Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Gold prices rose over 1% on Monday, boosted by a slide in U.S. dollar to its lowest in a month, while growth concerns in the economy kept bullion's safe-haven demand intact.
KARACHI: Following an increase of Rs600 per tola, gold prices in Pakistan broke all previous records and touched a new high on Saturday.
May 23, 2022 - 06:23:07 PDT
Grantham's comments come after his January commentary that the stock market is in a "superbubble" and he expected the S&P 500 to plunge about 45% from current levels to a mark around 2,500.
n short, the world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer... and worst of all, it's getting poorer at the behest of its own leaders.
European Central Bank President Christine Lagarde has taken aim at cryptocurrencies, arguing in an interview on Dutch television that they're essentially "worth nothing" as they lack underlying assets "as an anchor to safety" while calling for them to be regulated.
The infamous World Economic Forum (WEF) will host its annual meeting in Davos this week, and Jordan Schachtel,via 'The Dossier' Substack, is going to make sure you know who is attending the invite-only gathering. For those of you who are new to this nefarious organization:...
IMF Says Global Economy Faces ‘Confluence of Calamities’ in Biggest Test Since World War IIMay 23, 2022 - 06:14:11 PDT
The International Monetary Fund has warned against "geoeconomic fragmentation" as policymakers and business leaders gather at Davos.
President Biden said Monday the U.S. would intervene militarily if China were to invade Taiwan, in one of the most forceful and overt statements of American government support for Taiwan in decades. Mr. Biden said the burden to protect the self-ruled island was "even stronger" after Russia's invasion of Ukraine.
NATO Plans to Rip Off Americans Even More as Sweden and Finland Set to Join: MisesMay 23, 2022 - 06:07:18 PDT
Joe Biden's move expands the number of counties for which Americans could be expected to die and the number of countries that American taxpayers will be expected to subsidize with their tax dollars
International Monetary Fund chief Kristalina Georgieva acknowledged that risks to the global economy have intensified but pushed back against concerns of a recession.
New Zealand Budget 2022: Ardern Offers $1Bn in Sweeteners To Tackle Cost of Living ‘Storm’May 23, 2022 - 06:01:15 PDT
PM says budget, which includes major spending on climate and health care reform, aims to ensure long term ‘economic and social security’...
China will adopt a package of targeted, forceful and effective measures to support the economy, state television quoted the cabinet as saying on Monday, as downward pressure intensifies. China would strive to bring its economic operations back onto a normal track, the cabinet said.
Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies.
Fifty-seven percent of small-business owners expect economic conditions in the U.S. to worsen in the next year, up from 42% in April and equal to the all-time low recorded in April 2020, according to a survey of more than 600 small businesses conducted in May for The Wall Street Journal by Vistage Worldwide Inc., a business-coaching and peer-advisory firm.
Davos Meetings Are Full of Potential But Rarely Full of Solutions, El-Erian: BloombergMay 23, 2022 - 05:42:07 PDT
The World Economic Forum is gathering again and the list of economic problems facing the world is long and getting longer.
Financial officials wrestle with prospect of stagflation, energy shocks, food shortages and debt crises among developing nations.
Treasury Secretary Janet Yellen celebrated a “historic day” last summer when more than 100 nations agreed to a global minimum tax deal, aimed at putting the world's countries on a more equal footing in attracting and keeping multinational companies.
Tech Stocks Are Mired in Their Longest Weekly Losing Streak Since Dot-Com BustMay 23, 2022 - 05:31:14 PDT
The Nasdaq's seven-week losing streak underscores the shift in investor sentiment away from technology and growth stocks as the broader markets sell off.
Retail sales have spiked over the last few months. You would think that would be great news for retailers, right?Not so fast.
The mainstream is concerned about the Fed pushing the economy into a mild recession as it battles inflation. Peter Schiff recently appeared on NTD News to talk about the economy. He said the recession is already here and it's not going to be mild!