"In bettor’s terms, gold is the last ace in the hole for global currency stability."
The U.S. Internal Revenue Service’s online filing system was malfunctioning on Tuesday -- the day tax returns are due for most taxpayers.
The US dollar is getting weaker, even as President Trump complains about China devaluing its currency.
"With both Chinese and Indian demand looking very solid, all gold needs now to move it...is a tiny boost of investment demand from...."
John Williams, who takes the helm of the powerful Federal Reserve Bank of New York in June, played down risks the yield curve would become inverted as the U.S. central bank gradually raises interest rates.
Donald Trump’s "warning shot" to China and Russia this week on gaming their currencies is more of a damp squib -- at least as far as the world’s second-largest economy is concerned.
"Don’t bother arguing...just watch the yield curve. The market is smarter than all of us."
"Libor, simply too low for too long, has helped fuel dangerous economic bubbles around the world."
Stores have announced the closing of 77 million square feet of shopping space so far this year.
With each passing day, the USD's undisputed reign as world trade currency draws closer to an end.
Investors need to prepare for downside as the end of the economic cycle is near and U.S. markets are priced for best-case scenarios, Morgan Stanley says.
In a tweet Monday, the president accused Russia and China of "playing the currency devaluation game," even though a Treasury report said the countries were not manipulating.
"Cities in Illinois can’t reform pensions, cut labor costs, or (as of yet) declare bankruptcy."
"LIBOR jumped nearly a full percentage point in the last six months, outpacing the moves of the Federal Reserve."
"Global growth is projected to soften beyond the next couple of years," the IMF said in its latest World Economic Outlook.
The good news? Its taken over 20 years to recover from Clinton’s disastrous National Homeownership Strategy, a HUD directive to their “partners.”
The Housing and Urban Development (HUD) Office of Inspector General concluded that the borrowers in question were either delinquent with federal debt or were subject to federal administrative offset for delinquent…
"What is money when the system collapses? 5,000 years of history for the single most reliable monetary asset class of last resort has already given us the answer."
The other less reported news this week is the hawkish pivot of the Fed. Here's what it means for gold...
Pressing your luck in a historically overextended bull market is a recipe for disaster.