1. Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that bolsters the case for a pause in their tightening campaign this week. Until recently, many top policymakers at the U.S. central bank maintained that the road to lower inflation ran through the job market. The idea…
Geopolitical, economic, and environmental uncertainty can be expected to continue in the near term.
Some investors are seeking out buying opportunities from temporary price dips to add more physical precious metals into their portfolios.
1. There’s something of a ritual performed each time Federal Reserve Chair Jerome Powell speaks to the press: A reporter asks Powell about financial conditions; he says they’ve tightened a lot; the Wall Street crowd snickers. To them, the notion seems ludicrous. Notwithstanding the selloff over the past few weeks, markets have rallied in start-and-stop…
Investors are seeking out buying opportunities from temporary price dips to add more physical precious metals into their portfolios.
1. On Monday in Indonesia, Presidents Joe Biden and Xi Jinping shook hands to kick off the first in-person meeting between leaders from the U.S. and China since the coronavirus pandemic rocked the world. Biden said both countries have a responsibility to “prevent competition from becoming anything ever near a conflict,” and Xi said the…
The need for a safe haven asset is clear. The toxic mix of economic, market, and financial risks leaves investors with few places to turn.
With unresolved issues encompassing much of the globe, it would not be surprising to see the gold price achieve new record highs this year.
Many investors still view physical precious metals as a hedge against inflation, geopolitical, and economic uncertainty.
As volatility in other areas continues to escalate and prices continue to climb in other products and commodities, many investors are looking at physical precious metals with renewed interest and have continued to acquire the product.