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.
Article by: Jeff Thomas.
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.
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.
The US has reached the classic stage when it has become a reckless bully and its support structure of allies has begun to de-couple as a result.
Gold is at an inflection point post-Fed with prices pulling back on improved market sentiment and lower safe-haven demand.
Gold fell as geopolitical tensions eased in the Middle East, paring safe-haven demand, and traders looked ahead to U.S. data that will shed light on the outlook for monetary policy.
Gold is considered a unique asset due to its enduring value, historical significance, and application in various technologies like computers, spacecraft, and communications equipment.
Gold and silver prices are sharply higher, with gold hitting a record high and silver a three-year high. The general marketplace is very uneasy heading into the weekend, as geopolitical tensions have heated up just recently.
Capitalism Has Failed.
Article by Jeff Thomas.
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