Endeavour Silv…
Thu, 09/17/2020 – 08:36
Investing.com/9-16-2020
“While equities and gold benefited from the trillions of dollars in fiscal spending and monetary injections, those efforts are debasing the currency and have raised the possibility that the U.S. will go too far in testing the limits of government stimulus, Dalio said Tuesday in an interview with Bloomberg Television.”
USAGOLD note: Dalio, as many of you already know, advocates gold ownership as a hedge against the possibilities he raises in this interview. He is the founder of the world’s largest hedge fund – Bridgewater Associates.
The post Dalio says dollar reserve currency status in jeopardy first appeared on Today’s top gold news and opinion.
Wof Street/Wolf Richter/9-15-2020
“These near-real-time measures don’t track the entire economy, such as manufacturing, oil-and-gas drilling, financial services, insurance, and many other aspects. But the data show that certain physical aspects of the economy – where people are physically going to do business in some manner – are still very far from the ‘old normal.’”
USAGOLD note: Wolf offers a walk down Main Street America in 2020 – a report card on how we are doing six months into the pandemic with some very down-to-earth, real economy numbers and analysis we found revealing.
The post Down-to-earth aspects of the U.S. economy in near-real time first appeared on Today’s top gold news and opinion.
Ready to include a safe haven in your portfolio plan?
DISCOVER THE USAGOLD DIFFERENCE
ORDER DESK: 1-800-869-5115 x100/orderdesk@usagold.com
ORDER GOLD & SILVER ONLINE 24-7
The post https://www.usagold.com/cpmforum/2020/09/307677/ first appeared on Today’s top gold news and opinion.
FXStreet/Staff
“Gold remains an attractive investment, as the recent price setback is likely to be short-lived. Ample money supply, lower interest rates and macro uncertainty should support gold investment. Physical demand is recovering, so we see the gold price reaching $2,300/oz next year.”
USAGOLD note: Australia’s ANZ Bank joins the $2300 Club.
Repost from 9-12-2020
The post Gold to surge towards 00 as physical demand revives – ANZ first appeared on Today’s top gold news and opinion.
CNBC/Patti Domm
“Quincy Krosby, chief investment strategist at Prudential Financial, said the stock market could easily be disappointed because the Fed is unlikely to offer more clarity on monetary policy, such as plans for bond buying.”
USAGOLD note: The markets may be looking for way more than the Fed is capable of delivering …… A market that depends on monetary largesse for upward mobility is one built on a flimsy foundation. We should keep in mind that, after all is said and done and all the ballyhoo over the stock market’s strength since March, it is still down about 4% year to date – when using the broad DJIA as a measuring stick – and up only 2% over the past twelve months.
Repost from 9-11-2020
The post Investors will look to the Fed to soothe the market this week, but that may be a tall order first appeared on Today’s top gold news and opinion.
