Due to the COVID-19 outbreak, we will be suspending walk-in trades until the virus has been contained.
Wednesday, April 1st, 2020 MST

Category: Stock Market

A major recession on the horizon?

Warren Buffett is considered the most successful investor of our time.  One of the indicators that he follows is the stock market’s total valuation to GDP, which is now flashing red.  Buffett’s Berkshire Hathaway currently holds in excess of $128 billion in cash. The vertical grey lines in the chart are major recessions.  Note how

Gold on the march

Record-breaking central bank and ETF buying boosted 2019’s first half demand to a three-year high, according to the World Gold Council.  Also contributing to demand was a more positive environment for Indian consumers, which have always been big jewelry buyers.

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