G20 Meeting Could Trigger Rebound in Commodities Prices: Goldman

Gold Silver Reports (GSR)  – “Given the size of dislocations in commodity pricing relative to fundamentals, with oil now having joined metals in pricing below cost support, we believe commodities offer an extremely attractive entry point for longs in oil, gold and base (metals),” the bank said in a note.

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Damage Control In Saudi Arabia May Not Be Able To Stop The Capital Outflow

The Saudi stock market is in turmoil. Investors are losing their confidence and pulling money out of the country. The disappearance of journalist Jamal Khashoggi, which has brought Saudi Arabia under the spotlight, proved to be a major market event. President Trump vowed “severe punishment” if the journalist was killed. Initially, the country’s Crown Prince, Mohammed bin Salman, denied knowledge about this death.

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