Ed Moya - Senior Market Analyst at OANDA – Fri 14 Aug, 2020
The balance between investor worries of another economic shutdown vs hope for a vaccine
Ed Moya joins me today to assess the mentality of investors in today’s markets. We need to balance out the hope for a vaccine and quick economic restart vs the worries that continued spikes in COVID cases would hamper the overall economy and could lead to another shutdown.
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Comments:
CFS says:
Fauci actually knows better, but he is apparently bought and paid for by Bill Gates and Big Pharma. Any covid-19 vaccine can theoretically be little better than natural immunity gained from having already had an alternative strain of a corona virus, which most of us HAVE HAD. Besides we HAVE KNOWN “cures” for covid-19, which ARE MORE EFFECTIVE than any vaccine could be.
OOTB Jerry says:
ShadowGate…………makes Fauci a Con Job…..as assumed….months ago.
CFS says:
http://www.321gold.com/editorials/moriarty/moriarty081420.html
I disagree with Monsieur Robert M.
First, Dr. Fauci should be stripped of his medical license for violating the Hippocratic Oath.
Corruptive use of office to push phony medical vaccinations in which he holds financial interests.
Then charged with malpractice of medicine, taking bribes from Bill Gates and Big Pharma.
Then fraudulent misrepresentation and perjurious testimony to Congress.
Then we might consider conspiracy to aissist in mass manslaughter.
Then how about some civil suits against Fauci and Gates seeking compensation for damages caused by RICO style dissemination of known false medical information.
There are a lot of covid-19 victims THAT DID NOT HAVE TO DIE.
Chartster says:
Tore Says just dropped ShadowGate on you tube live.
A real eye-opener!
Won’t let me post the link.
CFS says:
You mean THIS ONE ?
https://www.youtube.com/watch?v=9HFxVvrXjCg
Chartster says:
Yep, that’s the one!!
What a truth MOAB!
Tore is awesome! That girl knows her stuff. So does Burgie.
OOTB Jerry says:
OK……….What Now…………..
OOTB Jerry says:
THIS WOULD MAKE A GOOD REPOST FOR THE WEEK END SHOW>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
JIMMY>>>>>>>>>>>>>>YOU NEED TO SPEAK UP ON THIS ONE>….
OOTB Jerry says:
Should make it easy………For Durham and Barr……
OOTB Jerry says:
One scapegoat down…..humm….already to plead guilty ….
https://www.zerohedge.com/political/durham
cfs says:
Barr is not trying hard for justice…..He’s going through the motions….minimum effort.
https://youtu.be/Tp3TKp6QWxU
OOTB Jerry says:
Professor…………did you watch the video…..supplied by Chartster……
OOTB Jerry says:
Actually, supplied by you…..
Chartster says:
Jim M,
I want to hear your thoughts about ShadowGate.
OOTB Jerry says:
Ditto…..hummm might be too much to handle…..
OOTB Jerry says:
Hope you saw, my above note in HUGE LETTERS…. :)…. TO JIMMY
Wasn’t Jimmy Intel…. 🙂
OOTB Jerry says:
HEY CHARTSTER……….better put this one on a hard file, before it is taken down….
Chartster says:
There is no way they can stop the info from flowing now.
I just got through listening to Tore and Patrick on the Pete Santilli show. F’in unbelievable!
Millie Weaver (the girl that did the interview) was arrested this morning.
https://youtu.be/bvx65EtVYv
Chartster says:
https://youtu.be/bvx65EtVYvM
OOTB Jerry says:
I heard , over at Farmer Jones, (George Webb connection)…..she was arrested, on some bs charges…
Excelsior says:
Gold wraps ‘insane’ week, worst since mid-March, with loss
Aug. 14, 2020 3:30 PM ET|By: Carl Surran, SA News Editor
Gold prices (XAUUSD:CUR) slumped to their first weekly loss in 10 weeks, as strength in U.S. Treasury yields for the week dulled demand for the yellow metal.
December Comex gold settled -1.1% to $1,949.80/oz., wrapping up a 3.9% decline for the week based on the most-active contract’s settlement last Friday.
Even more volatile, September silver (XAGUSD:CUR) closed -5.9%, negating yesterday’s 6.7% surge, to $26.09/oz., ending with a 5.3% weekly loss.
