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,...
Floating Exchange Rates Add to Economic Uncertainty: News: The Independent Institute
Nobel economics laureate Robert Mundell wrote in 1998 that the dollar-euro exchange rate would go on to become the most important price in the world....
“We’re Witnessing A Housing Recession”: Existing Home Sales Crater 20% In July As Affordability Collapses
Another month, another plunge in housing. Hot on the heels of the latest catastrophic homebuilder sentiment print and plunging single-family starts and permits, analysts expected...
How Fed Tightening Of Rates, Not Balance Sheet, Impacts Mortgage Rates (NAHB Traffic Tanks In August) – Confounded Interest – Anthony B. Sanders
The US housing market is sensitive to Fed “catch-up” monetary tightening. For example, the NAHB’s traffic of prospective homebuyers declined rather dramatically in August as...