Gold At 6 Year High In Euros At €1,288 as ECB Says Outlook Is “Worse and Worse”

Gold At 6 Year High In Euros At €1,288 as ECB Says Outlook Is "Worse and Worse"

] Gold rose to a six and a half year high in euros at €1,288/oz yesterday prior to giving up the gains as it succumbed to profit taking in volatile trading during and after the ECB meeting. Gold in Euros – 10 Years – GoldCore.com Gold spiked to its highest level since 2013 in response … Read more

JPMorgan Warns U.S. Money Market Stress to ‘Get Much Worse’

JPMorgan Warns U.S. Money Market Stress to ‘Get Much Worse’

] ◆ Severe funding pressures in U.S. money markets tipped to resurface heading into year-end by JPMorgan who warn that financial stresses are likely to ‘get much worse’ ◆ Goldman Sachs and Bank of America also warn funding issues remain (see below) ◆ Federal Reserve will start buying $60 billion of Treasury bills every month … Read more