U.S. stocks fell sharply on Thursday on revived fears of an economic slowdown in China. The concerns centered on a new preliminary report showing that Chinese manufacturing activity actually contracted in the month of January, for the first time in six months. The news spooked global investors and drove them out of riskier assets. Stocks and currencies in emerging markets also suffered. (For example, Argentina’s currency fell by the sharpest level in over a decade.) Meanwhile, the report on manufacturing activity in the Eurozone area showed improvement, but European stocks still fell by 1% on the negative news out of China. China’s precarious economic situation continues to threaten a major worldwide selloff in risky assets like stocks. Gold prices, however, rose to a new three month high today as investors moved towards safety.
Gold surged more than 2% on Thursday, notching its biggest one-day rally in three months as sharp losses in U.S. equities and disappointing Chinese manufacturing data lifted bullion’s safe-haven appeal.
The frenetic buying of gold in China, which led to a temporary shortage of inventory, was sparked by the 28% fall in the precious metal’s price last year.
Two casinos in downtown Las Vegas, Nevada will become the first establishments of their kind to accept bitcoin as currency.
And it’s not just the number of stores that are shrinking — it’s also their size.
View the Investor Wire Archive >>
U.S. Financial MarketsReal-time Gold and Silver Prices
|
The captain reported a “near miss” with a “rugby ball”-shaped UFO, which passed within feet of his jet.
“If you find a single word, that even closely resembles dismantling or could be defined as dismantling in the entire text, then I would take back my comment.”
Cops tell victim she can escape charges by marrying her rapist…
The National Weather Service says this will likely be the largest surf event in the last 10 years.
Topic: The time to become financial prepared has never been greater than in 2014. Let’s talk about how YOU can become financially free.
Read Show Notes >>Download Now >>
(Right click link above and ‘save as’ to your device)
“Archiving the Rise of Big Brother, the Erosion of Personal Liberty, and the Fall of the Republic”
The United States’ habit of arresting criminals has not only resulted in the world’s largest prison population, but also this: more than 40% of all men in the country are arrested by their early twenties.
The U.S. Army is studying whether robots could take the place of thousands of soldiers.
Latest Gallup poll shows 66% of Americans are “unhappy with the size and power of the federal government.”
View the Liberty Wire Archive >>
You are attempting to view premium content for subscribers only. If you are a subscriber, log in here. If you are not currently subscribed, you can learn more here.
View the Daily Chart Archive >>
You are attempting to view premium content for subscribers only. If you are a subscriber, log in here. If you are not currently subscribed, you can learn more here.
Enter the Trading Room to View all Trading Activity >>
View our Trading Performance >>
Not a subscriber? Learn more here >>
“A Daily Dose of Financial Wisdom from God’s Word”
“A wise man thinks ahead; a fool doesn’t, and even brags about it!”
Provers 13:16
Best
Listen as veteran precious metals advisor, Tom Cloud, keeps you up-to-date on the gold and silver markets. Updated biweekly.
Segment 1: Tools of The Trade SEGMENT BEGINS AT 00:38 Trading coach Jerry Robinson has been in the market for 25 years and over those years, he has learned and developed a regular trading routine. Today, he shares 5 profitable trading tools that he personally uses to...
(Recorded on 06/21/22) Topics covered on this video coaching call In this special video, trading coach Jerry Robinson provides a broad overview of the financial markets. Later, he discusses the importance of creating multiple streams of income and answers member...
(Recorded on 06/14/22) Topics covered on this video coaching call In this special video, economist/trading coach Jerry Robinson recaps the explosive monetary inflation created by the Federal Reserve in recent years, which has led to historic price inflation in recent...
Please help us spread the word about FollowtheMoney.com on Facebook, Twitter,
and any other social media outlets.
