Volatility Index – Could the decline be followed by a rise?
Review The Volatility Index on the S&P 500 has seen a decline of about 8 points since June 16, from 34.90 to 26.70. The reason for this was the recovery…
Review The Volatility Index on the S&P 500 has seen a decline of about 8 points since June 16, from 34.90 to 26.70. The reason for this was the recovery…
U.S. automaker Tesla has fallen to below 40% of its Nov. 4, 2021, record high of $1,243 to a current $734.76 due to various headlines over the past several months.…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review: EUR/USD did not get above the horizontal resistance in the USD 1.0625 area mentioned last week in the past trading week. The weekly high was in the area of…
By: Henry Philippson Review: The conclusion of the latest review (“DAX commentary: Poor sentiment as a buying opportunity?”) from last Friday was as follows: “The relative weakness of the German…
The shares of the media group, which is included in the Dow Jones Industrial Average, have been among the high flyers on Wall Street in recent years. However, since the…
While the DAX, Germany’s leading index, slipped below its interim low in May, Deutsche Bank’s share price stabilized well above its May low of EUR 8.80. The share price fell…
Shares in the SMI-listed Swiss reinsurer corrected the full recovery from the second half of March in recent weeks, settling back in the CHF 72-73 range. In this support area,…
Review: The index took advantage of the holiday-related absence of American market participants for a rise above the resistance area 13,200 to 13,250 points mentioned yesterday. Today, the index then…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review: The small wave of euphoria in the morning with prices above 13,400 points gave way to initial profit-taking in the afternoon, despite a very robust Wall Street performance after…
The shares of TecDAX high-flyer Nemetschek have also suffered considerably in recent weeks. How should we assess the technical situation of the share? An analysis in the weekly chart of…
Review: After a lethargic trading session, the bulls took command yesterday and temporarily lifted the index back into the 13,200-point range. However, after weaker purchasing managers’ indices from France, Germany…
The purchasing managers’ indices published this morning from Germany, France and the euro zone came in below the expectations of the analysts’ guild and caused recession fears on the market…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review: The index has been performing significantly weaker than its overseas counterparts for several days. While the S&P500 and the Dow Jones Industrial Average were able to recover significantly, the…
After the share price collapse at the end of February/beginning of March following the invasion of Ukraine by the Russian army, the stock was able to recover the bulk of…
Review: The week before last, I already published an analysis of the steel group, and the target price of €6.50 was almost reached. This is also due to the announcement…
Review: The index was able to recover from the previous day’s losses yesterday in the run-up to the interest rate decision of the U.S. Federal Reserve. In after-hours trading, the…
Technology stocks came under significant selling pressure in recent weeks in line with the significant rise in interest rates worldwide. Defensive stocks, such as those from the consumer goods sector,…
Good morning! These are the levels I am watching today for a possible entry. Henry Philippson
Review: The index came after the previous day’s heavy losses also on yesterday’s Tuesday under selling pressure and slipped to 13,300 points. In after-hours trading, it even went as low…
Review: It is already known that German Lufthansa, whose share price has not only been in a downtrend since 2018 (high of €22.20), but which fell below €5 in March…
The conclusion of the latest observation of May 18 (“CARREFOUR – plan for correction”) was as follows: “The performance of the past weeks left a bearish wedge formation in the…
Review: Except for a small rally in the morning to 13,650 points in the morning, the bulls did not really get a foot in the door on yesterday’s trading day…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review The share of Germany’s largest steel producer has now been in a strong downtrend for several years. Price losses from 2018-2020 have not yet been recovered. Positive New at…
Review: Everything Lagarde had told yesterday at the ECB press conference was known and no surprise. However, the announcement of the interest rate turnaround (nothing happened at all yesterday) was…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review The volatility index (VIX for short) on the U.S. index S&P500 has been moving since between 26 and 34 points at the end of April, reflecting the recent sell-off…
