Author: Roger Blackwell
Older and a mortgage
The Dow reacts to Bonds recession signal
https://www.pbs.org/newshour/economy/dow-slumps-800-points-as-bond-yield-spooks-investors
US Interest Rates decline overnight
and The Dow does not like it. Falling interest rates makes gold more attractive which is why price rose at end of June. A falling Dow will increase the positive sentiment for gold.
Mega Yachts
Lynette Zang
Celente Round Up. The Gold Bull run has begun.
Gold hits $1400. First time in 6 years.
Gold Jumps – Bloomberg
https://www.bloomberg.com/news/articles/2019-06-19/spot-gold-jumps-as-fed-seen-moving-closer-to-cutting-u-s-rates
Summary points;
“Low rates are a boon to precious metals, which don’t offer yields.”
“As concerns around slowing global growth and trade put further pressure on monetary policy globally, gold may see further support.”
Fed Rates
Fed holds rates at 2.50. Gold jumps but will it maintain it’s 1360 level?
Facebook crypto threat to banks
Trump Election Fund Raising
Trump raises more than $24 million in less than 24 hours after re-election bid