The U.S. benchmark is around 17% below its February record, but the median stock trades 28% from its peak, Goldman strategists including David Kostin wrote in a note Friday.
Money Market
GoldSilverReports provides you the list of Best Money Market Funds to Buy/Invest, Best Money Market Tips and Calls In India, Best Performing Money Market Mutual Funds.
SPDR Gold Holdings Fall for Second Session
Gold steadied on Tuesday, holding close to a near one-week low touched in the previous session, as a stronger dollar and renewed interest for riskier assets dampened demand.
A Goldman Alum, a Big-Game Hunter, and $100 Billion Business
Together, this corporate odd couple has a plan to turn around the lagging fortunes of the world’s largest gold-mining company, whose shares are down 67 percent from their high in 2010.
A hedge against crypto volatility?
Gold Silver Reports (GSR) – Banks and other Reserve Bank of India-regulated entities stopped servicing cryptocurrency exchanges last month, as per an RBI directive. But within a day or two, at least two cryptocurrency exchanges in India took the peer-to-peer trading route to enable crypto-rupee trading. Read here. P2P transactions, however, do not hedge you against price fluctuations, which can be significant in crypto markets, even in a short span.
How to Invest in Gold
Gold Silver Reports (GSR) – Gold is one of history’s most famous and important metals and has been the basis for monetary systems for thousands of years. Although no country today still uses the gold standard, the demand for the product as an alternative to fiat money has picked up in recent years thanks to the impressive stability of the precious metal.
Warren Buffett Still has the Magic Touch as Berkshire Profit Grows
Gold Silver Reports (GSR) – Berkshire Hathaway reported second quarter earnings of $6.89 billion on Saturday, up from $4.12 billion a year ago.
Railroads, utilities and energy added $1.89 billion while the insurance business added $943 million.
USD/INR Spot Above 68.78, Ready For Blast, Don’t Sell Target 69++++ Neal Bhai Reports
USD/INR Spot Above 68.78, Ready For Blast, Don’t Sell Target 69++++ Neal Bhai Reports
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
“No Magic, No Miracle, Just Power of Level”
End to Ambani’s Telecom Price War May Be 185 Million Users Away
Gold Silver Reports (GSR) – The bruising telecommunications price war unleashed by the entry of Mukesh Ambani’s Reliance Industries Ltd into the sector may continue for at least a year or as long as it takes Reliance Jio Infocomm Ltd. to nearly double its user base.
Malta: Making the First Moves in Crypto Securities
Gold Silver Reports (GSR) – However, ICOs contain an implied promise by the issuer that it will work to increase the value of the security—through proprietary technological breakthroughs or other methods. This implied promise makes them securities and the SEC reserves the right to police them.
German Dax Bucks the Trend with a Move up. France’s CAC and UK FTSE Down
German Dax bucks the trend with a move up. France’s CAC and UK FTSE down
The EU indices are closed for the day and the major indices are ending mixed:
✅ German Dax rose 0.27%
✅ France’s CAC down -0.29%
✅ UK FTSE fell -0.83%
✅ Spain’s Ibex fell -0.17%