Comex gold futures (XAUUSD.CUR) settled +6% to $1,660.80/oz. for its biggest daily percentage surge in 11 years following the closure of several gold mines and the Fed's moves to address the corornav

The Fed's Bullets Are Blanks

10:30am, Saturday, 21'st Mar 2020
A false sense of security after the 2008 global financial crisis. The Fed controls nearby rates that are now at zero. A struggle with the yield curve. Pulling o
Gold (NYSEARCA:GLD) eases back after pushing past $1,500/oz. but are headed for a second straight weekly drop as investors sold the metal to meet margin calls in other assets; April Comex gold +0.9%
ASA Gold and Precious Metals Limited (the "Company") (NYSE: ASA) declared a distribution of $0.01 per common share of the Company. The distribution is payable on May 22, 2020 to shareholders of record

Stocks That Hit 52-Week Lows On Thursday

02:49pm, Thursday, 19'th Mar 2020
On Thursday morning, 1178 companies hit new 52-week lows. Facts of Interest: The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...

Memories Of 2008 In Gold

10:00am, Thursday, 19'th Mar 2020
A significant correction led to an all-time high. Central banks will follow the same path. Currency devaluation favors gold and silver. A sharp correction in si
Our economy and financial markets are sick. The Federal Reserve poisoned them with cheap money and low interest rates. What we are seeing in the financial marke
Gold prices end higher for the first time in six sessions, and miners move powerfully to the upside, with gains coinciding with the news that the Federal Reserve was establishing a lending facility to

The Fed Is Firing Blanks

10:00am, Tuesday, 17'th Mar 2020
Fifty basis points was a shot into an ocean. One and one half trillion reasons for stability and the market continues to fall. The markets are the symptoms and

ING's Latest Economic Views And Forecasts

07:52pm, Monday, 16'th Mar 2020
Our gut feeling is that this will not be the last update. US: We are penciling in an 8.0% annualised 2Q20 GDP decline. Europe: Bund yields will likely continue
Gold futures (XAUUSD:CUR) fell to their lowest settlement since December, and silver futures (XAGUSD:CUR) slumped to their worst in more than a decade, although both metals significantly cut earlier l
The Fed rate cut is only the beginning for the easing necessary to counter the coronavirus downturn. The U.S. fiscal situation is worsening significantly and th
Every dip since 2018 has been a buying opportunity. Central banks will continue to push rates lower - the Fed funds rate is steaming to zero. Currency values ar
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