Gold garners glow; stocks go whacko

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Gold garners glow; stocks go whacko

On the off chance you somehow missed this past Monday's early morning tweet with Gold then wallowing about in the 1920s, here 'tis:

Enthused by it all, as email-queried a most-valued charter reader of The Gold Update: "When is Blast-off Time?" We responded in part as follows: Either way, 'tis good to see Gold getting a bid as"'tis said" inflation is shutting its lid, the Dollar Index in turn having just traded to as low as 99.260, a level not seen since 05 April 2022.

But wait, there's more. "Twas also reported this past week that the larger StateSide banks face growing loan losses, for which Fed ViceChair of Supervision Mike Barr says more capital shall be required. From where does that come, hmmm?

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold market analysis for July 17 - key intra-day price entry levels for active traders
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »