This week, we’re shining a spotlight on silver. Did you know that in over 14 languages, the word “silver” is synonymous with “money?”
The Precious Metals Week in Review – September 15th, 2023
It’s mentioned often how central banks are one of the pillars of support when it comes to gold prices. JP Morgan’s analysis recently said that global gold investment has reached the highest level since 2012, and it wasn’t that long ago that it would have been strange to find an active central banker talking about gold.
The Precious Metals Week in Review – September 8th, 2023
An important change has unfolded in the global gold market. The East has been driving up the gold price, predominantly in late 2022 and the first months of 2023, breaking the West’s long-standing pricing power.
The Precious Metals Week in Review – September 1st, 2023
The U.S. economy added 187,000 jobs in August, while unemployment unexpectedly increased as the labor market continued to show signs of cooling, data from the Bureau of Labor Statistics showed Friday.
The Precious Metals Week in Review – August 25th, 2023
Stronger-than-expected economic data has forced some on Wall Street to push back, or even remove calls for a recession once widely considered a sure thing.
The Precious Metals Week in Review – August 18th, 2023
A storm of public and private debt is brewing in the U.S., and the troubles are already beginning to show on the surface as loans pile up and borrower confidence falters.
The Precious Metals Week in Review – August 4th, 2023
U.S. equity futures struggled for direction as risk appetite cooled from last week’s rally. The yen weakened after the Bank of Japan made its first unscheduled bond purchases in months.
The Precious Metals Week in Review – July 28th, 2023
JPMorgan Chase sees an opportunity in gold ahead of a likely U.S. recession, predicting prices will push past $2,000 an ounce by year-end and hit fresh records in 2024 as interest rates start to fall.
The Precious Metals Week in Review – July 21st, 2023
Some of the forecasters who were first out of the box to predict a U.S. recession are starting to hedge their bets as inflation ebbs and the economy remains resilient.
The Precious Metals Week in Review – July 14th, 2023
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash over the amount of capital that they must set aside to weather the tumult.