Author: Admin

Gold shows up in places most people never think about. It’s in the jewelry case, but it’s also in dental crowns, industrial connectors, and electronics components that get thrown away every day. The properties that make gold valuable for investment are the same properties that make it useful across a wide range of industries, and that usefulness is exactly why gold scrap holds real value no matter where it comes from. Here are a few facts about gold that go beyond the usual trivia, and why they matter if your business handles gold in any form. Gold is Nearly Indestructible…

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    Prop Trading Relative Drawdown   A prop trader can make money, give back the profit, and fail an evaluation without ever falling far below the starting account balance. The reason is a rule many traders overlook: relative drawdown. Most traders begin a prop firm evaluation with two numbers in mind: the profit target and the maximum loss allowed. If they start with a $100,000 account and need to earn 10%, they know the target is $110,000. If the firm also advertises a 5% drawdown limit, they may assume they can keep trading as long as the account stays…

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      U.S. Jobs Report – A weak U.S. jobs report would once have been clearly bullish for bonds. Friday showed why that relationship may be becoming far less reliable. September’s employment report initially delivered what rate-sensitive markets were looking for: weaker-than-expected nonfarm payrolls, a tick up in the unemployment, slower wage growth and downward revisions to the prior two months. It was like a perfect storm. Treasury yields fell sharply and other markets followed its lead. Then the trade reversed. Treasury yields moved higher, the dollar recovered, while gold and Bitcoin more than gave back their initial gains.…

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SUN: Brazil Election, OPEC+ MON: Global Final PMIs (Sep), EZ PPI (Aug), US ISM Services (Sep) TUE: EIA STEO, German Factory Orders (Aug), French Industrial Production (Aug), EZ Construction PMI (Sep), EZ Retail Sales (Aug), US Balance of Trade (Aug) WED: US Treasury Buyback (Liquidity Support; 20Y-30Y), FOMC Minutes (Sep), NBP Policy Announcement (Oct), German Industrial Production (Aug), Swedish CPIF (Sep), French Balance of Trade (Aug) THU: UK Holborn and St Pancras parliamentary by-election, ECB Minutes (Sep), Banxico Minutes (Sep), German Balance of Trade (Aug) FRI: S&P Credit Review on UK, Norwegian CPI (Sep), Swedish GDP (Aug), Canadian Jobs Report…

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