Yesterday, the Fed released minutes from its last meeting. They show an important shift among the meeting participants. In September, the FOMC turned more worried about the state of the U.S. economy, while just six weeks later in October,...
The U.S. manufacturing sector has been growing weaker recently, entering recession. How serious is this contraction, and does it have the power to spill over to the broader economy? Let’s turn to gold – how far can these developments take...
Some analysts has argued that the manufacturing sector reached a through. But this not the case. The latest Fed’s report on the industrial production and capacity utilization clearly shows that the pundits were wrong again. As they so...
In a key policy shift, the ECB has recently introduced tiered system of interest rates. This news isn’t of interest only to the banks keeping their reserves at the ECB. In today’s article, you’ll learn about the new instrument of monetary...
Recently, the WCG published a fresh Investment Update entitled It may be time to replace bonds with gold. Is it? According to the report, investors are now facing the environment with flat to inverted yield curves, stock valuations at...
One of the most important recent developments in the world of finance was the September liquidity crisis in the U.S. repo market. As a reminder, the repo market is where borrowers borrow cash from lenders against collateral in the form of...
The recent employment report points to the continuing strength of the U.S. labor market. The earlier months’ upward revisions paint the same picture. Yet the unemployment rate ticked higher – is a recession looming, or not? And what does...
Yesterday, that was already the third time this year when the Fed cut interest rates. In response, the price of gold erased earlier losses. That sounds a bit fishy. What is going on?
The Brexit saga continues. Both the U.S. and China’s industrial sectors suffer from the trade war. How will the Fed react to these downside risks tomorrow? The expectation is that it’ll cut rates, but will that really happen? And how will...
Gold is the most effective commodity investment, yet it is under-invested, the WGC reports. What makes it special and deserving of our focus? And how to translate that focus into an appropriate allocation within one’s portfolio?