Dollar unable to recover more at the moment due to uncertainty surrounding the debt issue – Commerzbank
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On the inflation front, progress is slow. Antje Praefcke, FX Analyst at Commerzbank, believes that the debt ceiling issue is dampening the...
Silver Institute's Michael Dirienzo Shares His Outlook On Silver Demand, Prices & More: Video
Silver prices are on a high as inventories come under pressure the world over. Silver Institute’s Michael Dirienzo explains how much more silver can gain...
Unraveling the regional banking crisis amid skyrocketing interest rates
US Global Investors/Frank Holmes/5-5-2023 “The consequence is that the regional banking crisis is already worse than the global financial crisis—by one metric, anyway. More than...
Federal Budget: TTM Deficit Surges to $1.9T as Tax Revenues Collapse
May 11, 2023 by SchiffGold 0 0 The Federal Government ran a surplus last month as it typically does in April due to the tax deadline. The surplus...
Investors Go For Gold As Prices Surge—But This Asset Is Still The Best Investment, Poll Finds
Topline Americans favor gold as the strongest long-term investment at the largest proportion in over a decade, a new survey found, as equities lose favor...
World Gold Council Demand Trends – Q1, 2023
World Gold Council/Staff/5-5-2023 “Q1 saw diverging trends in gold investment demand: a small decline in gold ETF holdings versus hearty bar and coin buying.” USAGOLD...
Impressive Demand In 30Y Auction As Foreign Buyer Demand Rises
After a stellar 3Y auction, a solid 10Y moments ago we got the last refunding auction of the quarter when the treasury sold $21 billion...
Gimme EXPENSIVE Shelter (Under Biden)! Owners Equivalent Rent Rose 8.1% YoY, Highest In History (25 Straight Months Of NEGATIVE Real Weekly Earnings Growth YoY) – Confounded Interest – Anthony B. Sanders
Gimme Shelter! At least EXPENSIVE shelter under Joe Biden. A few days ago I wrote about the suffering of America’s middle class under Biden’s Reign...
This debt-ceiling fight is different — and it means we could actually default this time
BusinessInsider/Juliana Kaplan, Ayelet Sheffrey and Eliza Reiman/5-9-2023 “When it comes to raising the debt ceiling and averting an entirely preventable economic catastrophe, the US is...
The Fed’s Interest Rates Are still Fueling Inflation rather than Dousing it, and People Getting Used to this Inflation
Turned upside-down since late 2008 with QE and interest rate repression, it still hasn’t been turned right-side up. By Wolf Richter for WOLF STREET. The Fed has now...