Spot gold was down 0.2% at $2,652.99 per ounce by 1657 GMT after hitting an all-time high of $2,670.43 earlier.
-- Gold consolidates after smashing record on rate-cut momentum
Spot gold was down 0.2% at $2,652.99 per ounce by 1657 GMT after hitting an all-time high of $2,670.43 earlier.
-- Gold consolidates after smashing record on rate-cut momentum
The political environment suggests the election is Trump’s and Republicans’ to lose. Nearly every indicator of the election context is favorable to the Republican Party, and those that aren’t are essentially tied rather than showing a Democratic advantage. Nevertheless, the two major party presidential candidates have similar favorable ratings in Gallup’s September poll, echoing presidential preference polls that suggest a neck-and-neck race between Trump and Harris.
Here.
On Monday, October 6 Jim Cramer came on the Today Show at 7am and told people who needed their money in the next five years to sell their stocks.
The S&P 500 fell from 1099 to 848 by October 27th, almost 23%, on its way to the March 9, 2009 closing low at 676 (there was an intraday low of 666 on March 6).
Over 500 bank failures marked the era fueled by these events, and more than 6 million lost their homes.
And no one went to jail.
Nothing good will come of ending the filibuster, either, not with the country this divided.
Although the filibuster is not in the constitution, the senate filibuster rule was as old as the constitution, and it acts like the veto power of the president which is in the constitution, except it is the senate's veto over the house so to speak.
It helps keep things bipartisan, and often slows down things which haven't been thought through enough. Obviously it hasn't been foolproof.
It doesn't occur to these people that Republicans would retaliate in kind when they regain control of both chambers of Congress, passing their biggest ideas on simple majorities.
Retiring Senator Joe Manchin said ending the filibuster would turn the Senate into "the House on steroids," which is exactly right.
Retiring Senator Kyrsten Sinema said Republicans would use the new power "to ban all abortion nationwide", which is unlikely but possible.
But still Kamala persists, because she's not too bright.
Gold prices surged to a record high on Tuesday as a cocktail of factors, from hopes of further U.S. rate cuts and China stimulus measures to elevated Middle East tensions, lifted demand.
Spot gold steadied at $2,625.25 per ounce after hitting a record high of $2,639.95 earlier in the day.
U.S. gold futures were flat at $2,651.30.
More.
One year ago gold was ~$1,825.
And updated 39 minutes ago lol:
Spot gold was up 1.1% to $2,656.38 per ounce after earlier hitting a record of $2,654.96. U.S. gold futures gained 1% to $2,680.00.
As many police departments are still in the process of complying with the FBI’s new reporting requirements, experts predict that the national crime data is likely to be incomplete for years to come, and will leave more room to politicize crime statistics without concrete evidence. These issues are likely to become more urgent as the country moves closer to another election cycle where crime is certain to be a potent issue: In 2024, the FBI is likely to release its national crime data just before the election.
More.
And . . . right on cue:
But who is running the show right now?
And why is no one . . . alarmed?
The worry is not that Biden will say something overly candid, or say something he didn’t mean to say, but that he will communicate through his appearance that he is not really there. ...
Biden instead was cocooned within mounting layers of bureaucracy, spoken for more than he was speaking or spoken to. ...
the traveling protective pool — the rotating group of reporters, run by the White House Correspondents’ Association ...
In April . . . My
heart stopped as I extended my hand to greet the president. I tried to
make eye contact, but it was like his eyes, though open, were not on.
His face had a waxy quality.
-- Olivia Nuzzi, "The Conspiracy of Silence to Protect Joe Biden", New York, July 4, 2024
https://nymag.com/intelligencer/article/conspiracy-of-silence-to-protect-joe-biden.html
https://archive.ph/z0ULo#selection-1637.80-1637.190