EPISODE · Sep 10, 2024 · 18 MIN
UAE Moves to Lock-Up African Gold
from GoldFix · host VBL and CJC
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 eventToday:* Premium Analysis: UAE Moves to Lock-Up African Gold* News: Russia Selling oil for Gold in SeptemberPremium Analysis: Why The UAE African Gold Play is a Big Deal Topically* BRICS Replacing the USD in Trade:* An Alternative to the U.S/SWIFT:* Post-COVID Supply Chain Realities:* Supply Chains and Payment Chains:* Gold as a Payment Anchor:* The BRICS Payment Chain Strategy:* UAE’s Role in the Gold Market:* The Closed-Loop Model:* Trust and the Future of BRICS:Full analysis: Why The UAE African Gold Play is a Big DealNews: Continues at bottomEquity Recap:US equities rallied on Monday after a sharp selloff last week. Large caps bested small caps: S&P 500 (+1.16%) vs. Russell 2000 (+0.30%). MSCI Emerging Markets (EEM) and MSCI EAFE (EFA) added 0.84% and 1.00% respectively.Market News: "Apple introduced the latest version of its flagship device, the iPhone 16, betting it can entice consumers with modest hardware upgrades and AI technology that’s still on the horizon. Bloomberg"Huawei has received more than 2.7 million pre-orders for its new, trifold smartphone... CNBC"The US Department of Justice accused Google of running a massive ad tech monopoly that cut off potential rivals and drove up costs for publishers and advertisers in an attempt to maximise profits,: FT"A popular, fast-paced trade has boosted the options market to record volumes in recent years. Now, Wall Street is looking to push it even further WSJ"Goldman Sachs is signaling a note of caution to investors after posting some of the biggest stock advances among its peers this year. Bloomberg"Oracle beat on the top and bottom lines for the fiscal first quarter in its report on Monday. CNBCPolitics/Geopolitics: President Carter* Israeli military said it conducted an air strike which targeted a Hamas command centre in Khan Younis, * US President Biden was reported to convene his national security team to discuss the impasse in negotiations on the hostage deal, * Russian forces have attacked energy infrastructure in eight Ukrainian regions in the last 24 hours* Russian Security Council Secretary Shoigu said Russia has enough forces and continues its offensive, according to RiaSome headlines via NewSquawk or DataTrekData on Deck: NFIB, CPI, PPI* MONDAY, SEPT. 9 Wholesale inventories * TUESDAY, SEPT 10 NFIB optimism index* WEDNESDAY, SEPT. 11 CPI year over year * THURSDAY, SEPT 12 PPI year over year * FRIDAY, SEPT 13 Consumer sentiment.Final Market Check…Premium:
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UAE Moves to Lock-Up African Gold
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