The Precious Metals Week in Review - September 13th, 2019.

The Precious Metals Week in Review – September 13th, 2019

1. Primary market drivers remain the ongoing trade war between China and the United States and the continued chaos surrounding the United Kingdom’s alleged and upcoming exit from the European Union. All eyes will be on the Federal Reserve next week as they hold their Federal Open Market Committee (FOMC) meeting to determine the course…

The Precious Metals Week in Review - August 30th, 2019.

The Precious Metals Week in Review – August 30th, 2019

1. The U.S.-China trade war continued to be the primary driver for market volatility this week. The Hong Kong protests remain a thorn in the side of Beijing as the pro-democracy demonstrations expand. Chinese troops have moved closer to the region, ostensibly in a previously planned maneuver that has nothing to do with the protests,…

The Precious Metals Week in Review - August 16th, 2019.

The Precious Metals Week in Review – August 16th, 2019

1. Volatility remained extreme this week as the trade battle between the U.S. and China continued unabated. Global bond yields extended their plunge this week as well, increasing the downward pressure on equity markets. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment surged by 9,000 claims from the previous week’s…

The Precious Metals Week in Review - August 9th, 2019.

The Precious Metals Week in Review – August 9th, 2019

1. Volatility was extreme this week as U.S.-China trade tensions boiled over and global central banks began a “race to the bottom”, cutting their own interest rates right on the heels of last week’s rate cut by the U.S. Federal Reserve. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped…

The Precious Metals Week in Review - August 2nd, 2019.

The Precious Metals Week in Review – August 2nd, 2019

The Federal Reserve’s interest rate decision was set up to be the primary driver for market moves this week until President Trump announced further tariffs on China on Thursday. Friday’s Non-Farm Payrolls report also added to market jitters as it seemed to reinforce the idea that the Fed could place further rate cuts in a holding pattern.

The Precious Metals Week in Review - July 19th, 2019.

The Precious Metals Week in Review – July 19th, 2019

1. The battle over the U.S. debt ceiling has once again become a Congressional showdown, as was widely expected. The U.S.-China trade war also continues to remain largely unresolved and these two items alone are likely to trigger a significant increase in market volatility in the coming weeks. 2. The seasonally adjusted number of Americans…

The Precious Metals Week in Review - July 12th, 2019.

The Precious Metals Week in Review – July 12th, 2019

Trade and speculation about the moves of the Federal Reserve moved back to the forefront of factors affecting market volatility this week. Continued escalation of tensions in the Middle East region also remains a factor.

The Precious Metals Week in Review - July 5th, 2019.

The Precious Metals Week in Review – July 5th, 2019

The G-20 meeting appeared to result in a truce between China and the U.S. on the trade front, as was generally expected. Stock analysts eagerly awaited the release of the June Non-Farm Payrolls report on Friday for indications of what the Federal Reserve’s next monetary policy move might be. It was a shortened trading week due to the Independence Day holiday in the U.S.

The Precious Metals Week in Review - June 28th, 2019.

The Precious Metals Week in Review – June 28th, 2019

1. All eyes are on the G-20 meeting in Osaka Japan this week, with heavy market expectations for some sort of progress to be made between the U.S. and China on restarting their trade talks to try to resolve the dispute between the two. 2. The seasonally adjusted number of Americans filing initial claims for…