by GoldCore
◆ Severe funding pressures in U.S. money markets tipped to resurface heading into year-end by JPMorgan who warn that financial stresses are likely to ‘get much worse’
◆ Goldman Sachs and Bank of America also warn funding issues remain (see below)
◆ Federal Reserve will start buying $60 billion of Treasury bills every month
◆ Funding markets are on notice for a possible year-end liquidity crunch
◆ Growing stresses in U.S. banking and financial system should support gold
NEWS & COMMENTARY
JPMorgan Warns U.S. Money-Market Stress to Get Much Worse
Global economy faces $19 trillion corporate debt timebomb, warns IMF
Gold prices inch up on upbeat risk sentiment
Silver prices rally 1.6% — leaving gold in the dust
PM pushes for Brexit deal vote after being forced to seek delay
Goldman warns that buybacks are ‘plummeting,’ ending a big source of buying power for the market
Wall Street rises on trade optimism
SWOT Analysis: The Dutch National Bank Is Bullish on Gold
Decoding the Fed – John Mauldin
More Unanswered Questions – Ted Butler