Review Since the beginning of April, the S&P has been in a downtrend. As stated in the article of 27.05. mentioned we could see a break and further rise of…
Tesla founder Musk made negative headlines today, saying he has a “super bad feeling” about the overall economic situation and even expects to lay off up to 10% of Tesla’s…
Review: The conclusion of yesterday’s view (“DAX commentary: Is the correction over?”) was as follows: “With the rise above the short-term relevant downtrend on the hourly chart, the bulls took…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
The share was one of the strongest performers in the DAX40 today (Thursday). How should we assess the chart situation? Will the breakout succeed? After the bullish reversal at the…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
The Bochum-based real estate group announced today that, following the rent increase at the beginning of the year, it intends to raise rents again for the Group’s 500,000 managed residential…
Review: Yesterday, the index held comparatively stable after the setback in the morning, then today a first important support level was reached with the SMA100 in the hourly chart, which…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review: The conclusion of yesterday’s view (“DAX commentary: FOMO rally at the end of the month!”) was as follows: “After the 700-point rally of the past trading days, the index…
Review Proctor & Gamble is a solid company and that is well evidenced by its stock price. Since the start of the pandemic, P&G’s stock price has nearly doubled, and…
After the latest observation from May 16 (“INTEL – The cow is not yet off the ice”), the share should continue to decline and mark new movement lows. This is…
Review: The index was significantly stronger last Friday and at the start of the new trading week than recently prospected, after a larger upward price gap at the start of…
Review: EUR/USD in the past trading week brought the in the last week outlookfavored rise “to the range 1.0750 to 1.0800 USD”. What lies ahead in the coming trading days…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review As Article from 20.05 mentioned, the S&P was facing a decision. It turns out that the index has taken air after all and thus a positive investor sentiment can…
Review: After an initially weaker opening, the German stock market barometer gained several hundred points on yesterday’s holiday and climbed back above 14,250 points. This morning, the rally initially continued,…
Review Since the beginning of the year, Deutsche Bank’s share has fared like the market as a whole. After the low in March, there was a swing to the upside,…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a…
Review: EUR/USD recovered significantly in the course of the past trading week. The main reason for this were statements by ECB officials regarding the upcoming interest rate hikes. EUR/USD managed…
Review: Following the late Wall Street rally and positive guidance from Asia, the German stock market barometer started the new trading week with a larger upward price gap and at…
Resistance: 14.878+14.900+14.999 Support: 14.650+14.500+14.350 Review: In the past hours, the DAX continued yesterday’s recovery movement and corrected part of the glaring price losses from last Monday. The market is obviously…
The US benchmark index S&P 500 is currently unable to recover. On Friday, the closing price was almost two percent lower than on the previous day. Currently, the lowest in…
Video games provider Activision Blizzard, which has come under pressure from numerous scandals and unexpectedly weak figures, is being taken over by Microsoft – for almost $70 billion. Microsoft Corporation…
The Unilever Group is considering a strategic realignment, which is giving the share price a strong boost at the start of the new trading week. How should we assess the…
After the failed takeover attempt by Paypal last year, the Pinterest share has continued its downtrend. After stumbling in the spring of 2021, the price plummeted May from the original…
Review: After several weeks of sideways movement, the “lid was blown” last week and the pair climbed above USD 1.1480 at times – despite record US inflation data mid-week…
The share of the German fashion company showed quite strong last year. While the share price was still below €26 at the beginning of the year, it rose to almost…
At present, investors at SAP are waiting anxiously for the quarterly figures at the end of January. SAP SE, headquartered in Walldorf, Baden-Württemberg, Germany, is a publicly traded software company.…
The U.S. labor market data were eagerly awaited by investors today. The number of new jobs created outside U.S. agriculture surprisingly fell to 199,000 in December from 210,000 the previous…
The past year was relatively weak for the game publisher EA. While it had doubled overall in the previous two years, 2019 and 2020, it barely budged last year. It…
