I wrote last January about the soaring cost of interest that the U.S. Treasury's paying on its outstanding debts. And it looks like things keep getting out of control - especially as the Federal Reserve continues raising rates .
    Besides this very expensive ‘interest' problem - the CBO reported that the U.S. budget deficit widened to its fifth highest ever...
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  • How Much Longer Can The U.S. Dollar Keep Gold Down?

    How Much Longer Can The U.S. Dollar Keep Gold Down?

    2 monthes ago - By ETF Daily News

    From Streetwise Reports : Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss the factors that they believe could cause a powerful rally in gold.
    Positioning, sentiment and market structure favor a powerful rally in gold. The COTs released by the CME on September 7, 2018, show the gross speculative short position grew 1.3% to 213,259 contracts, just shy of the all-time record set two weeks ago. On a net basis, speculators are short 13,500 contracts, the largest short position since December, 2001.
    The commercial net short position collapsed into negative territory for the...
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  • Keeping An Eye On U.S.-Germany Bond Yield Spreads

    Keeping An Eye On U.S.-Germany Bond Yield Spreads

    2 monthes ago - By ETF Daily News

    From BlackRock : We see room for the U.S.-Germany bond yield spread to modestly widen. Richard Turnill explains why.
    The gap between the 10-year U.S. and German government bond yields has steadied at elevated levels after a long period of widening. Why is this important? This yield spread is a barometer of the relative long-term growth outlooks and interest rates expectations in the two economies. We see room for further modest widening of the spread, reflecting better long-term growth prospects and a faster pace of monetary policy normalization in the U.S.
    The relative long-term economic...
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