Bitcoin Investors Are Moving to Gold By Cointelegraph


© Reuters. Van Eck Associates CEO: Bitcoin Investors Are Moving to Gold

Jan Van Eck, CEO of Van Eck Associates, suggested that (BTC) investors have moved to gold during an interview with CNBC published on Jan. 26.

Van Eck declared that he thinks “that Bitcoin pulled a bit of demand away from gold last year, in 2017.” Afterward, he concluded:

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Gold / Silver / Copper Prices – Weekly Outlook: Jan. 28


© Reuters.

Investing.com – This week precious metal traders will closely monitor movements in the U.S. dollar, one of the biggest factors for gold, ahead of a U.S. Federal Reserve meeting where the central bank is widely expected to leave interest rates unchanged.

As well as the Fed meeting, traders will be awaiting an expected update on U.S. fourth quarter growth on Wednesday and Friday’s U.S. government employment report for January. The ongoing trade negotiations between the U.S. and China will also be closely watched.

The Fed will conclude its two day policy meeting on Wednesday and is widely expected to hold rates steady after raising them in December for a fourth time in 2018. The U.S. central bank has indicated that it will hike rates twice this year, but some officials have recently adopted a more dovish tone.

Investors will be hoping for more clarity on the possible future path of monetary policy from Fed Chairman Jerome Powell’s post policy meeting press conference on Wednesday. Last year Powell announced that he would hold a press conference after each policy meeting, a change from the previous quarterly schedule.

On Friday, the Labor Department is to publish its nonfarm payrolls report for January, which will offer insight into the overall health of the U.S. economy and the possible impact of the partial government shutdown. The consensus forecast is for a gain of 160,000 jobs after an impressive reading in December, when the economy added 312,000 jobs.

The U.S. is scheduled to publish advance figures on fourth quarter gross domestic product on Wednesday, but the data could be delayed as a result of the recent shutdown. Meanwhile, the Institute for Supply Management will release its latest U.S. manufacturing index on Friday.

Chinese officials are to arrive in Washington on Wednesday to continue trade talks with the U.S. aimed at resolving the long-running trade war between the two countries. Officials have until March 1 to reach a deal after which U.S. President Donald Trump has said he could move forward with fresh tariffs on Chinese imports.

The U.S. dollar fell to a more than one-week low on Friday after Trump announced a tentative agreement with lawmakers to end a partial U.S. government shutdown for three weeks.

Late Friday, the was down 0.86% at 95.47, the weakest level since Jan. 15, for a weekly decline of 0.55%. On Thursday, the index hit a three-week high of 96.37.

This made gold, which is traded in dollars, cheaper for holders of other currencies.

settled up 1.77% at a more than seven month high of $1,302.40 on the Comex division of the New York Mercantile Exchange late Friday.

“The major catalyst supporting gold is a big drop in the dollar, amid expectations the Fed will reiterate a pause to its hiking cycle next week,” said Fawad Razaqzada, an analyst with Forex.com.

Gold tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding non-yielding bullion.

“There are also some rumours that the Fed is backing off their quantitative tightening program, which would mean they are going dovish. This would in turn mean a probable end of rate hikes in 2019, which would be supportive for gold,” said Bob Haberkorn, senior market strategist at RJO Futures.

Elsewhere in metals trading, was up 2.97% to $15.75 a troy ounce, while ended at $2.733 up 3.35% for the day.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, January 28

The Bank of Japan is to publish the minutes of its latest policy setting meeting.

European Central Bank President Mario Draghi is to testify about the economy and monetary policy before the European Parliament Economic and Monetary Affairs Committee, in Brussels.

Bank of England Governor Mark Carney is to speak at an event in London.

Tuesday, January 29

New Zealand is to publish trade figures.

The U.S. is to release a report on consumer confidence compiled by the Conference Board.

Wednesday, January 30

Australia is to publish inflation figures.

The U.K. is to release a report on net lending.

Germany is to release preliminary inflation numbers.

The advance estimate of U.S. fourth quarter growth is scheduled to be published, but could be delayed in the wake of the recent government shutdown.

The U.S. is to publish the ADP nonfarm payrolls report as well as data on pending home sales.

The Federal Reserve is to announce its federal funds rate and hold a press conference to discuss the monetary decision at its first meeting of the year.

Thursday, January 31

China is to publish data on manufacturing and service sector activity.

