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 27th, 2019.

The Precious Metals Week in Review – September 27th, 2019

The trade dispute between the U.S. and China took a new turn this week as the Democrat-controlled House of Representatives announced this week that it was opening a formal impeachment inquiry against President Donald Trump over alleged abuse of power surrounding a phone call he made to the President of Ukraine back in July.

The Precious Metals Week in Review - September 20th, 2019.

The Precious Metals Week in Review – September 20th, 2019

The ongoing trade dispute between the U.S. and China, uncertainty over the direction of U.S. monetary policy and continued uncertainty over the United Kingdom’s exit from the European Union all remain the primary drivers for market moves in the near term. A clearly sophisticated strike on Saudi Arabian oil facilities over the weekend also acted to send uncertainty and fear into markets.

The Precious Metals Week in Review - September 13th, 2019.

The Precious Metals Week in Review – September 13th, 2019

1. Primary market drivers remain the ongoing trade war between China and the United States and the continued chaos surrounding the United Kingdom’s alleged and upcoming exit from the European Union. All eyes will be on the Federal Reserve next week as they hold their Federal Open Market Committee (FOMC) meeting to determine the course…

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 23rd, 2019.

The Precious Metals Week in Review – August 23rd, 2019

1. Escalations in the ongoing U.S.-China trade war continued to trigger wild swings in equity markets this week. Volatility should be expected to remain elevated for the coming weeks as the trade dispute escalates further. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by 12,000 claims from the previous…

The Precious Metals Week in Review - July 12th, 2019.

The Precious Metals Week in Review – July 12th, 2019

Trade and speculation about the moves of the Federal Reserve moved back to the forefront of factors affecting market volatility this week. Continued escalation of tensions in the Middle East region also remains a factor.

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.