Resolving economic problems and at that moment the markets switched from being worried about deflation to suddenly thinking the outlook is inflation the s. And p. Took off and we are where we are now gold and silver took off the gold silver ratio collapsed from 120 down to current 70 ought they call and took off oil took off so there was that moment and i think we discussed this in an earlier. Cost with the video with the when go dipped in april because of delivery problems on cemex but apart from that oil also basically took off so did copper dock to copper which tells us that. You know the outlook was considerably improved after the fed turned around and said we will. Print whatever it takes and it was also the day when the dollars trade weighted talked and it hasnt really stopped falling since that so 23rd of march i think is a date we should all put in our diaries that was when the world changed and it is so reebok couple that any idea that for example gold is had a wonderful run t
At the fact that its sort through 2000. 00 do you agree with what Goldman Sachs who is one of the biggest beneficiaries of the can tell you in a fact all of the sort of money system they say that the u. S. Dollar is days are nearing an end and how they determine that in their reports is that. The gold price so do you see those 2. 00 as being related and are they a little bit see you doing gloom and that the u. S. Dollar is ending soon the answer to that is yes they are related but i would put it slightly differently from the way Goldman Sachs describes it there was a day earlier in this year when everything changed it was rather like you know the tide stopped going out and started coming in all from how the part of you stopped coming in as a going out and that was the 23rd of march between more or less the beginning of the year and the 23rd of march markets sank the s. And p. Lost a 3rd of its value you had gold was just absolutely knocked down i mean certainly the open interest was no
Headlines. Fang with all the headlines in the greens, apple, amazon, netflix up 1. 5 . Tech remains hot, hot, hot. Still to come, definitely coming on todays show, coronavirus cases climb and states continue to rethink their opening plans. Well speak with fed chair James Bullard, what it means for the economy. Shares of Taylor Morrison posted record sales well speak to the ceo about whats driving the strength in the housing mark up a third of the percent. Lets start focusing on the big stories. Mike santoli tracking the markets, meg tirrell with the rising case count and courtney watching flags in the Retail Sector mike, lets kick things off with you. Market idling right here, holding above the flat line for the moment it seems like stealth pullback consolidation weve had last few weeks, s p 500, talking about a summer trading range this is what we had last summer. It looked like that on a narrow basis. Scares in both directions. Were not there in terms of prolonged sideways action. Th
Castle dream even. And a river that unites it all. And. Im in by a log on the lawn a tributary of the river running. Through my plans to take a new tour around the one valley. Im there were excited about what awaits me on the strip the river the landscapes and the challenges allen counter along the way i have 25 kilometer the head of me from via walk all the way to a town called good. Job on the shelf we catch up with our globe trotter on his adventure and kerrigan step. One of our viewers shows us the sights and sounds of moscow. And we take you on a tour of frankfurt. But for now via book just like many towns along the line this small city too has a spectacular palace this one was built in the 17th century and its considered one of the most remarkable baroque castles of the region. From here i get a great view of whats coming next and heading down to the river and out onto the water. So this is your motor on the level its a single blade paddle going on i 90 or one hand up here the ot
And the challenges allen counter along the way i have 25 kilometer the head of me from via walk all the way to a town called. Though on the show we catch up with our globe trotter on his adventure and kerry gets to. One of our viewers shows us the sights and sounds of moscow. And we take you on a tour of frankfurt. But for now im. Just like many towns along the line this small city to has a spectacular palace this one was built in the 17th century and its considered one of the most remarkable baroque castles of the region. From here i get a great view of whats coming next and heading down to the river and out onto the water. So this is your motor on the level its a single blade paddle go down stairs public one hand up here the other down here come place it in the water and. By there are any typical beginners mistakes ive never really done this then yet if you go under some low drainage then paddle out backwards this is you dont want to get caught up in the branches otherwise you could