Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher.
Mortgage rates failed to make a major move northwards as mixed economic indicators continued to peg rates back. A busier economic calendar in the week ahead could see a more meaningful move, however.
Markets are on tenterhooks for critical U.S. inflation data that could buffet stocks and bonds if they shift expectations about Federal Reserve stimulus withdrawal and the timing of interest-rate hikes.A backdrop of slower reopening in pandemic-stricken economies due to the delta strain, and price pressures stoked by supply snarls led to declines in both global...
When the Fed Finally Steps Back, Can the U.S. Stock and Bond Markets Stand on Their Own Legs?Sep 13, 2021 - 05:19:30 PDT
Expectations are rising for the Federal Reserve to follow in the footsteps of the European Central Bank and announce plans to reduce its $120 billion cache of monthly bond purchases.
After the ‘Bazooka’, Bank of Japan Dismantles the Work of Its Radical ChiefSep 13, 2021 - 05:16:55 PDT
After years of shock-and-awe stimulus, the Bank of Japan is quietly rolling back radical policies introduced by its bold chief Haruhiko Kuroda and pioneering controversial new measures that blur the lines between central banking and politics. The unwinding of Japan’s complex policy is driven by Deputy Governor Masatoshi Amamiya, insiders say, a career...
Inflation in the euro area will "in all likelihood" ease as soon as next year but the European Central Bank is ready to act if it doesn't, ECB policymaker Isabel Schnabel said on Monday. Euro zone inflation has been rising more than expected but the ECB has stuck to its belief of a temporary spike caused by higher prices of oil and higher raw materials...
How El Salvador’s Bitcoin Adoption Could Empty It of Its US Dollar ReservesSep 13, 2021 - 05:12:57 PDT
El Salvador’s bitcoin gamble could start a chain reaction that drains the nation of its dollar reserves, an economic expert has forecast.
Treasury yields move slightly lower Monday, with investors awaiting closely watched economic data this week, including the August Consumer Price Index reading.
Top Earning New Yorkers Could Face 61.2% Combined Tax Rate Under House Plan, Californians May Face 5Sep 13, 2021 - 05:06:28 PDT
Plans being proposed by Democrats in the House of Representatives could raise the combined city, state and federal income tax rate for New Yorkers to 61.2%.
Investors will focus on two big economic reports in the week ahead - August retail sales and consumer inflation data.
Members of Congress, their staff, and federal court system employees are exempt from the Biden administration's new vaccine mandates, according to Newsweek.
US Surgeon General Dr. Vivek ‘masks don't work... wait just kidding' Murthy on Sunday defended the Biden administration's new Covid vaccine mandates - calling them an "appropriate legal measure" to keep people safe. Murthy, a known flip-flopped, also “challenged the notion that Biden’s new policies reflect a flip-flop from the idea that vaccination should not be mandated,”...
Since the last U.S. Mint update, Silver Eagle sales have surged by 1.2 million in less than a week. The U.S. Mint updated its sales figures last week on Wednesday, September 8th, showing 750,000 Silver Eagles and 20,000 oz of Gold Eagles. However, when revised its sales figures today, it is showing...
IT BEGINS... Global Production & Supply Chain Breakdown Continue Due To Peak EverythingSeptember 13, 2021
As I have warned for several years, we are now witnessing this take place in several parts of the world, especially in Europe. Due to Europe's drive to NET ZERO, Green Energy is causing massive volatility in the price of energy it is currently consuming. Unfortunately, it seems that the...
MARKET & METALS UPDATE SEP 12th: Bubbles, Zombie Companies, Metal Consolidation & CPI Data TuesdaySeptember 12, 2021
This week's Market & Metals Update describes the Bubble-Zombie Markets and the continued precious metals consolidation. With the CPI Inflation Index data coming out on Tuesday, this week could impact both the market and metals prices. However, even though the markets could continue higher...
Gold and silver have always retained theirs. With thousands of years of history behind them, investors can have confidence they will continue to hold real value in the future regardless of whatever official or unofficial roles they play as money.
Found in Denmark, most of the 22 objects are bracteates, or medallions inscribed with mystical symbols
Metals markets are caught between fears of Federal Reserve tapering and the forces of inflation. Price levels continue to rise in the U.S. and around the world.
The Fed is totally, completely, fatally corrupt. Only those being handed their ill-gotten gains defend the Fed. Everyone who is isn't totally, completely, fatally corrupt wants America's financial Politburo tossed on the bonfire of history. We know you're all just poor corrupt officials, but bleating excuses won't save you from the karmic payoff.
"And thus corporations are led, by an invisible hand, to promote an end which was no part of their intention, the simultaneous enrichment of themselves and empowerment of party partisans." ~ Robert E. Wright