Gold has all the potential to go unprecedentedly high. But silver will be gold on
Site:
Precious metals news
Euro Zone Yields Hold Near Recent Highs As Investors Brace for Inflation DataAug 30, 2022 - 05:33:18 PDT
Euro zone government bond yields were little changed on Tuesday as traders awaited the latest policy signals and this week's inflation data, following a start to the week in which yields soared after a round of policymaker warnings about inflation. Particularly in focus were comments made by ECB board member Isabel Schnabel at the weekend.
Some of Wall Street’s biggest banks expect a lengthy period of higher interest rates to further pressure Corporate America’s profit engine, threatening equity gains as companies grapple with elevated financing costs and margin-shredding inflation.
US Mortgage Lenders Are Starting To Go Bankrupt -Triggering the Worst Surge of Failures Since 2008Aug 30, 2022 - 05:28:49 PDT
Holding out hope for clear skies in real estate? You may be waiting a while.
"Consumer behavior is shifting to lower-priced items in our category as they struggle with inflation," an executive in the food manufacturing industry told the Dallas Fed. "We see particular stress in our highest-end products, notably our organic beef sausage, as consumers trade down. We see strong consumer response to promotions, which is driving up costs."
"I was actually happy to see how Chair Powell's Jackson Hole speech was received," Kashkari told Bloomberg's Odd Lots podcast. All three U.S stock benchmarks lost more than 3% on Friday after Powell told the annual central bankers conference in Jackson Hole, Wyoming, that the Fed would raise interest rates as high as needed to slow growth and soften the labor market.
President Joe Biden recently announced a student loan forgiveness program. While it will provide some people a small amount of relief from student loan debt, this $300 billion taxpayer-funded scheme does nothing to address the underlying problem. In fact, it will exacerbate it.The underlying problem is the high cost of a college education.
The dollar index recently hit a 20-year high, so this might seem to be an odd time to talk about a dollar decline. But Rockefeller Institute Chairman and Financial Times columnist Ruchir Sharma recently wrote an article arguing that a post-dollar world is coming.
SILVER MARKET & MINERS UPDATE AUG 30th: What Is The Most Undervalued Stock & What's Happening With The Silver Price?August 30, 2022
Something very interesting is happening in the silver market. While the weakness in the silver price has frustrated investors, you need to watch this video update. In this update, I provide my analysis of the silver market and what I believe is one of the industry's most undervalued primary silver stocks...
…which is why Bretton Woods III is destined to happen. It’s already happening, and we will explore the Bretton Woods III topic in detail in our upcoming dispatch: War and Currency Aug 24, 2022- Z. Pozsar
Aug 29, 2022 - 12:58:42 PDT
Rep. Alex Mooney (R-WV) is calling out U.S. Treasury Secretary Janet Yellen and U.S. Mint Director Ventris Gibson for the “long-running production slowdown” in the Silver American Eagle bullion coin program that has caused “shortages and dramatically higher market prices for this iconic silver coin as compared to its peers worldwide.”
Mark Zandi, Moody's Analytics chief economist, on whether the housing market is due for a coast-to-coast correction.
The author is Chairman of Rockefeller International As the dollar soared to levels last seen almost 20 years ago this month, analysts cited old Tina’s (no other choice) argument and predicted further gains for the strong dollar to come. . What happened 20 years ago suggests the dollar is nearing its peak rather than rising...
As many of the world's most powerful economic policymakers took to the lectern at an annual economic symposium in Jackson Hole, Wyoming, in the last few days, a recurring — and disturbing — theme emerged from the proceedings.
Is the bear market over, or is it just hibernating as tighter monetary policy continues to work its way through the system?
Filled gaps are in blue, partially filled gaps are in black, and unfilled gaps are in green.
Aug 29, 2022 - 12:16:06 PDT
While a bloody conflict with Ukraine rages on, Russia is set to begin the multilateral military exercise “Vostok 2022” with friendly countries. While several militaries have announced their participation, China’s entry is keenly watched. ‘Blowing’ Away Russia’s & China’s Hypersonic Missiles – Jittery US Is Reviewing Its Nuclear Posture? On August 25, it was revealed...
Did The U.S. Provoke Russia Into Invading The Ukraine To Sabotage Nord Stream 2?Aug 29, 2022 - 12:14:31 PDT
“The primordial interest of the United States, over which for centuries we have fought wars– the First, the Second and Cold Wars– has been the relationship between Germany and Russia, because united there, they’re the only force that could threaten us. And to make sure that that doesn’t happen.” George Friedman, STRATFOR CEO at The Chicago Council on Foreign Affairs
No politician wants to tell us the real story of fossil fuel depletion. The real story is that we are already running short of oil, coal and natural gas because the direct and indirect costs of extraction are reaching a point where the selling price of food and other basic necessities needs to be unacceptably high to make the overall economic system work. At the same time, wind and solar and other “clean energy” sources are nowhere nearly able to substitute for the quantity of fossil fuels being lost.
One of the most anticipated events on the Central Banking calendar commenced this week: Jackson Hole, where “policymakers, academics and economists from around the world” gathered to discuss plans for the future. Powell gave his much-anticipated speech on Friday, quickly getting to the tough talk: The Federal Open Market Committee's (FOMC) overarching focus right...
The core mission of the Ministry of Propaganda isn't just to push a desirable narrative--it's to mystify the underlying dynamics of a system that benefits the few at the expense of the many by promoting a self-serving worldview (weltanschauung) that explains how the world works in a way that protects the interests of those in power.