Latest News
The Shortage Of LBMA Bars Persisted Before Coronavirus
I found it amusing that Zerohedge tried to take credit for reporting the problem of a physical gold shortage on the LBMA and Comex earlier last week. Several of we “gold bugs” have been discussing and reporting on this issue since before the virus crisis exploded. The Comex has been settling contracts that stand for… Read More
Sunday Evening Links
[CNBC] Dow futures drop more than 300 points as Wall Street gives back some of last week’s gains [Reuters] Crude oil futures drop at open on grim demand outlook [CNBC] President Trump extends national social distancing guidelines through April 30 [CNBC] ‘Nothing is out of the question’: What it would take for the Fed to start buying stocks Source:… Read More
Trump Extends Coronavirus Social Distancing Guidelines To April 30; Stock Futures Fall
U.S. stock futures opened for trading Sunday evening, pointing to a lower open on Monday morning. Shortly after the futures market’s 6 p.m. ET open, the S&P 500 was down about 1.8% and the Dow Jones Industrial Average was down 2.2%. Volatility Continues The S&P 500 closed Friday’s session at 2,541.47 and the Dow closed… Read More