gold, page-87024

Well well

insane fx moves continue

thankfully here in Oz we have a few stocks putting on 500 m a day it seems almost daily,  not bad whe. You consider their sales almost doubled yet their cashflow from operations was negative- Anyhoo I digress

fed balance sheet - well after hitting 7.168 and then dropping to under 7 trillion - gold following - it’s slowly slowly building back

7.158 trillion - not far off all time record

USA government deficit 3 trillion for the year ended

aud gold back up towards the 2700 aud - but wild fx moves to continue

trading banks on wall as expected look to achieve best results in a decade - Morgan blitz it- trading fixed income- commodities and equities thanks to fed intervention- they are having a field day

inflation records show its not going down

asset price inflation going strong

who knows what happens in USA election - crazy town still dictates the world

China digital currency 3 rd test going well, back by central bank( backing not detailed ) is doing well

Ant financial mega float coming - to sell it they are now allowing retail to subscrib and will lend at 20 times —- ahh ha - big player selling out everywhere and financing investors - not finished yet so they will hold markets imo until they have their cash

gold usd just below 1900 for massive options expiry—- let see this month - everyone seemingly playing options on everything

balance sheet quietly climbing to new all time high - money supply as usual climbing



Disclosure is always a week behind so expecting they have already reached or eclipsed record

banks employed by fed to trade etfs- bonds - what a time for them - imagine j owing the biggest guys moves because your processing them on their behalf - hence the profits being minted in these private companies and the losses  mounting for the taxpayers - only in 2020

good luck -



https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

ps - I think barrick have finally settled with png and given the people their a stake - be interesting now to see what happens with the share price