Weekly Market Update

Market Action The British Pound continue its slide this past week. At one point dropped below $1.20. The fact that the British government may be preparing for a hard exit – which the Financial Times estimate could cost her between £20-40 billion – seems to be main...

Weekly Market Update

Market Action The IMF’s Global Financial Stability Report indicates that the one of the biggest dangers now is bank profits. Comex gold dropped significantly on Wednesday. Barrick, Freeport-McMoRan, and Goldcorp all reported bad news that day. Deutsche Bank...