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Looking at the progression of Open Interest on Comex, it looks like the gold price is being managed lower. This is required because I believe a number of bullion banks were in difficulties when gold threatened to go above $1600. Once this is sorted, gold should rise strongly.
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Follow the link. Info could be wrong but I tend to trust these independent figs more than official ones. I have no other info.https://twitter.com/ceolexcon/status/1224828107972120576 …
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Let's hope that reports virus escaped from bio warfare unit in Wuhan are wrong. Let's hope that mortality ratio adjusts to normal flu levels, but given current death/recovery ratio hard to see how.
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UK gov tells UK 30k nationals to get out of China. Can only conclude it's far more serious than admitted. 20,704 infected, 427 dead, only 727 fully recovered so far according to J Hopkins Uni. That's 59% mortality so far!! https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6 …
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Alasdair Macleod proslijedio/la je Tweet
There are 152 fiat currencies that have failed due to Hyperinflation. Their average lifespan was 24.6 years and the median lifespan is 7 years. 82 of these currencies lasted less than a decade and 15 of them lasted less than 1 year.pic.twitter.com/NMGTNoOxht
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They play down coronavirus, which is closing down China's economy and will close down more. Repos double showing liquidity problems worsening. What does the Dow do? Jump 400 points. Gold down $25 Has the world turned upside down??
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Alasdair Macleod proslijedio/la je Tweet
Watching
@BorisJohnson speaking in Greenwich it is evident that, for the first time since Margaret Thatcher, we have a Prime Minister who believes in Britain and is determined to do all in his power to further the interests of the United Kingdom and the world.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
The bullish behaviour of markets as the coronavirus spreads is bizarre. The hit to the global economy will be significant yet that is ignored. Only two explanations: extraordinary investor complacency and official intervention to support markets. Both will lead to a cliff-edge.
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Alasdair Macleod proslijedio/la je Tweet
THE 7.7% FALL TODAY IN THE SHANGHAI COMP IS JUST THE BEGINNING. THE COMING FALL WILL BE GREATER THAN THE 72% FALL IN 2007-8 AS THE 15 YEAR SUPPORT LINE BREAKSpic.twitter.com/J8d0U3Nj1h
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Alasdair Macleod proslijedio/la je TweetHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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EU delusion rules supreme: EU offers UK 'best in class' trade deal but wants fishing access https://uk.finance.yahoo.com/news/michel-barnier-eu-brexit-trade-deal-negotiations-uk-110503304.html?soc_src=hl-viewer&soc_trk=tw … via
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Boris furious as EU renegades on free trade deal ( Sun Telegraph). Good. Political agreement voided. They fell into the UK’s trap. Peak EU hubris.
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Alasdair Macleod proslijedio/la je Tweet
Brexit is an opportunity to reset economic, monetary, and trade policies. |
@MacleodFinancehttps://mises.org/wire/six-things-boris-johnson-should-do-turn-uk-around …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
I have 110 new followers from USA, Canada, UK., and more last week. See http://tweepsmap.com/!MacleodFinance pic.twitter.com/uWUNe6Js1h
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Alasdair Macleod proslijedio/la je TweetHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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These are the guys in trouble on Comex IMOpic.twitter.com/bCbWLnml4O
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Alasdair Macleod proslijedio/la je Tweet
Tonight we are leaving the European Union.pic.twitter.com/CboWQzYRM4
Boris Johnson
My address to the nationHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
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Lots of retweets of this for which I'm very grateful. Some comments as to why it won't happen. Acknowledged. But I insist UK must accumulate a decent position in gold reserves. After all, it can print money to do so. No excuses!!https://twitter.com/MacleodFinance/status/1223210047288815616 …
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Market Report: Coronavirus – black swan?https://www.goldmoney.com/research/market-updates/coronavirus-black-swan#.XjRUMrMxON4.twitter …
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