Daily Market Update

Gold Steady, Stocks Fall after Fed Comments as India-Pakistan Tensions Worsen

News and Commentary

Gold steady on soft dollar after Fed comments; Palladium near $1,550 (Reuters.com)

Stocks turn negative as India-Pakistan tensions worsen (Reuters.com)

Russia and Syria tell U.S. forces to leave Syria: joint statement (Reuters.com)

Pakistan says it shot down Indian jets, carried out airstrikes in Kashmir (Reuters.com)

Fed’s Powell sees solid but slower U.S. economic growth in 2019 (Reuters.com)


Euro Drag: Germany, Holland The Only Real Euro Winners, New Study Finds (DW.com)

May Keeps Everybody Locked in Brexit Purgatory (Bloomberg.com)

Now That Housing Bubble #2 Is Bursting… How Low Will It Go? (ZeroHedge.com)

Bubble Warning: Property Prices In Dubai Continue To Plummet (ZeroHedge.com)

Can Bernie Sanders fix the broken American Dream? (DavidMCWilliams.ie)

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Gold Prices (LBMA PM)

26 Feb: USD 1,327.55, GBP 1005.79 & EUR 1,168.11 per ounce
25 Feb: USD 1,329.15, GBP 1016.80 & EUR 1,170.32 per ounce
22 Feb: USD 1,322.25, GBP 1016.15 & EUR 1,166.49 per ounce
21 Feb: USD 1,335.05, GBP 1021.85 & EUR 1,177.78 per ounce
20 Feb: USD 1,345.75, GBP 1032.86 & EUR 1,186.82 per ounce
19 Feb: USD 1,329.55, GBP 1028.81 & EUR 1,175.72 per ounce

Silver Prices (LBMA)

26 Feb: USD 15.83, GBP 11.98 & EUR 13.93 per ounce
25 Feb: USD 15.95, GBP 12.19 & EUR 14.04 per ounce
22 Feb: USD 15.87, GBP 12.20 & EUR 14.00 per ounce
21 Feb: USD 15.91, GBP 12.19 & EUR 14.02 per ounce
20 Feb: USD 16.03, GBP 12.31 & EUR 14.15 per ounce
19 Feb: USD 15.78, GBP 12.22 & EUR 13.99 per ounce

Recent Market Updates

– MMT: Modern Monetary Madness Will Lead To Higher Taxes and Inflation
– Gold Broker Has Good Sense and Prefers Gold To All That Glitters (The Times)
– The Utterly Unbelievable Scale of U.S. Debt Right Now
– The Best Time In History To Buy GOLD
– Jim Willie Interviews Mark O’Byrne – Prepare Now For Global Financial Crisis II
– 7 Major Flaws Of The Global Financial System – Excellent Infographic
– The Case for Gold In 2019 – The Economist
– Invest In Gold As a Hedge In Cashless Society – Ex IMF Rogoff

Mark O'Byrne
Executive Director

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