Gold prices reflect a shift in paradigm – Part I

Adding to the mixed messaging coming from the Trump administration regarding the war with Iran, President Trump suggested on Tuesday that he may have “forced Israel’s hand” when the conflict started. The president was responding to a question about Secretary of State Marco Rubio, who said on Monday that one reason why the US launched […]

Iraq’s Coordination Framework is still putting forward Nouri al-Maliki as its candidate for prime minister, despite President Trump loudly and repeatedly demand he be withdrawn. The US is now reportedly setting a deadline of Friday, February 27, to end the candidacy or face unspecified repercussions. If that sounds familiar, it’s because the US had similarly […]

10Y Yield Extends Rise After Surge In ISM Manufacturing Prices After ISM's almost unprecedented bounce higher in January, US Manufacturing dipped in February: S&P Global Manufacturing PMI fell from 52.4 to 51.6 - weakest in seven months ISM Manufacturing PMI fell from 52.6 to 52.4 (better than expected) And this is occurring as 'hard' data ebbs lower... “February saw US manufacturers report the weakest expansion since last July, in a further sign that the overall pace of economic growth has moderated in recent months," according to Chris Williamson, Chief Business Economist at S&P Global Market...