Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Uruguay became the first inflation-targeting country in Latin America to start lowering borrowing costs after the economy entered a technical recession in the second half of 2022.
Ratings firms are on track to cut the most US corporate bonds to junk since the early part of the pandemic, further boosting funding costs for some companies just as economic growth is slowing.
Oil retreated for the third time in four days as further signs of a US slowdown overshadowed a substantial draw in crude stockpiles.
Analysts expect the annualized yield for an I bond to sink o 3.79% for the period from May to October from the current 6.89%.
US equity futures suffered their biggest overnight drop this week as a premarket slide in Tesla shares added to uncertainties surrounding the future of US monetary policy as well as the overall quality of the first-quarter earnings season. Contracts on the S&P 500 fell 0.7% as of 7:00 a.m. in New York while Nasdaq 100 futures took a 1% hit. Elsewhere, bond yields were lower, the USD was lower, and commodities were weaker on global demand fears.
On the surface, everything still looks fine at the COMEX, but the data reveals more going on.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.
While the Shale Industry bragged about its big profits last year, the economics are now worse than you realize. All the stars aligned nicely last year to provide the shale industry with the first decent profits after a decade of losses. However, don't expect this to continue, especially if energy prices remain low...
Apr 19, 2023 - 13:05:53 PDT
All major silver demand categories achieved record highs in 2022, pushing total silver demand to a new high of 1.242 billion ounces (Boz) last year. Silver industrial demand rose by 5 percent, physical investment increased by 22 percent, and ...
Silver Surges As ‘Perfect Storm’ Fuels Dollar Decline: Why The Precious Metal Could Still RallyApr 19, 2023 - 13:04:06 PDT
Precious metals have shot up in value this year as the dollar—marred by economic uncertainty and improving growth abroad—falls from two-decade highs minted late last year, and analysts project the strength for silver prices in particular could continue over the next year, which is only expected to bring about further strains on the world’s reserve currency.
The World Silver Survey has been published annually by The Silver Institute since 1990.
The public is only in the early process of figuring out why gold ownership is an absolute MUST during a banking crisis.
Standard Chartered announced today its Global Market Outlook report which examines major asset classes globally. In its report, the Bank highlighted key opportunities for investors to capture income through increasing allocation to Bonds and Gold while dialing back overall exposure to equities.
The latest promising research on fighting these stubborn, smart superbugs is, quite simply, gold. Presenting their novel research in Copenhagen this week, researchers from the Barcelona Institute for Global Health found very promising results when they lined up 19 gold compounds against several types of multidrug-resistant bacteria isolated from patients.
Precious metals are back in the spotlight in 2023 as signs of economic slowdown continue to surface and cause uneasiness among investors, in turn driving up the appeal of safe havens.
The collapse of California-based Silicon Valley Bank (and Signature Bank in New York) on March 10, 2023, sent shock waves through the international financial system. It not only made bank stocks and bank bonds fall sharply but also finally brought ailing banking giant Credit Suisse to its knees.
Money-Supply Growth Fell to a 50-Year Low in February. Will the Fed Panic?Apr 19, 2023 - 12:33:46 PDT
Money supply growth fell again in February, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. February's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.
In a recent NYT column, economist Paul Krugman mocks Florida Governor Ron DeSantis, who warned that a central bank digital currency (CBDC) would give the government too much power over Americans.
Together, these factors generate a self-reinforcing cycle of debt saturation, declining collateral and credit contraction.
The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into an ailing bank, as Italy did with Monte dei Paschi di Siena six years ago.
"The tax code’s complexity has created an environment in which tax-preparation services, lobbyists, favored industries, and politicians thrive, while taxpayers struggle to make sense of ever-changing rules and regulations." ~ Antony Davies