Gold Prices Shine to 8 Month High

Gold prices are catching bid and the eyes of traders as it prints levels not seen in 8 months. Much of this is on the heels of a weak US Dollar as we see EUR/USD print new 2016 highs while the USD/JPY prints new 2016 lows. Read more »

GBP/USD: waiting for a miracle

GBP/USD: waiting for a miracle to come. GBP/USD continues to oscillate around 1.4400. As I wrote a couple of weeks back, I thought a clear break of that level would open the door to a more serious correction higher. Read more »

Dow Jones Industrial Average (DJIA) 2015 inspires confidence

Dow Jones Industrial Average (DJIA) 2015 inspires confidence. The US stock market closed trading on Thursday fall on a background of negative dynamics on the part of the sectors of oil and gas, raw materials and industry. At the close on the New York Stock Exchange Dow Jones fell 0.94%, the S & P 500 fell 0.86%, NASDAQ Composite Index fell 0.79%. Read more »

US Dollar (USD) Exchange Rate Forecast 2015: USD/EUR Drops on Greek Renaissance, USD/GBP out of reach

US Dollar (USD) Exchange Rate Forecast 2015: USD/EUR Drops on Greek Renaissance, USD/GBP out of reach. The US Dollar climbed significantly against the Australian Dollar on Thursday after upbeat US labour market data and weak Aussie stats emerged, while the US Dollar to Pound Sterling (USD/GBP) and US Dollar to Euro (USD/EUR) exchange rates declined moderately as the European currencies remained buoyant. Meanwhile the Russian currency after the recent strengthening of again losing ground – especially in the last 10 days the ruble sank against the dollar by 12 percent. Read more »

Who is mr. Putin: a brief biography of Russian President (part 1)

Who is mr. Putin: a brief biography of Russian President (part 1). Putin’s youth. Crime portrait of Putin According to various domestic and foreign media the period of 1990-1999. Here is just a small part of these messages. On 13 May 2000 in Vaduz, capital of Liechtenstein, was arrested lawyer Rudolf Ritter, brother of the Minister of Economy of Liechtenstein. A little earlier, in April, the Western press leaked report of the German secret service BND, where Ritter was named agent of the Colombian “cartel” Ochoa brothers and Russian organized crime. Read more »