Central Bank Gold Purchases

As soon as the inflation is transitory, narrative breaks, and people realise the FED can’t be uber hawkish on interest rates as in the 1970s. Gold looks likely to gain significantly in 2023, especially if geopolitical tensions increase further.   …

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Fed Starting Campaign To Taper Its Asset Purchases

by Lance Roberts  Over the last couple of months, the Fed started its campaign to prepare markets for a “taper” of its asset purchases. Michael Lebowitz noted that Jerome Powell repeatedly affirmed the Fed “isn’t even thinking about thinking about tapering.” “As Chairman …

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Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes)

via vanguard: Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes). If you already own these investments, you can continue to hold them or choose to sell …

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TESLA Cancellations Outpace Purchases

Cancellations for Model 3 orders have picked up in recent weeks. Refunds now outpace deposits for Tesla’s new mass-market electric car, according to Needham & Co. analyst Rajvindra Gill. Tesla disputes that. In an analyst note delivered to clients Thursday, …

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