Ford Motor Co. said Tuesday it plans to nearly double production of its hotly anticipated F-150Lightning all-electric pickup to meet rising demand, and the automaker is opening the first wave…
In recent years, the oil price has repeatedly attracted attention due to its highly volatile movements. After standing extremely low as recently as the spring of 2020, even showing negative…
Over the past few days, shares of Disney have definitely been among the winners. After a downward trend in the weeks before, the tide now seems to be turning. …
After some turbulent days, the American index can rise today properly. For the end-of-year rally expected by many has so far failed to materialise. A very volatile week is behind…
San Francisco-based Square, a financial services and mobile payments company, recently changed its name to Block Inc. renamed. The company sells several software and hardware products and has become a…
In the positive market environment, the Siemens share is also able to gain again on Thursday. The record high of EUR 156.98 reached in November is already within reach again.…
Shares in Tesla, the American electric car maker, have posted a total annual gain of 37% through early November. The share then reached its record high on 04.11. at $1240.…
Apple is currently really gaining momentum and is able to build one high after the other. The stock is currently trading at $179.45. Apple Inc. is a U.S. hardware and…
Shares in Leverkusen-based chemicals and pharmaceuticals group Bayer are up almost 3% on the Xetra stock exchange today. As the company has recently aroused the interest of investors again with…
Shares in the Volkswagen Group are up sharply following a report that the IPO of the sports car subsidiary Porsche is progressing. However, a decision has still not been made.…
American chipmaker Intel has attracted attention in recent days with a new venture to expand in Europe. According to the report, the company plans to build a new chip factory…
Allianz can promise shareholders strong growth in the years ahead. The share reacts positively. Allianz SE, headquartered in Munich, is a listed insurance group founded in 1890 and one of…
Die Börsen konnten sich heute stark erholen. Die jüngsten Kursverluste nach dem Auftauchen der neuen Coronavirus-Variante Omikron und Hinweise auf eine etwas schnellere Straffung der US-Geldpolitik als gedacht sind heute…
Video conferencing provider Zoom is actually one of the winners of the Corona crisis. The company’s services are used especially for online meetings of companies, but also online teaching events…
Heute gab der Twitter Chef Jack Dorsey überraschend seinen Rücktritt bekannt. Wie das Unternehmen am Montagnachmittag bestätigte tritt Twitter-CEO Jack Dorsey mit sofortiger Wirkung von seinem Chefposten zurück. Beerben wird…
Following the IPO of Robinhood Markets on July 29 this year, the share price is now hitting lows as winter approaches. Initially quoted at around $40, the shares initially doubled…
Adobe stock was able to create a new all-time high on Friday and is trading just below it today. Adobe Inc. is a US software company. The Group provides software…
The DAX was also able to reach new historic highs today. Despite a further rise in new Corona infection figures and the threat of restrictions that could weigh on the…
ASML, the Dutch lithography systems provider for the semiconductor industry, has seen its share price rise sharply by over 80% this year. Since January, the stock has risen from under…
Unity Software Inc. (trading as Unity Technologies) is a U.S. video game software development company based in San Francisco. Unity Technologies was founded in Copenhagen in 2004 by Icelander David…
Last Tuesday, Lemonade Inc. The business figures from the 3rd quarter of this year are known. The insurance company, which aims to use artificial intelligence and machine learning to reshape…
The Siemens share is trading significantly higher today. This is because the Group is exceeding its own forecast and is preparing to divest further Group units. The group increased its…
The world-renowned ride-hailing company Uber recently released its financials from the third quarter of this year. Uber reported a 72 percent year-over-year increase in revenue to $4.8 billion after the…
Ford, the second-largest U.S. automaker, posted better-than-expected third-quarter results and raised its profit targets despite the global chip crisis. Ford Motor Company, headquartered in Dearborn, USA, is the world’s sixth…
Following news from Pfizer on Friday, several pharmaceutical companies were among the significant losers on Friday. BioNTech was one of them. Biontech SE is a German biotechnology company based in…
The stock of Paypal, the popular payment service provider for online shopping, has been in a strong downtrend since the summer. Since the high in July, the company’s stock has…
