The White House projects that the federal deficit will surpass $1 trillion this year, the only time in the nation's history the deficit has exceeded that level, excluding the four-year period following the Great Recession.
For Australian precious metals investors 21 June was a momentous day, with the price of gold topping A$2000 per ounce for the first time ever.
HSBC and ING both told clients last week that the US could be gearing up for broader intervention in global currency markets.
The tariffs get all the attention, but the dispute is mainly over national security and geopolitical power.
Russia, China and Iran are working on national digital coins. But that’s not the only way they use cryptocurrency as a response to U.S. economic dominance.
Venezuela sold about $40-million worth of gold last week, defying numerous US sanctions that threaten to cut off Nicolas Maduro’s autocratic regime, according to people with knowledge of the matter.
Here's the current timeline for the Global Economic Collapse due to the Derivative Meltdown...
Gold looks GREAT right now!
If you have a lot of investments, then finding out if you're a good investor is something you should take a closer look at...
Gold traded either side of unchanged last night, retaining its choppy tone in a range of $1410 - $1418. It weakened to its low during Asian hours against a modest early firming in the US dollar (DX 96.83 – 96.90),...
So while debt projections already look scary, we’ll probably be hit by surprises that make the outlook even worse, such as recessions, wars, higher interest rates or a new president in 2021 who wants spending on a Green New Deal or Medicare for All.
It was the lack of inflation which first flip flopped the FOMC from hawk to pause, it is the threat of renewed disinflation which is pushing officials from pause to cuts.
Financial firms need to stop dragging their collective feet and transition to a new reference interest-rate system to replace the scandal-plagued London interbank offered rate regime.
Wall Street analysts say it is increasingly possible the Trump administration will try using a stronger weapon in the currency wars than just presidential tweets.
What is up with the silver market? Join Mike Maloney as he dives into two immensely powerful data sets that suggest that something big is happening behind the scenes.
After gold broke above a critical resistance level, held for the past five years, precious metals, investors are now wondering, “what’s in store for silver?”
"Bitcoin is highly volatile and speculative" he warned, ominously adding that cryptos are used by "money launderers, terrorist financiers, and various bad actors."
Former Texas congressman and presidential candidate Ron Paul joins 'Squawk Alley' to discuss cryptocurrencies, regulation and the tech behind them.
If rate cuts are favorable for stocks, they can act as rocket fuel for the price of gold. As I’ve explained many times before, the yellow metal has thrived in low-rate, weak-U.S. dollar environments.
Japanese-style interest rate caps are drawing interest from global central bankers worried about a downturn, including U.S. Federal Reserve officials.