Gold has all the potential to go unprecedentedly high. But silver will be gold on
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The burden of interest rates on most companies is still exceedingly low. But over the next year, that will start to change.
Banking Rebound Remains Fragile as Regulators Review Response to FailuresMar 28, 2023 - 05:57:03 PDT
Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB) saying recent volatility highlighted the need for greater regulatory scrutiny. Top U.S. banking regulators on Monday said they planned to tell Congress that the overall financial system remains on a solid footing after recent bank failures, but they will review their policies...
The Bank of Japan must be ready to issue central bank digital currencies (CBDC) that coexist with various other forms of money to offer the public a safe digital payment system, its governor Haruhiko Kuroda said on Tuesday. The central bank will start a pilot programme in April to test the use of a digital yen, joining a growing number of countries seeking to catch up...
New Retirement Age or Higher Taxes? The Social Security Reform Debate Could Go a Few WaysMar 28, 2023 - 05:54:00 PDT
U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age.
Jed Laskowitz, a chief investment officer at J.P. Morgan Asset Management, is bullish on high-grade corporate bonds to ride out a global storm following bank failures on both sides of the Atlantic.
Bank of England Governor Andrew Bailey said interest rates will probably remain below the highs seen before the financial crisis, his latest hint that the UK central bank may be near an end to its quickest series of hikes in three decades.
Heightened uncertainty and rising recession odds posed by the banking crisis are reasons for investors in US stocks to remain defensive in their positioning, according to JPMorgan Chase & Co.’s Marko Kolanovic.
On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.
Federal Reserve Governor Philip Jefferson said the US central bank would try to avoid harming the US economy any more than needed as it confronts high inflation.
Global financial regulators should take a closer look at credit default swaps after relatively small transactions in the market amplified last week’s banking turmoil, according to the European Central Bank’s top oversight official.
Doubleline Capital’s Jeffrey Gundlach said on CNBC that he expects a US recession will start in a few months, and that the Federal Reserve will need to respond “very dramatically.”
\The Federal Reserve will keep raising interest rates despite traders betting otherwise as fears of a banking crisis convulse markets, according to BlackRock Inc.
US Futures & European Stocks Struggled as Investors Awaited Data for Clues on Monetary PolicyMar 28, 2023 - 05:22:31 PDT
Contracts on the S&P 500 were little changed, while those on the Nasdaq 100 dropped. European equities erased earlier gains as French lenders fell on news the country’s financial prosecutor is searching five banks as part of a probe into tax fraud and money laundering.
Jewelry production is an important driver of overall silver demand. In 2022, the amount of silver used in jewelry was up around 29% as overall silver demand hit record levels. Silver jewelry production used around 235 million ounces of silver.And according to a recent survey by the Silver Institute, silver jewelry sales are on the rise.
Peter Schiff appeared on NTD News to talk about the bank bailout and the March Federal Reserve meeting. During the conversation, Peter explained that everybody is going to pay for these bailouts because they will ultimately devalue the dollar as inflation skyrockets.
GET READY FOR SERIOUS INFLATION IN THE FUTURE: Energy, Not Money Printing, The Main Factor Driving Consumer Price InflationMarch 28, 2023
If you think the high consumer prices have been bad, get prepared for serious INFLATION in the future. Why? Because Energy is the main driver of inflation, not money printing. And, when the world begins to head over the ENERGY CLIFF, the world will experience inflation as it has never before...
Silver is about to test resistance of a giant bull flag, one that is in the making for 2.5 years. Rest re-assured, resistance is resistance until proven otherwise. More importantly, however, is the breakout that eventually will come, it will be explosive and push silver much higher, ‘in no-time’. But, didn’t we say all this, countless times, referring to our silver forecast?
The only asset class that is not in a bubble is commodities. Silver is down 60% from its all-time high, Sugar is down more than 50% from its record high – these are not bubble numbers. So commodities are cheap and normally commodities do well with high inflation.
In this episode, Mark looks at the far away minor issue of the impact of hyperinflation in Zimbabwe. Even though they have switched from Zim dollars to US dollars, ordinary people are still suffering.
Mar 27, 2023 - 13:02:44 PDT
Gold prices could surpass the record set at the height of the Covid-19 pandemic if ongoing turmoil in the banking sector persists and global central banks downshift..