GOLDXAUSPX Physical gold is finally reshoring to America from London. Gold has performed in an inverse contango over the decades, where future prices are below the expected spot price. As a result, institutions have been making money off gold under the somewhat nonsensical assumption that gold should be stored in London. Given that inflation has occurred over the decades, the fact that gold's price has increased by less than tenfold since 1980 is almost a joke. If you had stocked a garage full of Coca-Cola instead of gold, you would have made more money.
NAS100SPXUSDJPYBTCUSDTXAU The market is in chaos and moving in extremely unpredictable ways. There are no correlations between gold, commodities, bitcoin, the stock market, bond market, and the dollar index as well. We might have answers after this political debacle between the two weirdos end.
BTCUSDT U.S. retail sales rose 1% in July, the largest increase since January 2023. The U.S. announced that the number of initial jobless claims in the week ending August 10 was 227k, with an expected number of 235k. This is the lowest number of initial jobless claims in five weeks
BTCUSDT The U.S. July seasonally adjusted core CPI MoM is 0.2%, with an expected value of 0.20% and a previous value of 0.10%. The CPI YoY is 2.9%, with an expected value of 3.0% and a previous value of 3.0%.