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Gold: Religion or Salvation?
What can you do if your investment thesis is not working? Look at the arguments of […]
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Gold Crash July 20
In early Asian trade (9:29am Australian time) Gold futures suddenly tanked 5% within seconds. There […]
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US June Retail Sales
US June retail sales (-0.3% m/m) came in below expectations (+0.3%). Excluding car and gasoline […]
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Tsipras announces referendum on bailout
From FT’s Peter Spiegel: “Alexis Tsipras, the Greek prime minister, has announced a national referendum […]
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Count-down to Grexit?
The ECB has painted itself into a corner. The table below is quite good. In […]
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Someone would like to see Greece burn
After the close of European equity markets the Sueddeutsche Zeitung ran the following story: Without […]
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EU-Greek talks end without deal
After the IMF left negotiations with Greece, the EU also declared Sunday’s talks to have […]
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May US Retail Sales
May US retail sales came in a bit better than expected (core +1.0% versus +0.7% […]