Thursday, March 01, 2018 7:03:12 PM
Fed chairman Powell will return to Congress tomorrow likely with both the stock market drop and a lukewarm GDP number on his mind.
A Reuters' survey of analysts concludes that "Elevated U.S. debt levels and volatility in stocks could boost gold prices above $1,400 longer-term." Overnight trading is quiet as we put a wrap on the day.
Quote of the Day
"To suppose that the value of a common stock is determined purely by a corporation's earnings discounted by the relevant interest rates and adjusted for the marginal tax rate is to forget that people have burned witches, gone to war on a whim, risen to the defense of Joseph Stalin and believed Orson Welles when he told them over the radio that the Martians had landed." – James Grant, Interest Rate Observer
Gold - Continuous Contract (EOD) ($GOLD)23mth ma
Gold - Continuous Contract (EOD) ($GOLD)bullhorn pattern
Gold - Continuous Contract (EOD) ($GOLD)mthly 10-14-23ema
Gold - Continuous Contract (EOD) ($GOLD)quarterly map
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless Ame
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