Core Viewpoint - The euro is currently lower against the dollar, and its rebound has been less than expected according to modeled paths, leading HSBC to suggest that the euro appears cheap [1] Summary by Relevant Sections - Currency Performance - The euro has depreciated against the dollar [1] - The rebound of the euro has not met the expectations set by its modeled path [1] - Investment Insight - HSBC indicates that the euro looks cheap at its current valuation [1]

Core Insights - The dollar is trading steadily ahead of upcoming U.S. economic data that may impact expectations for the Federal Reserve's December meeting [1][2] - Delayed data on September retail sales and producer price index will be released at 8:30 a.m. Eastern time, with the consumer confidence survey from the Conference Board scheduled for 10 a.m. Eastern time [1] Market Reaction - Analysts from Danske Bank suggest that with limited data available, the market's reaction could be more pronounced than usual, potentially influencing sentiment regarding the FOMC's December meeting [2]

RT btc quokka ⚡️🇦🇺 (@btcquokka)@ClareONeilMP In gold terms house prices have halved since 1971. Median house, 333 ounces then, now 166 ounces. House prices aren’t going UP! Fiat Ponzi dollars are just going down because there’s no cost to printing more of them. Followed to its logical end, the dollar is going to a FAT 0️⃣ ...

Core Viewpoint - U.S. stock futures suggest that the selloff observed on Monday is likely to persist, indicating a bearish sentiment in the market [1] Group 1: Market Trends - The dollar, gold, and bitcoin have all experienced declines, reflecting a shift in investor sentiment towards safer assets [1] - Treasury yields have also decreased, further indicating a flight to safety among investors [1]

There’s a new catchphrase to describe the “sell dollar and buy gold” strategy. https://t.co/wRmP4F28ng ...

Let's do final trades. Farmer Gym, >> yep, >> is up first. >> Oracle is up about 10% from the Bud Fox moment two days ago.It's got more to go. >> The abyss. The abyss.>> Yeah. >> Thank you. >> Wall Street.>> Bill Baroo, what do you got. >> U long dollar. It's closed above its 21week moving average for the first time since February.Got to watch the dollar. >> You think he was referencing the abyss that he didn't know that Bud Fox was Wall Street. It's the line from Wall Street, man looks into the abyss, righ ...

Core Viewpoint - The discussion centers around the rising price of gold and its implications for the economy, with predictions of a potential decline in gold prices due to improving economic conditions and sound monetary policies reminiscent of the Reagan era [1][2][3]. Group 1: Gold Price Dynamics - Gold prices are currently high, driven by factors such as inflation concerns and a lack of confidence in the dollar, with central banks increasing their gold purchases [4][14]. - Historical context is provided, noting that gold prices peaked at $800 an ounce before falling to less than $300 during the Reagan administration, suggesting a similar decline may occur again [3][13]. - The current gold price is viewed as unsustainably high, with expectations of a sharp decline over the next few years as economic conditions improve [2][13]. Group 2: Economic Policies and Predictions - The conversation highlights the positive impact of tax cuts, spending controls, and deregulation on the economy, drawing parallels to the policies of the Reagan era [2][9]. - There is a belief that a stable and strong dollar is essential for attracting investment and fostering economic growth, contrasting with the notion of a weaker dollar [10][11]. - The potential for peace in geopolitical conflicts, such as in the Middle East and Ukraine, is seen as a factor that could further stabilize the economy and contribute to a decline in gold prices [12][16]. Group 3: Inflation and Monetary Policy - Inflation remains a concern, with current rates above the 2% target, leading to discussions about the Federal Reserve's interest rate policies [16][18]. - The relationship between supply-side economics and inflation is emphasized, suggesting that increased production and deregulation could lead to lower prices [19][21]. - The importance of maintaining a sound dollar and low marginal tax rates is reiterated as a prescription for economic growth [22].

Talk about gold is actually for a change quite flat this morning but it's been on a tear, caught the attention of Ken Griffey and Goldman Sachs hoping that their target on gold for the end of next year. What are you seeing this morning of interest in the gold price. Yes.So as you say, it is about flat this morning. It's come off. But overnight it surged to fresh records above futures, above 4000.And actually Goldman Sachs increased their forecast for next year to 4900. You know, these are sort of unpreceden ...

Citadel’s Ken Griffin says investors are starting to view gold as a safer asset than the dollar — a development that’s “really concerning” to him.Here’s what the billionaire investor has to say about gold after its recent record highs https://t.co/6LjfsuL7O1 https://t.co/kW58qe9quM ...

Citadel’s Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development that’s “really concerning” to the billionaire investor https://t.co/nrI2IWmHvR ...