10.17.19 - Jamie Dimon warns: 'Recession Ahead'

Gold last traded at $1,498 an ounce. Silver at $17.61 an ounce.

NEWS SUMMARY: Precious metal prices rose Thursday as weak economic data sent the dollar lower. U.S. stocks were little changed despite strong earnings results from Netflix and Morgan Stanley as investors also digested news of a pending Brexit deal.

 

 

 

Gold Prices Rise as US Dollar Weakens

Gold BarsGold up as dollar eases; global growth concerns lend support -CNBC
"Gold gained on Friday as the dollar eased from a multi-week peak, with bullion seen consolidating in a narrow range supported by concerns about global growth and political uncertainties including the U.S. government shutdown....U.S. gold futures climbed 1.34 percent to $1,297 per ounce. 'Gold seems to be finding a level and it is quite comfortable around it at the moment,'

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Is Big Tech Merging With Big Brother?

TechBigBrotherIs Big Tech Merging With Big Brother? Kinda Looks Like It -Wired
"Big Brother is an emerging reality in China. Yet in the West, at least, the threat of government surveillance systems being integrated with the existing corporate surveillance capacities of big-data companies like Facebook, Google, Microsoft, and Amazon into one gigantic all-seeing eye appears to trouble very few people....We are iPhone owners and Amazon Prime members, not vassals of a one-party state. We are canny consumers who know that Facebook is tracking our interactions and Google is selling us stuff....

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Why a Billionaire Gives Away His Wealth

KOCHOUSEPH CHITTILAPPILLYWhy A Former Billionaire Is Giving Away His Wealth -Forbes
"As his 60th birthday drew close, Kochouseph Chittilappilly couldn’t help but acknowledge that life was good. The business magnate had built from scratch an empire comprising electrical and electronic equipment and amusement parks. Nonetheless, Chittilappilly was overcome by the urge 'to do something larger with my life.' In 2011, two months after he turned 60, the tycoon checked into a hospital in Kochi city in south India, accompanied by his anxious family.

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