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The balance between investor worries of another economic shutdown vs hope for a vaccine

Cory
August 14, 2020

Ed Moya joins me today to assess the mentality of investors in today’s markets. We need to balance out the hope for a vaccine and quick economic restart vs the worries that continued spikes in COVID cases would hamper the overall economy and could lead to another shutdown.

Click here to visit the OANDA website and follow along with Ed’s daily note.

Discussion
43 Comments
    CFS
    Aug 14, 2020 14:48 AM

    Fauci actually knows better, but he is apparently bought and paid for by Bill Gates and Big Pharma. Any covid-19 vaccine can theoretically be little better than natural immunity gained from having already had an alternative strain of a corona virus, which most of us HAVE HAD. Besides we HAVE KNOWN “cures” for covid-19, which ARE MORE EFFECTIVE than any vaccine could be.

      Aug 14, 2020 14:37 PM

      ShadowGate…………makes Fauci a Con Job…..as assumed….months ago.

    CFS
    Aug 14, 2020 14:11 PM

    http://www.321gold.com/editorials/moriarty/moriarty081420.html

    I disagree with Monsieur Robert M.

    First, Dr. Fauci should be stripped of his medical license for violating the Hippocratic Oath.
    Corruptive use of office to push phony medical vaccinations in which he holds financial interests.
    Then charged with malpractice of medicine, taking bribes from Bill Gates and Big Pharma.
    Then fraudulent misrepresentation and perjurious testimony to Congress.
    Then we might consider conspiracy to aissist in mass manslaughter.

    Then how about some civil suits against Fauci and Gates seeking compensation for damages caused by RICO style dissemination of known false medical information.

    There are a lot of covid-19 victims THAT DID NOT HAVE TO DIE.

    Aug 14, 2020 14:56 PM

    Tore Says just dropped ShadowGate on you tube live.
    A real eye-opener!
    Won’t let me post the link.

      CFS
      Aug 14, 2020 14:35 PM
        Aug 14, 2020 14:18 PM

        Yep, that’s the one!!
        What a truth MOAB!
        Tore is awesome! That girl knows her stuff. So does Burgie.

      Aug 14, 2020 14:53 PM

      OK……….What Now…………..

      Aug 14, 2020 14:55 PM

      THIS WOULD MAKE A GOOD REPOST FOR THE WEEK END SHOW>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
      JIMMY>>>>>>>>>>>>>>YOU NEED TO SPEAK UP ON THIS ONE>….

        Aug 14, 2020 14:00 PM

        Should make it easy………For Durham and Barr……

        Aug 14, 2020 14:19 PM

        Jim M,
        I want to hear your thoughts about ShadowGate.

          Aug 15, 2020 15:20 AM

          Ditto…..hummm might be too much to handle…..

            Aug 15, 2020 15:26 AM

            Hope you saw, my above note in HUGE LETTERS…. :)…. TO JIMMY
            Wasn’t Jimmy Intel…. 🙂

      Aug 14, 2020 14:30 PM

      HEY CHARTSTER……….better put this one on a hard file, before it is taken down….

        Aug 14, 2020 14:51 PM

        There is no way they can stop the info from flowing now.

        I just got through listening to Tore and Patrick on the Pete Santilli show. F’in unbelievable!
        Millie Weaver (the girl that did the interview) was arrested this morning.

        https://youtu.be/bvx65EtVYv

    Aug 14, 2020 14:57 PM

    Gold wraps ‘insane’ week, worst since mid-March, with loss

    Aug. 14, 2020 3:30 PM ET|By: Carl Surran, SA News Editor

    Gold prices (XAUUSD:CUR) slumped to their first weekly loss in 10 weeks, as strength in U.S. Treasury yields for the week dulled demand for the yellow metal.

    December Comex gold settled -1.1% to $1,949.80/oz., wrapping up a 3.9% decline for the week based on the most-active contract’s settlement last Friday.

    Even more volatile, September silver (XAGUSD:CUR) closed -5.9%, negating yesterday’s 6.7% surge, to $26.09/oz., ending with a 5.3% weekly loss.

    “If one word could be used to describe gold’s price action this week, the best fit would be ‘insane’,” says Lukman Otunuga, senior market analyst at FXTM.

    “We might have gone a little too far too fast, and we believe the market is in need of a pause, a consolidation,” says David Meger, director of metals trading at High Ridge Futures.

    https://seekingalpha.com/news/3605906-gold-wraps-insane-week-worst-since-mid-march-loss?utm_medium=email&utm_source=seeking_alpha&mail_subject=gdxj-gold-wraps-insane-week-worst-since-mid-march-with-loss&utm_campaign=rta-stock-news&utm_content=link-3

    CFS
    Aug 14, 2020 14:48 PM

    London closes and hedge funds close out some long precious metal positions for the weekend….scaredy cats.

    Pento on the general market….
    https://youtu.be/f5wRDx3YGV8?t=53

    Market overpriced…..can Fed afford to keep propping it up ?
    Probably not in the long run……but timing is everything.
    and the Dollar is the key.

    Aug 14, 2020 14:50 PM

    Warren Buffett’s Berkshire Hathaway snapped up Barrick Gold in Q2, sold Goldman Sachs
    https://ca.finance.yahoo.com/news/warren-buffett-buy-barrick-gold-201428776.html

      Aug 14, 2020 14:13 PM

      Very Interesting…..20.9 million shares……
      Now fireworks will start Monday I bet……..JMO

        Aug 14, 2020 14:34 PM

        Barrick is up about 7% in after hours trading so this is probably the news that goes with my very bullish outlook that is based on the charts. It always happens that a story appears to explain away the action that was foretold by the charts.

          Aug 14, 2020 14:45 PM

          Good job……good call…….Just adds fuel to the Bull…..

            Aug 14, 2020 14:04 PM

            I’m not yet right about my latest expectations but we will know soon. Millions of people care what Buffett says and does so Monday’s action could get interesting.

            GDXJ:GLD closed the last 6 sessions below “P” but I bet that changes on Monday:
            https://stockcharts.com/h-sc/ui?s=GDXJ%3AGLD&p=D&yr=0&mn=11&dy=0&id=p56191663259

            The miners are finally going to regain their leverage to the metals and it is happening as I said it might a couple of weeks ago: as the metals stall.
            There was evidence of it today as SILJ bottomed versus SLV more than 3 hours before SLV bottomed versus the USD.

            Aug 14, 2020 14:20 PM

            Ditto……..I said…..Monday should be interesting……

            Aug 14, 2020 14:22 PM

            Wait…..I said …Now fireworks will start Monday I bet……..JMO
            I want to make sure I have stated things correctly, the monitors are watching… 🙂

            Aug 17, 2020 17:28 AM

            Well, it is Monday…..and gold up a little…..Up. $20 plus

            Aug 17, 2020 17:34 AM

            Monday again…..gold up $41…..retract…..

    Aug 14, 2020 14:35 PM

    EBO..IRISH…………YOU OUT THERE………if, so……go up and watch the video ShadowGate…
    up under chartster’s and cfs post….

      Aug 17, 2020 17:26 AM

      Note…cfs….thinks millie is not a good journalist……

    cfs
    Aug 14, 2020 14:34 PM

    How many wats does one need to effectively treat and cure covid-19 ?
    Well, there’s at least THREE the media are NOT talking about……

    https://www.youtube.com/watch?v=6xklE0jTgaw

    cfs
    Aug 14, 2020 14:34 PM

    oops……ways not wats

    CFS
    Aug 14, 2020 14:57 PM
      Aug 14, 2020 14:51 PM

      Wow, nice to see the motive behind AM Joe’s HO