Central banking as we know it is on the way out, and it’s “inevitable” that something like modern monetary theory will replace it, billionaire investor Ray Dalio said.
In addition, a fiscal cliff is looming at the end of the year if no agreement on spending levels is reached.
Gold demand was up 7% year-on-year in the first quarter, according to the World Gold Council Gold Demand Trends Q1 2019 report.Total global demand came in at 1,053.3 tons, driven primarily by central bank buying, inflows of metal into ETFs and strong demand for gold jewelry.
Eurozone manufacturing activity contracted for the third month running in April as conditions worsened in Germany.
Sluggish economy slides to slowest pace since 2009. Finance chief blames a ‘weaker global economy and various external headwinds’.
The Bank of England has kept interest rates on hold at 0.75% after declaring that economic growth in the UK has been stronger than expected.
Either way, these type of super large open-pit mines will soon be extinct when global oil production peaks and declines.
Global gold reserves rose 145.5 tons in the first quarter, a 68 percent increase from a year earlier, the World Gold Council said Thursday in a report.
There is more to gold and silver than just purchasing power. Matt from Silver Fortune explains...
Gold traded modestly lower last night in a range of $1277.85 - $1283.70. Activity in all markets was muted with much of the globe on May Day holiday and ahead of this afternoon’s FOMC Meeting Statement and subsequent press conference from Chair Powell.
Rate cuts, stock market highs. Those two things don’t belong together at least as both describing the same economy.
It only took one word from Fed Chairman Jerome Powell on inflation to send the markets reeling, and that word was 'transitory.'
Gold & silver rise as the Fed once again uses the "there's no inflation" excuse to not raise interest rates. See the press conference here at 2:30 pm EST....
The Federal Reserve is announcing its interest-rate decision at 2 p.m. Eastern, followed by a press conference from Chairman Jerome Powell at 2:30 p.m. Follow along as MarketWatch covers the FOMC decision and the reaction by markets and experts.
The central bank held its benchmark rate in a target between 2.25% and 2.5%, meeting market expectations though perhaps disappointing President Donald Trump, who earlier this week urged the Fed to cut the rate by 1 percentage point.
Core PCE cratered from 1.8% to 1.3%. That’s strong disinflation and dangerously close to outright deflation, which is the Fed’s worst nightmare.
Gregory says gold & silver are the most undervalued (and suppressed) assets on earth, but no amount of rigging will stop the explosive move. Here's why...
The "Ponzi Finance" phase of the US "Minsky Moment" cycle begins some time in 2024. It's all downhill from there.
Down from 1.3% on April 29th The Atlanta Fed GDPNow estimate for 2Q growth has dipped to 1.2% from 1.3% on April 29th.
Tax cut was supposed to supercharge the supply side of the economy — what happened?