Financial Analysis – Week 06, 2021

Feb 16, 2021

Market Overview

 

financial-analysis-week-06-2021

 

USA

The number of babies born in the pandemic decreased by 19%.

The number of divorces decreased in the pandemic by 26% because the bad financial situation influenced them to give up the separation and to find a way to live together in patience and tolerance.

Murders in 34 cities in the pandemic increased by 30%, mostly teenagers.

Over 10 million Americans have fallen into poverty in a pandemic.

 

The price of gas exploded, due to the cold wave, because there was a great shortage of gas and the price of gas increased by 11,000%.

 

European Central Bank

The ECB’s zero interest rate policy will be maintained until 2025.

They are consciously working to reduce currencies and destroy the complex effects of the interest.

World Trade Organization

Nigerian Ngozi Okonjo-Iweala has been elected as the new head of the WTO. The former Minister of Finance was unanimously elected to the position of General Manager.

 

Russia

In January, industrial production fell by 2.5% compared to the previous year.

As expected, the Central Bank of Russia did not change the key interest rate, which is 4.25%

 

France

In France, according to the definition of the International Labour Organization (ILO), the unemployment rate in the 4th quarter of 2020 was 8.0% (projected at 9.0%) after 9.1% earlier. In December, industrial production fell by 1.6%.

 

Japan

The index, which tracks activity in the service sector, rose 7.1% in December.

GDP grew by 3.0% compared to the same quarter (2.3% is forecast), after 5.3% earlier.

 

Far East

The Far East continues to thrive with strong performance, as can be seen from the GDP data released today for Japan, Singapore, and Thailand.

 

Israel

The bad news is that Israel and several other countries that have been extremely successful in vaccinating their populations continue to record significant epidemics.

 

Stocks

Breaking records and inflation continues.

For the first time in history, the share price in relation to the American GDP was 200%.

DJ – 31,590

DAX -14.102

S&P 500 – 3,951

 

It is estimated that stock prices will fall by 70%.

 

Oil

The upward trend in oil prices continues.

Currently at 63.00.

 

Gold

The price of gold in trade in Shanghai and Hong Kong is stable and currently stands at 1,821 USD.

Based on the euro, the price of gold is stable with the dollar unchanged (current price 48,245 EUR / kg, previous day 48,155 EUR / kg).

Due to uncontrolled government and corporate financing by central banks in the shadow of the Covid-19, forecasts for the target price for gold have been raised from $ 2,300 to $ 2,500 per ounce, and I recommend investing fully in gold, silver, and precious metal reserves, due to the lack of investment alternatives.

 

Silver

Silver could move strongly upwards during the previous weeks, and even directly reach a new short-term maximum. At $ 29.85, however, there was also a sharp drop, which can be absorbed at the moment.

After withdrawing the silver at the price of 27.92 USD, a second return would be possible.

 

USD

The euro opened against the US dollar today at 1.2140.

The USD is generally stable against major currencies.

 

Russia ruble

Stable. Euro – 89.3979 and Dollar – 73.8504

 

Bitcoin

Bitcoin was moving towards the price of 50,000 US dollars.

Elon Musk is a large investor with 1.5 billion dollars and is raising the price.

 

Gerald Celente – trend researcher:

In economic terms, the trend researcher still does not expect any recovery. Instead, he talks about the biggest depression in the world. He recommends all people to buy the property of safe havens, physically, emotionally, and mentally get in the best possible shape, and think for themselves.

 

 

Branko Dragaš

Investment banker

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Market Overview