8.14.19 - 311 Days: Recession Countdown Begins

Gold last traded at $1,527 an ounce. Silver at $17.28 an ounce.

NEWS SUMMARY: Precious metal prices shot up Wednesday on safe-haven buying and recession fears. U.S stocks fell sharply after the U.S. bond market flashed a troubling signal about the U.S. economy.

 

 

 

Now The US Dollar Is Everyone's Problem

Written by Staff Writer

us dollars 84594 640Now The Dollar Is Everyone's Problem -Zero Hedge
"Investing is hard enough that there isn't much room for unforced errors, yet many investors allow themselves to get distracted and miss important things. For long-term investors this mistake often manifests itself by getting caught up in day-to-day news stories and losing perspective on key structural factors. One such key factor is the global monetary system....

Add a comment

Gold Outperforms Stocks in 2019

Written by Staff Writer

graph 3078545 640Gold surges above $1,500, now has a better return than stocks this year -CNBC
"Gold rose to its highest level in more than six years on Wednesday as concerns about the global economy made the precious metal and other traditional safe havens more attractive than riskier assets like stocks...Wednesday marked the first time since April 2013 that gold traded above $1,500. The gains brought the metal's gains to more than 18%. That return is higher than the S&P 500's 14.3% year-to-date gain....

Add a comment

3 Factors May Sustain 'Gold Fever'

Written by Staff Writer

GoldAsgoodAsItGetsBuy More Gold Now, Societe Generale Says -Barrons
"The price of gold hit its highest point since May 2013, and it could keep rallying...Societe Generale's Alain Bokobza reiterated a bullish view on gold in a note on Tuesday, writing that three major factors could sustain a 'gold fever.' 1. The current stage of the economic cycle - Societe Generale's asset-mapping framework is currently signaling a higher allocation into gold, according to Bokobza....

Add a comment

China Trade War: The Untold Truth

Written by Staff Writer

america china commerce communication1444957 pxhereWhat the U.S. Government Isn't Telling You About the Trade War With China -Bonner/Bonner And Partners
"The whole ball of trade wars, Federal Reserve rate cuts, currency manipulation, inverted yield curves, and negative yields is so tangled up in deception and claptrap it is almost impossible to unravel....China is a key player in the whole worldwide bamboozle, wringing fake money out of debt-drenched consumers in Europe and America and spinning it into stocks, bonds… cement, steel… and even more factories and empty towns.

Add a comment

Heavenly Fireworks on Aug. 10th

Written by Staff Writer

ShootingShooting stars -Ponte/WND
"A madman pens a manifesto, travels to El Paso, with a rifle murders at least 20 and wounds many others at a shopping mall, then surrenders, apparently intending to become a famous martyr, a shooting star. Will we let this madman - and the politicians eager to exploit what he did - kill America's future as a free nation? History sometimes turns on singular events. We need a careful, prayerful national perspective on which events should change history....This coming Saturday, Aug. 10, the wheels in the sky are bringing us other wonders and woes to contemplate. This weekend will bring Mother Nature's own Fourth of July fireworks, at least one shooting star per minute lighting the heavens in the annual Perseid meteor showers.

Add a comment