Gold silver all that stuff here we see some headlines about this you know of course over the past week we saw a big plane hit a new all time high its back up to it didnt die like all the media had said and in fact we had Paul Tudor Jones and we had stan truck in miller then we had micro strategy then we had in our. Black rock lows a big people get into the space and then guggenheim also said now that theyre starting to buy bit coin so turkey has no cure for a gold craze that leaves the lira vulnerable turkey is trying to stabilize their currency which has been plunging over the past few years and part of the problem is that while Foreign Investors are piling in and driving up the layer higher than they had fallen domestic savers Business People and stuff like that theyre piling into gold because theyre very familiar with gold they have a 3000 strong history year history with gold so that is kind of destabilize saying their local currency right well this is the game the Central Banks pl
Commissioner to see if she needs help. President bernal with the quorum present, we move on to the next item. The approval of the meetings of the minute of september 1st. Wrong date, im looking at the minutes. The minutes of the meeting of september 15. Upon reviewing the minutes and without amendment, do we have a motion to approve or any amendments from the commissioners . So moved. Second. Before you all vote there is nobody on the Public Comment line, so there is no need to take Public Comment. I can take a roll call vote, commissioner. President bernal yes. Commissioner green yes. Commissioner chung yes. Commissioner chow yes. And lets see if okay, i will call her as we move into the next item. That looks like the minutes passed. The next item is the directors report. Director colfax. Good afternoon. The director report, grant cocolfax. One item of note, september 30, state department of Public Health released details regarding a Health Equity metric to help continuing efforts to
And recovering from code 19 germanys government approves the biggest economic stimulus package since the 2nd world war german chancellor Angela Merkel says the aim is to give the next generations a future and one of germanys best known rock bands celebrates 40 years in music. And. Well report on how im students and annoyed best known for creating instruments albums scrap metal are turning rather melodic in their own. Im off to our viewers on p. B. S. In the United States and all around the world welcome at this. Very moment in minneapolis in the United States thousands have come together to remember the wife of george floyd it is the 1st of 3 planned Memorial Services for the africanamericans who died in Police Custody last month earlier today floyds cough and arrived at the citys North Central university now the service is being led by the veteran civil rights activist the reverend al sharpton in a fiery eulogy referring to florida death sharpton said it was time for black people to s
About 6. 6 million filed for unemployment in the past week. So 10 million who have gone into this even though it doesnt have the most recent week will watch to see how this turns out. Crude oil prices after the biggest hike after one day after maybe 26 after news that joe kernen reported here after the president said what he was going to be doing absolutely changed not only the oil market yesterday but the entire equity market as well yes like i said. You suspend disbelieve of everything at this point dont we came in, talked to him he tweeted exactly what he said. It was vintage trump expects, hopes while i certainly hope so, i expect what has been confirmed bio peck is while they are saying at least 6 million in their meeting. The president said as much as 15 maybe they are talking about overall. Opec . Yes opec the market didnt really back off yesterday after the president was racing eyebrows maybe prematurely announcing or hoping for a deal or massage people into a deal didnt back o
Flowed through china revealing how vulnerable Many Companies have become on the move new opportunities and new threats. The coronavirus has so far wiped 7 trillion dollars off wild stock since their record highs mid february the outbreak began in china which still has by far the most cases chinese factories dont just churn out cheap plastic exports anymore though they supply vital components to the tech sector Automobile Industry add pharmaceutical companies and the chinese are leaders in Artificial Intelligence and robotics so the partial shutdown of the chinese economy that was introduced to stem the virus is having a knock on effect for a colonies around the world. Its unprecedented i cant recall anything like it on our planet. In the call of yours if the coronavirus gathers speed and cripples more and more countries and in the worst case we could be facing a Global Economic situation like we had in 2008 and 9. Of us into the oppose it here were very optimistic we think it will be o