Market Sentiment shifting

More
1 week 1 day ago #122179 by DearJohn
DearJohn replied the topic: Market Sentiment shifting
inflation rising - Gold the perfect storm. Fed has made a big turn around

Please Log in or Create an account to join the conversation.

More
1 week 3 days ago #122147 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment shifting
Now the Italians want their gold too

Financial Times, London
Monday, February 11, 2019

ROME -- Matteo Salvini has raised the possibility of wresting control of Italy's sizeable gold reserves away from the country's central bank in the latest in a series of threats to the independence of the Bank of Italy by Rome's populist coalition.

"The gold is the property of the Italian people, not of anyone else," Mr Salvini, deputy prime minister and leader of the League party, said in comments to reporters today.

www.ft.com/content/f16d0aec-2e04-11e9-ba00-0251022932c8

Please Log in or Create an account to join the conversation.

More
2 weeks 1 day ago #122128 by Gambler
Gambler replied the topic: Market Sentiment shifting
According to a new report by the World Gold Council, holdings in global gold-backed ETFs rose 72 tonnes in January to reach 2,513 tonnes (80.8m troy ounces), hitting the highest levels in nearly six years.

In dollar terms net inflows in January equaled $3.1B with the value of gold held in ETF vaults reaching just shy of $107B by the end of the month, a 6% increase.

January was the fourth consecutive month of net inflows, according to WGC data and thanks to a blockbuster December 2018, 185 tonnes or $8B was injected into the scores of funds listed around the world over the past four months.

www.mining.com/gold-price-etf-inflows-re...&utm_campaign=digest

Please Log in or Create an account to join the conversation.

  • alexgreat
  • alexgreat's Avatar
  • Away
  • Platinum Member
  • Platinum Member
More
3 weeks 1 day ago #122070 by alexgreat
alexgreat replied the topic: Market Sentiment shifting
Gold as high as $1325 today, for sure we are in a solid up trend

Please Log in or Create an account to join the conversation.

More
3 weeks 2 days ago #122044 by lynnsa10
lynnsa10 replied the topic: Market Sentiment shifting
DJ, also check this out, I feel gold is starting to bubble

Please Log in or Create an account to join the conversation.

More
3 weeks 2 days ago #122042 by DearJohn
DearJohn replied the topic: Market Sentiment shifting
Sounds like the Fed puked today and changed course

The Federal Reserve said it will be “patient” on any future interest-rate moves and signaled flexibility on the path for reducing its balance sheet, in a substantial pivot away from its bias just last month toward higher borrowing costs.

In a separate special statement on Wednesday, the Fed said it’s “prepared to adjust any of the details for completing balance sheet normalization in light of economic and financial developments.” The central bank also said it would be ready to alter the balance sheet’s size and composition if the economy warrants a looser monetary policy than the federal funds could achieve on its own.

It’s hard to read this anything other than the Fed has capitulated to the market,” said Michael Gapen, chief U.S. economist at Barclays Plc. “The market will read this as they’re done with the hiking cycle and that a halting in the balance sheet runoff is more likely than another rate hike.”

www.bloomberg.com/news/articles/2019-01-...ce-sheet-flexibility

Please Log in or Create an account to join the conversation.

More
1 month 1 day ago #121973 by lynnsa10
lynnsa10 replied the topic: Market Sentiment shifting
Good interview with Skarica

Please Log in or Create an account to join the conversation.

More
1 month 1 week ago #121893 by lynnsa10
lynnsa10 replied the topic: Market Sentiment shifting
Very good interview on Gold and economy with Sprott and Rickards

Please Log in or Create an account to join the conversation.

More
2 months 1 day ago #121759 by GoldnBoy
GoldnBoy replied the topic: Market Sentiment shifting
looks like nobody wanted to be long for the weekend

Please Log in or Create an account to join the conversation.

More
2 months 1 week ago #121727 by Gambler
Gambler replied the topic: Market Sentiment shifting

Please Log in or Create an account to join the conversation.

More
2 months 2 weeks ago #121688 by RonS
RonS replied the topic: Market Sentiment shifting
Looks like market pressure increasing, is looking like today is the day we break to the upside

Please Log in or Create an account to join the conversation.

More
2 months 2 weeks ago #121675 by RonS
RonS replied the topic: Market Sentiment shifting
That last break, gold ended up down before end of day so did not break the $1240, we are up against it again today at $1238, so am keeping a close watch

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.228 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper

Please publish modules in offcanvas position.