Gold Headed to Biggest Rise in 9 Years

Written by Swiss America

gold is money 2430052 640Gold prices look to post biggest annual rise in 9 years -Marketwatch
"Gold prices look to end the year more than 15% higher, on track to post their biggest annual climb in nine years. 'Gold has seen considerable safe haven buying from investors concerned [over] low and negative yields in the bond market and fearing a possible downturn in equities,' said George Milling-Stanley, chief gold strategist at State Street Global Advisors.

Trump Pleads Innocence in Latest Tweet

Written by Swiss America

ImpeachmentImpetuous'Say a PRAYER': Trump pleads innocence hours before impeachment -Politico
"Donald Trump began one of the most consequential days of his presidency with a national call to worship, again pleading absolute innocence and urging Americans to turn to their faith ahead of his imminent impeachment by the House of Representatives. 'Can you believe that I will be impeached today by the Radical Left, Do Nothing Democrats, AND I DID NOTHING WRONG!' Trump tweeted Tuesday. 'A terrible Thing. Read the Transcripts.

How Long Will Wall St. Euphoria Last?

Written by Swiss America

320px Wall Street New York Stock ExchangeEuphoria sweeps across Wall Street. How long will it last? -CNN Business
"What a difference a year makes. Last year, recession fears set off Wall Street's worst December since the Great Depression. Now, US stocks are capping off a blockbuster year with yet another dose of extreme optimism....Recession fears have receded for three primary reasons: The US-China trade war is cooling off, the global economy is showing hints of bottoming and central banks are coming to the rescue with easy money....

China Won't Rush Agriculture Purchases

Written by Swiss America

carrot 1565597 640China won't rush into agriculture purchases under phase one deal -South China Morning News
"Chinese buying of American farm products will be determined by how competitive they are, and not just by estimates laid out in an initial trade accord, according to a US government trade adviser. While China has pledged to buy at least US$80 billion in US produce in the next two years, according to US Trade Representative Robert Lighthizer, purchases probably will be attuned to market conditions, said Tom Kehoe, an adviser to the US Department of Agriculture and Lighthizer.

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