When unemployment leads to impoverishment or loss of social status, unemployment is itself a major health problem… by Ryan McMaken of Mises Institute Fed chairman Jerome Powell on Wednesday announced the economic […]
The post Unemployment Kills: The Longer Lockdowns Last, the Worse It Will Get appeared first on Silver Doctors.
The “credit facility” arranged by the CME Group does not necessarily mean that any of its exchanges are at immediate risk of such defaults… by Chris Powell of the Gold […]
The post CME Group Has Been Preparing For Clearing Member Defaults For Years appeared first on Silver Doctors.
Littlemissbliss originally posted this fabulous James Allen engagement ring on the Show Me the Bling forum at PriceScope. A beautiful oval flanked by stunning pears make a GORGEOUS 3 stone engagement ring! What is your favorite diamond shape combination? This is magnificent, I live for this kind of sparkle! I love […]
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Yahoo! Finance: SI=F News
(Bloomberg) — Gold headed for its largest weekly decline in seven weeks as European nations, including the U.K., offered cautious signals they’ve passed through the peak of the coronavirus outbreak and U.S. cases rose at the slowest pace this month.U.K. Prime Minister Boris Johnson said the country was through the worst of the virus and pledged to deliver plans to lift the lockdown, while Italy, France and Germany all also outlined proposals to gradually ease restrictions. The European Central Bank stepped up its response to the coronavirus crisis by cutting funding costs for banks, but refrained from boosting its bond-buying program.“Demand for safe haven assets took a further dive” on Johnson’s comments despite a raft of weak economic data, Australia & New Zealand Banking Group Ltd. economist Kishti Sen said Friday in a note.Spot gold rose 0.1% Friday to $1,688.90 an ounce as of 9:39 a.m. in Sydney, after falling 1.6% Thursday. The metal was headed for its biggest weekly decline since March 13. Gold futures rose 0.1% after tumbling 1.1% Thursday on the Comex in New York.In other precious metals, palladium and silver both fell as much as 0.7%, while platinum fell as much as 1.2%For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The post Gold Heads for Weekly Decline as Europe Readies End to Lockdowns appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Bitcoin cooled off after jumping to its highest levels in nearly two months, when it was up as much as $9,478. Yet, stakeholders say crypto interest remains strong.
The post Market Wrap: There’s a Bright Side to Bitcoin’s Drop on Worsening Unemployment appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Given the weak close, we’re going to be watching trader reaction to the 50% level at $1682.40 early Friday. If we get a counter-trend bounce then look for the market to become rangebound with $1727.50 the top of the range and $1682.40 the bottom of the range.
The post Gold Price Futures (GC) Technical Analysis – Investors Done Chasing Market Higher, Looking for Value Now appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Expectations were for a 68 Bcf draw
The post Natural Gas Price Prediction – Prices Rebound Following Inventory Build appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Gold prices are posting solid losses in midday U.S. trading Thursday and were near daily lows, following the U.S. stock indexes lower as they also extended daily losses.
The post Gold solidly down Thursday, following sell off in U.S. equities appeared first on WorldSilverNews.