February 19, 2020

Gold passed $1,611 today, bringing it within ticks of its highest level in seven years as investors seek haven assets due to downgraded guidance from major companies as the short hiatus in Chinese manufacturing is beginning to be felt.  Gold has since retreated slightly and is trading at $1,607 as positive PPI and housing starts data are giving equities a boost with the Dow and S&P up around .6% and the Nasdaq up nearly 1%.