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The Bank of England raised interest rates for a fifth straight meeting and sent its strongest signal yet that it’s prepared to unleash larger moves if needed to tame inflation.
It’s too soon to call an end to America’s worst bond-market collapse in at least half a century.
Veteran investor and bitcoin bull Michael Novogratz doesn't have a rosy outlook on the economy, as the Fed delivered an unusually aggressive rate increase.
Gas Prices: ‘The Solution Here, Unfortunately, Is Probably a Recession,’ Analyst SaysJun 16, 2022 - 05:25:55 PDT
Gasoline prices remain above an average of $5/gallon nationally, according to AAA data, and energy experts still do not see any relief in sight.
U.S. stock futures fell Thursday morning as investors weighed the potential economic costs of the Federal Reserve's fight with inflation.
In Shock Decision, SNB Hikes Rates For First Time In 15 Years, Warns It May Sell Billions In StocksJun 16, 2022 - 05:21:57 PDT
In a decision that came as shock to the market, this morning the Swiss National Bank (SNB) raised its policy rate by 50bp to -0.25%, its first rate hike in 15 years, against unanimous consensus of no change, and a dramatic move that sent the franc surging more than 2% against the euro, bringing parity between the two currencies into view.
Retail sales unexpectedly dropped in May, casting doubt on Federal Reserve Chairman Jerome Powell's "the American consumer is healthy" narrative.
The Federal Reserve took a more aggressive swing at red-hot inflation at its June FOMC meeting, raising interest rates by 3/4%. It was the biggest hike since 1994. The question is will this be the last swing at inflation?
With the Broader Markets and Cryptos now in Freefall, this is just the beginning. As the world heads over the Energy Cliff, most of the supposed Assets will turn more into Liabilities. That is why it is crucial to own physical precious metals. In this update, I provide my analysis of what I believe is The Weakest Link in the world oil supply that will likely be the first victim of the Energy Cliff...
Silver has a strong period ahead from June 24 through to September 04. Over the last 15 years, prices have gained nine times and fallen six times. The largest gain has been a huge 54.34% and the average gain has been 6.74%. Will silver shine again this summer?
Jun 15, 2022 - 13:36:52 PDT
So far, a total of 294 tombs with about 3,000 gold artifacts have been discovered in the necropolis of Varna, according to the Archeology of Bulgaria. Although many elite tombs have been discovered, there is one that stands out among the others – Tomb 43. Archaeologists have discovered the remains of a tall man who looked like a ruler or leader.
Gold Close to All Time High Territory in Top 20 Countries GDP Non-Weighted Index Since 1970Jun 15, 2022 - 13:32:08 PDT
#Gold close to all time high territory in Top 20 Countries GDP Non-Weighted Index Since 1970 (Jun. 13, 2022); still bearish US dollar, bullish gold.
Gold prices settled higher on Wednesday to recoup some of the losses they suffered a day earlier, then seesawed between losses and gains after the Federal Reserve’s policy-setting committee announced the largest interest-rate increase in nearly 30 years.
Brent Johnson of Santiago Fund Says the Only Two Assets He Would Own Are Dollar and GoldJun 15, 2022 - 13:01:35 PDT
#GlobalNews | Brent Johnson of @SantiagoAuFund says the only two assets he would own are #Dollar and #Gold as he expects we are headed towards a sovereign currency crisis. Listen in
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zeroThe National Federation of Independent Business (NFIB) signals a recession is coming—again. The reason I say “again” is because, in September 2019, we discussed these same signals:
Even after central banks recognized they got their inflation calls wrong last year, they’ve continued to flub their policy guidance, threatening greater damage to their credibility, roiling markets and undermining the pandemic recovery.
Fed: ‘Be Careful What You Wish For’ on Interest Rates, Top Strategist WarnsJun 15, 2022 - 12:28:36 PDT
As big name investors such as Bill Ackman and Jeff Gundlach clamor for the Federal Reserve to hike interest rates by 100 basis points or more, one top strategist thinks observers should really think through what they are calling for.
The group argued about whether Russia should threaten the U.S. with nuclear war or by launching an intercontinental ballistic missile, among other suggestions.
Jun 15, 2022 - 12:16:57 PDT
The U.S. failure to correctly predict how the Russian and Ukrainian militaries would perform in the early stages of their ongoing war is fueling fears in Washington that America may have major blindspots when it comes to the fighting force of an increasingly powerful adversary: China.
Insider Alert: Mike’s latest investment moves, plus new analysis of stocks, real estate, & moreJun 15, 2022 - 12:13:50 PDT
Action Alert: Mike Maloney just recorded an update on his latest investment decisions. As a bonus, he has included 30 minutes of new analysis of the stock market, US dollar, Real Estate, a company that he believes will be the biggest in the world sooner rather than later, and an update on his ‘Roller Coaster Crash’ Inflation/Deflation theory.