Category: Markets

Gold lower at 1283.82 (-6.32). Silver 17.21 (-0.054). Dollar higher. Euro lower. Stocks called higher. U.S. 10-year 2.36% (+5 bps).

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Posted in Gold Price, Markets |

Gold higher at 1286.56 (+6.11). Silver 17.04 (+0.037). Dollar lower. Euro higher. Stocks called lower. U.S. 10-year 2.31% (-4 bps).

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Posted in Gold Price, Markets |

Gold 1278.48 (-7.84). Silver 16.94 (-0.104). Dollar higher. Euro lower. Stocks called higher. U.S. 10-year 2.33% (+3 bps).

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Posted in Gold Price, Markets |

Gold lower at 1288.53 (-6.75). Silver 17.12 (-0.14). Dollar higher. Euro lower. Stocks called higher. U.S. 10-year 2.30% (+2 bps).

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Posted in Gold Price, Markets |

Gold firm at 1304.71 (+0.92). Silver 17.45 (+0.066). Dollar better. Euro lower. Stocks called higher. U.S. 10-year 2.29% (+2 bps).

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Posted in Gold Price, Markets |

Gold easier at 1292.31 (-1.99). Silver 17.22 (-0.04). Dollar better. Euro lower. Stocks called higher. U.S. 10-year 2.33% (+1 bp).

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Posted in Gold Price, Markets |

Gold higher at 1294.81 (+2.09). Silver 17.23 (+0.02). Dollar higher. Euro lower. Stocks called better. U.S. 10-year 2.34% (-2 bps).

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Posted in Gold Price, Markets |

Gold steady at 1290.09 (+0.16). Silver 17.15 (-0.014). Dollar lower. Euro higher. Stocks called easier. U.S. 10-year 2.34% (-2 bps).

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Posted in Gold Price, Markets |

Gold higher at 1290.36 (+7.01). Silver 17.20 (+0.227). Dollar lower. Euro higher. Stocks called higher. U.S. 10-year 2.36% (unch).

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Posted in Gold Price, Markets |

Unwinding QE could trigger financial crisis, warns JP Morgan

Telegraph/Lucy Burton/10-04-17

JP Morgan has warned that another financial crash could be round the corner as the decade of ultra-loose money comes to an end.

Central banks have purchased roughly $15 trillion (£11.3 trillion) of financial assets since the crisis, but the Wall Street bank’s head of quantitative and derivatives strategy Marko Kolanovic said this will start to unwind next year in a move that could “potentially cause a financial crisis”.

Dubbing the hypothetical crash the “great liquidity crisis”, he said that outflows – or lack of new inflows – from undoing stimulus could lead to “asset declines and liquidity disruptions” that in turn trigger a crash.

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Posted in Central Banks, Markets, Monetary Policy |

Gold higher at 1283.34 (+6.52). Silver 16.95 (+0.143). Dollar lower. Euro higher. Stocks called higher. Treasuries closed.

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Posted in Gold Price, Markets |

Gold easier at 1268.02 (-1.26). Silver 16.61 (-0.015). Dollar higher. Euro lower. Stocks called lower. U.S. 10-year 2.37% (+2 bps).

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Posted in Gold Price, Markets |

Gold better at 1276.36 (+2.13). Silver 16.70 (+0.117). Dollar firm. Euro lower. Stocks called higher. U.S. 10-year 2.32% (unch).

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Posted in Gold Price, Markets |

Gold higher at 1277.88 (+5.07). Silver 16.72 (+0.081). Dollar lower. Euro higher. Stocks called lower. U.S. 10-year 2.31% (-1 bp).

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Posted in Gold Price, Markets |

Gold steady at 1270.81 (-0.56). Silver 16.60 (+0.013). Dollar firm. Euro higher. Stocks call higher. U.S. 10-year 2.35% (+1 bp).

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Posted in Gold Price, Markets |

Gold lower at 1274.80 (-5.94). Silver 16.64 (+0.006). Dollar higher. Euro lower. Stocks called higher. U.S. 10-hyear 2.34% (unch).

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Posted in Gold Price, Markets |

S&P 500 Vs. Gold: Bloomberg Intelligence Weighs In On The Battle


KitcoNews/Sarah Benali/09-29-17

Gold and the S&P 500 are currently in a tight race.

