Posts by Kirill Zagalsky

June 24, 2016 |

The Vote Is In – Brexit Becomes Reality

Brexit

In a historic vote that shook financial markets on Friday, the people of Great Britain have voted to exit the European Union. While optimism over the nation remaining in the union seemed to be on the rise heading into Thursday’s vote, things changed quickly once the votes starting being tallied. Stock index futures, interest rates and currencies starting seeing massive volatility on Thursday night as the results came in. Brexit was becoming a reality… At one point, S&P 500 futures went “limit down” with a... Continue Reading

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June 10, 2016 |

Demand For Gold Soaring

found a bottom

The gold market has seen some solid gains since the beginning of this year. Investment demand for the yellow metal could be attributed to numerous factors including the economic slowdown in China, deflationary risks, ongoing geopolitical tensions, uncertainty over U.S. interest rates, and more. We would certainly have no trouble laying out a very bullish case for gold at this point, but it doesn’t matter what we think, it only matters what you think. We would make the argument that gold has many reasons to... Continue Reading

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June 10, 2016 |

Does a June Rate Hike Really Matter?

Close to the Fed

Since the beginning of 2016, a debate has been ongoing about the pace and timing of additional rate hikes by the Federal Reserve. The Fed raised rates for the first time in almost a decade back in December, and it was thought that the central bank would embark on a series of further hikes in 2016. Things haven’t quite worked out that way… The Fed has not raised rates again through the first five months of 2016 and has cited numerous reasons for waiting. China’s weakness, a... Continue Reading

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June 6, 2016 |

How to Build a Fortress of Gold and Silver

house

The road to retirement can be a long and arduous journey. There are many potential pitfalls along the way that can derail your efforts and set you back. The sooner you begin building your financial fortress, however, the more likely you will be able to not only meet your objectives, but perhaps exceed them. Here is one simple trick that has the potential to not only boost your retirement nest egg but also has the potential to protect the wealth you have worked so hard to... Continue Reading

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June 1, 2016 |

A Potential “Brexit” and Gold Explosion

England Flag

Gold has had a spectacular start to 2016 and the run higher could potentially be far from over. The reasons for gold’s strong performance year to date are numerous, with uncertainty over the global economy and the Fed’s plans regarding interest rates nearing the top of the list. Another issue near the top of the list is the potential for a vote by Great Britain to leave the European Union, a referendum scheduled to take place June 23, 2016. While this issue has become more... Continue Reading

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May 23, 2016 |

Can Gold and Rates Rise Together?

FOMC

Last week, the release of minutes from the latest Federal Open Market Committee (FOMC) meeting showed there is growing support for another rate hike to take place in June. This seems to be quite contrary to recent assessments by many analysts, who have cited several reasons that any further hikes would likely wouldn’t be seen until December, if at all in 2016. Perhaps this was another example of investor complacency. According to the minutes: “Some participants were concerned that market participants may not have properly assessed... Continue Reading

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May 20, 2016 |

The Dollar Index Could Be at the Cliff’s Edge

George Washington

The dollar index is a measure of the value of the U.S. Dollar versus a basket of other currencies. When the index is rising, the dollar is appreciating. When the index is declining, the dollar is depreciating. The dollar index is currently near a key previous low that, if breached, could potentially see a significant leg lower in the dollar’s value. That’s right. The greenback is precariously close to seeing what could be a significant decline against a basket of other currencies. And guess what.... Continue Reading

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May 6, 2016 |

Today’s Jobs Report Another Sign of Underlying Weakness

Graph

It’s the first Friday of the month and today has brought one of the most key pieces of economic data released each month in the employment situation report. The U.S. Department of Labor reported the country added just 160,000 jobs in April as the unemployment rate ticked up to five percent. This jobs number was significantly less than the consensus estimate of 200,000 jobs created. What might this data tell us? Despite much of the positive talk and rhetoric currently being circulated, the economy may... Continue Reading

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May 2, 2016 |

Why Silver Prices Could Double From Current Levels

Plant

The decline in silver prices in recent years has been widely publicized, and silver critics have used it as an example of why you shouldn’t buy silver. While silver’s decline from record highs was, in fact, steep and swift, the market appears to have found equilibrium at current levels. Now ask yourself this question: Would you rather buy something at all-time-highs or would you rather buy it at a substantial discount from those highs? Assuming you answered “buy at a substantial discount” then right now... Continue Reading

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April 27, 2016 |

3 Possible Catalysts for a Significant Rally in Gold This Year

Coin Collection

The gold market has gotten 2016 off to a good start. Investors have been buying the yellow metal as uncertainty over global economies and equities intensified. The interest seen in gold at the beginning of the year could potentially be just a glimpse of things to come. Gold appears to have found a meaningful bottom, and the market may be poised to resume its longer-term uptrend. While the possible reasons for a rally in gold are numerous, here are three potential issues that could potentially... Continue Reading

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