Iran’s Rouhani: "We Are Not Dismantling Our Nuclear Facilities; Iran Will Maintain Its Uranium Enrichment Programme"

In case there was any confusion just how “historic” last week’s agreement with Iran, loudly trumpeted by the Obama administration as the most “historic” since Syria in a, well, long time, truly was in terms of curbing Iran’s nuclear ambitions, here is … [...]

BofAML’s Top 10 Emerging Market Risks In 2014

While moderate recovery in growth and inflation is BofAML’s rates team’s base case, there are numerous risks to that forecast. The risk of tapering is already quite well known and they suspect it may not result in the significant market-moving event ma… [...]

"James Bond’s" Predictions for 2014…and Beyond

By: Chris Tell at http://capitalistexploits.at/ I first met Joe in Mongolia last year. He is one of the most fascinating men I’ve had the pleasure of meeting. A spook from the cold war with stories that would not be out of place in any spy novel. Trut… [...]

Coincidence? Israel Launches Largest Ever Air Force "Exercise" The Day After Iran Deal

We are sure it was all planned a long time ago but the irony is not lost on us. A day after the US pisses the Israelis off with a sorta kinda deal with Iran, for the first time in Israel’s history, the Israel Air Force launched the “Blue Fl… [...]

"We’ve Been Conditioned Over The Years To Trust Paper Money"

Today’s AM fix was USD 1,231.75, EUR 911.60 and GBP 760.57 per ounce.Friday’s AM fix was USD 1,241.75, EUR 918.59 and GBP 766.75 per ounce Download our eBook: 10 Important Points To Consider Before You Buy Gold Gold remained unchanged Friday, closi… [...]

Stock Futures Rise To New Record Highs On Carry-Currency Driven Ramp

Another day, another carry currency-driven futures melt-up to daily record highs (the all important EURJPY soared overnight on the return of the now standard overnight Japanese jawboning of the JPY which sent the EURJPY just shy of a new 4 year high of… [...]

Iran Nuclear Deal Done (-20% Uranium Production For $6-7bn Lifted Sanctions)

UPDATE: Details of the deal are emerging including $4.2bn in FX Despite earlier denials from Iran's Deputy FinMin, EU, Iran, and US officials have confirmed: *IRAN NUCLEAR ACCORD WITH WORLD POWERS ENDS 10-YEAR DEADLOCK *IRAN WILL HALT 20% ENRICHME… [...]

5 Things To Ponder This Weekend

Submitted by Lance Roberts of STA Wealth Management, It is hard to believe that the end of the year is fast approaching.  This weekend's list of things to ponder covers a range of issues that caught my attention as I prepare to write my annua… [...]

The U.S. Is Sending Americans’ Confidential Info Abroad … For the Same Reason It’s Outsourcing Torture to Foreign Governments

Torture doesn’t work to produce actionable intelligence. Indeed, it harms our national security and creates more terrorists. Because torture is blatantly illegal, the Bush and Obama administrations have tried to hide America’s torture by sh… [...]

China Fires Shot Across Petrodollar Bow: Shanghai Futures Exchange May Price Crude Oil Futures In Yuan

With the US shale revolution set to make America the largest exporter of crude, however briefly, the influence of Saudi oil is rapidly declining. This has been felt most recently in the cold shoulder the US gave Saudi Arabia and Qatar first over the Sy… [...]