Ferrous31
voted
Gold prices hit new milestones last week, reaching a fresh record high of $2,600 on Friday. Expectations of further interest rate cuts bolstered the appeal of bullion, but that is not the only reason.
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
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$ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$
Once we clear 30.13 our next target is 44.04! As the Fed loses credibility with the market the more uncertainty will create volatility. The stronger the economy the less the Fed needs to ease. By the time they ease major damage will be done to the job market. Cutting by 25 bps will not be enough and 50 bps will look like panic.
Once we clear 30.13 our next target is 44.04! As the Fed loses credibility with the market the more uncertainty will create volatility. The stronger the economy the less the Fed needs to ease. By the time they ease major damage will be done to the job market. Cutting by 25 bps will not be enough and 50 bps will look like panic.
5
Ferrous31
reacted to
$ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ still has another $44 day left in her
3
1
Ferrous31
liked and voted
Hi Mooers, Are you booked for the event.
Everyone can guess and say whatever they feel, if the Feds will cut or continue with looking for more data. Some say Feds are behind the curve, a little too late.
Instead of guess work. What are the factors that will contribute to this decesion? Let’s have a look with some help from our friendly neighbourhood 🤖.
Several key economic indicators play a crucial role in determ...
Everyone can guess and say whatever they feel, if the Feds will cut or continue with looking for more data. Some say Feds are behind the curve, a little too late.
Instead of guess work. What are the factors that will contribute to this decesion? Let’s have a look with some help from our friendly neighbourhood 🤖.
Several key economic indicators play a crucial role in determ...
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34
Ferrous31
voted
Good day, traders; happy Tuesday, August 20. The market opened green but slipped into the red after a eight-session bull run went soft. Investors are watching the Democrats produce their new platform for their presidential nominee and eagerly awaiting a macroeconomics talk with Jerome Powell on Friday.
My name is Kevin Travers, here are stocks moooving on Wall Street today.
$Lowe's Companies (LOW.US)$ It fell a bit on Tu...
My name is Kevin Travers, here are stocks moooving on Wall Street today.
$Lowe's Companies (LOW.US)$ It fell a bit on Tu...
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