Could Denmark Be The Next Country To Remove Its Currency Ceiling?

By: Susan Wade

Following on from Switzerland's removal of its currency ceiling, fears are mounting that the Danish central bank may soon follow suit, sending further shockwaves through the forex market.

Forex brokers like FxPro.co.uk, global banks and traders can only watch with bated breath, waiting to see whether the country removes the fixed exchange rate policy that's been in place since the 1930s.

Mounting Fears

In the aftermath of the chaos caused by the Swiss National Bank's (SNB's) shock decision to remove its currency ceiling, investors are now beginning to ask whether Denmark could soon do the same.

The move by the SNB means that Denmark is the last major economy in the world to peg its currency to the euro. Continue reading "Could Denmark Be The Next Country To Remove Its Currency Ceiling?"

Are The Markets Teetering At The Edge Of A Cliff?

Well, it certainly seems as though the equity markets cannot make up their minds which way they want to go. The question on every investor's mind is, is this going to be a major top in the market like 2007?

I remember reading an article years ago titled "They do ring a bell at the top of the market." It was an intriguing title and, of course, that's the reason I read the article. In essence, it boiled down to this, when the Federal Reserve starts raising interest rates, it can be a major negative for the market.

What will happen when interest rates start to move up again, as they invariably will? Are we going to see a move out of stocks and into safe yield bearing instruments again? Continue reading "Are The Markets Teetering At The Edge Of A Cliff?"

How the Five Principles of Capital Allocation Can Mean Gold Mining Success

The Gold Report: The price of gold is flirting with a five-year low. Do you attribute this solely to the strength of the U.S. dollar, or are there other factors at work?

Ralph Aldis: There are other factors. Most important is the strength of the equity markets. Looking at a six-year window, we have seen, for the third time in the last hundred years, the highest returns for such a period. This happened before in 1929 and 1999. These phenomenal returns have been fueled not by fundamentals but rather by the U.S. Federal Reserve, which is trying to jumpstart the economy.

All this has taken people's eyes off gold, but it won't go on forever.

TGR: The bear market in gold equities is now four years old. This means lower gold production and less exploration. Gold production from South Africa has collapsed. Shouldn't lower gold production result in a higher gold price? Continue reading "How the Five Principles of Capital Allocation Can Mean Gold Mining Success"

An Interesting Shale Play

Adam Feik - INO.com Contributor - Energies


One stock that has caught my attention the last couple months has been Pioneer Natural Resources (PXD).

Simply put, every analyst or article I've read agrees PXD has a solid balance sheet, exceptional management, favorable hedging positions through 2016, low production costs, and some of the most productive oil field acreage in the business. Plus, the stock seems to be trending higher within a trading channel that bears the appearance of a good strong bottoming formation – even while trading more than 30% below its 52-week high.

U.S. Shale Oil

Shale is still a dangerous place to play, no doubt about it. Oil and gas prices continue to flirt with a continuation of their precipitous declines since last June 20th. Further oil-price deterioration would surely affect shale companies like PXD.

On the other hand, if you're game for a little bottom-fishing and want to stay with high quality, take a look at Pioneer. Continue reading "An Interesting Shale Play"