Category: Crashing

Why Gold Is Suddenly Crashing Along With Stocks
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Why Gold Is Suddenly Crashing Along With Stocks

Gold’s price posted its biggest single-day slide since 2013. The yellow metal bottomed at $1,564.00/oz., wiping out more than two weeks’ worth of gains. The selloff was triggered by fears that coronavirus will impact demand for raw materials as economic growth grinds to a halt. Steep declines in stocks and other assets may have also…

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The Dow Is Crashing & This Ex-FDA Chief Warns a U.S. Coronavirus Outbreak Is Coming
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The Dow Is Crashing & This Ex-FDA Chief Warns a U.S. Coronavirus Outbreak Is Coming

The Dow, S&P 500, and Nasdaq all crashed hard on Monday as Wall Street began to reckon with the coronavirus outbreak. Investors piled into haven assets, igniting a gold price surge and pounding Treasury yields. A former FDA commissioner says the government needs to prepare for a terrifying U.S. coronavirus outbreak. The Dow Jones Industrial…

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