News and Commentary
Global Stocks Extend Slide Amid Concerns on Growth: Markets Wrap (Bloomberg.com)
Gold prices finish lower as ECB news pressures the euro, lifting the dollar (MarketWatch.com)
ECB seen taking tentative step to prop up ailing euro zone (Reuters.com)
Wall Street drops for fourth day as ECB stokes growth worries (Reuters.com)
U.S. household wealth posts record loss in fourth-quarter amid stock rout (Reuters.com)
China’s gold reserves continue to grow in February (XinhuaNet.com)
Europe Isn’t Ready for the Next Recession (Bloomberg.com)
BlackRock CEO Larry Fink Says Modern Monetary Theory Is ‘Garbage’ (Bloomberg.com)
Chinese Exports Collapse In February Despite Largest Credit Injection Ever (ZeroHedge.com)
QE – Then, Now, & Why It May Not Work (RealInvestmentAdvice.com)
Philadelphia Is First U.S. City to Ban Cashless Stores (WSJ.com)
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Gold Prices (LBMA PM)
07 Mar: USD 1,285.30, GBP 921.20 & EUR 1,144.17 per ounce
06 Mar: USD 1,285.55, GBP 978.82 & EUR 1,136.82 per ounce
05 Mar: USD 1,285.00, GBP 975.19 & EUR 1,134.78 per ounce
04 Mar: USD 1,287.45, GBP 972.93 & EUR 1,135.14 per ounce
01 Mar: USD 1,309.95, GBP 989.27 & EUR 1,152.23 per ounce
28 Feb: USD 1,325.45, GBP 996.21 & EUR 1,162.82 per ounce
Silver Prices (LBMA)
07 Mar: USD 15.07, GBP 11.47 & EUR 13.33 per ounce
06 Mar: USD 15.09, GBP 11.49 & EUR 13.36 per ounce
05 Mar: USD 15.11, GBP 11.47 & EUR 13.33 per ounce
04 Mar: USD 15.16, GBP 11.50 & EUR 13.38 per ounce
01 Mar: USD 15.56, GBP 11.75 & EUR 13.67 per ounce
28 Feb: USD 15.81, GBP 11.89 & EUR 13.85 per ounce
Recent Market Updates
– China Gold Reserves Rise To 60.26 Million Ounces Worth Just $79.5 Billion
– JPMorgan Is Bullish on Gold as a Hedge Against Rising Inflation
– Gold – It Might Be Different This Time
– Euromillions Winners To Invest In Gold In 2019?
– Gold Still on a Long Term Track to Reach $2,000 An Ounce
– “Gold Is A Global Thermometer Of Risk” – CEO Q+A: Stephen Flood, GoldCore
– U.S. Mint Suspends Silver Bullion Coin Sales After Sales Double In February
– MMT: Modern Monetary Madness Will Lead To Higher Taxes and Inflation
