Saturday, December 5, 2020

Gold & The Great Reset

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The composition of the US dollar, including what it is backed by, has been replaced many times throughout America’s history. And another replacement is...

Guggenheim To Invest Up To $530 Million In Bitcoin After Roubini Twitter Meltdown

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After relentlessly climbing from its March $4,900 lows, Bitcoin finally saw a modest selloff last week after rising 285% in nine months and 160%...

S&P 500 closes at another record Friday, gains 2% on week

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What we’re witnessing today, this week and this month, is a continuation in the rise of optimism,” said Mike Zigmont, head of trading and...

Facebook’s Libra To Launch As Soon As January

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Libra, the cryptoasset devised by Facebook, is reportedly planning to launch as early as January, as per the Financial Times, although it will be...

Sweden Unexpectedly Expands QE By 40%

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Back in 2017, Sweden made a mistake: the Governor of the Swedish Riksbank, Stefan Ingves, described the use of negative interest rates an "experiment"...

British Economy Shrinks By Most In 300 Years Thanks To COVID, Chancellor Warns

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With global stocks on track to clinch their strongest monthly performance in modern history, Sunak warned that the British economy is set to contract...

Airlines On Track To Lose $157 Billion As Global Slump Worsens; IATA Chief Negative...

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Airlines are on track to lose up to $157 billion between this year and next year, according to the International Air Transport Association (IATA)...

Dow Futures Rise 300 Points As Trump Begins Transition To Biden

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Trump tweeted that he approved of the move, but said he will “keep up the good fight” even as his reelection campaign has so...

Markets cheer Yellen pick for Treasury, seeing her focus on fixing the economy and...

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Stocks rallied as news leaked out that President-elect Joe Biden has selected Janet Yellen as his Treasury Secretary. Read More