The euro zone is to release a preliminary estimate of fourth quarter growth as well as the latest unemployment figures.

Canada is to produce figures on monthly GDP growth and raw material price inflation.

The U.S. is scheduled to release figures on personal income and spending, as well as data on the core PCE price index and a look at business activity in the Chicago region.

Friday, February 1

China is to publish its Caixin manufacturing PMI.

The U.K. is to release data on activity in its manufacturing sector.

The euro zone is to publish preliminary inflation data.

The U.S. is to round up the week with the government nonfarm payrolls report for January along with a report from the Institute of Supply Management on manufacturing activity and revised figures on consumer sentiment from the University of Michigan.

— Reuters contributed to this report



Spot Gold Races to $1,300 on Bets for No Fed Hike By Investing.com


© Reuters.

Investing.com – The conviction the Fed won’t be raising rates anytime soon is pushing the dollar down and jacking spot gold back around the key $1,300 level.

The seven-month highs in bullion’s price on Friday was accompanied by a rally in palladium, although the auto-catalyst metal fell short of making new all-time highs above $1,400 per ounce.

The traded at $1,297.94 per ounce by 1:00 PM ET (18:00 GMT), after reaching $1,300.33 earlier, its highest since June.

On the New York Mercantile Exchange’s Comex division, the most-active contract gained $17.25, or 1.4%, to $1,297.05 per ounce. The session peak was $1,299.65. Since hitting its own highs of above $1,300 on Jan. 4, Comex gold has traded in a band of $10 to $15 under that peak.

The , a contrarian trade to precious metals, slid on expectations that next week’s Federal Reserve meeting will not yield another rate hike like in December. Fed funds futures are pricing in a 98% chance that the FOMC keeps rates steady, according to Investing.com’s .

The Fed raised rates four times last year but Fed Chairman Jerome Powell has since indicated a willingness to be “patient” with tightening based on economic performance. Other Fed governors have also been dovish.

Further weighing on the dollar was the euro, which rose after the European Central Bank said it will delay, but not do away with, the bloc’s eventual rate hike. The yuan also rose on hopes of an imminent resolution to the U.S.-Sino trade dispute.

“The fact that gold has so far refused to go down meaningfully from around the $1295-$1300 resistance area suggests that the selling pressure has not been strong as some would have expected from around this key hurdle, ” said Fawad Razaqzada, analyst at forex.com.

“So, as things stand, gold looks poised for another potential breakout above $1300, which could then lead to further technical follow-up buying pressure in early next week.”

The traded at $1,360.50 per ounce, up $37.60, or 2.8%. The session peak was $1,362.95.

Spot palladium hit all-time highs of $1,440.35 on Jan. 17, making it the world’s most valuable traded metal currently, although gold had reached record highs above $1,900 previously.

The most-active contract on Comex jumped $38.80, or 3%, to $1,319.50 per ounce.

In other metals trading on Comex, gained 37 cents, or 2.4%, to $15.67 per ounce.

rose by $13.50, or 1.7%, to $818.50 per ounce.

In base metals, climbed 8 cents, or 3%, to $2.72 per pound.



Guns and corsets: Firearms industry strikes gold marketing to women


LAS VEGAS (Reuters) – Entrepreneur and fashion designer Anna Taylor is trying to bring back the corset — not to revive Victorian lingerie but to give women a place to carry their handguns.

Anna Taylor, founder and CEO of Dene Adams, displays a concealed-carry holster for women at the SHOT (Shooting, Hunting, Outdoor Trade) Show in Las Vegas, Nevada, U.S., January 22, 2019. REUTERS/Steve Marcus

“I don’t know that the corset’s ever been out of fashion, but it’s never been so useful,” Taylor said in Las Vegas at this year’s SHOT Show, the largest trade show for the firearms industry.

After overlooking the women’s market for years, the firearms industry now sees women as the drivers of growth. Gun sales have declined since peaking in 2016, with companies like Remington Outdoor Company Inc going through bankruptcy reorganization last year, but the women’s share of the market has been growing.

Women have led the change, both as consumers and as entrepreneurs in the world of accessories, forcing gun-makers to follow their lead.

Retailers estimate women accounted for 23 percent of the $44 billion retail market for firearms and accessories in 2016, up 7 percentage points from 2010, according to data from the National Shooting Sports Foundation, which runs the Shooting, Hunting and Outdoor Trade (SHOT) Show.

