The global Coronavirus panic and stock market crash continued today with the Dow falling another 2,352 points or a staggering 9.26%. Here is an important look at the market panic as well as gold.
It’s been a wild trading day but take a look at this…
Fed not QE reverses some of today’s massive market losses.
On the heels of the Dow tumbling nearly 1,500 points in another day of panicked trading, 7 time Graham & Dodd Award winner and Chairman of Research Affiliates, Rob Arnott, warned 1 million people are infected with the Coronavirus and 30,000 have already died from this pandemic.
On the heels of the Dow tumbling more than 1,000 points in another wild day of trading, look at what is happening with the Bank of England’s gold.
On the heels of more wild trading in global markets from bonds to stocks, crude oil and more, one of the greats just told investors to embrace the chaos.
On the heels of the Dow wiping out a more than 900 point gain before turning around and rallying more than 900 points, while the US dollar and oil rally, here is a gold update, plus look at what just spiked the most since the oil related blow up in 2016.
Yes, the stock market has been collapsing, but with gold remaining strong and the price of crude oil collapsing, the Gold/Oil Ratio is skyrocketing!
On the heels of the Dow plunging along with oil and the US dollar, here is the chart of the day for the gold bulls, plus carnage alert as a bloodbath unfolds in the oil patch.
On the heels of the Dow futures tumbling 900 and the price of gold surging above $1,700, Dr. Stephen Leeb shared with King World News his thoughts on the dangers of the Coronavirus, its impact on markets, and $20,000 gold.
Today the former US Budget Director Under President Reagan, David Stockman, told King World News that the 1,000 Dow intraday swings is a warning that the fantasy of the last few decades is finally coming to an end.
As the chaotic trading in global markets continues, one of the greats just warned “the amounts of QE will be truly staggering,” plus wild trading in gold, bonds and more.
After another wild day of trading in global markets where bonds soared and stocks plunged, gold is heading onward and upward, plus a break of this key level will cause gold bears to throw in the towel.
Spot gold just closed at a 7 year high as the Dow plunges over 1,000 and gold surges another $30.
With the Dow plunging and gold surging, one of the greats says gold and silver are headed much higher, plus fed will be forced to cut rates again very soon.
Stephanie Pomboy just issued a US dollar warning, plus a look at gold liftoff and China car sales crash.
Here is a fascinating email from a KWN reader regarding the chaotic trading in global markets and gold.
Global markets panicked in response to the Fed’s emergency rate cut, unless you own gold. Plus a look at the road to zero, check this out, intervention most egregious in 40 years and more.
On the heels of an emergency Fed 1/2 point rate cut, gold soars $50 while the Dow plunges 950, but here is the big surprise.
On the heels of a violent countertrend rally in stocks, Stephanie Pomboy says, “You are here,” including a fascinating chart, plus Macau collapse, WTF, and 3/4 point emergency rate cut.