For Bloomberg Intelligence analyst Mike McGlone, this translates into good news for the yellow metal.

“Running neck and neck with the S&P 500 in a tightening cycle should favor gold in most scenarios,” the commodities strategist wrote in a report released Friday.

… “With the record-setting stock market barely beating gold, the metal may be worthy of greater attention,” he said.

“Despite all of the attention on stocks, gold may be looking ahead to a more favorable endgame at a steep discount to historical highs with inflation brewing, a potential dollar peak and the lowest CBOE Volatility Index ever.

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Posted in Gold News, Gold Price, Gold Views, Markets |

Gold steady at 1288.87 (+1.64). Silver 16.86 (-0.035). Dollar lower. Euro higher. Stocks called mixed. U.S. 10-year 2.30% (-1 bp).

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Posted in Gold Price, Markets |

Gold better at 1285.58 (+1.88). Silver 16.83 (+0.038). Dollar lower. Euro higher. Stocks called lower. U.S. 10-year 2.33% (+2 bps).

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Posted in Gold Price, Markets |

Gold lower at 1288.82 (-4.60). Silver 16.85 (-0.007). Dollar higher. Euro lower. Stocks called mixed. U.S. 10-year 2.29% (+5 bps).

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Posted in Gold Price, Markets |

Gold lower at 1301.61 (-7.17). Silver 17.00 (-0.157). Dollar higher. Euro lower. Stocks called mixed. U.S. 10-year 2.22% (unch).

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Posted in Gold Price, Markets |

Gold lower at 1292.35 (-5.19). Silver 16.91 (-0.076). Dollar higher. Euro lower. Stocks called easier. U.S. 10-year 2.25% (unch).

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Posted in Gold Price, Markets |

Gold higher at 1314.54 (+3.42). Silver 17.35 (+0.038). Dollar lower. Euro higher. Stocks called easier. U.S. 10-year 2.23% (-2 bps).

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Posted in Gold Price, Markets |

Ray Dalio, founder of the world’s largest hedge fund, says ‘bitcoin is a bubble’


CNBC/Tae Kim/09-19-17

Bridgewater Associates founder Ray Dalio said Tuesday he is not a believer in cryptocurrencies.

“Bitcoin today you can’t make much transactions in it. You can’t spend it very easily,” Dalio said on CNBC’s “Squawk Box.”

“It’s not an effective storehold of wealth because it has volatility to it, unlike gold,” the hedge fund founder added. “Bitcoin is a highly speculative market. Bitcoin is a bubble.”

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Posted in Gold News, Gold Views, Markets |

Gold steady at 1308.50 (-0.68). Silver 17.18 (-0.05). Dollar easier. Euro higher. Stocks called higher. U.S. 10-year 2.22% (-1 bp).

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Posted in Gold Price, Markets |

Toys R Us could file for bankruptcy as soon as this week, sources say

CNBC/Lauren Hirsch/09-18-17

Toys R Us could file for bankruptcy as soon as this week, according to sources familiar with the matter.

The sources noted that the bankruptcy plans are not definite, and both its plans to file and its timing could change.

…Addressing the retailer’s debt load prior to the crucial holiday season could give its major vendors such as Mattel and Hasbro clarity into the company’s long-term viability to help ensure the toymakers continue to stock its shelves throughout the holiday.

PG View: If you missed our special report on the death of brick-and-mortar retail and the broader implications, you can view it HERE.

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Posted in Debt, Markets |

Gold lower at 1312.35 (-7.82). Silver 17.38 (-0.20). Dollar easier. Euro higher. Stocks called higher. U.S. 10-year 2.21% (+1 bp).

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Posted in Gold Price, Markets |

Gold lower at 1324.22 (-10.05). Silver 17.71 (-0.15). Dollar lower. Euro higher. Stocks called mixed. U.S. 10-year 2.20% (+1 bp).

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Posted in Gold Price, Markets |

Gold steady at 1323.56 (+0.98). Silver 17.74 (-0.014). Dollar lower. Euro better. Stocks called easier. U.S. 10-year 2.18% (+1 bp).

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Posted in Gold Price, Markets |

Gold better at 1333.04 (+1.90). Silver 17.91 (+0.055). Dollar lower. Euro higher. Stocks called higher. U.S. 10-year 2.17% (+4 bps).

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Posted in Gold Price, Markets |