Gold To Reach 6 Year High Over $1,400 on Uncertain Outlook for Global Markets

Gold To Reach 6 Year High Over $1,400 on Uncertain Outlook for Global Markets

] by Bloomberg Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook. GoldCore.com Bullion may touch $1,400 an ounce this year as investors hedge risk, according to Rhona O’Connell, head of market analysis for … Read more

Gold Falls 0.25% After Johnson Says Brexit Agreed; Markets Remains Skeptical of the ‘Deal’

Gold Falls 0.25% After Johnson Says Brexit Agreed; Markets Remains Skeptical of the 'Deal'

] ◆ Gold has fallen in pounds, euros and dollars after breaking news suggesting a Brexit deal has been reached ◆ The pound and the euro rose with the pound gaining 0.52% against the dollar ◆ The Australian and New Zealand dollar saw larger gains of 1% and 0.7% respectively which suggests foreign exchange markets … Read more

Fed Is Monetizing 90% of U.S. Deficit to Keep Interest Rates from Rising and Crashing Markets

Fed Is Monetizing 90% of U.S. Deficit to Keep Interest Rates from Rising and Crashing Markets

] By Daniel R. Amerman, CFA As can be seen in the graph above, for the last 12 weeks there has been a stunning visual correlation between the yellow bars of the total weekly funding of deficits by the Federal Reserve, and the green bars of the weekly deficit spending by the United States government. … Read more

Gold Surges 7.5% In Week As Coronavirus Impacts Companies, Markets and Economies

Gold Surges 7.5% In Week As Coronavirus Impacts Companies, Markets and Economies

] WEEKLY RELATIVE PERFORMANCE (FINVIZ.COM) ◆ Gold has surged 7.5% this week to $1,690/oz and is set for its biggest weekly gain since October 2011. It has reached a new seven year high today as fears mount over the negative effect of the coronavirus on companies, economies, markets and currencies. ◆ Gold is the top … Read more

Pandemic, Lockdowns, Fake and Manipulated Markets – Gold and Silver Outlook

Central Banks Were Diversifying Into Gold Bullion Prior to the Global Lockdown – Here Is Why

] Watch Video Update (Live 12/05/2020 ◆ The massive global debt driven “Everything Bubble” is bursting due to the pandemic and more specifically the governments draconian economic lockdowns ◆ A dollar crisis is inevitable with U.S. government debt surging by some $2 trillion in a matter of weeks and ballooning to over $25 trillion ◆ … Read more

What Next for Markets as Storm Clouds Gather Over Washington?

What Next for Markets as Storm Clouds Gather Over Washington?

] Storm Clouds Forming Over the US Capitol Building in Washington DC President Donald Trump impeached again US Employment figures worse than expected New Covid19 strain anxiety grips markets Possible delays to stimulus to impact markets Biden addressed concerns re government deficits and growing debt levels Dominating the headlines today globally will be news that … Read more