Gold has all the potential to go unprecedentedly high. But silver will be gold on
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The market is heading towards a breakdown as analysts fail to warn investors of the actual reality because they have no clue. This is the Big Problem facing investors as we head towards the Energy Cliff. The market believes the current Energy Crisis is just from the Russian-Ukraine War. However, when the market realizes...
Gold isn’t volatile, the dollar is volatile… Gold is about preserving your wealth in the long term…
Fmr. White House Economist Warns of ‘Severe Recession’ Amid Tech-Led SelloffMay 5, 2022 - 12:28:42 PDT
I think it's about to all end. You know, basically, there was all this stimulus money that went into people's pockets. They saved it. And even though prices have been going up much faster than wages, consumption is kind of held up because people have that buffer stock built up from the money that they didn't all spend during the pandemic.
Forbes Media chairman and editor-in-chief Steve Forbes argues the Federal Reserve should let the market settle its own volatility.
Smack in the face of yesterday's rally attempt on very dovish Fed comments, both the stock and bond markets revolted today.
May 5, 2022 - 12:06:45 PDT
That might not win him fans in Congress. But nobody ever thought it would be easy to deflate a multitrillion dollar asset price bubble. And the Fed has a better chance of doing this smoothly if it starts gently and early. Wednesday’s rally shows the consequences of staying silent.
With the average 30-year mortgage rate rising to 5%, home ownership may now be out of reach for millions more Americans. WSJ’s Dion Rabouin explains the impact for potential buyers, sellers and the housing market.
An escalating selloff in long-end Treasuries pushed yields to fresh multi-year highs Thursday, with the benchmark 10-year rate firmly above 3% as trading flows favored a steeper curve and concern over inflation rattled the bond market.
The largest digital currency fell as much as 8% to $36,639, the biggest intraday drop since April 11. It had gained 5.3% on Wednesday. Ether slumped as much as 7.2%. Avalanche and Solana, among some of the largest gainers after the U.S. central bank raised rates Wednesday, were down as much as 11% and 7.3%, respectively.
That's It...The Everything-But-Gold & Silver-Bubble MUST IMPLODE (Bubble Wrap)May 5, 2022 - 11:45:34 PDT
Join Mike Maloney as he gives his ‘Bubble Wrap’ presentation - the summation of all present economic bubbles, and what you can do to prepare for the inevitable bursting of these bubbles.
Dow Tumbles 1,000 Points, Nasdaq Drops More Than 4% As Wall Street Sell-Off IntensifiesMay 5, 2022 - 08:56:53 PDT
Carlyle Group co-founder David Rubenstein said investors need to get “back to reality” about the headwinds for markets and the economy, including the war in Russia and high inflation.
The surge in stocks that followed this week’s Federal Reserve decision proved short lived, with traders worried that officials could struggle to fight persistently high inflation amid the lingering threat of an economic recession.
The unprecedented amount of investor leverage that powered the markets higher is only starting to be unwound.
The national debt is at an all-time high and this year's budget deficit is forecasted to be the third or fourth-largest in American history—but President Joe Biden claims these are signs that his administration is overseeing a period of fiscal austerity.
Main Street Is Convinced That a Recession Will Hit the U.S. Economy This YearMay 5, 2022 - 08:33:28 PDT
Eight in ten small business owners across the U.S. tell CNBC that they expect the economy to enter a recession this year.
May 5, 2022 - 08:06:41 PDT
But even as the Fed embraced a much more aggressive approach to tackling elevated inflation, investors detected dovish signals that were expected to have a lower-than-powerful central bank.
German factory orders fell more than anticipated after Russia’s invasion of Ukraine darkened the prospects for the economy by adding to inflation pressure and disrupting global supply chains.
China’s Services Activity Falls at Second Sharpest Rate on Record – Caixin PMIMay 5, 2022 - 07:56:24 PDT
China's services sector activity contracted at the second-steepest rate on record in April, as tighter COVID curbs halted the industry, leading to sharper reductions in new business and employment, a private-sector survey showed on Thursday.
The Bank of England issued the most gloomy outlook of any major central bank this year, warning Britain to brace for double-digit inflation and a prolonged period of stagnation or even recession.
Gold prices climbed on Thursday, as the Federal Reserve expectedly raised interest rates by 50 basis points to tackle inflation, which the U.S. central bank highlighted as a risk to the economy while also ruling out larger hikes for the year.