Trade without watching the market.
Daily update on April 6, 2024: Weeks ago, Fed Chairman Powell dodged a question from a sitting congressman about the Fed's overseas gold holdings, and then the Fed refused to comply with a Freedom of Information Act (FOIA) request to provide records of its gold holdings.
The Fed's lack of transparency comes amid reports that countries are pulling gold and other assets out of the United States after the West imposed unprecedented sanctions on Russia. According to a 2023 survey by Invesco, a "significant number" of central banks are concerned about the United States and its allies freezing nearly half of Russia's $650 billion in gold and foreign exchange reserves.
Account status: total capital of 550,000 (including dividends), principal of 150,000, and a rate of return of 300%.
The total equity of the contract account is 480,000, the total position is 324,000, 50+ varieties, 180+ pending orders, and the trading win rate is as high as 70+%.
No changes in positions today.
