Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Economists Warn of Inflation Inequality As Poor Get Slammed by Rising PricesDec 30, 2021 - 05:17:31 PST
The coronavirus pandemic has led to a new era of inflation inequality, economists warn, in which poor households bear the brunt of rising prices.
So yes, some parts of the current inflation spike are “transitory”, including base effects and certain commodity prices. But rising wages might have long enough legs to keep overall inflation elevated for years. If so, the Fed will be under increasing pressure to raise interest rates for real instead of just promising to act someday.
Foreign Capital Inflows Into China’s Equity Markets Hit a Record in 2021Dec 30, 2021 - 05:10:25 PST
Foreign capital flows into China's equity markets reached a record high in 2021, as the country further opened its financial markets and as regulatory changes directed offshore investors to turn to stocks listed in the mainland. Net inflows of northbound capital into equities listed in Shanghai and Shenzhen, the major bourses on the mainland, reached a record of 417.5 billion yuan...
Bad news regarding the Omicron variant could be good news for markets, if the Fed adopts a more dovish monetary policy as a result, says Octavio Marenzi, co-founder and CEO of Opimas.
“The decisive factor in the new year will be to gradually initiate the exit from negative interest rates and unconventional monetary policy and to avoid any proximity to monetary state financing,” Holzmann said in a year-end statement on his institution’s website.
The cast of central bankers that will decide macroeconomic policies in the face of rising inflation will look a little different in 2022.
The cost of borrowing money in Turkey is surging, a sign that President Recep Tayyip Erdogan’s policy of driving down interest rates is starting to backfire.
U.S. equity-index futures rose along with European stocks Thursday in the wake of another Wall Street all-time high on light volumes in the final days of the year. Treasury yields trimmed an advance.
The U.S. Federal Reserve and Treasury are propping up the economy with a massive amount of debt and deficits. Over the past 50 years, the U.S. Deficits have increased exponentially, which is not sustainable, especially with higher interest rates...
Central banks around the world are increasing the gold they hold in foreign exchange reserves, bringing the total to a 31-year high in 2021.
Gold rose more than $10 since the beginning of the American session and recently climbed to $1805. Earlier on Wednesday, it tumbled to $1789, the lowest level since last Thursday.
This year, the silver price has built on its 2020 gains and has continued to strengthen. Through to November 10 prices have risen by 28% year-on-year. This follows a 27% rise for the annual average price in 2020. The upside re ects healthy investor in ows into silver, on the back of supportive macroeconomic conditions
Dec 29, 2021 - 13:06:46 PST
Veteran hedge fund manager Ray Dalio is saying that gold is still his favorite asset because it has qualities that are not found in Bitcoin (BTC).
The global economic recovery is being held back by the ongoing COVID pandemic. However, the mutating coronavirus is just one of the main risks which could dampen investor spirits in the coming year.
Dec 29, 2021 - 12:24:52 PST
President Joe Biden walks to the Oval Office upon his return to the White House on Dec. 20, 2021.Kevin Lamarque | ReutersWhen Scott Heins heard that the
The Rich Benefit As Democrats Retreat From Tax on Unrealized Capital GainsDec 29, 2021 - 12:21:07 PST
President Joe Biden and congressional Democrats had considered taxes on unrealized capital gains earlier in negotiations around a social and climate bill.
Forget everything you know about economics. Economist Steven Kates explains why economics has failed for more than 100 years.
"Smithian economists make their livings by exposing the many economic fallacies embraced by the man-in-the-street and peddled by vote-hungry politicians and click-crazy pundits. These economists will never want for work." ~ Donald J. Boudreaux
What do top Money & Markets experts like Jim Rogers, Jim Rickards, John Hussman, Grant Williams, Michael Pento, George Gammon, Wolf Richter & Steen Jakobsen think about the state of the financial markets as we enter 2022? How worried are they about inflation, record high prices for stocks & real estate, Federal Reserve tapering &. interest rate hikes, or a market crash?
For much of 2021, White House and Federal Reserve officials said inflation would be “transitory,” or temporary, and limited to pockets of the economy hit hard by the pandemic. But over time, that prediction did not align with what was unfolding and the ways households were feeling the strain.