Ed Moya, Senior Market Analyst at OANDA kicks off today’s editorials by sharing a broad look at the markets. We start with the pullback in US markets. Ed outlines a number of near term factors that are bring in some more fear or defensive trading. This is carrying into the precious metals with gold and silver up strongly. Ed points to the 10 year inflation breakeven that tested out 2% earlier today and is at over 2 year highs. We wrap up the interview with a comment on the continued volatile Bitcoin trade.
Click here to visit the OANDA website to read over Ed’s daily note.
I have an upcoming webinar on January 6th at 11am PST (2pm EST) featuring Newcore Gold (TSX.V:NCAU – OTC:PRCNF). Newcore Gold has a current resource of 1.2million ounces of gold and a 58,000 meter drill program underway. Please click the link below to signup for free and have first access to the recording. Also please email me any questions you have for the Company – Fleck@kerport.com.