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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (161661)	8/24/2020 9:29:30 PM
From: TobagoJack	Respond to of 217705

C2, 'they' seem to be making it easy for us; too easy. Call me suspicious. I understand the imperative of forestalling deflation. I also fear the effort. I suppose, as long as we understand the rules and trust the Fed, I do and I do, we should be okay. In the meantime, another coincidence, weaponised tele-preacher. reuters.com Evangelical leader Falwell's fate in limbo after new reports of personal scandals Aram Roston WASHINGTON (Reuters) - Jerry Falwell Jr, whose endorsement helped power Donald Trump to the U.S. presidency, denied reports in the Washington Post and other media that he has resigned as head of the Christian university he runs, leaving the fate of the evangelical political leader in limbo following a series of personal scandals. reuters.com Business partner of Falwells says affair with evangelical power couple spanned seven years

To: carranza2 who wrote (161661)	8/25/2020 3:48:52 AM
From: TobagoJack	1 Recommendation Recommended By zamboz Respond to of 217705

<<Gold>> anti-gold forces poking out heads bloomberg.com Gold Rally Sputters With Bets on Vaccine, Economies Denting ETFs Justina Vasquez25 August 2020, 01:14 GMT+8 LISTEN TO ARTICLE The rally in gold, which surged to an all-time high two weeks ago, is showing signs of losing steam with hopes for a coronavirus treatment and signs of improving economies undercutting the metal’s appeal as a haven. Bullion posted back-to-back weekly losses for the first time since June, and on Monday headed for its third decline in four sessions. Gains in holdings of gold exchange-traded funds, a key driver of the metal’s surge this year, have also slowed. Inflows into SPDR Gold Shares, the top ETF backed by the metal, have been flat for four straight sessions, the longest run in two months. Gold has slipped about 7% from a record on Aug. 7, buffeted by improvements in some U.S. and Chinese economic indicators and speculation that efforts to expedite virus treatments could soon yield results. Investors are awaiting Federal Reserve Chair Jerome Powell’s speech Thursday at the Jackson Hole Economic Policy Symposium. Last week, Fed policy makers panned the yield-curve control idea that had helped bolster bullion. “Gold is continuing to consolidate following its rapid rise until the start of August,” Commerzbank AG analyst Carsten Fritsch said in a note Monday. “‘This can also be seen in the wait-and-see attitude of ETF investors. The gold price is likely to find it hard to make further gains without any impetus in the form of ETF demand.” Bullion has risen about 27% this year, making it one of the best-performing commodities, on massive liquidity injections from central banks and governments trying to help economies to recover from the virus pandemic. But risk-on sentiment in broader markets is now eroding those gains, with equities surging to new highs and Treasury yields starting to recover this month. The U.S. Food and Drug Administration confirmed Sunday that it had cleared a coronavirus treatment that involves blood plasma donated by people who’ve recovered from Covid-19. Separately, the Financial Times reported that Trump is considering whether to bypass normal U.S. regulatory standards to fast-track an experimental vaccine from the U.K. for use in the U.S. before November’s election. Meanwhile, Moderna Inc. said it plans to provide 80 million doses of its experimental coronavirus shot to the EU. The news on possible treatments “should be bullish for the dollar and bearish for gold,” Edward Meir, an analyst at ED&F Man Capital Markets in New York, said by phone Monday. Meir expects the metal will trade will trade from $1,870 an ounce and to $2,000 for the time being, with markets weighing Jackson Hole, coronavirus cases and the dollar. “This is just sort of a brief setback, but we need to consolidate for a while” he said. “You do need to get some consolidation as investors evaluate what’s next.” Spot gold fell 0.6% to $1,929.06 at 1:51 p.m. in New York. Futures for December delivery fell 0.4% to settle at $1,939.20. In other precious metals, silver, platinum and palladium also declined. — With assistance by Elena Mazneva Before it's here, it's on the Bloomberg Terminal. LEARN MORE

To: carranza2 who wrote (161661)	8/25/2020 3:55:11 AM
From: TobagoJack	1 Recommendation Recommended By bull_dozer Respond to of 217705

Not familiar w/ India scene, but either such IPOs mark the top when there are lots of same, or the start of a trend, that which we might know as gold banking going public and getting capitalised bloomberg.com Gold’s Rally to Give Way to Biggest Jeweler Share Sale in India Swansy Afonso LISTEN TO ARTICLE Gold’s record-setting rally is set to give wings to the largest initial share sale by an Indian jeweler, helping it overcome tumbling demand in the second-biggest consuming nation. Kalyan Jewellers India Ltd. said Monday it plans to raise as much as 17.5 billion rupees ($235 million) through a public listing as it banks on the long-term appeal of gold, a staple of Indian weddings and a popular investment option in the country. The plan comes as gold purchases by Indians this year are forecast to plunge to a record low with the coronavirus pandemic hurting the economy and pushing prices to all-time highs. Still, the Warburg Pincus LLC-backed jeweler is likely to benefit from the nearly 30% jump in gold prices this year. Read more: Jewelry Firms in Malaysia Soar 400% as Retail Chases Gold Rally “While there are issues with demand, which may probably take a year or year-and-a-half to recover, at the end of the day the IPO will sail through because there is demand for an instrument or company which is a jewelry company,” according to Chirag Sheth, a consultant at Metals Focus Ltd. “At this moment, you really don’t have many big jewelry players in India and investors don’t have too many options to put their money in except couple of companies.” The market share of organized jewelers is less than third of the country’s retail sector, while standalone, smaller stores make for the rest, according to Kalyan Jewellers. Started in 1993 by T.S. Kalyanaraman in Kerala, Kalyan has 107 stores in India and 30 showrooms in the Middle East. It competes with Titan Co., Tribhovandas Bhimji Zaveri Ltd. and PC Jeweller Ltd., which are the biggest listed jewelry companies in India currently. “The share sale could see a lot of interest as physical gold and silver continue to appeal to investors,” said Abhimanyu Sofat, head of research at IIFL Securities Ltd. “There is also a huge divergence in the valuation among listed companies in this space, which provides Kalyan Jewellers an opportunity to acquire a sweet spot in the middle with its large retail presence and brand popularity.” Before it's here, it's on the Bloomberg Terminal. LEARN MORE