The firm also expects the recent increase in the U.S. dollar to be short-lived
“We expect gold will provide a good hedge against a likely equity downturn.”
Gold prices rose on Monday as the U.S.dollar slipped after last week's rally though investors are watching for inflation data from the U.S later this week for signs of the intensity of expected U.S. interest rate increases.
Venezuela has suffered for years from high inflation and the chronic shortage of food and medicines.
"The solution for investors is to have some assets outside the traditional markets and outside the banking system."
SD Outlook: Gold & silver may be finally bottoming, but there's a major reason we're not out of the clear just yet...
"The mounting sovereign debt is a “ticking time bomb,” in the words of former Treasury Secretary Jack Lew."
Bond yields usually rise when the dollar rises, but that hasn't been the case.
This week’s U.S. inflation report could hold the key to the next phase.
The inflation bogeyman has reared its ugly head and sent U.S. stock investors racing for the hills in recent days.
The U.S. will post a larger budget deficit this year and could see a “spike” in interest rates as a result
With the Fed now trapped, here's the fundamental factors that could see gold explode to the upside...
Charles says bonds and homes are not going to hold their value after the crash. Here's why gold is the only protection...
Danielle DiMartino Booth interviewed on TradCatknight Special Guest Danielle DiMartino Booth joins me to discuss: Trump, interest rates, natural disasters affecting the economy, transition to digital economy, cryptos birthed from […]
What sets first place apart from first loser? As we find out for the latest gold and silver medals, not that much at all...
Gold is the only currency that is not participating in the currency wars. Here's what it means for investors...
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
There are certain things I see and I automatically think, "That's a bad plan, dude."
The bears were running on Wall Street again Thursday, as the Dow Jones suffered another steep tumble. After a record drop of 1,175 points Tuesday and a rebound Wednesday, the Dow shed another 1,333 points.The Dow Jones dropped 6.5% in four days. That's the steepest decline in any week since October 2008. The S&P 500 has shed 6.6% of its value this week, its second-worst drop since 2008. The NASDAQ has also tanked, giving up all of its 2018 gains.As Peter Schiff put it in his most recent podcast, "This market is looking ugly."
Gold traded down last night in a range of $1322 - $1313.60. It remained nervous and choppy along with other markets, and largely fading the direction of the US dollar.