Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Despite an inflationary freight train, gold struggled to gain ground in 2021 as the markets fixated on the Federal Reserve and the possibility of tighter monetary policy to fight inflation. Will gold continue to fight headwinds in 2022 as the Fed launches its "inflation fight," raises rates and possibly begins to shrink its balance sheet? Or could gold shine in 2022 despite the Fed's feckless inflation fight?
Ole Hansen at Saxo Bank A/S. in the Longer Term, Gold's Prospects Look PositiveJan 18, 2022 - 05:46:37 PST
Gold may trade down toward $1,800 an ounce in the short term, said Ole Hansen, head of commodity strategy at Saxo Bank A/S. In the longer term, gold’s prospects look positive, he said.
U.S. stock futures fell sharply Tuesday morning as investors geared up for a holiday-shortened week rife with quarterly earnings reports from companies across all three major indexes.
The dollar hit a six-day high in early trading on Tuesday following a jump in U.S. Treasury yields, while the yen steadied after the Bank of Japan saying it would stick to its ultra-loose monetary policy caused the currency to slip versus the dollar. As investors prepared for the possibility of the Fed being more hawkish...
Politicians are in a bind over whether short-term fixes will work, or whether they need to hunker down for a long-term price surge.
Bank of Japan Raises Inflation Forecasts but Rules Out Policy TighteningJan 18, 2022 - 05:26:35 PST
The Bank of Japan raised its inflation forecasts on Tuesday but said it was in no rush to change its ultra-loose monetary policy, as rising prices fan speculation it may soon signal a shift in its decade-old stimulus experiment. Governor Haruhiko Kuroda acknowledged that price pressures were rising, but said the central bank...
Global bond markets came under pressure Monday after Treasuries sold off on Friday on increased speculation of a March rate hike by the Federal Reserve.
Mortgage Rates Surge to Levels Not Seen Since the Early Days of the PandemicJan 18, 2022 - 05:23:00 PST
Other new research shows the higher borrowing costs — which most experts say will only continue heading north as the economy improves — are prompting borrowers to lock in today's mortgage rates that are still low by historical standards.
The Fed Needs To ‘Shock Awe’ the Market With One Big Rate Hike 'To Restore Its Credibility,': MWJan 18, 2022 - 05:19:19 PST
Billionaire hedge-fund manager Bill Ackman says the Federal Reserve needs to deliver old-fashioned shock and awe to financial markets with a big rate hike.
China’s central bank pledged to use more monetary policy tools to spur the economy and ease credit stress as signs of a property market slump worsens.
“If major economies slam on the brakes or take a U-turn in their monetary policies, there would be serious negative spillovers. They would present challenges to global economic & financial stability, & developing countries would bear the brunt of it,” said Xi, according to a transcript of his remarks on Monday.
Peter Schiff recently appeared on the Rob Schmidt Show on Newsmax to talk about the trajectory of the US economy. Peter explains how the Federal Reserve and the US government created a massive bubble, why it is going to ultimately pop, and how to protect your savings and investments when it does.
Tom Cloud discusses how gold and silver will behave in 2022 with a weakness in the U.S. Dollar. However, if we get a significant sell-off in the broader markets, precious metals investors may be experiencing higher premiums and longer wait times to buy retail bullion on any price dips. Tom also discusses investing in another alternative hard asset...
PERMIAN RECORD OIL PRODUCTION TO PEAK IN 2022? Game Over For U.S. Shale When Top Field PeaksJanuary 18, 2022
Are the days numbered for the United States' largest shale oil field? According to the EIA, the Permian reached new record production in December. However, with the annual decline rate being nearly 50%, the Permian will likely peak in the next year or two when it runs...
In this week's Recap, Lance Roberts and I tackle the question: What to buy now that the Fed is expected to hike interest rates several times this year?
Elizabeth Warren and others are running around blaming inflation on greedy corporations' “price gouging.” Of course, this narrative falls apart when you realize producer prices are rising faster than consumer prices. If anything, producers are letting consumers gouge them by not passing on all of their rising costs.
With 2021 now in the rear-view mirror, I believe that future financial historians may regard it as the year of peak speculation.While the history of American markets is littered with periods of irrational exuberance, none of those episodes can really match the current market for outright delusion and the blatant disregard for basic investment discipline.
In December, something quite interesting took place when U.S. Retail sales fell 2%, much more than the 0.1% expected. According to the data from the U.S. Treasury Monthly Report for December, income taxes collected by the U.S. Government surged by a record amount...
The Best Inflation Protection Assets Are ON SALE Right Now | Jesse FelderJan 16, 2022 - 10:02:36 PST
Earlier we presented you Part 1 of our interview with macro analyst Jesse Felder in which he explained why he suspects the Federal Reserve is intentionally trying to cause a managed market correction. Here in Part 2, Jesse highlights the asset classes he thinks offer the best upside if he's correct.
METALS, MARKET & ENERGY UPDATE JAN 16th: 2022 Metals Prices Depend On Energy InflationJanuary 16, 2022
This is a MUST WATCH video update on the metals, markets, energy. Unfortunately, the energy crisis continues to spread in Europe while the U.S. just wrote off nearly 20% of its oil reserves in one year. Thus, the metals prices in 2022 will greatly depend upon two forces...