Gold is headed for its worst two-day drop in history as pandemic panic grips global financial markets. Gold for delivery in April come close to crashing through the $1,500 level on the Comex market in New York on Friday, down $86 an ounce, or 5.4% from yesterday’s...
To access this post, you must purchase 2026 MoneyTalks All-In...
The markets are far more complicated than the headlines suggest – MoneyTalks predicted the timing of the dramatic change in direction and the contagion for one reason – we isolated the key variable – and no one’s talking about...
The Bank of Canada prepared to increase the cash it pumps into the financial system and Finance Minister Bill Morneau stressed the need for fiscal measures to manage the impact of COVID-19 as official Ottawa responded to another market plunge. Thursday saw sharp drops...
Reuters recently reported on Tesla’s announcement that it is in advanced talks to use batteries from China’s Contemporary Amperex Technology Co Ltd (CATL) that contain no cobalt specifically for use in cars made at Tesla’s Shanghai plant. The statement went on to say...