Precious metals news

The cost of hedging against potential losses in U.S. Treasuries has surged to its highest point in 2024, driven by traders' anticipation of significant upcoming events, such as payroll data releases, the U.S. election, and the Federal Reserve's policy announcement. These events could exacerbate market losses, with traders expecting a further rise in yields. The bond market's reaction is influenced by a robust U.S. economy, reducing expectations for Federal Reserve rate cuts and increasing concerns about a potential Republican government, which might lead to faster growth and inflation. In the options market, there is a notable preference for puts protecting against higher yields, reflecting a bearish sentiment as seen in recent trades targeting increased 10-year yields.

While investors continue to believe the only direction for the stock market is higher, what happens when we finally enter into a nasty recession???  Of course, no one is prepared for it because they believe the Business Cycle is DEAD, and the only direction is higher...

James Turk, a well-known analyst in the precious metals market, has predicted that silver prices could exceed $50 within days or weeks, rather than months. This forecast comes as gold continues to reach record highs, suggesting that silver is poised for a significant rally. Turk notes that the current lack of excitement around gold's performance typically indicates that the bull market has further room to grow, and he draws historical parallels to previous bull markets to support his outlook for silver's imminent surge.

The International Monetary Fund has reduced its global growth forecast for next year to 3.2%, citing increasing risks from wars and trade protectionism. While crediting central banks for managing inflation without causing recessions, the IMF warns of growing uncertainties in the global economy, including geopolitical risks and potential trade disruptions. The fund emphasizes that current growth levels are insufficient to address poverty reduction and climate change challenges.

Renowned investor Paul Tudor Jones is preparing for potential inflation by diversifying his portfolio. He's invested in Bitcoin, gold, and commodities, which he believes are undervalued. Jones also notes that younger investors often use Nasdaq stocks as inflation hedges. His strategy appears to be influenced by the possibility of a Trump victory in the upcoming election.

In this insightful discussion, we explore the shifting dynamics of the traditional 60/40 portfolio (60% stocks, 40% bonds) and why it may no longer...

Bond traders are once again facing challenges as they reassess their expectations for Federal Reserve interest rate cuts. The bond market is experiencing a selloff due to strong economic data, inflation concerns, and potential political changes. This has led to rising yields across global bond markets and increased volatility. The situation highlights the ongoing struggle between bond traders' expectations and the Federal Reserve's actual policy decisions.

Gold's remarkable ascent has captured global attention, with prices reaching unprecedented heights amid geopolitical tensions and economic uncertainties. The precious metal's value has surged by nearly 40% over the past year, defying traditional correlations with interest rates, inflation, and dollar strength. This persistent upward trend reflects a growing interest in alternatives to the dollar-based financial system, particularly among central banks seeking to diversify their reserves. The steady rise in gold prices, despite volatile global events, suggests a deeper shift in the international monetary landscape that warrants closer scrutiny from Western nations.

In an effort to stimulate economic growth, China has implemented a 25 basis point cut to its benchmark lending rates. The one-year and five-year loan prime rates have been reduced to 3.10% and 3.6% respectively, as part of a series of aggressive stimulus measures that include support for the struggling property sector and efforts to increase consumer spending.

The recent surge in gold prices, reaching record highs despite fluctuations in traditional influencing factors, signals a significant shift in global economic dynamics. This trend reflects growing interest from China and other countries in diversifying away from dollar dominance, exploring alternative payment systems, and responding to perceived inconsistencies in US global leadership. The west should pay closer attention to this phenomenon, as it could lead to a fragmentation of the global financial system and erode US influence.

Gold and silver prices have surged to new record highs amid growing global uncertainties and increasing demand for safe-haven assets. Gold reached an all-time high of $2,736.86 per ounce, driven by factors such as the upcoming U.S. presidential election, ongoing Middle East tensions, and expectations of interest rate cuts by central banks. Silver also hit its highest level since late 2012, trading at $34.02 per ounce. Analysts predict gold prices could reach $2,900 per ounce over the next 12 months, supported by continued central bank demand and potential rate cuts by the Federal Reserve.

There has been much talk on social media and in the precious metals community about a new Monetary Reset during this week's BRICs Summit Meeting.  Are the BRICs finally dumping U.S. Treasuries and buying a lot more Gold...

With the Silver BREAKOUT finally over a decade high $32.50 on its way to $35, is this time finally different?  Many claim that the Banker Shorts are in BIG TROUBLE now as the supposed Silver Shortsqueeze continues to an all-time high of $50...

With political tensions rising and inflation easing is this rally sustainable? Find out what’s next for gold.

As gold prices continue to rise, Bank of America analysts propose that it might become a safer investment option than Treasury bonds. This shift is attributed to increasing U.S. debt levels, potential post-election spending increases, and global economic challenges. While Treasury bonds have long been considered a safe haven, growing concerns about government borrowing could lead investors to view gold as the ultimate safe asset, potentially driving its price to $3,000 per ounce.

While inflation has decreased in many developed countries, approaching central banks' 2% targets, experts warn against premature celebration. Historical examples, like the 1970s U.S. inflation resurgence, demonstrate that inflation can unexpectedly return after periods of apparent stability. Factors such as monetary policy changes, political pressures, and external shocks can quickly reignite inflationary pressures, suggesting caution is warranted in declaring victory over inflation.

Gold futures have reached a new record high, surpassing $2,729 per troy ounce on the New York Mercantile Exchange. The precious metal's price has increased by over 3% in the past week, driven by geopolitical tensions and economic uncertainty. Experts predict further gains, citing factors such as the weakening US dollar and global demand for a stable store of value.

Gold prices surged past $2,700 per ounce for the first time, driven by safe-haven demand amid geopolitical tensions and expectations of monetary policy easing. The precious metal's rally is fueled by uncertainty surrounding the U.S. presidential elections and ongoing conflicts in the Middle East, with analysts noting strong speculative interest from Asian markets.

Mike Maloney has been patiently waiting on the sidelines, carefully analyzing the markets. Now, he's finally made his move.

In this urgent “30 Seconds To Midnight” update, Mike Maloney breaks down why we’re on the brink of the biggest financial collapse in history