Loading ...https://finance.yahoo.com/news/chinas-shandong-gold-buy-canadian-123647449.html
ipso facto
U gotta think that the chance of dividends along with potential capital gains, is largest in the PM stox…as basically all the CB’s can do now is print and throw money around..they can’t cut rates, they can’t even cut their own costs, without throwing huge numbers of bureaucrats onto t6he jobless register..etc.
Apart from the above the PM stox are still only a few percent above the Lows….but then we have the scum of course..who will fight it all 24/7.
PM shares have opened mostly green.
Maybe the prospect of negative rates is a bigger mover than current small moves in the gold price.
Morning Buygold
Seems that no matter the numbers or what happens the scum make sure the mkt reaction is always, ok/bullish Dollar SM and Bonds, flat out bearish PM’s.
I often joked what would happen if an asteroid hit earth and wiped out most of mankind, when the No’s came out afterwards the mkt reaction would be the same….
Now we know.
Jobs Report – 20.5 Million Lost
Apparently the stock market loves that kind of news.
Sort of a perverse way the algo’s have of reacting to people’s suffering.
Looks like pm’s won’t be going much of anywhere today.
The suspense is killing me
Normal jobs report beating after a rip roaring rally yesterday or something else?
I doubt the number regardless of what they are will matter at all.
We almost hit 290 HUI yesterday and if I’m not mistaken would break highs going all the way back to 2011? Maybe some of you T/A savvy types could confirm? No doubt, I’d expect there we’ll be a battle.
Meanwhile all is not well in the land of the Euro
Germany is looking after itself…well why not and of course tks to the Euro, Club Med cannot devalue their way out of the Bat Clap crisis, so are stuck unable to do anything to bail out their economies…..unless they break free….in short do not expect a weak dollar anytime soon versus the Euro.
Here is a good precis of the building crisis.
Someone just sent out another video of
Dr Mikowitz, she talks about bioweapon including 5 G and how it can cause a Cytokine storm reaction that can mimic a virus and much more. Her book is sold out on Amazon except by Kindle so I got some somewhere else.
https://youtu.be/eC1FTAQw4QA