Deutsche Post was again able to increase its forecasts for 2021 and 2023. Deutsche Post AG, headquartered in Bonn, is a listed logistics and postal company that emerged from the…
TaskUs is an international company that provides outsourcing solutions to more than 100 clients in e-commerce, social media, gaming, ridesharing, FinTech, HealthTech and other industries. High customer and employee satisfaction,…
Lithium, a raw material needed in battery production for electronic devices and, increasingly, electric cars, is in danger of running out by the middle of the decade. Although global reserves…
Spotify rose 7 percent in New York today despite issues with merchandise replenishment and weaker growth. Although the volume transacted via the company’s platforms rose by 35 percent to almost…
On Tuesday, AMD published its quarterly figures: According to them, the semiconductor company recorded record sales and one of the highest profits in the company’s history with almost one billion…
Tesla stock sparks share price fireworks after large order of 100,000 cars. Because the US car rental company Hertz is investing billions in the expansion of its electric car fleet…
Last week we could see new hopes with a break of the downtrend after the prolonged decline of the Chinese stock market. Major problems in the Chinese economy, such as…
Valneva’s stock has risen in recent days on positive vaccine data. The latest study results from Valneva look promising: according to these results, the Covid-19 vaccine from the French-Austrian company…
With an all-time high of $67000, the cryptocurrency is surpassing its previous highs from mid-April by about $2000, showing new strength after the crypto crash in May this year. The…
On October 19, Netflix unveiled its financial results for Q3 2021. One was able to generate revenue of around $7.5 billion in the last quarter of 2021. Compared to the…
The stock price of a smaller company called Voyager Therapeutics Inc (NASDAQ: VYGR) recorded a strong increase of 46% this Monday. And that’s after the stock recently hit a low…
Among the performers this week was the stock of Siemens Healthineers. The stock was up more than 3 percent this week. In XETRA trading on Friday, the stock gained 0.7…
The German stock index was able to recover further today. The DAX exited trading with a gain of 1.40 percent at 15,463 points, just below its high for the day…
Investment firm BlackRock opened its books today and significantly exceeded expectations. BlackRock Inc. is an internationally active US investment company based in New York City. With $9.5 trillion in assets…
CureVac stellt die Entwicklung des COVID-19-Impfstoffs ein und konzentriert sich auf einen neuen Corona-Impfstoff, der für 2022 geplant ist. Dieser wird in Zusammenarbeit mit dem britischen Pharma-Riesen GlaxoSmithKline entwickelt. CVnCoV…
Facebook, Instagram and WhatsApp were offline at the same time. An ex-Facebook employee is causing a deep crisis with revelations. This could be the most serious crisis since the Cambridge…
The last week on the stock market was extremely mixed. New month, new momentum: hopes for a Corona drug from Merck have given Wall Street a strong boost. The weekly…
In recent weeks, Nike stock has been trending sharply south. From its high on Aug. 6, 2021, Nike stock has since fallen 15 percent. NIKE Inc. is an American sporting…
Rheinmetall stock was able to perform positively today. Because one has received a new order from the Bundeswehr. The German defence contractor Rheinmetall has received an order from the Bundeswehr…
Microsoft stock managed to rally significantly today. The reason is obvious! That’s because Microsoft is increasing its dividend and buying back its own shares. So Microsoft is returning more money…
Crocs Inc. is a publicly traded U.S. company that markets plastic footwear, particularly the well-known clog called the Classic. Feature of Crocs clogs are originally bright colors; like light green,…
Waste Management (WM) is a US waste management company founded in 1968 by Wayne Huizenga, Dean Buntrock and Larry Beck and headquartered in Houston, Texas. The company’s shares are traded…
On Running sets off at a sprint. The running shoe manufacturer is scheduled to make its stock market debut as early as September 15. With the date of the listing…
The Moderna share has risen strongly again in the current trading week, with a nearly double-digit increase in the share price. Investors are cheering mainly because of the announced combination…
Social media company Twitter has been bringing good news to light lately. Twitter recently announced that it is testing a new feature called “Communities,” which is designed to encourage groups…
The German stock index fell back very significantly today. After a strong start with a high for the day at 16,006 points, the DAX quickly fell again rapidly from midday…
The TeamViewer share is currently up almost four percent, making it today’s number 1 in the TecDAX. The stock has thus made a chart breakout. From a chart perspective, TeamViewer…
