Chart tese 2

GOLD PRICES  cut this year’s gain below 9% for US Dollar investors in London trade Thursday morning, dropping to new 4-month lows beneath $1255 per ounce as crypto-currency Bitcoin surged past $15,000 for a 2017 gain of 1,456%.
 
Commodities today slipped overall after Wall Street stock markets closed lower overnight for the fourth session running from last week’s new record highs.
 
Copper steadied after this week’s slump, but   held 9% below October’s 3-year high.
 
Protests meantime continued over President Trump’s decision to relocate the US Embassy from Tel Aviv to the Israeli capital, Jerusalem, with fundamentalist Palestinian group Hamas   calling for a new intifadaon what it deemed a “declaration of war”.
 
Rogue nuclear state North Korea today said US Air Force drills above its southern neighbor make the   outbreak of war “an established fact”.
 
“While we stand back, aghast at the complacency in Western financial markets,” says investment strategist Albert Edwards at French bank Societe Generale, “it may be China that is re-emerging, almost unnoticed, as an issue.”
 
Predicting that, as history shows, whatever triggers a crash in global markets will “highly likely be something that investors are not currently worrying about,” Edwards notes the doubling of new credit issued in China this year.
 
 
Monthly change, 2003-2017

Disclaimer

This publication is for education purposes only and should not be considered either general of personal advice. It does not consider any particular person’s investment objectives, financial situation or needs. Accordingly, no recommendation (expressed or implied) or other information contained in this report should be acted upon without the appropriateness of that information having regard to those factors. You should assess whether or not the information contained herein is appropriate to your individual financial circumstances and goals before making an investment decision, or seek the help the of a licensed financial adviser. Performance is historical, performance may vary, past performance is not necessarily indicative of future performance. This report was produced in conjunction with ABC Bullion NSW.

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