Gold prices have fallen around $85 a troy ounce from September’s six-year high and the value of assets held by the SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, are down nearly 7% from their October highs.
Prices for silver are off nearly 15% from their September peak.
Knowledge is more precious than Gold..?
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Here's what happened to the stock market on FridayStocks capped a solid week of gains with small moves as investors digested the details of a phase one trade deal between China and the U.S. Kudlow told that $50 billion of AG purchases in the China TradeDeal is OVER A 2 YEAR PERIOD. Or $25 billion per year Before Trump's TradeWar, China was buying $27 billion/yr ave since 2012 Trump got 10% LESS THAN BEFORE! On top of $41 billion in lost trade & bailouts! The stock market response very sensitive for US-China trade talk. Obviously, the Phase 1 deal is not good for US. but it is great for Trump himself. See the correlation between his tweets and stock market change. He is great trap designer.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks close little changed to end winning week as US and China strike an initial trade dealStocks barely closed positive today, with the Dow and S&P 500 both up just 0.01%. The Nasdaq had a record close, though it only rose 17.56 points. I love how you try to make good news still sound bad... Your network is a joke The stock market response very sensitive for US-China trade talk. Obviously, the Phase 1 deal is not good for US. but it is great for Trump himself.
Source: CNBC - 🏆 12. / 72 Read more »