Only 13 Percent of Americans Believe Democrats’ $369 Billion in Climate Spending Will Reduce Inflation: Poll
Just a small number of Americans believe that the Democrats’ Inflation Reduction Act (IRA) will help lower inflation across the country, according to a new poll from The...
Stocks Extend Losses, Yields Spike After “Recession” Comments From Fed’s Barkin
Federal Reserve Bank of Richmond President Thomas Barkin says “getting inflation under control is going to be necessary to set up what we have the potential to...
‘Shock the market’: Wall Street’s original ‘Dr Doom’ tells Fed to toughen up
Financial Times/Gary Silverman/8-16-2022 “Forty years ago today, former Salomon Brothers economist Henry Kaufman helped start one of history’s great bull markets. Known then as “Dr...
Brain Dump: SchiffGold Friday Gold Wrap Aug. 19, 2022
August 19, 2022 by SchiffGold 0 0 It was a relatively slow news week in the financial realm. For once, the Fed didn’t do anything particularly noteworthy. So,...
Gold Heads for Weekly Drop Amid Mixed Signals From Fed Officials
(Bloomberg) — Gold headed for the first weekly decline in five as traders weighed mixed signals from Federal Reserve officials on the size of the...
Notable Quotable | Today’s top gold news and opinion
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “If we are lucky, the next Fed-caused downturn will cause only a resurgence of 1970s-style stagflation. The more likely scenario is the type of...
97% of execs say we’re in a recession or headed towards one, survey finds
The overwhelming majority of corporate executives are bracing for a recession, according to a new survey. Nearly all 70 business leaders surveyed by Stifel Financial...
The emotional scars of inflation will shake the foundations of Western societies
MarketWatch-Project Syndicate/Diane Coyle/8-16-2022 “Until this year, inflation in advanced economies like the United States and the United Kingdom had been so low for so long...
Why Russians are hoarding gold
Russians bought 12 tonnes of gold bars and coins in just five months, and the government expects potential demand may reach 50 tonnes per year....
We Are Witnessing a Global De-Dollarisation Spree
By Cary Springfield, International Banker It has been around six months since the start of the war between Russia and Ukraine. During this time,...