Investors need to be patient when it comes to gold. According to one U.S. bank, the precious metal could continue to consolidate through the summer as markets come to terms with the Federal Reserve’s holding pattern.
The Precious Metals Week in Review – June 14th, 2024
1. U.S. stocks edged lower on Monday as investors braced for a Federal Reserve policy decision and key inflation data in the week ahead, with Nvidia and Apple events in immediate focus. Stocks are treading water after signs of strength in mixed May Non-Farm Payrolls report reinforced bets that the Fed will keep interest rates…
Obeisance to the “Greater Good”
Most people in the West are familiar with the Biblical story of Moses. In this tale, a spiritual leader, chosen by God, leads his people out of Egypt to the promised land.
The Precious Metals Week in Review – June 7th, 2024
Amid a lack of fresh, markets-moving news to start the trading week, the precious metals market traders are looking at the key “outside markets” that are leaning friendly for metals prices.
Quantitative Brainwashing
For millennia, political leaders have been in the practice of altering, confusing and even obliterating the truth, when possible.
The Precious Metals Week in Review – May 31st, 2024
Gold and silver prices are higher, with silver sharply up, in early U.S. trading Tuesday. Bullish daily outside-market forces are working in favor of the bulls to start the trading week.
The Precious Metals Week in Review – May 24th, 2024
1. After a relatively slow start in the first quarter, silver is making its move, significantly outpacing gold as it trades at an 11-year high. Just ahead of last weekend, silver prices have broken above $30 an ounce. Soaring silver prices have pushed the gold-silver ratio below 80 points, and it has been trading at…
An Empire Self-Destructs
An Empire Self-Destructs.
Article by: Jeff Thomas.
The Precious Metals Week in Review – May 17th, 2024
Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the precious metal benefits from robust financial and industrial demand.
The Precious Metals Week in Review – May 10th, 2024
High inflation and a disappointing report on economic growth, followed by a sudden drop in stocks late last month made for a familiar economic combination.