1. Two key gauges showed persistent U.S. inflation pressures in recent months, buttressing the case for another Federal Reserve interest-rate hike next week. The personal consumption expenditures price index excluding food and energy, the Fed’s preferred measure of underlying inflation, rose 0.3% in March from the prior month and 4.6% from a year earlier, a…
Gold in Q1: Hello, Banking Crisis
The shocking closure of two US banks, the Fed slowing interest rate hikes, and a weakening US dollar all roiled markets and led to a spike in gold demand.
The Precious Metals Week in Review – April 21st, 2023
It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice.
When Empires Die
When a decisive blow is dealt to the empire, those who had once been loyal allies are now as ready to abandon the empire as rats would abandon a sinking ship.
The Precious Metals Week in Review – April 14th, 2023
As investors continue to watch economic, geopolitical, and environmental events play out, they remain dedicated to seeking out ways to ensure that their investment portfolios are diversified.
The Precious Metals Week in Review – April 7th, 2023
1. It was a shortened trading week due to the timing of the Easter holiday this year as most markets were closed for Good Friday. Next week will also be a relatively short trading week, as some markets will be closed on the Monday following Easter. 2. In the U.S. this week, former President Donald…
Bad News Comes in Small Packages
So, the downsizing of a Gatorade bottle doesn’t mean that tomorrow we’ll be without food. This is a mere symptom of a greater problem.