Gold has all the potential to go unprecedentedly high. But silver will be gold on
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PBOC injects 100 billion yuan via reverse repo operation China’s 7-day repo rate rises to highest since January 30
Krystal Guerra’s Miami apartment has a tiny kitchen, cracked tiles, warped cabinets, no dishwasher and hardly any storage space. But Guerra was fine with the apartment’s shortcomings. It was all part of being a 32-year-old graduate student in South Florida, she reasoned, and she was happy to live there for a few...
The personal consumption expenditures price index, which the Fed uses for its inflation target, probably jumped 6% in January from a year earlier, according to the median of a Bloomberg survey of economists. The core measure, which excludes food and fuel, is forecast to climb 5.2%.
Will Dems Push For Price Controls If Fed "Policy Error" Leads To Runaway Inflation?: Jim BiancoFeb 22, 2022 - 05:15:03 PST
With Americans temporarily distracted by the drama in Ukraine, traders are losing sight of the real driving force behind markets: the Fed, and it's sluggish approach to normalizing monetary policy.
Feb 22, 2022 - 05:11:46 PST
The Fed is mistaken. The removal of inflation has the most significant destabilizing effect on the economy, not the abrupt change in monetary policy that comes late to dampen or reverse the price cycle and imbalances. Inflation cycles create liquidity, income, and wealth, and its reversal triggers a sharp loss in all of them.
The eurozone’s annual price inflation rate hit 5 percent in December 2021 and (as of this writing) the consensus is for 5.1 percent in January 2022. Eurozone industrial producer prices were up 26.2 percent in 2021.
Russia-Ukraine conflict would bring significant monetary consequences for CEE.
China would back Russia diplomatically and perhaps economically if it invades Ukraine, worsening Beijing's already strained relations with the West, but would stop short of providing military support, experts said.
IMPORTANT SILVER MARKET UPDATE: Interesting Changes Taking Place In Silver ETF Institutional OwnershipFebruary 22, 2022
There are some fascinating changes taking place in the Silver ETF Market that will be the foundation for much higher prices in the future. While many in the precious metals community label most of the Silver ETFs as fraudulent, this is the only place where large institutions can invest in silver...
Are we heading toward housing crisis 2.0?That remains to be seen.Two things are for certain. The is a massive housing bubble. And the Fed is holding the pin.
Doomberg: Crisis Ahead As Markets and Economy Reach "Tipping Point"? & The Weekly Market RecapFeb 20, 2022 - 07:25:05 PST
Systemic pressures are building everywhere. Inflation, slowing economic growth, prolonged supply chain outages, falling consumer confidence, the trucker blockade in Canada, Kazakhstan as an energy flashpoint, tensions in the Ukraine. These are all interconnected signals that the status quo is failing. And the Weekly Market Recap with Adam and Lance is now available.
METALS & ENERGY UPDATE FEB 20th: Will Gold Continue Its Breakout & Why Global Oil Stocks Declining?February 20, 2022
With the Gold price breaking out of an important technical level and reaching $1,900... will it continue higher? That will likely depend upon if the Russian-Ukraine tensions continue to escalate. Also, why are Global Oil Stocks declining lower than the average for the past five years...
For the past 18 months, gold has been trading mostly sideways and carving out a base in the $1750-$1800 range. Silver has been under more pressure but finally started carving out a bottom and has been range-bound between $22-$25 since September.Last month showed that the consolidation pattern was growing tighter and tighter. A major breakout was due in one direction or the other. The signs were pointing bullish and if $1800 could hold then that could be the launchpad for the next bullish move after an 18-month consolidation.
Recent events in Canada have alarmed some of our regular viewers, specifically the instances of citizens having their bank accounts frozen. What does Mike Maloney think of all this? Could it happen here? How has he prepared? Where is this all going?
However you look at, the outlook for gold looks extremely positive, which is why we continue to hold physical gold and invest in quality junior gold explorers that can offer outstanding leverage to rising gold prices.
Gold futures are edging higher on Thursday after Russian-controlled media agency RIA claimed that Ukrainian forces had shelled territory held by pro-Russian separatists. The news drove down riskier assets as investors sought shelter in the so-called safe-haven asset.
The local stock market remained volatile after the Chinese New Year (CNY) holiday. External uncertainties such as global equity market volatility amid central banks’ tightening expectations in main regions and adjustment in key sectors, among other factors, might be main contributors.
Post by Ray Jia
Swiss exports of gold to mainland China surged in January to their highest since December 2016, but shipments of bullion to India fell, Swiss customs data showed on Thursday.
"It is essential that policymakers, including the Federal Reserve, plan for the future of the payment system and consider the full range of possible options to bring forward the potential benefits of new technologies, while safeguarding stability," Brainard said in remarks prepared for delivery to the U.S Monetary Policy Forum...
The Nasdaq Composite Index tumbled into an ominous “death cross” technical formation Friday morning for the first time since April 2020, when the pandemic battered the global economy and U.S. equity markets swooned.