Are central banks, in their desperate quest to intervene big time, pig time, all the time, to extend the business cycle at all costs, setting up bulls for a dive off of the proverbial cliff?
Governments and banks always seek to hoard gold when instability erupts because it not only shields their assets from decline, but it also shields their position of power...
Once again, Syria steps into the limelight as tensions rise between geopolitical rivals. Last night, a passenger plane was shot down by Syrian anti-aircraft missiles, supposedly in response to an Israeli strike on Iranian assets in Syria.
"in recent weeks, equity and bond markets gave up some of their gains as uncertainty about the economic effects of the coronavirus weighed on investors."