The EUR/USD pair stalled in today’s trading session. The German GfK consumer climate surprisingly dropped significantly in September to minus 1.2 points – the lowest value since June. The EUR/USD’s…
ASML marks one all-time high after another. The share is currently unstoppable. ASML stock is in long term uptrend since 04/06/2020 and has gained +192.29% during this period. The distance…
The shares of the German financial services provider Lang & Schwarz are currently falling sharply in after-hours trading. The reason for this is a press release in which both the…
Embracer Group opened its books to investors this week for the quarter just ended. It was possible to achieve a profit of SEK 2.30 per share. In the same quarter…
After the publication of Nvidia’s quarterly figures, the chart went down only very briefly, then it went up by around 1.8 percent in after-hours trading. No wonder, as the chip…
Without question, Swiss Post has benefited from the additional boost to online retailing since the start of the Corona crisis. But the German group believes the trend will continue. The…
The Dax currently seems unstoppable. One high after the other is cracked. The German benchmark index has already gained 17 percent this year. But how long can this price rally…
Intuitive Surgical stock hit a new all-time high on 09/08/2021, setting a new price high from 06/08/2021. Intuitive Surgical shares have been in a stable uptrend since the end of…
Booking reported its quarterly results this week. Booking is an online booking platform for travel around the world. Of course, Booking was also hit hard by the Covid 19 pandemic.…
In recent weeks, the share price of specialty chemicals group Lanxess has risen steadily. Quarterly results are expected next Tuesday. The share is currently trading at EUR 62.30, having reached…
Amazon was one of the biggest beneficiaries of the Corona crisis and the stock has risen very sharply within the last 12 months. But the record-breaking run has recently come…
Daimler was able to convince shareholders last week with strong figures. The preliminary numbers are probably better than expected, the company said. And this despite the bottlenecks in the supply…
The last few months have not gone so well for the Shop Apotheke share. The share price fell more sharply a few weeks ago. This was triggered by the news…
Shopify has benefited tremendously from the fact that the coronavirus pandemic has triggered an online shopping boom. But is Shopify stock a buy right now? Shopify was founded a decade…
EQS Group AG was already able to achieve some successes in the first half of 2021. Demand for the Munich-based company’s cloud-based software (COCKPIT), which enables customers to meet complex…
Investors in the U.S. stock markets shifted their positions last week. They moved away from standard and value stocks and went specifically into technology stocks. In New York, investors started…
Marvel is a very well known company in the entertainmentbrange. The company has had great success with the Avengers movies and that has been reflected in the stock price since…
Today saw a rapid rise in Nordex stock. One reason for the rise in the share price is the good sector sentiment for green tech shares on the markets. In…
American investors ignored a surprisingly sharp rise in inflation today. Prices in New York rose despite a stronger-than-expected increase in May consumer prices released in pre-market data. Investors on the…
Shares in German second-tier stock windeln.de made a massive jump on Monday and Tuesday. At its peak, the share price rose to 6.92 euros. On Friday of last week, one…
For the first time since its IPO in March 2021, Roblox has now released its quarterly results in May. One could convince with a rapid increase in sales and user…
American cinema chain AMC Entertainment will issue up to 11.5 million new shares. This puts a stop to the rapid rise in the stock market. The price had risen to…
Germany’s two largest housing groups have agreed on a merger. Vonovia wants to pay 18 billion euros for Deutsche Wohnen. But what does the deal mean for the housing market,…
In the first 3 months of 2021, pferdewetten.de AG generated EBIT of 803,000 euros (previous year: 193,000), as reported on Monday. Earnings after taxes amount to 792,000 euros (previous year:…
The Berlin-based real estate group Deutsche Wohnen started the new year with higher profits due to higher rents. However, they would like to forgo rent increases this year. The forecast…
Since the beginning of the week, investors could see a decline in the technology sector. Big companies like Apple, Facebook and co have fallen in price and now offer new…
PepsiCotoday announced first-quarter earnings from 2021. Sales increased by 6.8 %, thus exceeding the market estimate. The company is very pleased with the net sales of $14.8 billion, as it…
