The Traderszone Network

It’s easy to forget that Greece’s political and economic crisis dominated headlines last summer and that the country’s problems have not gone away.

In this week’s Trader Poll, tell us how you are trading oil – are you buying on rumor, selling on cynicism or looking for value elsewhere.

Our live blog is tracking reactions as the dollar made slight gains ahead of the Fed gathering in Jackson Hole this week.

Your economic date/event calendar for today 22 Aug 2016
Greetings one and all.
I trust you had a good week-end and ready for the week ahead.
Data wise it’s non-event today but let’s hope we get some opportunities nonetheless.

Measured in gold, the price of the dollar hardly budged this week. It fell less than one tenth of a milligram, from 23.29 to 23.20mg. However, in silver terms, it’s a different story. The dollar became more valuable, rising from 1.58 to 1.61 grams.

Most people would say that gold went up $6 and silver went down 43 cents. We wonder, if they were on a sinking boat, tossing about in stormy seas, if they would say “that lighthouse went up 5 meters.”

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The retired NBA star will unveil on Monday his venture-capital fund, a $100 million vehicle for investing in technology, media and data companies.
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