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What Is The Buffet Indicator Saying About Gold?

What Is The Buffet Indicator Saying About Gold?

Authored by Goldbroker.com's Helder Mello Guimares via Acting-Man.com,

Chugging along in Nosebleed Territory

Last Friday, both the S&P 500 and the Nasdaq composite indexes closed at record highs in the US, with the Dow Jones Industrial Average only a whisker away from its peak set in March. What has often been called the “most hated bull market in history” thus far continues  to chug along in defiance of its detractors.

 

Chelsea Manning Freed From Prison After Obama Clemency

After spending 7 years in a military prison, Army whistleblower Chelsea (aka Bradley) Manning walked free today courtesy of clemency deal granted by President Obama.  According to NBC, Manning, 29, will remain an active-duty soldier in the U.S. Army, but won't be paid a salary and is highly unlikely to be called into active service.  That said, her "excess leave" status will legally entitle her to military medical care.

Trumpquake: Futures Wipe Out Month's Gains In One Session, VIX Spikes

Trumpquake: Futures Wipe Out Month's Gains In One Session, VIX Spikes

A risk-off mood dominated the overnight session amid growing concern over the turmoil engulfing the Trump administration, as fresh allegations add to deepening political scandals in Washington, the latest coming from Tuesday's NYT report citing former FBI director Comey’s memo which raises possibility of obstruction of justice, an impeachable offense. The dollar, already in retreat after a report that the U.S.

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