Exclusive Comments from Marc Chandler – Fri 14 Feb, 2020

Yields, US dollar, and Key Data Points Globally For Next Week

Marc Chandler, Managing Partner at Bannockburn Global ForEx joins me to recap this week in the markets and look ahead to next week. We start with the 30 year bond action that just sold at the lowest yield in history. We also comment on the run in the US dollar and overall trend toward US investments. Finally we wrap the call with what to watch in terms of news and data next week.

Click here to visit Marc free blog where he outlines what he is watching on a daily basis.


Comments:
  1. On February 14, 2020 at 8:29 am,
    cfs says:

    The strength of the dollar is showing the effect of US tariffs and trade, but if you think for one minute the US market is not both manipulated towards low debt carrying costs and dependent on other countries having EVEN LOWER interest rates you do not understand modern economics.

  2. On February 14, 2020 at 8:44 am,
    OOTB Jerry says:

    Hello……….this is Huge………jmo
    https://www.zerohedge.com/news/2020-02-14/gold-surges-new-all-time-record-highs-euros-eur-1456-ounce
    Gold Surges To New All Time Record Highs In Euros At EUR 1,456 Per Ounce
    Blow out of the cup….get a handle on this one….. 🙂

    • On February 14, 2020 at 10:02 am,
      b says:

      We recently had an all time high in cdn too.
      Still, PM shares languish.

      Just doesnt look like too many people are interested in PM shares.

      The herd follows the news and the news is the market at all time highs, life is good,couldnt be better, so, until we get a crash, which could take down PM share prices, we may not get much significant action.

      I still think the doldrums might be the time to buy.

      • On February 14, 2020 at 10:57 am,
        OOTB Jerry says:

        I was thinking of that cdn should also be up,……

        I thought the chart which is in the article is revealing…..
        Funny….the London FIx is not going so good….EU is in a mess….

      • On February 14, 2020 at 10:59 am,
        OOTB Jerry says:

        The general public is lost………gold is to expense for the sheeple…….
        $1550…….is a rent payment to the sheeple……..

        • On February 14, 2020 at 11:16 am,
          OOTB Jerry says:
          • On February 14, 2020 at 11:19 am,
            OOTB Jerry says:
          • On February 14, 2020 at 11:21 am,
            OOTB Jerry says:

            And, as happens every time the Fed tries to manage asset prices, it had blown another bubble: commenting on the hyperinflation in risk assets, Hartnett said that the “lowest interest rates in 5,000 years have guaranteed a melt-up trade in risk assets”, which the strategist had called the Icarus Trade since late 2015, noting that the latest, “e-Commerce” bubble, which consists of AMZN, NFLX, GOOG, TWTR, EBAY, FB, is up 617% since the financial crisis, making it the 3rd largest bubble of the past 40 years.”

          • On February 14, 2020 at 11:34 am,
            b says:

            When people see these gains they are far from considering PMs.

            Heck, they are more interested in bitcoin and other cryptos.

            People also might remember “500 if you want it” and all the other bs they were told from the PM community.
            All they heard was buy buy buy, always a good time to buy.
            Especially for silver and that didnt work out so well for them.

            Combine past bs, bitcoin moving up and market gains.

            I think PMs need a market crash, right now there is lots of supply to meet demand and demand could drop.

            I just think that the doldrums will be a good time to buy, same as every year.

          • On February 14, 2020 at 12:45 pm,
            Matthew says:

            Not one market sector works out so well for most people because most people forget to sell, sell, sell. Anyone who bought silver before 2010 could have made a lot of money and the same is true of most mining stocks.

            The bottom of the doldrums this year might be higher than the current levels for the metals and miners since there is very likely to be a good run before then.

          • On February 14, 2020 at 1:17 pm,
            b says:

            We will see Mathew.
            As for forgetting to sell, people that really dont understand the game were hearing buy buy buy all the way up to $50 silver.

            The feeling many left with was people in the industry say buy buy buy and actually sell sell sell, so they could be a tad leary.

            When silver hits $50 and gold gets to all time highs in american dollars, I can see people jumping on the train.

            But right now, that looks like a ways off, especially with demand from china tanking, those were big buyers.

          • On February 14, 2020 at 1:31 pm,
            Matthew says:

            It’s ok if the real action happens above $50 silver because we’ll make a fortune in the silver miners by the time that happens. Frankly, I don’t see $50 anytime soon but the miners will rise massively if even hits $25. I think $29+ can happen in less than 2.5 years.

          • On February 14, 2020 at 1:49 pm,
            b says:

            You hit the nail on the head.
            The payoff for silver always seems to be years away, or has been for a decade now anyway.

            Gold simply does what it does, which is why governments cbs and some informed people have been buying it, but silver?

            We could also see demand for silver drop big time, it is industrial after all.
            Also, we produce more than is needed, so things may not be real rosy for silver right now.

            Personally, I think we need a little heard mentality for silver as in “get it while its hot” thinking. 😉

            I have slowed down big time buying silver miners especially, my guess is there will be better oportunities during the doldrums.
            From there, I hope things change.

            Just my thinking, but whatdoIno?

        • On February 14, 2020 at 1:58 pm,
          b says:

          https://stream2.kitco.com/02-12-20_KITCO_CHAMBERS.mp4

          Bitcoin versus gold, you need THIS during outbreaks like coronavirus – analyst

          This is a very good argument for bitcoin over gold.

          People have reasons to buy bitcoin over gold.

          • On February 14, 2020 at 6:41 pm,
            Fritz Bender says:

            Bitcoin…Paypal what is the difference? We already have digital money.

  3. On February 14, 2020 at 8:56 am,
    cfs says:

    I wonder if another consequence of mass immigration into Europe, other than the culture change and cost in welfare and education costs, is not also a drastic per capita reduction in productivity relative to what it would have been without the mass immigration.
    Culture in the US is also slowly changing as corporations recognize the lack of regulation, or perhaps the bribing of politicians through PACs is paying off.
    https://mattstoller.substack.com/p/coronavirus-and-concentration-should?utm_medium=email&utm_campaign=cta

  4. On February 14, 2020 at 9:05 am,
    cfs says:

    Meanwhile China is reporting over 1,700 healthcare workers have tested positive for CoVid-19. (And, of course, the 32 year old doctor who first reported the virus is already dead.)

  5. On February 14, 2020 at 6:40 pm,
    Fritz Bender says:

    5G is child abuse.

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