Gold Gains 1.7% and Silver Surges 4.9% After Weak U.S. Data Compounds Global Recession Fears

Gold Gains 1.7% and Silver Surges 4.9% After Weak U.S. Data Compounds Global Recession Fears

] * Gold gained 1.7% and silver surged 4.9% yesterday after weak U.S. manufacturing data reinforced fears of a U.S. and global recession * The escalation in the U.S.-China trade war and the political shambles in the UK and Brexit further bolstered gold bullion’s safe-haven appeal * U.S. manufacturing activity contracted for the first time … Read more

Gold Retreats After Two Days of Gains as Serbia Buys 9 Tons of Gold and Hong Kong Enters Sharp Recession

Gold Retreats After Two Days of Gains as Serbia Buys 9 Tons of Gold and Hong Kong Enters Sharp Recession

] Gold Retreats After Two Days of Gains as Serbia Buys 9 Tons of Gold and Hong Kong Enters Sharp Recession 14, November NEWS and COMMENTARY Gold tallies back-to-back gains as Treasury yields retreat Serbia Buys Nine Tons of Gold to Heed President’s Crisis Advice Global debt surged to a record $250 … Read more

U.S. Stocks Will Fall Sharply If There Is a Recession – Oxford Economics

U.S. Stocks Will Fall Sharply If There Is a Recession - Oxford Economics

] ◆ First, the good news from  — though it’s not great !◆ Oxford Economics expects the global economy to stabilize in the first half of next year in a new forecast◆  They predict low growth in U.S. stocks next year but a big drop if there’s a recession ◆ Weak productivity growth will limit the … Read more