Precious metals are apparently waking up. And here is where you can find the best deals.
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Despite the upside surprise MoM, year-over-year gains in durable goods orders were barely positive - at their weakest since April 2017...
Germany has launched into damage control mode on Thursday, with the Bundesbank issuing a statement claiming that Deutsche and Commerzbank are "solid, stable banks".
The Reserve Bank of India has jumped on the gold bandwagon.Since December 2017, the Indian central bank has added 50.4 tons of gold to its reserves.India bought 8.2 tons of gold in January and February of this year and analysts project that pace to pick up. Economist Howie Lee told Bloomberg he expects the RSB to add as much as 1.5 million ounces of gold to its reserves in 2019. That comes to about 46.7 tons.
Sweden's Riksbank joined the global dove procession... announcing an 18-month extension to its QE program
Change in forward guidance – further interest rate rises before 2020 explicitly ruled out.
Given their dwindling policy tool-kit, BOJ officials have made clear that subdued inflation alone won't trigger additional easing, and that the central bank will act only if risks threaten to derail Japan's economic recovery.
Further strain on Chinese debt came Wednesday, when the central bank injected cash by offering targeted medium-term loan...
Receding inflation could bolster the case for reducing interest rates in 2019...
If Reuters is suddenly so concerned, why doesn't the news agency investigate the international central bank gold price suppression scheme?
"...it is safe to conclude that what we are witnessing is simply another Bank program to "wash the CoT"... meaning another deliberate scheme where..."
Gold was a little nervous and choppy last night, trading either side of unchanged in a range of $1268.85 - $1274.50. It dipped to its low during Asian hours against a moderately stronger US dollar (DX from 97.55 – 97.70)...
If Inflation Is Affecting The Price Of Coffee In Seattle, Why Isn't Inflation Affecting The Gold Price?April 24, 2019
Keith Weiner says the answer is simple. Here are the details as Keith continues his dive into the topics of inflation, gold, silver and more...
Prices of gold climbed Wednesday, boosted by weak economic data from Europe and Australia.
High prices are luring more and more Africans into prospecting for gold. It's a livelihood for them, but states suffer as it's smuggled out in huge volumes.
Heightened geopolitical and economic uncertainty pushed central banks to diversify their reserves and focus on investing in safe and liquid assets...
The main challenge facing central banks is not too much inflation -- it’s too little.
A lack of inflation in the latest quarter shows the Australia economy is "running on empty"...
Stewart says a big relief rally for the entire precious metals sector is imminent. Here's why...
The bond market is convinced the Fed will not raise interest rates again, which it would consider in a higher inflationary environment.
A new forecast expected to show Japan will fall short of its inflation target after nine years of unprecedented stimulus.