Monthly Archives: March 2020
SOLD OUT
“Sold” refers to the answer you would have got last week, and still get this week, if you go to buy physical gold or silver, anywhere, unless you were offering a $200p/oz premium for gold and 100% on silver, with an online “dealer”. Do you think there was one mention in the media last week […]
Fire at will
It’s been very hard to find words this week to describe what is happening on the financial side of the twin pandemics this week. The US Fed finished the week with a USD100 BILLION QE purchase of treasuries and mortgage-backed securities. IN ONE DAY. The most QE got to at the height of the GFC […]
Mad Marching
Welcome to an appropriately named “Black Friday”. This week has been quite the show, so far. Before we discuss the what and when of “opportunity” arising from this current calamity, let’s make sure we know where we are. What we’re dealing with here is a collision of two Pandemics. The first is known as the […]
Hectic
What a week it has been! Where does one even start? Let’s start with a headline we didn’t see: Historic Losses Occur as Wall Street Finally Realizes the Threat That the Coronavirus Poses to the Global Economy Having not watched Financial News on CNBC since about 2009, switching it on last week certainly bought back […]
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