Morning,
Markets full of sellers, nearly everywhere one looks theres been sellers.
Indexes down, Gold down, Oil off a bit, Bitcoin and Crypto's down, IO down a bit too.
The Vix wins the day with a 10% gain, was up 16% at one stage i think.
Drone attacks in northern Israel.
https://www.zerohedge.com/geopolitical/us-restricts-diplomats-travel-israel-bracing-iran-attack-expected-weeks-endAfter spiking up to just over 2400, Gold falls back to 2344 at the moment.
$AU down to 64.6
US and UK ban importing Russian origin Aluminum, copper and nickel.
Not sure how they'll enforce it in the real world though.
The very popular Lol, Goldman Sachs, has increased it's end of year Gold price target to 2700. BofA says 3000 and UBS says 4000.
TECH - Google removing links to California news websites as part of test in response to pending legislation.
Facebook, now Google? Mmmmm.
https://www.cnbc.com/2024/04/12/google-removing-links-to-california-news-websites-after-state-bill-.htmlDimon still panicking....
https://www.cnbc.com/2024/04/12/jamie-dimon-warns-that-inflation-wars-and-fed-policy-pose-major-threats-ahead.htmlStar Casino reveals more losses! How does a Casino lose money? It's the next best thing to the Rba's printing press!
Black voters abandoning Biden.......They are very tribal too, once you get a good chunk of them most of them will jump aboard the train. Toot, toot.
https://www.zerohedge.com/political/swing-state-poll-shows-black-voters-abandoning-biden-huge-numbersA bit of a rundown of the weeks events here...
https://www.zerohedge.com/markets/gold-dollar-surged-week-stocks-crypto-purged-reflation-ww3-risk-wreck-rate-cut-hopesSunny here, blue skies but a chill in the air, currently 17C.