U.S. firearms sales peaked at 15.7 million in 2016, according to NSSF data. Sales fell to 14 million in 2017 and are on pace to dip again in 2018. The trend reflects politics, with sales driven by fears that a Democratic president will limit gun rights.

CORSETS AND YOGA PANTS

Taylor created her own company, Dene Adams, in 2013 upon growing frustrated over the lack of holsters for women.

She sewed a neoprene mouse pad into one of her corsets for her first prototype, and now has a lineup of 13 holsters for Dene Adams. Sales reached $250,000 in 2014 and grew to $1 million in 2018, she said.

Among the hot items this year are yoga pants with enough support in the waistband to carry the weight of a gun. Taylor also pulled up the hem of her skirt, showing off her compression shorts with a built-in thigh holster that allows a woman to pack a piece whether she is dressed for a night on the town or Monday morning at the office.

Men’s holsters have traditionally been designed around the belt, but because women wear a variety of outfits they need options in the bra, waist, belly, underarm, thigh, ankle and purse. That also means women need to practice their draw from multiple angles.

Firearms companies once engaged in what is derisively called “pink it and shrink it,” offering traditional guns in feminine colors and promoting smaller guns to fit a woman’s hand, which is not necessarily a solution as lighter guns have more recoil.

Carrie Lightfoot created the Well-Armed Woman in 2012 to give women easier access to information and products and now has 400 chapters across the United States.

Lightfoot said gun makers such as Glock Inc, Sturm Ruger & Company Inc and Walther have since developed more sophisticated products and design changes.

Paul Spitale, a senior vice president at Colt’s Manufacturing Company, said the company made famous by the .45-caliber handgun offers a wider range of 9-millimeter options, in part because the 9 mm is by far the most popular choice for women.

The female dollar has also affected the traditionally macho culture of guns and hunting. Major gun and ammunition makers now sponsor female competitive shooters.

SHOT Shows used to feature gun-toting models in high heels and push-up bras but exhibition booths now are staffed by knowledgeable women dressed in polo shirts and tactical gear.

“When I walked into my first SHOT Show in 2009, I was stunned” at what she called the “booth babes,” said Claudia Chisholm, owner of Gun Tote’n Mamas, a company that makes purses for carrying handguns. “It hasn’t caught up yet with the rest of society, but it’s a lot better. Thank God.”

Slideshow (11 Images)

Sales of her handbags, designed to enable women to draw within two seconds, have grown 1,000 percent in the past five years, Chisholm said.

While the U.S. gun rights debate rages, women see their weapons as empowering. At a time when the #MeToo movement has raised awareness of sexual assault, firearms are “the great equalizer,” said Dianna Muller, a retired police officer from Tulsa, Oklahoma, who is now a full-time professional shooter.

“Growing up, my generation of women have been told we can do anything that we want,” she said.

Reporting by Daniel Trotta; Editing by Dina Kyriakidou and Lisa Shumaker



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Gold Prices Inch Up as Traders Await Further News on Sino-U.S. Trade Talks By Investing.com


© Reuters.

Investing.com – Gold prices inched up on Friday in Asia as traders await the upcoming Sino-U.S. trade talks scheduled for next week.

U.S. Secretary of Commerce Wilbur Ross told CNBC in an interview that he is concerned that the two nations remain “miles and miles” apart on trade, although he acknowledged there is a “fair chance” of a trade deal.

“Trade is very complicated. There are lots and lots of issues,” he said.

On the other hand, White House Economic Adviser Lawrence Kudlow said President Donald Trump is optimistic about trade talks, adding that he expected the January jobs report would be up a significant amount.

Comex last traded at $1,280.85 by 1:23 AM ET (6:23 GMT), up 0.1%. Gold prices slumped to their lowest level of the year on Thursday, as future prices hit their weakest level since Dec. 27 at $1,275.65 a troy ounce.

Meanwhile, the that tracks the greenback against a basket of other currencies was down 0.2% to 96.080.

A softer dollar makes gold less expensive for holders of other currencies.

In other news, traders continued to monitor the economic impact of the longest U.S. government shutdown in history. The shutdown is now in its 34th day, as two bills to end the partial shutdown failed to win enough votes in the Senate.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Palladium’s Slide Accelerates on Dollar’s Rise; Gold Down Too By Investing.com


© Reuters.

