Stock markets are taking a cue from gold this morning, with gains across the globe. Japan’s Nikkei has jumped 2%, and China’s CSI 300 index gained 1%, on hope of a US interest rate cut soon. In London, the FTSE 100 has jumped by 48 points, or 0.
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NickSubasic Rudy25282982
You know things are turning to crap when gold starts climbing
This could be interpreted as a continuous indicator of diminishing confidence in the US dollar. It also suggests, that not just central banks, but private investors are betting on a global recession caused in part by the TrumpAdministration's imbecilic TradeWars with China.