Asia gold: Dealers grapple as sky-high rates erode demand in key hubs – Markets
Physical gold demand in Asia dwindled on the back of sky-high prices as consumers abstained from making fresh purchases, forcing dealers to offer deep discounts...
Fed Crushes Household Net Interest Income in Break From Past
(Bloomberg) — When the Federal Reserve raises interest rates, US households — in aggregate — usually get a boost to interest income that outweighs the...
Gold Expert Talks 2024 Outlook, Plus Forecast for Silver, Platinum and Palladium
The start of 2024 has been strong for gold, which has breached US$2,100 per ounce and approached US$2,200. Could the yellow metal move higher, and...
China’s young investors are stockpiling gold beans
Gold, the leading commodity, has drawn investors’ attention by reaching a new all-time high of $2,195 per ounce. Now, young Chinese investors are deploying capital...
Inflation seems stubborn, but people keep spending. What’s going on?
What’s consumers’ relationship with the economy these days? It’s complicated. As last year drew to a close, inflation appeared to be heading decisively downward, consumer...
Today’s top gold news and opinion
3/18/2024 “Silver the New Oil the Next Uranium” (Metal Investment Fourm)Peter Krauth presents at Metals Investor Forum MYTH OF GOLD: The Magic Metal Born from...
Goldman Now Sees BOJ Scrapping Negative Interest Rate Tuesday
(Bloomberg) — Goldman Sachs Group Inc. now expects the Bank of Japan will raise interest rates for the first time since 2007 at Tuesday’s meeting,...
The Myth of Fed Neutrality
The Federal Reserve is often viewed as a neutral guardian of the economy, tasked with safeguarding employment and ensuring stable prices. However, the Fed is...
Spring Inflation Blooms: SchiffGold Friday Gold Wrap March, 15, 2024
March 15, 2024 by Joel Bauman 0 2 JD and Joel discuss hotter-than-expected inflation data, Peter’s recent podcast, TikTok, Twitter, and gold and silver price action. OTHER TOPICS...
Yellen says she regrets saying inflation was ‘transitory’
Treasury Secretary Janet Yellen said she regrets describing inflation in 2021 as “transitory,” the term several Federal Reserve and Biden administration officials used to describe...