Tag Archives: stock market

Gold Price Getting Crushed, Here’s Why And Where It’s Headed Next – Gareth Soloway

Investors are dumping lower yielding assets like gold to buy higher volatility securities like Tesla shares and bitcoin, said Gareth Soloway, chief market strategist at In The Money Stocks, but Soloway is not selling his gold yet. Soloway’s comments come as Friday’s nonfarm payroll report showed a loss of 140,000 jobs in December, the most since the start of the pandemic. 0:00 – Why gold is getting “pounded” today 2:27 – Inflation expectations down 3:31 – Money pulled out of gold 6:30 – 140,000 jobs lost in […]

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Gold Price Plummets $100, Can It Go Lower? Pfizer, Travel Stocks Soar, Zoom Tanks

Gold price dropped $100, or 4.5% on Monday as Pfizer announced that its COVID-19 vaccine is 90% effective. The S&P 500 climbed 2.9%, the Dow is up 3.8%, and the NASDAQ is up only 1%, dragged down by companies that benefit from the work from home culture, like Zoom (-12%) and Netflix (-4%). Peter Hug, global trading director of Kitco Metals, said that these moves factor in expectations that are a bit ‘premature’. __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos […]

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Deutsche Bank Creating A Destructive Domino Effect That Will Result In Apocalyptic Economic Collapse

Deutsche Bank, the second most prominent bank in Europe, the greatest bank in Germany, one of the ten largest banks by assets in the whole world and, evidently, the leading authority for derivatives trading, is caught up in a huge chaos. The International Monetary Fund was the first to warn about it being the biggest net contributor to systemic risks for the global financial system, undoubtedly, the bank's situation is decisive for the world's economy. The banking system simply cannot allow Deutsche Bank to fall, otherwise, it […]

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The Price Movement of Gold will be Hard to Pin Down in Near Term

The increase in gold prices for 2017 of about 12 percent, disappointed many investors in the asset class. Many were surprised the price didn’t outperform stock market returns. Consequently, a number of professionals think the price of gold will be subdued in 2018, and possibly further out. For the negative outlook for 2017, it didn’t play out primarily because rising short-term interest rates didn’t lead to a huge increase in longer-term bond yields. What that did was keep financing costs low for the gold sector, helping to […]

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Peter Schiff on Defending Assets against Stock Market Bubble

Peter Schiff recently talked about his favorite way to survive what he sees as an unprecedented stock market bubble. He noted that the Federal Reserve has inflated three stock market bubbles already in the 21st century, and sees this one as the largest and most dangerous. Schiff says the way the government bailed out investors in 2001 and 2008 was by inflating an even larger bubble to take the place of the one that had just popped. He says he thinks this one is too big to […]

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