Gold and Silver Prices Resilient Over $1500 and $17 Despite Sharp Selling On COMEX Yesterday

Gold and Silver Prices Resilient Over $1500 and $17 Despite Sharp Selling On COMEX Yesterday

] * Gold is 0.8% higher to $15,14/oz and silver is 1.24% higher to $17.20/oz * Gold has consolidated just over the $1,500 level finding support after mor poor economic data from China and Germany raised fears of a global recession * CME raised gold margins from $4k to $4.5k or 12.5% yesterday Silver in … 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

World’s Richest Investors See Sharp Market Drop In 2020 – UBS Survey

World’s Richest Investors See Sharp Market Drop In 2020 - UBS Survey

] 3,400 high net worth investors with at least $1 million in investable assets were surveyed by UBS Fifty-five percent of respondents expect a significant drop in the markets at some point in 2020.  The super rich have increased their cash holding to 25% of their average assets, the survey showed. A majority of the … Read more