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
Of the vaccine and the test helping stock prices. Dow jones up about a hundred points at the open, seven for the s p and eight for the nasdaq more retailers reporting this morning and target looks good work samestore sales up 20 , another measure of the strength of Consumer Spending, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo says President Trump had nothing to do with the Rapid Development of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co.
Terrorism. No one has claimed responsibility for years of supporting social movements like its business, as usual with the race to the world. This is our international company. My names, you know, we begin in the french capital where protesters are continuing to vent their anger over a new security trick the filming of police images. By the way, right from police been using tear gas evening to disperse the crowd. I think lets cross live now to Charlotte Dubin speak, whos among the crowds and parsed for more and why what were seeing is actually happening things. Charlotte, theyre appearing quite tense. Whats your sense of it . Do police seem in control of the situation right now . The police are incredibly in control of the situation from what we can see, what they have done these cool doth all around the pasty area. If you just have a look at my camera, we all of the other side of the past, and you may be able to see the fence that is there, those fences and Police Vehicles blocking mo
And after years, a pharmaceutical giant supporting social movements like blocked lives, looks at whether is business as usual, what the race for 19 vaccines are likely to win for around the clock across the world. This is our Team International from the team and myself, you know, neal alone welcome. We begin in the french capital where protesters are continuing to vent their anger over a new security bill that could restrict the filming of police and Public Police have been using tear gas to disperse the crowd to all evening. And according to the countrys interior minister, dozens of officers have been injured. I, i, i, i think you got me thinking weve seen those tensions throughout the day as the protests, all tens of thousands of people take part. And now it seems that there are just perhaps a few, 100 people who are holding out the police are trying to disperse them. But there is a huge security presence a. And when you get a look down the street from where we are, and you can just
Nasdaq. Now, here are the negative for stocks today. Dr. Fauci suggesting a lockdown christmas. Why . With all the traveling and celebrating we did over thanksgiving, its expected to produce a new round of infections that will in turn require a new round of restrictions. Well have more on this throughout the show. I get the impression were being treated like children, punished for celebrating our national holiday, but dont get me started. One more item. The biden team takes shape, very similar to the Obama Biden Team that left Washington Four years ago. Neera tanden could go to the budget office, Jared Bernstein expected to become a president ial adviser, he was Vice President bidens chief economist, and back to the future . Sure looks like it, doesnt it . On the show today, the priceline ceo offering deals to get people back to travel. The waffle house ceo, hes pounding the table, keep dining rooms open, hes pleading. And mrs. Fields cookies, their ceo somehow has to replace the reven