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Gold initially jumped after the FOMC Statement was released, only to keep declining later. What happened, and what does it say about gold?
CDO's, one of the most notorious agents in the collapse of the financial system, are starting to gain favor again on Wall Street.
    Warren Buffett: Strange Economy We Have Today
May 3, 2019 - 08:56:28 PDT
This economic environment is one that no one could have seen coming given the current fiscal and monetary conditions, Warren Buffett says.
    Barrons: How Gold Could Stage a 20% Rally This Year
May 3, 2019 - 08:19:03 PDT
The gold market to build up energy during the summer & likely going to happen in October or November, it would pave the way to $1,550.”
Simply raising taxes on individuals is not going to fix the underlying issue.
    Miller on the Money: Who Owns You?
May 3, 2019 - 07:42:51 PDT
Capitalism is the economic part of the system of liberty. …. Under it – and this is absolutely central – you are the sole owner of you.
    Evans Says Fed Cannot Declare Victory yet on Inflation
May 3, 2019 - 07:37:15 PDT
Core consumer inflation has fallen since December, meaning the Federal Reserve remains far from its goal of stable 2% inflation, said Chicago Fed President...
    Fed Evans: On Risk and Credibility in Monetary Policy
May 3, 2019 - 07:37:15 PDT
Evans Says Fed Cannot Declare Victory yet on Inflation.
Adults under 65 were more likely than their older counterparts to experience these effects.
Under the hood, it's just as ugly with new orders and employment both tumbling (the latter to two year lows).
    Chart: Here's Where the Jobs Are
May 3, 2019 - 07:12:33 PDT
CNBC studied the net changes by industry for April jobs based on the data from the Labor Department.
The goods-trade gap grew to $71.4 billion from $70.9 billion in February, according to Commerce Department figures released on Friday, below economist estimates for the deficit to widen to $73 billion. The report -- delayed a week by the government shutdown earlier this year -- follows figures last
Bundesbank chief Jens Weidmann broke his silence on Mario Draghi’s initiative to rethink the institution’s negative interest-rate policy, joining colleagues in speaking out against the move.
    NorthmanTrader: Trend Breaks
May 3, 2019 - 06:38:01 PDT
Pay attention here, we just witnessed trend breaks on some index charts and these breaks are coming at a key time and could spell more trouble to come. Speaking of key time, who says twitter trolls…
President Trump & Fed Head Powell, we have a problem, and it's not about gold or silver but about Trump's demands and current Fed policy...
I was perusing my local newspaper's website the other day when I came across this headline - "University of Kentucky to Give iPads to All Incoming Freshman This Fall."
I have to admit, just seeing the headline kind of annoyed me. Because you know what I got when I started at UK as a freshman in 1985?
Nothing.
I didn't get squat!
The US job market juggernaut continues to accelerate.
After years of work & millions of pounds spent in preparation for the U.K.’s withdrawal from the European Union, the outcome are casting a cloud over bankers...
The Federal Reserve FOMC met this week. When it was all said and done, the Fed did nothing. We're stuck in neutral.
As expected, there was no rate hike. Fed Chair Jerome Powell indicated that the central bank would likely maintain this neutral stance into the foreseeable future, staying patient, neither raising nor lowering rates. So, why in the world did markets react like the Fed just jacked up interest rates? On this episode of the Friday Gold Wrap, host Mike Maharrey talks about it. He also gives an overview of the most recent World Gold Council demand report.
The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.