Precious Metals Markets on the Up Again

With the recent breakout to the upside confirmed in both Gold and Silver markets and the current move gathering momentum, it appears likely that we are entering the next substantial leg upwards in precious metals. Watch for next week’s preliminary decision of the Constitutional Court in Germany though, the outcome of which may severely affect further goings-on around the troubled euro or single European currency and could — even if just for a relatively short period of time — upset both European and wider international markets and, thus, might offer an additional short window of opportunity for getting long the...

Gold, Silver Markets on the Up Again

With the recent breakout to the upside confirmed in both Gold and Silver markets and the current move gathering momentum, it appears likely that we are entering the next substantial leg upwards in precious metals. Watch for next week’s preliminary decision of the Constitutional Court in Germany though, the outcome of which may severely affect further goings-on around the troubled euro currency and could — even if just for a relatively short period of time — upset both European and wider international markets and, thus, might offer an additional short window of opportunity for getting long the market.

Strains Tearing Euro Currency

Copenhagen, Denmark and Hamburg, Germany — The Eruopean single Currency or Euro has been in circulation throughout the 17 countries of the EMU (European Monetary Union, which is not congruent with either the original European Economic Community nor the so-called European Union) and has become a fact of life in these countries for almost ten years now. This does not mean it will last for another ten years though, at least in its current extent. Even apart from its brainlessly reality-blind name Euro and other signature marks of market-detached bureaucrats trying to usurp a more or less liberal culture in Europe and turn it into some...

TMMR, 29 July 1996

THE MORNING MARKET REPORT, Monday, July 29, 1996 100022.1345@compuserve.com Fax: +44 844-812 5897, Toll-free U. S. customer service: 1-800-493-1126   NEWS FLASH: WASHINGTON. The U. S. and Japan try avoiding a trade war over access to chip markets when the current treaty allowing the U. S. 20% of the Japanese market runs out later this week. Negotiations are on the way for new regulations. Japan complains about U. S. claims for a guaranteed share of the market, wants market forces to rule instead of bureaucratic intervention, and wonders why it is just the U. S. that seem to oppose ungoverned...

TMMR, 26 July 1996

THE MORNING MARKET REPORT, Monday, July 29, 1996 100022.1345@compuserve.com Fax: +44 844-812 5897, Toll-free U. S. customer service: 1-800-493-1126   NEWS FLASH: NEW YORK. Better than expecte d results at computer manufacturers IBM gave Wall Street a strong rally yesterday, jumped on to by Asian stock markets earlier today. IBM stocks were marked up by 10% for the company ’s obvious success in fighting back at its rivals. This is another example of high technology stocks providing the direction of stock market moves, after Hewlett Packard ’s bad news triggered Wall Street ’s dramatic losses on Monday, July 15, and...