The Sino-U.S. trade dispute and the longest U.S. government shutdown ever is giving the dollar a bid, accelerating a much-speculated correction in palladium and forcing gold to consolidate too.

The , a contrarian trade to precious metals, rose by 0.6% to 96.333 by 2:20 PM ET (19:20 GMT) after U.S. Commerce Secretary Wilbur Ross said the United States and China were a long way from resolving their trade dispute, although he cited a fair chance for a deal.

Meanwhile, government data showed the number of federal employees filing for unemployment more than doubled in the second week of January as workers missed their first paychecks.

On the New York Mercantile Exchange’s Comex division, the most-active contract settled down $4.30, or 0.3%, at $1,285.90 per ounce.

The most-active contract on Comex settled down $27.50, or 2.1%, at $1,280.70 per ounce.

traded at $1,321.70 per ounce, down $30, or 2.2%. The session low was $1,316.25.

The spot price of palladium hit all-time highs of $1,440.35 a week ago, making it the world’s most valuable traded metal, although gold had reached record highs way above that in the past, scaling $1,900 an ounce. Palladium’s recent rally had, however, prompted analysts to call for a correction.

The trading division of Japan’s Mitsubishi are among those calling for lower palladium prices in the near-term, forecasting an average of $1,150 this year and a trading range of $1,050-$1,350.

“There is no shortage of the sponge form of the metal at present, and with Chinese, U.S. and European car sales all slowing down, we question whether palladium demand in auto catalysts may have peaked.” Mitsubishi said.

While a section of the market continues to think the auto-catalyst metal is in a supply deficit, such a perception is “unlikely to continue to justify record-high prices and the extreme tightness seen in the forward market”, added Mitsubishi.

Societe Generale (PA:), meanwhile, said it had a “moderately bullish outlook” on gold, forecasting $1,300 an ounce in six months and $1,375 in 12 months.

In other precious metals on Comex, slid by 8.3 cents, or 0.5%, to $15.30 per ounce.

rose by $7.10, or 0.9%, to $803.50 per ounce.

In base metals, fell 1.0 cent, or 0.4%, to $2.64 per lb.



Gold Prices Slump to Fresh 2019 Low as Dollar Firms By Investing.com


© Reuters.

Investing.com – Gold prices slumped to their lowest level of the year on Thursday, as a firmer dollar dulled the appeal of the yellow metal.

Comex hit their weakest level since Dec. 27 at $1,275.65 a troy ounce. It last traded at $1,277.45 by 8:40 AM ET (13:40 GMT), down $6.55, or around 0.5%.

Meanwhile, was trading at $1,278.64 per ounce, down $4.14, or almost 0.3%.

The , which measures the greenback’s strength against a basket of six major currencies, rose to 96.29, the best level since Jan. 3.

A stronger dollar can be a negative for commodities priced in the currency, making them more expensive to users of other currencies.

Elsewhere in metals trading, lost 9.3 cents, or about 0.6%, at $15.28 a troy ounce.

, which hit a record high of $1,434.50 earlier this month, tumbled almost 1.9% to $1,283.80.

was down roughly 0.1% at $795.30.

Elsewhere, March dropped 0.5% to $2.642 a pound.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



EU ministers reject easing of liquidity rules for gold trading By Reuters


© Reuters. FILE PHOTO: A pedestrian walks past a window displaying a representation of a gold bar at a bullion broker in Piccadilly, London, Britain

By Peter Hobson

LONDON (Reuters) – European finance ministers have rejected a proposal to ease new liquidity rules for banks trading gold, the London Bullion Market Association (LBMA) said.

The industry says the planned rules could force some players out of the market. Due to take effect in the European Union around 2022, they form part of regulations known as Basel III designed to make banks more stable and prevent a repeat of the financial crisis a decade ago.

The rules treat physically traded gold like any other commodity, requiring banks to hold more cash to match their gold exposure as a buffer against adverse price moves.

The LBMA says they are unnecessary, costly and would disrupt London’s bullion clearing system, which settles gold transactions worth around $23 billion a day.

EU finance ministers rejected a proposal by the European Parliament to lower the percentage used to calculate the liquidity buffer that banks must hold to 50 percent from 85 percent.

