Both gold and silver experienced a huge price drop in trading today. Gold futures base the most active December contract lost $ 78.90, a total decline of 3.92%, and is currently set at $ 1934.20. Silver had a larger percentage gain of 4.77%, down $ 1.34, with the September futures …
Read More »Get your flu in September – before cases start to climb
Reuters With the coronavirus still widespread, it’s time to start thinking seriously about flu, which typically spreads in fall and winter. A major flu outbreak would not only overwhelm hospitals this fall and winter, but also likely overwhelm a person who can contract both at the same time. Doctors do …
Read More »Unlimited quantitative easing, unlimited dollar weakness
The Federal Reserve has initiated an unusual level of quantitative easing. In essence, the Fed has stated that it will do whatever it takes, as long as it takes to produce effective economic stability. Which in turn will lead to a recovery that is as strong as possible, thereby limiting …
Read More »Lowe steals the crown from Home Depot during the pandemic, showing card transactions
One thing about capturing the home front during a pandemic is that it allows consumers to see for a while where they are spending time and then decide to open their wallet to make themselves more comfortable. The category for home delivery supply warehouses, which includes Lowe’s LOW, + 2.63% …
Read More »Gold challenges another $ 2,000 per ounce
Any true correction that many traders expected could come and go, with market participants buying every reasonable dump in prices. One-day decline of $ 117 from last week seems to be the definitive cap on a shallow correction, resulting in gold withdrawal of about 23% before support was found. After …
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