“If one word could be used to describe gold’s price action this week, the best fit would be ‘insane’,” says Lukman Otunuga, senior market analyst at FXTM.
“We might have gone a little too far too fast, and we believe the market is in need of a pause, a consolidation,” says David Meger, director of metals trading at High Ridge Futures.
https://seekingalpha.com/news/3605906-gold-wraps-insane-week-worst-since-mid-march-loss?utm_medium=email&utm_source=seeking_alpha&mail_subject=gdxj-gold-wraps-insane-week-worst-since-mid-march-with-loss&utm_campaign=rta-stock-news&utm_content=link-3
CFS says:
London closes and hedge funds close out some long precious metal positions for the weekend….scaredy cats.
Pento on the general market….
https://youtu.be/f5wRDx3YGV8?t=53
Market overpriced…..can Fed afford to keep propping it up ?
Probably not in the long run……but timing is everything.
and the Dollar is the key.
Matthew says:
Warren Buffett’s Berkshire Hathaway snapped up Barrick Gold in Q2, sold Goldman Sachs
https://ca.finance.yahoo.com/news/warren-buffett-buy-barrick-gold-201428776.html
OOTB Jerry says:
Beat me….just saw that at kitco….
https://www.kitco.com/news/2020-08-14/Berkshire-reduces-Wells-Fargo-JPMorgan-Goldman-stakes-adds-Barrick-Gold.html
OOTB Jerry says:
Very Interesting…..20.9 million shares……
Now fireworks will start Monday I bet……..JMO
Matthew says:
Barrick is up about 7% in after hours trading so this is probably the news that goes with my very bullish outlook that is based on the charts. It always happens that a story appears to explain away the action that was foretold by the charts.
OOTB Jerry says:
Good job……good call…….Just adds fuel to the Bull…..
Matthew says:
I’m not yet right about my latest expectations but we will know soon. Millions of people care what Buffett says and does so Monday’s action could get interesting.
GDXJ:GLD closed the last 6 sessions below “P” but I bet that changes on Monday:
https://stockcharts.com/h-sc/ui?s=GDXJ%3AGLD&p=D&yr=0&mn=11&dy=0&id=p56191663259
The miners are finally going to regain their leverage to the metals and it is happening as I said it might a couple of weeks ago: as the metals stall.
There was evidence of it today as SILJ bottomed versus SLV more than 3 hours before SLV bottomed versus the USD.
OOTB Jerry says:
Ditto……..I said…..Monday should be interesting……
OOTB Jerry says:
Wait…..I said …Now fireworks will start Monday I bet……..JMO
I want to make sure I have stated things correctly, the monitors are watching… 🙂
OOTB Jerry says:
Well, it is Monday…..and gold up a little…..Up. $20 plus
OOTB Jerry says:
Monday again…..gold up $41…..retract…..
cfs says:
https://www.barchart.com/story/news/89900/us-productivity-rises-73-as-hours-worked-are-nearly-halved
cfs says:
https://gizmodo.com/trump-hints-hes-open-to-pardoning-edward-snowden-1844729546
OOTB Jerry says:
EBO..IRISH…………YOU OUT THERE………if, so……go up and watch the video ShadowGate…
up under chartster’s and cfs post….
OOTB Jerry says:
Note…cfs….thinks millie is not a good journalist……
CFS says:
https://pbs.twimg.com/media/Ee7vkoEXoAAXvTT?format=jpg&name=small
cfs says:
How many wats does one need to effectively treat and cure covid-19 ?
Well, there’s at least THREE the media are NOT talking about……
https://www.youtube.com/watch?v=6xklE0jTgaw
cfs says:
oops……ways not wats
CFS says:
MAYOR LIGHTWEIGHT FINALLY GETS IT….
https://news.yahoo.com/42-felony-charges-approved-chicago-223217350.html
CFS says:
https://news.yahoo.com/us-said-federal-agents-seized-183850482.html
Now Soros ?
cfs says:
https://www.mail.com/news/politics/10105224-trump-endorsement-nyc-police-union.html#.23140-stage-hero1-3
buzz says:
Wow, nice to see the motive behind AM Joe’s HO