Housekeeping: Good Morning.
“The Gold reset is a process, not an event”
Today
Discussion: Woman Loses Gold, Silver in Fedex Accident
Premium: Institutions Place Big Bets for $3500
Discussion:
Institutions Place Big Bets for $3500
Institutional clients are buying binary or digital style options for the second half of the year from banks as they take profits now
$3300 by end of July and $3500 in December is in play… with 10 to 1 payouts if they hit
Full explanation in premium below
Full trade idea details and charts here
Woman Loses Gold, Silver in Fedex Accident
A North Carolina woman is trying to recover a lost $20,000 shipment of gold and silver coins that disappeared while in transit with FedEx.
The shipment, intended for sale to JM Bullion, included gold and silver coins along with silver bars. After noticing delays, Kokotec contacted FedEx. On February 6, she was told the package had been located, but by February 27, it was still missing.
Full Story Here
News/Analysis:
Markets Recap:
US equities rallied on Friday despite concerns about rising geopolitical risks. Large caps bested small caps: S&P 500 (+1.59%) vs. Russell 2000 (+1.09%). MSCI Emerging Markets (EEM) lost 1.37% and MSCI EAFE (EFA) added 0.21% respectively.
Market News:
“President Donald Trump will impose tariffs on Mexico and Canada on Tuesday but is still deciding on the levels, commerce secretary Howard Lutnick has said... Trump has previously proposed imposing 25 per cent tariffs on Mexico and Canada, but Lutnick indicated that the figure could be lower. His remarks suggest Mexico and Canada will make a last-ditch diplomatic push to try to avert the measures, which Trump delayed once before last month.” Source: FT
“[Virtual] currencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic [digital asset] reserve that will include [BTC] and ether, as well as XRP, Solana’s SOL token and Cardano’s ADA, he said in a post on Truth Social.” Source: CNBC
“The personal consumption expenditures price index, the Federal Reserve’s preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate. CNBC
“Leading artificial intelligence firms including OpenAI, Microsoft and Meta are turning to a process called “distillation” in the global race to create AI models that are cheaper for consumers and businesses to adopt. 1 FT- Apps
Geopolitics/ Politics:
Israel is ready for the second phase of the agreement but “not for free”.
Hamas official said the group will not agree to extend the first phase of the ceasefire deal and that the hostage release will only occur under the agreed phased deal, according to Reuters.
Ukrainian President Zelensky said late on Friday that he wants peace but will require security guarantees to prevent Russia from attacking again
Ukrainian President Zelensky commented on Sunday that they are ready to sign the minerals deal which he believes the US would be ready to sign as well.
Russian Foreign Minister Lavrov said US President Trump is a pragmatist with the slogan common sense and the discussion in Europe about peacekeepers for Ukraine is arrogant.
Russian Defence Ministry said Russian forces captured two new villages in eastern Ukraine.
Data on Deck: NFP, Tariffs
MONDAY, MARCH 3 PMI
TUESDAY, MARCH 4 Speakers- Tariffs in effect
WEDNESDAY, MARCH 5 ADP and ISM
THURSDAY, MARCH 6 U.S. trade deficit
FRIDAY, MARCH 7 U.S. jobs report Fed Chairman Jerome Powell speaks 2
Summary and Final Market Check
