GFMS analysts say they expect gold to deliver its strongest annual price performance in five years during 2018.In its Gold Survey 2018 report released today, GFMS analysts said political uncertainty will drive investment in gold bars and bullion-backed investment funds. They predicted gold will average $1,360 an ounce this year, up 8% from 2017, with some short-term moves towards $1,500.
The markets & financial system continue to be propped up by an ever-increasing amount of debt and leverage, precious metals investors need to understand the two most important reasons to invest in gold and silver. While one of the reasons to own precious metals is understood by many in the alternative...
The slide deck for today’s DoubleLine Asset Allocation webcast hosted by Jeffrey Gundlach. GDP = Gross Domestic Product is the measure of goods and services with in a given country. NSA = Non‐Seasonally Adjusted, YoY= year‐over‐year.
The DX clawed back over 93 then traded narrowly between 93.10 – 93.15. Gold traded down to $1314 in response, and was $1314 bid at 4PM with a loss of $1.
Congress To Green-Light Perpetual Global War?
(Up From 0.765% On 07/11/16). Today's 3-year Treasury note auction sold $31 billion. And the high yield was a Treasury inferno! Indirect bidders purchased smallest share of sale since December 2016.
"Trump knows that the lower the cost of money is, the easier the speculation for Wall Street and its main corporate clients which sooner or later will be a threat to the rest of us."
Yet despite 6.55 million job openings, hourly earnings growth YoY is at an abysmal 2.6%.
"By 2020, China will have completed its nationwide facial recognition and surveillance network including in homes via smart TVs and smartphones."
Trade turnover between Russia and China grew by 31 percent in the first three months of the year compared to the same period in 2017, according to the Russian customs data.
"Adding to the bullish picture, the Chinese central bank was expected to resume purchases, GFMS said, leading to a rise in net official sector demand."
The dollar rose to fresh 2018 highs on Tuesday amid heightened geopolitical risk ahead of an announcement on the future of the Iran nuclear deal and after a hawkish signal from Federal Reserve Chairman Jerome Powell.
Eventually, there aren’t any more half measures to take or stalling tactics that work. It doesn’t matter what you were promised or what you believe you earned.
"Massive money supply growth does not buy time or disguise structural problems. It simply destroys the purchasing power of the currency."
The Federal Reserve said consumer credit in March grew at a seasonally adjusted annual rate of 3.6%, or $11.6 billion, to mark the slowest gain since September.
And the Fed Funds is still at crisis levels 10 years after the crisis
An avalanche of dammed up liquidity may be about to kick inflation into overdrive.
"In the aftermath, gold will benefit with more usage in trade imbalance adjustments for bilateral resolution."
We Don't Fully Understand" Impact Of Unprecedented QE Unwind
U.S. central bankers have been telegraphing their comfort with inflation above their target for the past few weeks.