Similar Posts
US Mint 2019 Bullion Sales
BySirhcUnited States Mint bullion sales were unchanged. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods.
NY Fed Announces Extension Of Overnight Repos Until Nov 4, Will Offer 8 More Term Repos
BySirhcCourtesy of ZeroHedge by Tyler DurdenFri, 10/04/2019 – 14:01 Anyone who expected that the easing of the quarter-end funding squeeze in the repo market would mean the Fed would gradually fade its interventions in the repo market, was disappointed on Friday afternoon when the NY Fed announced it would extend the duration of overnight repo operations…
Gamestop = Tech Bubble 2.0, Are You Ready For What’s Coming?
BySirhcStocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018. And this is happening despite revenues growing. Because of this, hedge funds have taken MASSIVE short positions in…
Biden Camp Celebrates Pfizer News, Warns Masks Better Option For Fighting COVID; Novovax Gets ‘Fast Tracked’
BySirhcUpdate (1000ET): Nobody was more relieved to see the Biden-Harris ticket prevail last week than Dr. Anthony Fauci (arguably, the first job that Biden saved was Fauci’s). Now the good doctor is joining the vaccine market pump-fest, by telling reporters that his favorite biotech company, Moderna (which he has been pumping virtually since its first vaccine-related…
DoubleLine’s Jeffrey Gundlach puts chance of recession at up to 65%
BySirhcCourtesy of Yahoo Finance by Julia La Roche Reporter Prominent bond investor Jeffrey Gundlach, the CEO of $130 billion DoubleLine Capital, sees the increasing likelihood of a recession within the next six to twelve months. A couple of years ago, Gundlach began highlighting key recession indicators on his webcasts, to see if there was potentially…
The dollar could weaken further under a Biden administration, analysts say
BySirhcKEY POINTS Citi Private Bank strategists predicted a weaker dollar ahead, given that a Biden administration would reduce uncertainty in international trade policy. Following projections over the weekend that Joe Biden has won the U.S. presidential election, the dollar continued diving sharply, while Asian currencies strengthened. JPMorgan Private Bank’s Adam Margolis said the theme at…