Matching the new Bitcoin all-time high, crypto exchange Coinbase took to Wall Street today. Coinbase currently has 56 million users and offers the ability to trade over 50 different cryptocurrencies.…
And again, there’s negative news for Alibaba. Chinese competition regulators are now fining the online trading platform 2.3 billion euros (18 billion yuan). Alibaba had exploited its dominant position in…
Currently, the pair is trading near 1.18. The EUR/USD made a new low in today’s trading. The widening yield gap between 10-year US and German government bonds is striking. It…
The new lockdown regulations over Easter are hitting German airline Lufthansa hard. Firstly, the lockdown has been extended again until 18 April, there will be additional closures over Easter and…
Despite a renewed extension of the lockdown and even the threat of stronger measures, the DAX was able to close in positive territory today. Today, investors traded cautiously on the…
Today we will take a closer look at the recent movements in the German stock index. After a very strong week in the Dax including a new all-time high, the…
Nvidia managed to impress with a strong performance today. In German trading, the stock recently gained 3%, rising to EUR 433.85. The NVIDIA share extended its price gains in the…
Today we will take a closer look at the gold market. This is because gold has lost a lot of its value in recent weeks. Despite the fact that gold…
Today we take a closer look at the recent moves in the EUR/GBP. This market has been in a downtrend since early 2021. While the EUR/GBP was trading at…
In today’s report, we will take a closer look at the GBP/USD currency pair. If you listen to the currency analysts at UOB Group, the Cable has the potential…
The EUR/USD continued last week’s decline today. It even touched the lows at 1.2030. The 1.2030 area was last touched 14 days ago and was used as support at that…
In today’s analysis, we will take a closer look at the German pharmaceutical company Bayer. After the stock’s low of €39.91 on October 30, 2020, Bayer completed a recovery to…
Last week, RWE shares took a severe beating. Because the bad weather in the US led to a profit warning. Thus, there was a sell-off of 20% in the meantime,…
Today we will take a closer look at the roller coaster ride the DAX has been on over the past few days. After a few weak days in the DAX,…
The negative headlines for the battery manufacturer Varta do not stop. After reaching a record high of 181.30 euros at the end of January, the shares of Varta AG have…
Today we will take a closer look at recent developments in the EUR/USD. The EUR/USD continued its rise from the previous trading session this Monday. Today, the market rose 0.32%…
Amazon stock reacted volatilely to the change in chief executive announced this week. Still, the majority of analysts remain very bullish on the e-commerce giant’s stock. Tuesday night, the…
The shares of the automotive supplier started a breakout attempt today. Schaeffler expects the order situation in the promising e-mobility market to pick up starting next year. Schaeffler is a…
Today we will once again turn our attention to the EUR/USD. The euro has been very weak since the beginning of the new year, while the US dollar has gained…
One of the big Corona winners is delivery service Delivery Hero. The lockdown ordering boom produced record numbers and record sales. So today we’re going to take a closer look…
Despite today being a stock market holiday in the US, we will turn our attention to an American stock. Today will be about Paypal. The Corona pandemic has caused a…
The pressure on the USDJPY has increased in the last few weeks and there was a flash crash on the night from Wednesday to Thursday, which caused heavy losses.
The ambiguity surrounding the subject of Brexit remains and with it the uncertainty among investors. Will leaving the EU postponed?
The volatility in EURUSD has been very low in the past few weeks. Mario Draghi’s statements again created some downward pressure.
The dollar’s strength from last month has weakened. The USDCAD has been in a downtrend since the beginning of the year. Will the course keep falling?
The EURGBP has been able to recover in the last few days. Nevertheless, there is still great uncertainty because Brexit is approaching and there is still no agreement.
On the first working day after the holidays between Christmas and New Year, there is movement in the markets. On the one hand through the new stimulus package in the…
Daily review Today in the JRC Capital Management daily review: the index DAX. Since the beginning of the week, the leading German index had risen sharply. It rose four days…
Daily review Today in the JRC Capital Management daily review: the commodity GOLD / USD. Before today’s Fed decision, the price of gold rose rapidly. In the course of the…
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