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A black swan is an unpredictable event that is beyond what is usually expected of a situation and potentially severe consequences. Black swan events are rate, have a severe impact, and many people often insist they were apparent in hindsight. The last significant black swan in financial market...
Gold's relative outperformance against most major assets has been a result of the coronavirus-related financial market panic as the search for safety continues. One consequence of this panic is a drastic shortage of physical gold bullion and bullion coins, which has put strong upward pressure ...
The wrath of the margin call selling spared no one, as safe havens including gold ( GLD ) and Treasuries ( TLT ) were also dumped during the epic collapse of the stock market. Particularly for gold, the slump wiped out 7+% year-to-date gains and turned negative within a matter of 2 weeks. S...
Introduction Global economies are in a state of turmoil, to put it mildly with billions of dollars being wiped off stock markets on an almost daily basis. Our focus is on the precious metals mining ((PM)) sector which has also been battered but a little too much in my very humble opinion. ...
Macro News Global: The past few weeks were marked by radical changes in monetary policy conducted by central banks around the world. The Fed, which has already cut its benchmark rate by 150bps into 0 percent, announced an open-ended QE that will include purchases of corporate bonds and loa...
The London Bullion Market Association and several major gold-trading banks have asked U.S. exchange operator CME to allow gold bars in London to be used to settle its contracts to ease disruption to trading, Reuters reports. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Spro...
The gap between paper and physical gold and silver markets is at extremes. Premiums on physical delivery from retail sellers are very high, delivery delays are long, and supplies are short. The gap between the paper markets and the physical markets cannot last. The gap is bound to close, with ...
The relative performance of gold continues to shine when measured against most of its biggest competitors for investors' money. In this report, we'll examine the decisive advantages that gold, currently, enjoys against equities and other precious and industrial metals. I'll also explain why th...
Comex gold futures (XAUUSD.CUR) settled +6% to $1,660.80/oz. for its biggest daily percentage surge in 11 years following the closure of several gold mines and the Fed's moves to address the corornavirus crisis. More news on: Barrick Gold Corporation, Newmont Corporation, Kinross ...
For the moment at least, the narrative appears to have changed in the past 12 hours, with President Trump and New York Governor Cuomo both shifting from talking about shutdowns to talking about (maybe) soon getting the economy back up and running again. More news on: Gold Futures, Silver F...
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NEW YORK , June 22, 2020 /PRNewswire/ -- Credit Suisse AG announced today its intention to delist and suspend further issuances of the following Exchange Traded Notes (the "ETNs"): Only the ETNs listed in the table above are affected by this announcement. For purpose...