Article By:
Peter Krauth
Wednesday, August 4, 2021 5:07 PM EDT
It’s been a whole year since gold hit its all-time high near $2,060. Since then, the precious metal has been in a correction phase that has seen it, along with gold miners, remain range-bound.
In this article: GDX, GLD
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Article By:
Mish Shedlock
Wednesday, August 4, 2021 4:56 PM EDT
Significant fiscal stimulus should speed faster recovery to central bank’s goals, according to Fed vice chairman Richard Clarida.
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Article By:
Tyler Durden
Wednesday, August 4, 2021 4:25 PM EDT
Natural gas futures climbed higher Wednesday to a 31-month high on new weather models forecasting hotter temperatures over the next two weeks.
In this article: UNG
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Video By:
ING Economics
Wednesday, August 4, 2021 2:58 PM EDT
Interest rates have fallen dramatically in the US and the eurozone, notably since March.
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The Fed does not directly promote AMC, yet its actions create an environment that allows AMC shares to sop up precious capital despite uncompelling valuations. This capital is therefore not available for more productive investments.
The more the market rises, of course, the more investors extrapolate the current trend into future returns.
Unless you've been living in a cave or don't spend your day with stock market machinations, you likely know that the current earnings parade has been stellar.
United Bankshares Inc's price per share was $34.37 as of yesterday's market close. One year ago its price was $26.47.
EURJPY is again coming to the downside so it appears that wave 4 is much deeper and more complex than in the first place.
'Subject to mandate' seems to be a catch-phrase these days; mandates to fly, to eat, to drink in a pub, to go to a show, and even to govern New York (of course that last one was an effort at humor, amidst a controversial backdrop).
