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War On Inflation! New Fed Policy To Upend Everything Investors Know Predicts Saxo Bank CIODec 17, 2021 - 07:13:46 PST
The Federal Reserve is finally declaring war on inflation. On Wednesday Dec 15, Fed Chair Jerome Powell announced that - the fight the inflation it has played a central role in creating - the Federal Reserve will accelerate its tapering program and likely hike interest rates 3x in 2022.
This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults.Registered = Warrant assigned and can be used for Comex delivery, Eligible = No warrant attached
Gold prices were flat, but on track for their best week since mid-November as the dollar weakened after the Fed decided to withdraw its pandemic-era stimulus.
High inflation rates aren’t bad news for everyone. They can be helpful for debtors -- which in today’s world economy means almost everybody.
Turkey Halts All Stock Trading As Currency Disintegrates, Central Bank Powerless To Halt CollapseDec 17, 2021 - 06:10:00 PST
Another day, another collapse in the Turkish lira, only this time there was a twist: as the hyperinflating currency implodes, Erdogan has finally had enough of the relentless pummeling, and is starting to shut down its markets.
After nearly two years of solid gains across stock markets, will the feared roller-coaster return? The answer is yes, due to higher debt levels, the tapering of central banks’ liquidity support for markets and the growth of indexation.
Global bond funds posted huge outflows in the week ended Dec. 15, as investors anticipated that major central banks would shift the direction of their monetary policy during key policy meetings this week, pressured by soaring inflation levels.
Investors are girding for a significant leap higher in global bond yields as the dust settles on this week’s glut of central-bank decisions -- it’s just a question of when.
Leading central banks made a big call this week, deciding that the coronavirus is no longer calling the shots in their economies, and inflation is now the bigger threat.
“The risks for the inflation rate are skewed to the upside, both in Germany and in the euro area as a whole,” Weidmann said. “Monetary policy makers should not ignore these risks. We need to be vigilant.”
The dollar was down on Friday morning in Asia, remaining under pressure as investors digest a surprise interest rate hike from the Bank of England (BOE), and the European Central Bank (ECB) adopted a more hawkish stance.
In a new interview taped Monday, billionaire hedge fund titan Ray Dalio said if a U.S-China war does break out it will likely be over Taiwan.
‘Tis the season for Christmas specials.I'm not going to lie - even as a grown man, I love watching Christmas specials. Snoopy decorating his dog house. The Grinch folding up the Christmas tree like an umbrella and stuffing it up the chimney. And Frosty the snowman melting in the greenhouse.
The world’s largest economy — rife as it is with attendant crises, policy shifts and political intrigue — is a constant focus for investors. Therefore, it’s sometimes easy to lose sight of what’s happening in the second largest.
The poster child of China's property crisis China Evergrande Group was officially declared in default by credit rating agency S&P Global on Friday after the sprawling firm missed a bond payment earlier this month. “We assess that China Evergrande Group and its offshore financing arm Tianjin Holding Ltd. have failed to make coupon payments for their outstanding U.S.-dollar...
Stock futures headed for a lower open Friday morning after a rout in technology stocks during Thursday's regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.
Taking a Pea Shooter to a Bazooka Fight: SchiffGold Friday Gold Wrap Podcast Dec. 17, 2021December 17, 2021
We got more bad inflation news this week as the Federal Reserve wrapped up its final FOMC meeting of the year. Supposedly, the central bank has launched its war on inflation. Has it though? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about inflation and the Fed meeting and explains why it looks more like the Fed is taking a pea shooter into a bazooka fight.
As the world continues to experience disruptions due to the ongoing energy crisis, it is setting the stage for much higher silver prices in the future. In this Strategic Report, I provide updated charts on the silver market not found elsewhere on the underlying fundamentals...
“The number of short-term risks remain elevated and that could ultimately lead to further inflows to gold now that much of Fed tapering and the (expected) initial rate hikes have been fully priced in,” said Ed Moya, analyst at online trading platform OANDA.
Steve Brice, chief investment officer at Standard Chartered Wealth Management, discusses his outlook for gold, global equity markets and the themes he's following across Asia. He speaks on "Bloomberg Daybreak: Asia."