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Future Returns: Why Gold is Still a Safe Haven Asset

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Today in 1968 – Congress repealed the requirement for a Gold reserve to back US currency

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Stock futures plummet, triggering a trading halt amid uncertainty at government reaction to virus outbreak

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ECB says it has more firepower to fight crisis, European Stability Mechanism has a 410 billion euro capacity

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Italian 10-year bond yields jump over 60 basis points, above 3% w/ spreads spiking spiked to 315 bps to German 10-year

View post:  Italian 10-year bond yields jump over 60 basis points, above 3% w/ spreads spiking spiked to 315 bps to German 10-year

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Investors in World Bank’s ‘pandemic bonds’ face big losses due to the coronavirus outbreak

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European markets slide despite multi-billion dollar stimulus pledges; Stoxx 600 down 3.7%

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Gold reverses course to fall 1% as flight for cash resumes

Original post: Gold reverses course to fall 1% as flight for cash resumes

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New York Fed pledges to Daily Offer $1 TRILLION in overnight repo loans this week

Original post: New York Fed pledges to Daily Offer $1 TRILLION in overnight repo loans this week

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FOMC BREAKING: TWO DAILY $1/2 TRILLION REPO OPERATIONS (morning/afternoon) to continue through this week

See original here:  FOMC BREAKING: TWO DAILY $1/2 TRILLION REPO OPERATIONS (morning/afternoon) to continue through this week

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