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Trump for President 2020 YouTube Channel
Today is Monday 23rd March 2020 and yesterday we published a video entitled:
Financial Update Plus New Illuminati Silver 1oz Collectible Round
And on Saturday our Gold and silver weekly update:
We highlighted that gold fell last week by $31 dollars and silver fell by $2.15 – though both metals staged a slight recovery on Friday from earlier week lows. Also, equity markets performed the worst that it has since the 2008 crisis.
We also pointed out that we should watch out for US data being published on Tuesday, Thursday and Friday of this week and we highlighted that Goldman Sachs is predicting a 24% contraction in the US economy in the second quarter of this year.
That said we further pointed out that there may be some light at the end of the tunnel in that the Deputy Governor of the PBOC commented:
“Economic indicators will likely show significant improvement in the second quarter and the Chinese economy will return to potential output level rather swiftly…..Based on payments, deposits and loan data since March, China’s real economy is improving somewhat due to earlier targeted monetary policies”
Suggesting that there is light at the end of the tunnel and that its just a matter of time.
We also showed a brief video of our new illuminati silver 1oz coin which will be given away free to silver members who have been with us at least 12 months and we are keeping our fingers crossed that they can be despatched this week, as they are now sitting on the distributors shelves.
We thought that this Monday morning we would take a brief look at the financials and gold and silver prices just to see how markets have opened and what is likely to happen when wall street opens later today.
We are preparing this podcast at 10.00 GMT with UK and European Equity markets already open and we can also see what happened on Asian markets overnight.
Well its not looking all that great this morning.
Whilst the Nikkei 225 is up 334 points or 2% the Hang Seng Index is down 1,108 or 4.9& and other Asia Pacific indices are down between 3% – 5%
Europe too is negative with the largest fall coming from the UK FSE 100 down 217 points or 4.18% followed by the DAX down 3.44% the CAC 40 down by 3.19% and the Euro Stoxx 50 down 2.91%
Futures on the S&P 500 and Nasdaq 100 indexes dropped to their daily limits in early trading before coming off the lows as the session progressed. Stocks also tumbled in Australia, and South Korea while India’s plunged more than 10% and the rupee sank to its weakest on record.
The fall in Equity futures is no surprise this morning as the main political parties failed to agree on a quick jolt to the economy with a $2 trillion stimulus.
We mentioned earlier that Goldman Sachs has predicted a 24% contraction in GDP for the second quarter but today Morgan Stanley warned the American GDP could shrink a record 30% in the second quarter. The Federal Bank of St. Louis President James Bullard said the unemployment rate may hit 30%.
Brent crude is down 1% while WTI is virtually unchanged. The dollar index is down just marginally at 102.58 from 102.81
Gold is currently down $6 at $1492 though it did initially spike to $1508 on opening and silver is unchanged at $12.59 though it has been as high as $12.68 and as low as $12.29. For those who follow bitcoin, this is down $329 today at $5,835 though it has been as high as $6,448
So we can expect a fall in US equities when they open later today and it goes without saying that we are experiencing unprecedented events with markets reacting virtually upon any and every news announcement or statement.
Important Links and videos:
Join us at:
Bullion Vault – Buy Gold & Silver
http://bit.ly/bullionvaultillumsilv
Clickbank University 2.0
http://bit.ly/2oJf0sA
Richard & Greg – Discussion: Debate & Argument YouTube Channel
Trump for President 2020 YouTube Channel
Gold, Silver and Rare Coins:
https://amzn.to/2PVinHw – (US & Overseas)
https://amzn.to/2EW8RO2 – (UK)
Stack Silver Get Gold:
https://amzn.to/37yIkUc – (UK)
https://amzn.to/33ca2md – (US & Overseas)
Donald Trump Coin & Memorabilia
http://bit.ly/2U6DCIW
News Theme 2 by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/)
Artist: http://audionautix.com/
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