Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Please note: the COTs report was published 1/3/2022 for the period ending 12/28/2021. “Managed Money” and “Hedge Funds” are used interchangeably.The Commitment of Traders analysis last month showed how much influence Managed Money has over the short-term price movement of gold and silver. The table below summarizes this influence by comparing the Managed Money Net Positioning with “Other”, the next largest category. Swap is not considered because it typically sits opposite the other two.
Silver demand is expected to chart a new record high in 2021 with every key area showing an increase.This is one of several silver-related stories covered in the latest edition of Silver News published by the Silver Institute.
As 2021 goes into the history books, Peter Schiff looks back over what he calls "a year of peak speculation."Of course, the big story of the year was inflation.
The real question is whether the Fed has the necessary policy room and the will to undertake sufficient monetary tightening to bring inflation under control.
“We will not begin moves to normalize monetary policy unlike in Europe and the United States,” Kuroda said at a news conference in late 2021, suggesting that the BOJ will continue its large-scale easing, including the negative interest rate policy.
As never before in its history, the European Central Bank is now called upon to promote its policy among the public. In the face of the sharp recent rise in inflation, it is hard even for journalists and many economists to understand why the ECB, for the time being, is sticking to negative interest rates and extensive asset purchases — even though it should.
A wall of maturing debt and a surge in seasonal demand for cash will test China’s financial markets this month, putting pressure on the central bank to ensure sufficient liquidity.
The Federal Reserve Bank of Boston is on the hunt for a new director of product management for Project Hamilton, its ongoing central bank digital currency (CBDC) pilot program.
Why Demand for Fed’s Repo Facility Is Still Surging, to $1.6 Trillion Into 2022: MWJan 4, 2022 - 05:19:50 PST
Demand for the Federal Reserve’s popular reverse repurchase program (RPP) climbed to $1.58 trillion on Monday, signaling continued high demand for the overnight facility as 2022 kicks off.
Wall Street has been regularly parking more than $1 trillion overnight in the Fed facility since early August, with demand hitting a peak thus far of about $1.76 trillion in late December.
Treasury traders are betting the rapid spread of the omicron variant will increase inflationary pressures in the U.S. economy, rather than weaken them.
Biden launched a portal that will allow producers to report unfair trade practices by meatpackers. He also highlighted initiatives the administration is taking to counter meatpackers’ economic power, including $1 billion in federal aid to assist expansion of independent processors and new competition regulations under consideration.
President Joe Biden’s disapproval rating hit a new high in December as more voters signaled their unhappiness with his administration’s supervision of the economy and the Covid-19 pandemic.
JPMorgan: 2022 Will See a ‘Full Global Recovery’ and an End to the PandemicJan 4, 2022 - 05:09:52 PST
In a message shared recently with clients, JPMorgan Chase global research leader Marko Kolanovic says, "Our view is that 2022 will be the year of a full global recovery, an end of the pandemic, and a return to normal economic and market conditions we had prior to the COVID-19 outbreak.”
The best performing precious metal for the year was gold, but still down 3.64% on the threat of the Federal Reserve beginning to raise interest rates in 2022 and that inflation will subside substantially in the second half of 2022 as supply bottlenecks are cleared. That perceived outlook as we close out the year is the base case, but as we know, there are always deviation...
With safe interest rates still well below 2% and inflation three times that, “people are getting worried about inflation continuing to rise faster,” Forbes reports. “Investing in gold is an age-old, inflation-protection strategy. Additionally, in times of gold popularity, gold mining company stocks can be even better performers.”
On December 15, the Federal Reserve announced numerous quantitative tightening measures that have the intended goal of combating the rising inflation that has been bogging down the American economy. As of November 2021, the rate of inflation has reached 6.8 percent, the highest since 1982, and is unlikely to have peaked yet.
The Chinese Yuan was a notable standout in the face of US Dollar’s rise in 2021. Now with its pro-growth policy and speculations about the US Dollar rising against the Yuan, traders are hopeful for a major turnaround in Asian stocks in 2022.
Inflation: President Biden Meets With Farmers, Ranchers Amid Effort To Reduce PricesIJan 3, 2022 - 11:48:15 PST
Yahoo Finance's Jessica Smith discusses White House talks with farmers amid inflated meat prices and efforts to combat prices rising higher.
Jan 3, 2022 - 11:30:17 PST
Circle Squared Alternative investments Jeff Sica discusses the market climbing despite COVID surge and the Federal Reserve's response to inflation.
Mohamed El-Erian, a Bloomberg Opinion columnist, sees "trifecta" of risks facing the U.S. economy going into 2022. He speaks on "Bloomberg The Open." El-Erian's opinions are his own.