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Oracle (ORCL.N): It is expected to raise a total of $45 billion to $50 billion in cash by 2026.Spot gold and silver rebounded quickly, currently trading at $4,864/oz and $83.40/oz respectively.10-year US Treasury futures fell 1 point, and 30-year futures fell 7 points.February 2nd - With Kevin Warshs nomination as Federal Reserve Chairman, market focus has abruptly shifted from short-term interest rates to the Feds $6.6 trillion balance sheet and its fundamental role in the market. Zach Griffiths, Head of Investment Grade Bonds and Macro Strategy at CreditSights, noted, "He has consistently been a vocal critic of the Feds balance sheet expansion." Warsh hopes to fundamentally reverse the trend of asset expansion and push for other reforms. However, this move will face complex challenges, directly impacting not only long-term interest rates but also the core markets upon which large global financial institutions rely for daily interbank lending. If policymakers agree to shrink the balance sheet, the transmission effect in the market could lead to a conflict between the Feds and the governments goals of reducing long-term borrowing costs. This could force the Treasury or other US agencies to become more deeply involved in market management, which will face even greater challenges given the continued rise in total borrowing demand and the already over $30 trillion national debt. PGIM points out that if Warshs predictions are true, then the pressure to regulate will shift to the Treasury.February 2nd - On February 1st local time, Mexican President Sinbaum announced plans to send humanitarian aid to Cuba, including food and other basic necessities, while simultaneously seeking to resume oil shipments to Cuba "through all diplomatic channels" despite US restrictions. On the evening of January 31st, US President Trump publicly stated that he had asked Sinbaum to halt oil shipments to Cuba. On the same day, Mexican Foreign Minister De la Fuente responded that Mexico would not suspend humanitarian aid to Cuba.

Forecast for the price of gold: Gold Markets Give Up an Early Gain

Daniel Rogers

Jul 13, 2022 10:57

 截屏2022-07-12 下午5.37.37.png

 

Tuesday's trading session saw a little rally in gold prices, but those gains were quickly erased. Given that there have already been a few instances of sellers entering the market, it is more probable than not that the market will continue to drop lower. The $1750 level should continue to generate some noise. In the end, I believe that this market will continue to exhibit a lot of choppy behavior, mostly as a result of how strong the US dollar has been. That will continue to have a significant impact on both the gold markets and other commodity markets.

 

It is expected that the gold will decline and maybe approach the $1700 level if we break below the candle's bottom. The $1700 level has to be closely monitored because, based on all I can tell, a breakdown below it will trigger much more ferocious selling. In the end, I do not think this market has the momentum to change things anytime soon, at least not until we go well beyond the $1800 barrier, and it would almost probably have to do with a significant change in the bond markets.

 

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Considering this chart, it is likely that there will be a lot of commotion going forward, so pay attention to the size of your investment. You don't want to be overexposed in this market because, despite what the next move is, it's probable that we will have excessive noise and danger. This market, in my opinion, continues to experience a lot of harmful noise.


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