This rally in gold and the persistent supply tightness which has kept gold futures in backwardation for most of the year are indicators that something has fundamentally shifted in the gold market...
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected...
Belarusian president Alexander Lukashenko said that an air assault brigade would move to Belarus’ Western border in response to NATO exercises in neighboring nations, even as the country reels from massive anti-government protests which Lukashenko has dubbed a "color revolution" orchestrated by foreign agents.
"Looking forward, a falling ERP will outweigh a rise in bond yields, and combined with our above-consensus EPS forecast, will lift the S&P 500 index to 3600 by year-end (+7%). Our prior forecast was 3000."
“Bitcoin's futures Open Interest was 8 times higher than ETH's in February. Only 6 months later, it's now about 4 times higher. OI of ETH grew relatively twice faster than BTC...”
