Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Just as counterparts suffer the worst cost-of-living crisis in a generation, Switzerland is standing out with probably the most benign inflation shock in the advanced world.
As Haruhiko Kuroda hands over the reins at the Bank of Japan, expectations that his successor can fix the economy are limited.
US stocks are ripe for a selloff after prematurely pricing in a pause in Federal Reserve rate hikes, according to Morgan Stanley strategists.
Attitudes Begin to Shift Regarding Monetary Policy, Economic Growth, and Stock PricesFeb 13, 2023 - 05:36:01 PST
In May of last year, Fed Chair Jerome Powell warned “there could be some pain involved in restoring price stability.” A month later, we learned inflation was unexpectedly heating up again. And then on June 15, the Fed announced an eye-popping 75-basis-point interest rate hike, the largest increase the central bank made in a single announcement since 1994.
Now that traders have an idea who’s likely to take the Bank of Japan hot seat, the focus will sharpen on the biggest worry of global bond investors — a wave of Japanese cash flowing out of international markets toward rising yields at home.
The riskiest bond trade in emerging markets is mounting a comeback, offering double-digit returns to those brave enough to flirt with default.
A fresh round of IMF bailouts is under way, and some of the world’s most indebted nations will have to sacrifice their currencies to get them.]
Investors are paying up to protect themselves in case the stock market sinks with a key inflation reading due this week, which is expected to show that prices aren’t moderating the way the Federal Reserve would like to see.
January's CPI report could challenge the narrative that inflation is trending down across a growing range of sectors in the U.S. economy.
Current Stock Market Rally ‘Likely to Mark the High Point’ for 2023: JPMorganFeb 13, 2023 - 05:25:49 PST
JP Morgan's Matejka recommends investors slash their exposure to stocks and eye more defense areas of the market.
U.S. stock futures flickered early Monday as Wall Street reeled from its worst week of the year so far and an upcoming inflation reading kept investors on their toes.
The fake debt ceiling fight is on and the Biden administration has ratcheted up the scare tactics. One of its strategies is to make you think the world will collapse if the US defaults on its debt obligations. After all, the US always pays its bills on time — so we're told.A default would certainly be problematic. But despite what you're being told, it's not unprecedented. The US government has defaulted before.
Just four months into fiscal 2023 and the US federal budget deficit is already approaching half a trillion dollars. This is a big problem for the Federal Reserve that few people seem to be talking about.
US & GLOBAL NATGAS MARKET HEADING TO GLUT OR SHORTAGES?? LNG Ports Loading Fewer Tankers As Natgas Inventories Well Ab...February 13, 2023
After the European Energy Crisis last year, consumers and investors wonder if the natural gas market is heading toward a "Glut or Shortage" this summer. In this update, I share the changing fundamentals in the U.S. and Global Natural Gas Market and the current situation in the LNG Shipping Sector...
The Federal Government ran a deficit of -$39B in January. While that may not seem like much, it looks worse when compared to the average January.
Rising Gold Prices in the Second Half of the Year to Pull Up Silver Too: CommerzbankFeb 10, 2023 - 12:47:55 PST
Silver has dropped back again this year. But strategists at Commerzbank expect increasing Gold prices to lift Silver too.
With new legislation introduced today, lawmakers in Kentucky are seeking to end the state’s controversial practice of imposing sales taxes on all purchases of precious metals.
The security device implemented on the edge of all genuine American Eagle gold and silver coins since 2021 shifted in location for 2022 coins and again for 2023 pieces, with little fanfare for the change.
Feb 10, 2023 - 12:41:43 PST
Almost five years ago I wrote a blog post titled, “BANG: Why The Gold Miners Could Soon Make FANG Look Tame.” A reader recently reached out to ask if I would post an update so here it is. The chart below plots two custom indexes: FANG (META, AMZN, NFLX, GOOG) versus BANG (GOLD, AEM, NEM).
Why the 1787 Constitution Did Not Bring Republican Government to AmericaFeb 10, 2023 - 12:38:53 PST
One of the many myths that schoolchildren are taught in the name of American exceptionalism is the idea that the Americans finally embraced a republican form of government at the Constitutional Convention in 1787. This, we are told, was revolutionary.