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The FED Holds the Market How Long Will It Last? :: The Market Oracle ::

The FED Holds the Market How Long Will It Last? :: The Market Oracle ::
marketoracle.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketoracle.co.uk Daily Mail and Mail on Sunday newspapers.

Gold Mining Stocks: Which Door Will Investors Choose? :: The Market Oracle ::

With the current situation suggestive of a Monty Hall problem, investors are clinging to the first, bullish door. But what if a different option is more likely? The Monty Hall problem is a form of a probability puzzle, and what it shows is immensely unintuitive. Suppose you are on a game show, and you need to choose one of three doors. Behind one of them is a car and behind the others, goats. You pick a door, and then the host (who knows what’s behind them) opens one of the remaining doors, behind which there is a goat. The host now asks: “Do you want to change your door choice for the remaining doors?” So, what do you do?

Gold Price Today – 03-06-2021 – 3 June alert! Yellow metal shows weakness after hitting 5-month high on Tuesday; make use of this buying opportunity, says expert

Gold and Silver Futures on Thursday were trading with a negative bias at 12:10 pm falling by over Rs 170 and Rs 500 respectively. The domestic prices took cues from the international trends in the absence of any major domestic indicators Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities said.  After hitting its highest level of USD 1916.40 on 8 January, the yellow metal showed weakness for the second consecutive day on Thursday. It was trading around USD 1903. The subdued show in bullion was on the back of a stronger US Dollar and positive commentary on the economic situation in the US. US Federal Reserve officials have been maintaining that the current price pressures were temporary. Meanwhile, Silver was trading around USD 28.12.   

Will Gold Shine Under Bidenomics? :: The Market Oracle ::

Bidenomics is a big departure from sound economics. But when reason sleeps, gold fortunes are born. Biden’s triumph in the presidential election does not just mean that a new man lives in the White House. It actually implies a fundamental shift in economic policy . Some analysts even see Biden’s agenda as a decisive break with neoliberalism or “Washington consensus”. You see, in the old orthodoxy, most economists trusted in markets, argued for privatization, deregulation, and liberalization. Taxes and social benefits should be low and don’t discourage work and investments. The governments should run balanced budgets, avoiding large and permanent fiscal deficits , while central banks should hike interest rates to prevent inflation from running out of control.

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