On Thursday and Friday of last week trade representatives from both the United States and China began and ended negotiations dismally without accomplishing any progress. If anything, the relationship regarding trade between these two superpowers worsened.

The precious metals markets continued to react to the increased apprehension regarding the lack of any favorable resolution to the trade talks held in Washington on Thursday and Friday between the United States and China.

The financial markets continue to react to the increased apprehension regarding the outcome of the trade negotiations between the United States and China. Equities globally have been under pressure for the better part of this week.