1. Two key gauges showed persistent U.S. inflation pressures in recent months, buttressing the case for another Federal Reserve interest-rate hike next week. The personal consumption expenditures price index excluding food and energy, the Fed’s preferred measure of underlying inflation, rose 0.3% in March from the prior month and 4.6% from a year earlier, a…
The Precious Metals Week in Review – April 21st, 2023
It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice.
The Precious Metals Week in Review – April 14th, 2023
As investors continue to watch economic, geopolitical, and environmental events play out, they remain dedicated to seeking out ways to ensure that their investment portfolios are diversified.
The Precious Metals Week in Review – April 7th, 2023
1. It was a shortened trading week due to the timing of the Easter holiday this year as most markets were closed for Good Friday. Next week will also be a relatively short trading week, as some markets will be closed on the Monday following Easter. 2. In the U.S. this week, former President Donald…
The Precious Metals Week in Review – March 31st, 2023
It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice.
The Precious Metals Week in Review – March 24th, 2023
It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice.
The Precious Metals Week in Review – March 17th, 2023
1. Silicon Valley Bank’s collapse reverberates in global markets. Trading has been halted in First Republic Bank Monday morning after shares dropped by a record 67 percent before the market opened. This is after Joe Biden claimed, “US banking is safe”. The San-Francisco-based bank, whose clientele includes Mark Zuckerberg saw its share price plunge from…
The Precious Metals Week in Review – March 10th, 2023
1. A “perfect storm” is brewing, and markets this year are going to get hit with a recession, a debt crisis, and out-of-control inflation, the economist Nouriel Roubini said. Roubini, one of the first economists to call the 2008 recession, has been warning for months of a stagflationary debt crisis, which would combine the worst…
The Precious Metals Week in Review – March 3rd, 2023
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…
The Precious Metals Week in Review – January 27th, 2023
Volatility should be expected to remain high as investors will be closely watching for hints on upcoming monetary policy direction.