With more numbers coming from the French Interior Ministry, as of 11:31 p.m. local time Macron's lead is growing to 23.61% as more city votes are counted, vs Le Pen 22.20%, with 41 Million votes counted, or 85.4% of the total. The gap is likely to expand as the final votes are tallied.
As the Dow continued to decline in the early stages of the second quarter of the 2017 trading year, today King World News spoke with the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world and he warned investors to brace for global market shock.
– Bank of England implicated in LIBOR scandal by BBC
– “We’ve had some very serious pressure from the UK government and the Bank of England about pushing our Libors lower.”
– “This goes much much higher than me” -UBS’ Tom Hayes
Fed trying to give economy ‘some gas,’ but not too much
She sees economy continuing to grow at moderate pace
Federal Reserve Chair Janet Yellen said the U.S. central bank’s task has shifted from a post-crisis exercise of healing the economy to one aimed at holding on to progress made.
Today James Turk told King World News that a massive short squeeze is about to send the price of gold soaring.
Major Problems For Gold Shorts
James Turk:
Britain's departure from the EU is "an historic moment from which there can be no turning back", Theresa May has said.
She was speaking after Britain's EU ambassador formally triggered
Trey Reik, Senior Portfolio Manager
Precious metals resumed their upward climb during the first two months of 2017. During January and February, spot gold rose 8.34% (from $1,152.27 to $1,248.33) and spot silver increased 15.08% (from $15.92 to $18.32). During early March, however,
Background
This was a target we set on Monday, June 19, 2006, however it is taking longer to get there than we anticipated back then.
It was 10 years ago but the reasons for this gold price forecast were roughly as follows:
– Gold up 1.8%, silver up 2.6% – Fed signals slow rate rises
– Dollar sells off as Fed raises 0.25% to target range of 0.75 percent to 1 percent on inflation outlook and “ebullient” stocks
– Gold’s biggest 1 day percentage gain since September 2016
The Fed hiked rates for the first time this year on Wednesday, in a widely expected move that reflects continued confidence in the state of the American economy.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
Monday, April 24, 2017 at 01:31AM