Precious metals are apparently waking up. And here is where you can find the best deals.
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“Given what we think the Fed will do in the next year or so, there is a lot further for gold prices to rise,”...
It could be a long day indeed for bankers...
Billionaire investor Paul Tudor Jones must be rolling in bullion right now.
Our call of the day, from Citigroup analysts, say “bullish gold fever” is justified and set up a scenario in which gold reaches $1,500 to $1,600, levels not...
A decade after the 2008 financial crisis, one of the most accurate predictors of U.S recessions - inversion of the government bond yield curve - has kicked in.
Mario Draghi told the European Union that additional monetary stimulus and a much more expansionary fiscal policy may be needed to overcome persistent economic weakness...
The dollar is poised to slide into a “modest bear market” as Treasury yields collapse on the back of the Federal Reserve’s dovish pivot.
It’s the same story we’ve seen plenty before, the one that says the banking sector is sniffing out a coming recession.
A slowdown in factory output is worrying policy makers at central banks...
A gauge of U.S. factories fell in June to the lowest since late 2009 and hovered just above the threshold between expansion and contraction, the latest signal that the American industrial sector is losing momentum...
From time to time, I write about gold-covered food. Why? Because it's a thing - a weird thing. It involves gold - which is what we do here. It comes up a lot in my daily Google searches for gold news. And did I mention I find it kind of weird?Really, I don't understand the thrill of eating gold. I like to invest in gold. I like to wear gold. I like to look at pretty golden things. But eat gold? Nah. Really, it's a hard pass for me. (There's a joke there that I'm not going to explain - just think about it a second...hard pass.)
Globally speaking, the last decade has been the bender to end all benders and the coming hangover is going to be proportionally severe...
Negative-yielding bonds grew $1.2 trillion this week from central banks in Europe & the U.S., pushing the total past $13 trillion for the first time.
The argument in favor of cutting interest rates has strengthened recently as cross currents buffet the U.S. economy...
The Fed Is Out of Patience; Gold Breaks Out: SchiffGold Friday Gold Wrap June, 21, 2019June 21, 2019
The Federal Reserve held its June Open Market Committee Meeting this week and it looks like Powell and company are fresh out of patience. In fact, that word didn't come up once. And while the Fed held pat on interest rates, for now, virtually everybody is betting on a rate cut in the near future. This has caused gold to surge to prices not seen in nearly six years. Meanwhile, American consumers are still running up debt and the Chinese are shedding it. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about it.
Fed is world’s de facto central bank and world seems to be in trouble...
“The dovishness of the Fed and ECB, geopolitical tensions in the Middle East, and a technical breakout above $1,350 with volumes gave strong support for the metal,”
“The dovishness of the Fed and ECB, geopolitical tensions in the Middle East, and a technical breakout above $1,350 with volumes gave strong support for the metal,”
joining the ECB by opening the door to interest rate cuts and more stimulus to counter an economic slowdown, the Fed sent the dollar to its biggest two-day loss...
St. Louis Fed Bullard on Friday said he wanted to cut interest rates this week to guard against outlook of slowing growth & weak inflation.