Why the Fed Rate Hike Has Investors Turning to Gold and Silver for Security and Profit
Few analysts and investors were surprised when the Federal Reserve raised interest rates by another 25 basis points. While the decision to hike rates comes...
Banking Worries Fuel Gold Price Rally: WSJ
The most-actively traded gold futures contract has jumped 7.4% to $1,973.50 this month, reaching an intraday high of $2,014.90 last week and on pace for...
The Fed has veered from its legislative purpose
The New York Sun/Editorial/3-21-2023 “With the world beguiled by the predicament of the Federal Reserve — whether to raise interest rates to fight inflation or...
XAU/USD to retest record highs of 2020 and 2022 on a break past $2,000/10 – Credit Suisse
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Gold remains below its $2,070/2075 record highs and has started a short-term consolidation. A sustained move above $2,000/10 is needed to reinvigorat...
More U.S. banks potentially insolvent: Columbia University study
Yahoo!Finance/Staff/3-21-2023 “The Federal Deposit Insurance Corporation said shortly before Silicon Valley Bank’s collapse that the market value of U.S. banks’ long-term assets had dropped $620...
Fed Gauge Of Financial Stress Is Approaching Levels Of Concern
Authored by Ven Ram, Bloomberg cross-asset strategist, It’s not just the credit markets that are sending out a signal of distress. A key barometer that the...
Volcker slayed inflation. Bernanke saved the banks. Can Powell do both?
Bloomberg/Rich Miller/3-23-2023 “History remembers Paul Volcker as the slayer of inflation, and Ben Bernanke as the crisis firefighter. Jerome Powell is in danger of having to...
Will Central Bank Gold Buying Continue?
March 29, 2023 by SchiffGold 0 0 Central banks have been gobbling up gold. On net, central banks bought 1,136 tons of gold in 2022. It was the...
China’s Gold Gambit: Outfoxing America on the World Stage?
Unless you live under a rock (and some days I wish I did), all eyes are on which bank will fail next. We knew this...
Notable Quotable | Today’s top gold news and opinion
__________________________________________________________ “I have found throughout my long investment career that an investor needs to make very few investment decisions in their lifetime. The key is...