EPISODE · Jul 16, 2024 · 18 MIN
Short-Seller Grip Loosens
from GoldFix · host VBL
This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning. Gold Revaluation is a process not an event.Today:* Premium: Gold and Silver Breakout Implications* Commentary: Indian Gold DemandEquity Recap: US equities advanced on Monday amid a continued rotation into small caps.Premium / Markets: HomeworkIndian Gold Demand* What does this chart tell you about Indian Gold DemandGold and Silver Breakout ImplicationsContinues in PremiumMarket News: "Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates... Source: CNBC"Goldman Sachs posted a 21% increase in investment-banking revenue in the second quarter from a year ago, joining a slew of other big banks with double-digit gains as dealmaking on Wall Street accelerated.Source: WSJ"Donald Trump tapped JD Vance as his running mate Source: Bloomberg"The price of bit coin rose more than 10 per cent to $63,595, its highest level in two weeks, after Trump was injured in the ear during an assassination attempt by a gunman at a campaign rally at the weekend.Source: FT"China’s twin-track economy is generating doom-and-gloom headlines about domestic woes one moment and growing fears around the world about the dominance of its manufacturers the next. Source: Bloomberg"Investors are creating a “barbell effect” in fixed income markets by opting for low-cost exchange traded funds and alternative assets rather than traditional bond funds, Source: FT"Shares in Burberry plunged 16% on Monday after a disappointing fiscal first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend. Source: CNBCGeopolitics:* North Korea warned that South Korea will face devastating consequences over anti-North Korea leaflets, according to KCNA.Some headlines via NewSquawk or DataTrekData on Deck: RNC Convention 15th-18th* MONDAY, JULY 15 12:00 pm Fed Chairman Powell speaks* TUESDAY, JULY 16 8:30 am U.S. retail sales June -0.2% 0.1%* WEDNESDAY, JULY 17 8:30 am Housing starts June 1.30 million 1.28 million * THURSDAY, JULY 18 U.S. leading economic indicators June -0.3% -0.5%* FRIDAY, JULY 19 10:40 am New York Fed President Williams speaks Premium:***DO NOT SHARE THIS***
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Short-Seller Grip Loosens
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