Big Inflation Will Spur Gold
Big Inflation Will Spur Gold Adam Hamilton June 10, 2022 2821 Words Gold investment demand should be soaring with serious inflation raging, catapulting gold...
A Shocked Wall Street Reacts To Today’s “Scary” CPI Print
It was a CPI report for the ages: with most already expecting a hotter than expected print (thanks to JPM), that’s precisely what they got...
Newmont sells 3,500 ounces of gold to Ghana under local purchasing plan
YahooFrinance-Reuter/Cooper Inveen/6-7-2022 “Newmont’s Africa unit has sold 3,500 ounces of gold to the Bank of Ghana under a central bank domestic gold purchasing programme launched...
Greenlight’s Einhorn sees gold going ‘higher, perhaps much higher’
By Carolina Mandl NEW YORK (Reuters) – Greenlight Capital hedge fund manager David Einhorn said on Thursday that the Federal Reserve is pretending it can...
Trafigura warns oil prices could reach ‘parabolic state’ in threat to economy
Financial Times/David Sheppard and Tom Wilson/6-7-2022 “Jeremy Weir, chief executive of the commodity trader, said that energy markets were in a ‘critical’ state as sanctions...
Eyes Wide Shut | SilverSeek
Paul Krugman, the economist whose work you either love or hate, had a compelling editorial this week in the NY Times, titled, “From the Big...
Retail investors are at their most bullish ever on gold despite the strength of the dollar as inflation builds
MarketsInsider/Zahra Tayeb/6-6-2022 “Spectrum said its European Retail Investor Index (SERIX)hit a high of 116 in the past month, indicating the optimism among investors towards bullion,...
Peak Inflation Still Ahead as 97.5% of the CPI is Above the 12-Month Average
June 10, 2022 by SchiffGold 0 0 The latest seasonally adjusted inflation rate for May came in scorching hot at 0.98% MoM and 8.62% YoY, beating expectations of...
A chief investment officer at Ray Dalio’s Bridgewater says stocks will crash another 25% if Fed stays on its current course
If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at...
Notable Quotable | Today’s top gold news and opinion
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “For thousands of years, people have used gold to trade goods and services, store wealth, and protect against the pernicious effects of inflation. While...