Gold has all the potential to go unprecedentedly high. But silver will be gold on
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US Treasuries tumbled Friday, driving benchmark yields to the highest since 2007, as policy makers signaled their determination to keep raising rates until they are sure inflation is under control.
It’s a niche trade beloved by retail players and institutional pros that’s paid off handsomely this year: Selling equities just before trillions of dollars worth of options expire.
The rise of the U.S. dollar, spurred by the Federal Reserve’s interest-rate increases, among other factors, is triggering quite the knock-on effect to corporate profits. While investors might want to strip out currency impacts to get a better idea of fundamental demand, they should also prepare for these hits to last a while.
The strong dollar is wreaking havoc on other countries and U.S. multi-nationals operating abroad. Some strategists see no near-term stop to the rising dollar, even amid a recession.
Futures Slide As Global Yields Soar – Yield on the 10-Year Treasury Rose 4.29%, Highest Since 2007Oct 21, 2022 - 05:21:51 PDT
US equities extended their recent slump, set to trim their modest weekly advance even further as soaring bonds yields and poor earnings renewed the gloom that’s sent stocks into a bear market this year. Contracts on the S&P 500 dipped 0.4% at 7:30 a.m. ET, putting the underlying index on track to sharply pare this week’s 2.3% gain...
Inflation is raging. The economy is teetering on the brink. Government spending is out of control. All of this has a root cause. Our money is broken. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about what broke our money and the only way to fix it. He also reveals the illusion of rising wages and breaks down Whoopi Goldberg's inflation blame game.
Let’s say you were a country or a group of very wealthy individuals and Covid hits. You see governments around the world print money like crazy. It makes you think there might be some inflation to deal with and you want to protect yourself. Gold and silver are the logical choices. So, if you decide to accumulate a whole bunch of precious metals, how would you do it?
STRATEGIC SILVER REPORT: Coming Global Financial Crisis & Why Institutions & Investors Will Move Into SilverOctober 21, 2022
If you thought the 2008 Global Financial Crisis was terrible, the next one will be for the record books. The main problem now hitting the Global Financial System is the lack of liquidity and the declining quality of "Collateral" backing the $300+ trillion in debt. Investors will be forced to move into silver in the future...
A prominent finance analyst believes China is in the "final stages" of creating a new currency, which could be backed by gold in a partnership with Russia.
Russian gold refineries and relevant ministries are holding negotiations on gaining access to trading on the Shanghai Gold Exchange, the director of regulation of the precious metals and precious stones sector at the Finance Ministry, Yulia Goncharenko said.
And as for free markets rising Phoenix-like from the ashes of fiat currency destruction — that cannot be taken for granted. It is far too early to consider a resurrection of practical economics, sound money, or economic progress based on free markets.
Fed’s Harker Sees ‘Lack of Progress’ on Inflation, Expects Aggressive Rate Hikes AheadOct 20, 2022 - 12:14:28 PDT
Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be needed.
‘Fragile’ Treasury Market Is at Risk of ‘Large Scale Forced Selling’ or Surpise Breakdown, BofA: MWOct 20, 2022 - 12:07:31 PDT
The world's deepest and most liquid fixed-income market is "potentially one shock away from functioning challenges," said BofA strategists.
"There's more deflation than inflation," Musk said on Wednesday during Tesla's third-quarter earnings call. "I'm going to make this point over and over again to the Fed, and the Fed is not listening because they're looking at the rearview mirror instead of looking out the front windshield."
By selling off a large number of barrels from the SPR, the Biden Administration is risking the nation’s energy security. The White House divulged late on Tuesday its plan to release 15 million barrels of crude oil from the strategic petroleum reserve to be delivered in December, as the last tranche of the emergency 180 million barrel release that the Biden Administration announced in March.
The trend of high inflation rates over the past few months looks all set to continue through October, according to a recent estimate by the Federal Reserve Bank of Cleveland.
Ten years feels like an eternity, yet close enough to retirement to set the stage for preparation. To make the journey easier, one step at a time, here are ten steps, ten years to retirement. When do people get serious about saving for retirement? The answer probably won’t surprise you. Many families have challenges saving.
America and Britain are surprised once again by high prices.
U.S. economic activity expanded modestly in recent weeks, although it was flat in some regions and declined in a couple of others, the Federal Reserve said on Wednesday in a report that showed firms growing more pessimistic about the outlook.
A total of 83% of likely U.S. voters are concerned about the high gasoline and home heating fuel prices, according to the latest Rasmussen Reports nationwide survey.