Gold prices have fallen around $85 a troy ounce from September’s six-year high and the value of assets held by the SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, are down nearly 7% from their October highs.
Prices for silver are off nearly 15% from their September peak.
Knowledge is more precious than Gold..?
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Investors Pour Into U.K. Markets as Election Result Calms Brexit JittersA decisive victory for Prime Minister Boris Johnson’s Conservative Party in the British election sent investors scrambling to buy U.K. stocks and pushed the pound to its highest level against the dollar since May 2018. Investors may guesstimated wrongly and it's worrying! Euro effects could the greatest in effect!
Source: WSJ - 🏆 98. / 63 Read more »
Here's what happened to the stock market on FridayStocks capped a solid week of gains with small moves as investors digested the details of a phase one trade deal between China and the U.S. Kudlow told that $50 billion of AG purchases in the China TradeDeal is OVER A 2 YEAR PERIOD. Or $25 billion per year Before Trump's TradeWar, China was buying $27 billion/yr ave since 2012 Trump got 10% LESS THAN BEFORE! On top of $41 billion in lost trade & bailouts! The stock market response very sensitive for US-China trade talk. Obviously, the Phase 1 deal is not good for US. but it is great for Trump himself. See the correlation between his tweets and stock market change. He is great trap designer.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks close little changed to end winning week as US and China strike an initial trade dealStocks barely closed positive today, with the Dow and S&P 500 both up just 0.01%. The Nasdaq had a record close, though it only rose 17.56 points. I love how you try to make good news still sound bad... Your network is a joke The stock market response very sensitive for US-China trade talk. Obviously, the Phase 1 deal is not good for US. but it is great for Trump himself.
Source: CNBC - 🏆 12. / 72 Read more »