The Bank of England raised the interest rate by 50 basis points.
This is the largest increase in over 25 years; inflation is devastating the country.
Back here at home, jobless claims came in at 260,000. We have to wait till Friday to get more information regarding the job market.
Leave it to all the egomaniacs around the world the XIs and Putin’s and a couple of others to maintain global political tensions thru the roof.
China is the supermarket of the world, but why be satisfied, they have the need to create turmoil.
The metals had green posted across the screen as investors continue accumulating products at prices considered undervalued.
Jim Cramer is one of the biggest stock guys around; we love it when he says it’s time to buy gold. He feels that gold is poised for a significant move based on fundamentals and technical charts.
Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all.
London – Singapore – United States Canada
Australia – China – Switzerland
Brinks – IDS – Loomis – The Perth Mint