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The Precious Metals Week in Review – July 23rd, 2021.

The Precious Metals Week in Review – July 23rd, 2021

1. The week kicked off with reports of NSO Group’s Pegasus spyware invading the privacy of world leaders’, journalists’, and activists’ smartphones. The next day, the Canadian government announced that vaccinated Americans can cross the border for discretionary travel starting August 9. However, the Department of Homeland Security decided to postpone the opening of its…

The Precious Metals Week in Review – June 11th, 2021

The Precious Metals Week in Review – June 11th, 2021

1. Despite May’s inflation report exceeding economists’ expectations, the week ended on a high note with a second weekly unemployment insurance report with less than 400,000 claims and a new low. The stream of good news started on Monday when the U.S. the Federal Bureau of Investigation reported it had seized more than half of…

The Precious Metals Week in Review – June 4th, 2021

The Precious Metals Week in Review – June 4th, 2021

1. The week ended on a somewhat positive note with record lows for the weekly unemployment claims report and U.S. daily averages of COVID-19 cases, deaths, and hospitalizations. Nevertheless, May’s job reports in the U.S. and Canada were rather disappointing. Although the U.S. Labor Department’s latest nonfarm payroll report recorded gains of 559,000 posts—lower than…