Precious metals news

Persistent consumer anger over high prices is affecting governments in advanced economies, even as inflation rates return to normal levels. This lingering discontent stems from a significant surge in costs during the pandemic and post-pandemic period, which has left a lasting impact on consumer sentiment and voting behavior. The article highlights how this economic dissatisfaction has contributed to electoral defeats for incumbent parties in various countries, including the United States, and is expected to influence upcoming elections in other nations.

With the gold price reaching a record high of $2,800, is it due to massive Chinese and Asian demand, as many in the industry are claiming?  Also, there is a very important MUST-SEE Chart that shows a much higher gold price due to this ratio...

Fed cuts rates to 4.5%-4.75% as Powell prepares for potential clash with returning president over monetary policy.

On the day of Donald Trump's decisive victory in the presidential election, US equity funds experienced a massive influx of $20 billion, marking the largest single-day investment in five months. This surge in investment, particularly in small-cap stocks, coincided with US stocks reaching record highs and the S&P 500 Index heading for its biggest weekly advance in a year. While Trump's proposed corporate tax cuts are expected to boost earnings, concerns remain about potential inflationary effects of his tariffs and immigration policies.

Donald Trump's victory in the 2024 U.S. presidential election has caused significant volatility in the bond market. Initially, Treasury yields surged on expectations of higher economic growth and inflation under a Trump administration. However, as the week progressed, yields retreated as investors reassessed the potential timing and impact of Trump's proposed policies. The bond market's reaction highlights the uncertainty surrounding the new administration's economic agenda and its potential effects on inflation and interest rates

The Federal Reserve has cut interest rates for the second consecutive time, lowering the federal funds rate to 4.5%-4.75%. While this move aims to support economic growth, uncertainty looms due to Donald Trump's re-election and his proposed economic policies. Fed Chair Jerome Powell emphasized the central bank's independence, stating he would not resign if asked by Trump, setting the stage for potential tensions between the Fed and the incoming administration.

In his latest analysis, Mike Maharrey contends that the real winners of the 2024 election are gold and silver. He points out that despite changing administrations, trends of expanding government and rising debt persist. Maharrey emphasizes the strong performance of precious metals, with gold setting 39 all-time highs and both gold and silver outpacing major stock indices. He advocates for investing in these metals as a protective measure against economic instability and federal policy impacts.

Gold prices experienced a volatile week, ending with a decline as investors evaluated the Federal Reserve's interest rate decision and Donald Trump's election victory. The Fed's 25 basis point rate cut initially boosted gold, but uncertainty about future cuts and expectations of Trump's economic policies led to a strengthening dollar, putting pressure on the precious metal.

In this video, Mike Maloney and Allan Hibbard dive into the significance of cryptocurrencies and precious metals as “allies in freedom”

According to CME CEO, Terry Duffy, trading activity for gold has increased significantly following the recent election. This surge in trading volume suggests heightened investor interest and market volatility surrounding gold in response to the election outcome. The dramatic increase in gold trades likely reflects investors adjusting their portfolios and hedging strategies in light of potential policy changes and economic impacts stemming from the election results.

The Federal Reserve is expected to cut interest rates by a quarter percentage point on Thursday, following Donald Trump's election victory. This decision comes amid a changing economic landscape, as Trump's proposed policies on tariffs, taxes, and immigration could significantly impact growth and inflation. The Fed now faces the challenge of navigating these potential changes while maintaining its independence and managing inflation expectations.

Oil prices experienced a slight recovery following the U.S. presidential election, as traders weighed the potential impact of Donald Trump's victory on oil supply and demand. The market is balancing concerns over possible supply disruptions due to Trump's policies, particularly regarding Iran and Venezuela, against the strengthening U.S. dollar and rising inventories. Additionally, Hurricane Rafael in the Gulf of Mexico is contributing to supply concerns, temporarily halting some oil production in the region.

The Bank of England has cut interest rates to 4.75%, with expectations of gradual further reductions. However, the recent UK budget and Donald Trump's election victory are likely to increase inflationary pressures, potentially slowing the pace of future rate cuts. This marks a shift from the post-2008 era of deflation concerns to a higher interest rate environment, distinct from both the pre-2008 and post-2008 periods.

Donald Trump's victory in the US presidential election presents significant challenges for central banks worldwide. The unexpected outcome has left monetary officials unprepared, as they couldn't position themselves for a Republican triumph beforehand. Central banks will need to adapt quickly to the new political landscape, potentially facing pressure from Trump's policies on tariffs, immigration, and taxes. These changes could complicate efforts to manage inflation and maintain economic stability, particularly if Trump continues his past practice of criticizing the Federal Reserve.

After the Presidential Election and the tremendous price volatility, I discuss why it is important to own silver in the years ahead.  While the short-term silver price is volatile, we are setting up for much higher fundamental prices in the future...

The 10-year Treasury yield rose sharply to 4.461% after Donald Trump defeated Kamala Harris in the presidential election. This significant increase is attributed to market expectations of economic growth and increased government spending, particularly if Republicans secure a majority in Congress.

The US stock market and cryptocurrency prices surged to record highs following Donald Trump's victory in the 2024 presidential election. Investors reacted positively to the prospect of Republican policies, including lower taxes and deregulation. The Dow Jones Industrial Average jumped over 1,200 points, while Bitcoin reached a new all-time high above $75,000. Trump's win also boosted his own media company's stock by nearly 38%. However, some sectors like renewable energy saw declines, and analysts warn that Trump's policies could potentially reignite inflation.

Gold and copper prices plummeted following Donald Trump's decisive victory in the U.S. presidential election. The surge in the U.S. dollar, driven by Trump's win, put pressure on commodities as it made metals more expensive for buyers using other currencies. While the immediate market reaction was negative for precious metals, analysts suggest that Trump's presidency could eventually be bullish for gold due to potential geopolitical tensions and economic policies.

Gold prices fell following Donald Trump's decisive election victory, primarily due to a strengthening US dollar making bullion more expensive for many buyers. While the immediate impact was negative for gold, analysts predict a potentially bullish long-term outlook under Trump's presidency, citing factors such as inflationary pressures and potential trade tensions with China.

In this eye-opening video, we delve into why the monetary system matters more than which party holds the presidency.