Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Mortgage Rates Hit 4.02%. Two-Year Yield Spikes by Most since 2009. Ten-Year Yield Goes over 2%Feb 11, 2022 - 05:40:12 PST
Yields and rate-hike expectations spike. A rate hike now?
The nation's benchmark rate has been increased well above that range at times to curb runaway inflation. It also has dipped well below 2% to stimulate economic growth.
Feb 11, 2022 - 05:26:08 PST
Professional speculators are reloading bets against stock market … short sales increased at fastest rate in more than 10 years during last five weeks per @GoldmanSachs
Look to history for a guide, but know that next time will be different... But America’s new-look financial system is still loaded with risks. Asset prices are high: the last time shares were so pricey relative to long-run profits was before the slumps of 1929 and 2001
Recessions are often the result of the excess accumulated in previous years. Creative destruction after a period of excess used to drive a stronger recovery and continued economic development. That was until risky assets became the biggest concern for policymakers.
European Central Bank President Christine Lagarde warned that the Governing Council would harm the economy’s rebound from the pandemic if it were to rush to tighten monetary policy.
Goldman Sachs Group Inc. sees the Federal Reserve raising interest rates seven times this year to contain hotter-than-expected U.S. inflation, rather than the five it had expected earlier.
“Many of the factors driving inflation higher seem to be caused by supply chain constraints and fiscal stimulus and could naturally fade away on their own,” Davis said on Thursday. “However, those factors are taking a lot longer than expected to slow down. At the same time, commodity prices are increasing and further fueling inflation.”
Stock futures fell Friday morning, adding to earlier losses across the three major indexes, with jitters over a swift tightening of financial conditions increasing on the heels of a multi-decade high print on inflation.
Volatility continues to reign in the markets. After one of the worst January's on record, stocks have started rallying sharply -- but only after a period of intense chop that bruised & confused bulls and bears alike. Where is all this headed?
At exactly 1:30 pm EST today, the precious metals prices surged higher while the broader markets sold off. The gold price surged more than $20 in a half-hour, pushing it above a significant technical level. So, many investors are wondering if this is the much anticipated GOLD BREAKOUT...
Gold Futures Up 5 Session in a Row, Longest Streak of Gains Since November: MWFeb 10, 2022 - 13:09:24 PST
Gold futures ended higher on Thursday, stretching their streak of gains to a fifth session in a row - the longest run of consecutive gains since November. The rise for the metal came in the wake of data showing the U.S. consumer price index rose by a more than expected 0.6% in January to 7.5%, a 40-year high.
Feb 10, 2022 - 13:01:47 PST
International customers flocked to The Royal Mint in Q4 2021 as investors sought out gold and silver to help offset continuing market uncertainty
Turkey aims to attract nearly 5,000 tons of under-the-mattress gold into the financial system, Treasury and Finance Minister Nureddin Nebati said at a press conference in London on Feb. 8.
Ireland bought gold bullion bars stored in the Bank of England, for a fourth consecutive month in December 2021 as seen in the latest IMF data and once again unreported in Irish media.
Since the 2008 bank bailouts, readers regularly ask, “what the hell is going on?” I’m not an economist, but I’ll try to explain things – and it isn’t pretty.
WHOOSH Goes the Dollar’s Purchasing Power in January as Inflation Now Infests ServicesFeb 10, 2022 - 11:47:46 PST
Inflation is burning out of control, but the Fed is still pouring fuel on it. You can no longer just blame supply chains. This is far bigger.
It Only Took $11 Trillion in Free Money plus Forbearance & Eviction Bans to Perform this MiracleFeb 10, 2022 - 11:45:57 PST
The $11 trillion in stimulus, spread around in 22 months, with much of it still trying to find a place to go, has had a huge effect. And it would take a lot of monetary tightening and financial disruption and much higher interest rates and some job losses to return these consumer credit measures to even the historical mean.
Why is it so hard to accept that speculative bubbles can burst? Interest rates were driven to zero for a decade. Yield-starved investors chased stocks to valuations beyond the 1929 and 2000 extremes. That speculation front-loaded more than a decade of future market gains into the present. Those gains are now behind us,...
From 1776 to 1981, the federal government accumulated just under $1 trillion in debt. Since 1982, it has accumulated $29 trillion.