Rising futures open interest and investor flows and decline versus the same. Declining for gold indicate the cryptocurrency gaming an edge for price appreciation and our view, thats mike mcglone, e o of bloom borer. This is really amazing. So whats happening is that the value that goal possesses as a store of value is being diminished by bitcoin because bitcoin is a superior store of value in many, many, many ways, as weve mentioned over the years. And so therefore, gold would be training more for its value as jewelry ornamentation or maybe some electronic is which would imply there are just a gold price of maybe 2 to 300 dollars an ounce, not 18 or 1900. 00 an ounce. And gold is the new aluminum. Wow. Thats like Robert Prechter style prediction, price prediction there that hes been predicting for the last, like 30 years. Well, i mean, if you look at so versus over has no longer been useful as a monetary metal. And the prices been lackluster to say the least. Gold is becoming very leas
Thank you for your comments. Next caller, please. Good afternoon, thank you for your time and attention and leadership. I hope you and your families are safe and healthy. The testimony from Business Owners made my heart race. I am judy, on the board of directors. My comments are a bit of blast from the past. I grew up from San Franciscos japan town back in the designated western addition. Mom and pop world war ii. My parents saved and borrowed money. They decided to retire and pass the business to my parents. My parents started. Redevelopment demolished. The Small Businesses provided for all of our needs from doctors to dentists, shoe repairs, barbers, bookshops and so much more. Mom and dads restaurant had celebrities. I slept to the jazz greats. Willie mays hung out. It was a Small Business on special flavor, friendliness and character. Back in the days Small Businesses and the people who loved community had a community that wases diverse. Their hard work continued to value small Bus
Ater, Susan Ferrechio takes look at how the next senate is shaping up. We also take your calls and you can join the conversation on facebook and twitter. Washington journal is next. Host the shape of president elect Joe Bidens Administration will begin to take shape today as he names a covid advisory panel. While cabinet choices may be a week or more away, he could name his chief of staff this week. Good morning, it is monday, november 9. Welcome to washington journal. Our first hour of questioning asking you what is your top priority for the Biden Administration . Here is how you take part. One line for democrats, one line for republicans, one for independence and others. Independents and others. We welcome your texts. Please include your name and where you are texting from. And on facebook as well. We will also keep you updated on some of the legal challenges that are continuing in several states to the election by the Trump Campaign. We will tell you more about those as we look for
Some of the legal challenges that are continuing in several states to the election by the Trump Campaign. We will tell you more about those as we look for your calls and comments momentarily. Here is the reporting on the incoming Biden Administration. The headline biden plans to move fast on the pandemic and the economy. President elect joe biden and his advisers planned this week to demonstrate a far more assertive strategy against the coronavirus then President Trump. Biden may take a more proactive role in the coming weeks and congressional negotiations over an economic stimulus package. Bidens proposal, some of which were posted on his new transition website, include aiming to secure funds for ramping up coronavirus testing, requiring additional protective equipment such as masks and gowns, and investing 25 billion in vaccine and manufacturing and distribution. His aides say they recognize the United States has one president at a time, nonetheless, hope to seize on the momentum fro
Thank you for your comments. Next caller, please. Good afternoon, thank you for your time and attention and leadership. I hope you and your families are safe and healthy. The testimony from Business Owners made my heart race. I am judy, on the board of directors. My comments are a bit of blast from the past. I grew up from San Franciscos japan town back in the designated western addition. Mom and pop world war ii. My parents saved and borrowed money. They decided to retire and pass the business to my parents. My parents started. Redevelopment demolished. The Small Businesses provided for all of our needs from doctors to dentists, shoe repairs, barbers, bookshops and so much more. Mom and dads restaurant had celebrities. I slept to the jazz greats. Willie mays hung out. It was a Small Business on special flavor, friendliness and character. Back in the days Small Businesses and the people who loved community had a community that wases diverse. Their hard work continued to value small Bus