The Precious Metals Week in Review - February 7th, 2020.

The Precious Metals Week in Review – February 7th, 2020

The continued spread of the novel coronavirus outside of China was the top concern for most news outlets this week. The friction between President Trump and the House of Representatives continued to escalate this week, even as his impeachment Trial in the Senate came to its conclusion.

The Precious Metals Week in Review - January 10th, 2020.

The Precious Metals Week in Review – January 10th, 2020

1. The New Year got underway with a torrent of news. Market volatility skyrocketed this week as Iran followed through on its threat to retaliate for America’s airstrike that killed one of its top commanders last week. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by 9,000 claims from…

The Precious Metals Week in Review – December 6th, 2019

The U.S.-China trade negotiation continues to be the top factor for market volatility. The impeachment inquiry into President Trump’s dealings with Ukraine also resumed this week, and it appears that the House will proceed with drafting formal articles of impeachment.

The Precious Metals Week in Review - November 1st, 2019.

The Precious Metals Week in Review – November 1st, 2019

It was a heavy news week as the Federal Reserve took further action on interest rates, the October Non-Farm Payrolls report was released, and the impeachment inquiry into U.S. President Donald Trump gained traction in the House of Representatives.

The Precious Metals Week in Review - October 4th, 2019.

The Precious Metals Week in Review – October 4th, 2019

1. The political pressure against President Trump continued to escalate as the impeachment inquiry got underway this week. The entire inquiry appears to be based around whether Trump pressured Ukraine’s president to conduct an investigation into the Biden family and Trump doubled down this week when he said, during a televised interview with reporters as…

The Precious Metals Week in Review - September 6th, 2019.

The Precious Metals Week in Review – September 6th, 2019

1. It was a shortened week with the celebration of the Labor Day holiday in the U.S. The primary market drivers remained the U.S.-China trade war and the escalating political crisis in the United Kingdom as they continue to struggle with meeting the upcoming Brexit deadline in October. 2. Hurricane Dorian turned into a complete…

The Precious Metals Week in Review - August 2nd, 2019.

The Precious Metals Week in Review – August 2nd, 2019

The Federal Reserve’s interest rate decision was set up to be the primary driver for market moves this week until President Trump announced further tariffs on China on Thursday. Friday’s Non-Farm Payrolls report also added to market jitters as it seemed to reinforce the idea that the Fed could place further rate cuts in a holding pattern.

The Precious Metals Week in Review - July 5th, 2019.

The Precious Metals Week in Review – July 5th, 2019

The G-20 meeting appeared to result in a truce between China and the U.S. on the trade front, as was generally expected. Stock analysts eagerly awaited the release of the June Non-Farm Payrolls report on Friday for indications of what the Federal Reserve’s next monetary policy move might be. It was a shortened trading week due to the Independence Day holiday in the U.S.