Gold has all the potential to go unprecedentedly high. But silver will be gold on
Site:
Precious metals news
Housing expert Ivy Zelman returns here in Q1 2022 to share her latest outlook for the national real estate market.
Gold touched an eight-month high on Thursday, after Russian news reports of a mortar fire in eastern Ukraine boosted demand for the safe-haven metal and as less hawkish signals from U.S. Federal Reserve's last meeting minutes underpinned bullion.
IMF Sees Inflation As 'Significant Risk,' but Eyes Gradual Moderation in Rising PricesFeb 17, 2022 - 05:36:03 PST
Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains a "significant risk," but rising prices should moderate gradually in most economies this year, the IMF said Wednesday. The International Monetary Fund said inflation had "continued to...
Food companies are raising prices on everything from snacks to mustard, while retailers pass more of these increases down to shoppers. How is inflation playing out in grocery store aisles? Grocery prices have been rising for months and will keep climbing, supermarket executives said—new price increases are coming...
Uruguay’s central bank lifted its benchmark interest rate for a fifth consecutive meeting amid surging consumer prices and above-target inflation expectations.
Turkey's central bank kept its policy rate steady at 14% for the second straight month on Thursday as expected, despite a jump in inflation to nearly 50% after last year's easing cycle triggered a currency crisis. The bank began easing in September and has cut interest rates by 500 basis points under pressure from...
Wealthy nations must improve their floundering flagship debt relief initiative or face a spate of debt crises in the developing world, experts and campaigners say as finance chiefs of G20 major economies prepare for meetings later this week. As the pandemic battered global economies, the Group of 20 leading economies...
This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults.
This morning’s news that UK inflation had hit its highest rate in 30 years is the latest setback for “team transitory” — those who argue that the current spike in prices is a one-off caused by the post-pandemic bounceback in demand and short-term disruptions to the supply chain.
Global non-financial companies have issued the lowest debt volumes in three years in the first six weeks of 2022, deterred by rising interest rates as governments start scaling back their pandemic-era stimulus assistance.
Pacific Investment Management Co. lowered its recommendation on Chinese sovereign debt to neutral from overweight as policy divergence with the U.S. diminishes its yield advantage.
U.S. equity futures pared declined, while Europe’s Stoxx 600 Index fluctuated. Energy companies underperformed as crude oil fell. Havens such as the yen and gold pushed higher. Government bond yields retreated and the dollar was steady.
GLOBAL SUPPLY CHAIN DISRUPTIONS LEAD BACK TO THIS: And Will Only Intensify In The FutureFebruary 17, 2022
If you want to know where the global supply chain disruptions lead back to... you need to watch this video. While energy constraints will be one of the main factors resulting in future global supply chain shortages, another aspect is overlooked. In this video, I tie together another factor...
Feb 16, 2022 - 13:12:36 PST
Inflation is now raging, largely due to the record $trillions of new money the Federal Reserve has issued in monetary stimulus while keeping interest rates at historic lows.
Since the last serious outbreak of inflation in the 70s, central banks have conquered this pestilence and have practiced a responsible stewardship over national monetary systems ever since.
Savings are about consumer goods production in excess of the consumption of these goods. Saving is not about money but about final consumer goods that support the lives and well-being of various individuals that are engaged in the various stages of production.
The Dumb Money is Falling For Another Wall Street Trap... Don't Be One of Them!Feb 16, 2022 - 12:54:43 PST
The Russia distraction appears to be over. The markets are enjoying a relief bounce. Enjoy it while it lasts. The bigger issue for investors today is the fact that the markets are experiencing the first coordinated … Continue reading →
In the last three months of 2021, Americans swiped $52 billion in credit card debt, the fastest since the NY Fed started tracking.
In the Wizarding World of Washington, you can now say a multitrillion dollar federal spending bill “costs zero dollars.” You can claim tax cuts “pay for themselves.” You can even say the government doesn’t need tax dollars to fund anything at all because it can just “create money.”
FOMC Minutes Show Fed To Rush Rate-Hikes, Leaves QT Details Up In The AirFeb 16, 2022 - 11:09:58 PST
Since the Jan 26th FOMC meeting, bonds have been a bloodbath while stocks and gold are higher and the dollar flat...