Quiet Day Expected

Today is a US holiday which generally makes for an illiquid market in USDCAD which in turn could lead to some exaggerated moves. Not much in the way of economic releases this week although Wednesday’s Bank of Canada interest rate statement and Monetary Policy Report...

Understanding the Bond Bubble

The Swiss Peg cracked because of the flight of capital from Euroland. There is still a risk that the money flows more into treasuries going into the end of the summer. The more unstable Euroland APPEARS, the more capital will flee to the dollar. The higher the dollar,...

Silver has Probably Made its Low

In October, we alerted traders at SafeHaven to watch gold and silver prices for a development that could signal the market low: “Traders should be aware that gold and silver are likely to make their respective lows at approximately the same time, possibly even...
test-php-789