With U.S. Markets closed on Monday for the Martin Luther King Holiday markets traded in narrow ranges. Monday’s gap opening saw equity markets close 1% lower across the board as traders wait to see how the American Markets react when the Cash Indexes open this afternoon. Overnight President Trump doubled down on his Greenland Rhetoric driving Futures Markets lower. This sell-off sees the S&P trading below Monday’s low while Gold has surged to a new record high above $4700 this morning. Meanwhile, the Bank of Japan has signalled more rate hikes as it tries to step the yen from weakening further. This is having no effect in this morning’s trading with USD/YEN unchanged from yesterday at 158.50. Elsewhere, Oil closed flat while Gold ended Monday with a 1.6% gain.
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For anyone following my Platinum Service it made 240 points yesterday and is now ahead by 2857 points for January having closed December with a gain of 2599 points, after ending the month of November with a gain of 4542 points, after ending October with a nice gain of 5110 points after closing September with a gain of 3774 points while ending August with a gain of 3362 points after closing July with a gain of 3753 points after closing June with a gain of 3530 points, having closed May with a gain of 3606 points, after closing April with a gain of 7685 points after closing March with a gain of 2254 points while closing February with a gain of 4180 points. January ended with a gain of 2768 points while 1997 points were gained in December. October ended with a gain of 2179 points, after closing September with a gain of 4402 points, following a loss of 301 points in August. July gained 1908 points while June saw a gain of 2074 points. The Platinum Service made a record 9619 points in October 2022. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 2300 points. I have a YouTube Channel which contains recent interviews I have given This can be viewed by clicking HERE Please subscribe to this for new interview notification
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