#

In today’s news, we included a report from Fed Chairman Powell on the Fed’s new strategy on inflation that is also focused on keeping interest rates down in the process…there is also an article on a highly successful UBS Advisor—a woman making a name for herself in a male dominated industry…we also found some stock market news pertaining to the dividend-fueled mining rally occurring now. That and more!
Let’s dig in…

Latest News
Female $900 Million UBS Advisor Grows Wealth During Downturn and Offers Advice Going Forward.
Jacqueline Willens has been a pioneer during her entire career. She has made a name for herself in an industry that is overwhelmingly male, building her own $900 million firm Willens Group at UBS. She’s never quite fit in with the “good old boys club,” but her clients don’t seem to care. “I never tried to be a man in the business. I wasn’t invited, nor did I play golf. So, I didn’t attend a lot of those types of functions, but it didn’t bother me.” During the coronavirus pandemic, while working from home, Willens has been buying a lot of gold and tech stocks, and she has some thoughts on where the market is headed next.
READ MORE ([link removed])

Price
Gold Futures End Lower After Volatile Session
On Thursday, gold futures ended lower after a turbulent session that saw prices move in either direction by as much as 2%. Federal Reserve Chairman Jerome Powell made an announcement that didn’t provide a boost because his news was expected—namely the Fed is making changes to the central bank’s policy framework, a move perceived as one that would provide a more accommodative monetary policy, and bullish for bullion buyers. Because this news was already on investor’s radar, some of those investors resorted to profit taking in the wake of the speech. In a statement, the Fed revealed it’s adoption of “average inflation target” and their recognition of a strong labor market. The Fed’s strategy retains 2% annual inflation as a target but…
READ MORE ([link removed])

Commentary
Degussa Market Report: We Need Sound Money to Defend and Regain Our Liberties
You can get a free PDF of this short summary of the Degussa Marketreport here. The report begins: “The title of my talk is: “We need sound money to regain and defend our liberties.” It epitomizes what the Austrian economist Ludwig von Mises called the “sound money principle.” As Mises put it: “The sound-money principle has two aspects. It is affirmative in approving the market’s choice of commonly used medium of exchange. It is negative in obstructing the government’s propensity to meddle with the currency system.”GET A FREE COPY OF THE DEGUSSA MARKET REPORT ([link removed])

Latest News
Powell Shares New Fed Inflation Strategy that Could Keep Rates Lower Longer
Fed Chairman Jerome Powell announced a surprisingly different policy that the Federal Reserve will be implementing to target inflation. He called it “average inflation targeting.” What this entails is the central bank will be more tolerant toward inflation, letting it run higher than the standard 2% target before the Fed raises interest rates. This was not the only news from the Fed—Powell also announced their plan to address employment by directing policy focus on the lower end of the income spectrum.

GET ALL THE DETAILS ON THE PLANS OF THE FEDERAL RESERVE ([link removed])

Stock Market
Here is a Fresh Take on the Dividend-Fueled Mining Rally by BlackRock’s Evy Hambro
The next wave of the mining rally will be pushed by equity income investors, according to the managers at BlackRock World Mining (BRWM): solid yields are attracting dividend investors back to the commodities sector—a sector they have long shunned. Evy Hambro and Olivia Markham’s £710m trust has delivered a Teflon type of performance when the stock market were rocked by COVID-19, as the BRWM shares rose 12.8% this year. READ MORE
([link removed])

Human Interest
VIDEO: See How Gold Bars are Made in a Factory
Ever wonder how gold bars are produced? This amazing video takes you “behind the curtain” into a factory where gold and other precious metals are processed. There is more to it than you might think, and this visually satisfying video shows you how gold bars are made. Step by step: WATCH VIDEO ([link removed])

Thanks,
Gold Silver Central

© Gold Silver Central. 2020
Gold Silver Central
848 Gold
N. Rainbow Blvd. #3975 Las Vegas, NV 89107

This email is intended for [email protected]. To unsubscribe visit
[link removed]