Gold Jewelry: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewelry to meet expenses, after failed attempts at starting a home business and finding another job.
Financial Crisis
Spot Gold $1740 Below Target $1704—$1697 (Rona Mana Hai), Trade With Neal Bhai
Spot Gold $1740 Below Target $1704—$1697 (Rona Mana Hai), Trade With Neal Bhai
Gold Silver Pani Pani Power of Level – Neal Bhai
Gold Silver Pani Pani Power of Level – Neal Bhai Gold prices in India edged lower today for the second day after hitting a record high in the previous session.
Asian Markets Rise ahead of Fed Meeting – Gold Silver Reports
Fed Chairman Jerome Powell is scheduled to speak Wednesday after the Fed ends its two-day meeting.
Bad Financial Moon Rising
BASEL – No one should overestimate economists’ powers of understanding. Just as the magnitude of the global downturn that began in mid-2008 took most economists completely by surprise, so did the sclerotic nature of the recovery. Similarly, economic forecasts today appear to be nothing more than hopeful extrapolations of recent growth.
JPMorgan Predicts the Next Financial Crisis Will Strike in 2020
The good news is, the next one will probably generate a somewhat less painful hit than past episodes, according to their analysis. The bad news? Diminished financial market liquidity since the 2008 implosion is a “wildcard” that’s tough to game out.