As Washington prepares to pump another $1.9 trillion in stimulus into the economy, asset prices are lifting. From food to housing to equities to precious metals, inflationary pressures are being felt in all markets this week.
As financial markets gyrated this week, Federal Reserve chairman Jerome Powell touted the U.S. dollar as a form of “sound money.” More on that incredible take in a moment.
As investors await the incoming Biden administration and the uncertainties that a transition of power may bring, precious metals markets regained some ground through Thursday’s close but have pulled back again on Friday, especially silver...
In this first trading week of 2021, a new investment theme appears to be emerging. That theme can be summed up in a single word – reflation.
Precious metals markets got off to a rocky start this week as Wall Street celebrated promising developments on the vaccine front. On Monday, stocks surged while gold and silver sold off hard. That selling didn’t bring downside follow...
As President Donald Trump continues to insist that he will be the winner of the election after all the legitimate votes are counted and the illegitimate ones thrown out, at least one publication has declared a different winner. Not Joe...
Volatility is ramping up ahead of next Tuesday’s all-important election. Equity and precious metals markets got hit earlier this week on lockdown jitters. New virus restrictions in Europe and fears of a devastating second wave in the...
Precious metals investors faced choppy market seas this week. Gold bobbed to a slight decline while silver essentially treaded water through Thursday’s close. Both are advancing strongly today.
Precious metals markets are advancing this week as a massive new stimulus bill makes its way through Congress. On Thursday evening the House of Representatives passed a $2.2 trillion coronavirus relief bill on a party line vote.
Precious metals markets got clobbered early this week as gold and silver broke down from their high-level consolidations. Strength in the U.S. Dollar Index seemed to be the catalyst that got the selling going. Once key technical levels...