Instead, the European Banking Authority (EBA) will examine whether to lower the percentage or exempt precious metals from the buffer, known as the net stable funding ratio (NSFR), the LBMA and the European Council said.

“We are still optimistic,” said the LBMA’s general counsel, Sakhila Mirza. “While we were hoping for that 50 percent, ultimately our aim has always been getting an exemption.”

The LBMA, whose members include major gold refiners and bullion-trading banks, says gold is liquid enough not to need an additional liquidity buffer for clearing and settlement and short-term transactions.

It says the rules could mean a number of banks stop trading or settling gold, curtailing market liquidity. London is one of the world’s biggest bullion markets.

Mirza said the review was likely to last two years. The EBA will then make recommendations which would have to be approved by the European Commission, parliament and council of ministers.

She said the LBMA was preparing to lobby the EBA and that data the LBMA began publishing last year showing for the first time how much gold and silver trades in London each day would help convince the EBA of the need for an exemption.

While Britain plans to leave the European Union this year, the EU’s approach is likely to inform how Britain applies the Basel III requirements.

A European Council official said the EBA had been tasked with reviewing the NSFR requirements for precious metals and did not comment further.  

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Gold, Palladium up Slightly as Precious Metals Continue Their Shuffle By Investing.com


© Reuters.

Investing.com – One step forward, two steps back: Precious metals kept up with their trend of slight back-to-back gains and losses on Wednesday. The issue is an uncertain outlook for risk given the drag on everything from Brexit to China trade talks.

After seven-month peaks of above $1,300 an ounce for gold in early January and record highs of above $1,400 in palladium’s spot price last week, both markets have entered into a range this week.

On the New York Mercantile Exchange’s Comex division, the most-active contract settled up 70 cents, or 0.05%, at $1,290.20 per ounce.

The spot price of gold, or bullion, dipped $1.40, or 0.1%, to $1,283.79 by 2:33 PM ET (19:33 GMT) after trading higher earlier in the day.

on Comex settled up $1.70, or 0.1%, at $1,306.50 per ounce.

The spot price of palladium traded at $1,356 per ounce, up $5.80, or 0.4%. On Thursday, it hit an all-time high of $1,440.35. That makes it the world’s most valuable traded metal now, although gold’s previous record highs were above $1,900 an ounce.

“Worries over the partial U.S. government shutdown, Brexit and China, which should allow gold to get a bid as a safe haven, are being offset somewhat by expectations there will be no Fed rate hikes in the near term, which in turn are positive for stocks,” said George Gero, precious metals analyst at RBC Wealth Management in New York.

The , a contrarian trade to gold, slipped by 0.2% to 95.76.

In other precious metals on Comex, rose by 4.8 cents, or 0.3%, to $15.37 per ounce.

rose by $5.70, or 0.7%, to $796.90 per ounce.

In base metals, fell 0.5 cent, or 0.2%, to $2.68 per lb.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Gold Prices Drop as Risk Appetite Returns By Investing.com


© Reuters.

Investing.com – Gold prices dropped on Wednesday as investors opted to rotate out of the safe haven asset in favor of stocks after a handful of components reported better-than-expected quarterly earnings.

At 9:06 AM ET (14:06 GMT), for February delivery on the Comex division of the New York Mercantile Exchange fell $2.75, or 0.21%, to $1,280.65 a troy ounce.

After a 1% decline on Wall Street a day earlier, as blue-chips such as IBM (NYSE:), Procter & Gamble (NYSE:) and United Technologies (NYSE:) beat consensus earnings estimates, boosting risk sentiment and thus pushing gold lower.

A firm dollar also placed downward pressure on the yellow metal as the held near three-week highs. A stronger greenback makes the dollar-denominated metal more expensive for holders of foreign currencies.

Limiting losses in gold, investors remain cautious over global growth concerns as the trade spat between Washington and Beijing awaits a round of talks at the end of the month and little progress has been made in the U.K.’s negotiations to leave the European Union.

“Nervousness around global growth and trade tensions is certainly a factor driving the markets right now,” said Michael McCarthy, chief markets strategist at CMC Markets.

In other metals trading, slipped 0.05% at $15.318 a troy ounce by 9:07 AM ET (14:07 GMT).

inched up 0.07% to $1,307.40 an ounce, while sister metal traded up 0.30% at $793.55.

In base metals, rose 0.13% to $2.663 a pound.

— Reuters contributed to this report.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.