Gold has all the potential to go unprecedentedly high. But silver will be gold on
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U.S. health officials are investigating reports that Moderna Inc's COVID-19 vaccine may be linked to a higher risk of a rare heart condition in younger adults than previously thought, the Washington Post reported late on Thursday, citing people familiar with the review.
We wanted to put out a quick TRADE UPDATE on our John Deere Short Trade. It has been a while since I have done an update, but we have remained Short since our last update on May 20th. We have decided to cover 50% of our John Deere short at the $345 area. We will hold the remainder to our target of $320...
Gold/silver ratio has recently managed to get above the resistance at 75.65 and is trying to get above the 76 level.
America’s experiment with fiat has led to an explosion of consumer, business, and — especially — government debt. It has also caused increasing economic inequality, a boom-bubble-bust business cycle, and a continued erosion of the dollar’s value.
China's gold reserves have grown every year for 15 consecutive years, reaching 14,727.16 tons by 2020, according to a yearbook issued by China Gold Association (CGA).
Ex-JPMorgan Precious Metals Futures Traders Must Face Racketeering Charges: JudgeAug 19, 2021 - 12:31:28 PDT
A federal judge in Chicago said four former JPMorgan Chase & Co employees must face charges including racketeering in a case accusing them of manipulating the prices of precious metals futures.
The Court has dismissed bank fraud charges against former JPMorgan traders accused of spoofing the precious metals market.
States Can Pay Unemployment Benefits Past Sept. 6 Using Pandemic Funds, Labor and Treasury OfficialsAug 19, 2021 - 12:23:01 PDT
Labor and Treasury Department officials said Thursday that states can use leftover pandemic funds to continue paying income support to the jobless past Sept. 6.
The Gold Standard: Why The Financial And Economic Crises Continue: Steve ForbesAug 19, 2021 - 10:59:04 PDT
On August 15, 1971, President Richard Nixon severed the dollar’s link to gold. This episode of What’s Ahead explains how this decision has cost the economy trillions of dollars in lost growth and why a gold standard is crucial for higher long-term growth.C
The central bank has three meetings left in 2021, and analysts at Bank of America think the November meetings are when the Fed is most likely to clamp down on the amount of monthly purchases.
Aug 19, 2021 - 10:32:46 PDT
Yes, we are witnessing new price records for the S&P 500, NASDAQ, and a host of other markets. That, in isolation, should not be worrisome. What should worry you, though, is that records are being set on the valuation front. By almost any measure – forward or backward looking – we are staring at some of the most expensive valuations in history, especially in growth stocks.
Aug 19, 2021 - 10:24:22 PDT
Any decision must and will be “data driven,” central bankers keep repeating as the moment comes when they will start unwinding the trillion-dollar (or pound, or euro) asset-buying programs they have unleashed on the world economy in the last two years.
Which assets perform the best during inflationary periods? What are the strategies to be prepared? Join Mike Maloney and Ronnie Stoeferle as they discuss the latest ‘In Gold We Trust’ report.
We just saw how rapidly an army can melt away when their protector leaves the field. What if the Fed does the same to the markets?
Our agricultural and food systems are failing us, writes the chief economist of the Food and Agriculture Organization.
In Egypt, the recent announcement that bread prices, long subsidized for much of the population, would likely have to rise was met with cries of despair. Indeed, over two-thirds of the population of Egypt depend on inexpensive bread for daily sustenance.
With June 2021 CPI growth being at a thirteen-year high, inflation has been on a lot of people’s minds lately. You can’t blame them, seeing as over 23 percent of all dollars in existence were created in 2020 alone.
-You have raised the possibility of China no longer pegging the yuan to the dollar some day.
Aug 19, 2021 - 07:47:28 PDT
If Beijing wants to win wider confidence in the yuan, it has a major hearts and mind campaign on its hands. The crackdown on China’s hi-tech sector will not help in the short term but, with the right market-friendly policies in place, the yuan’s future is bright.
The U.S. dollar advanced to a nine-month high on Thursday, as worries about widespread coronavirus infections and Federal Reserve meeting minutes showing policymakers considering reducing pandemic-era stimulus this year hit global stocks and commodity-linked currencies.