Gold shatters record roof, heads for third straight weekly gain on buying momentum
Two Argor-Heraeus SA 250 gram gold bars at Solar Capital Gold Zrt. arranged in Budapest, Hungary, on Tuesday, March 22, 2022. Akos Stiller | Bloomberg...
Jobs: Household Report Jumps but QCEW Shows Job Market is Not as Strong
April 5, 2024 by SchiffGold 0 3 The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes...
Vital Challengers to Fiat Currencies
Gold is not just breaking records… it passed the $2,300/oz mark on Thursday this week, rewarding the patience of investors who’ve stood by its enduring...
March jobs data points to ongoing ‘resistance from wages’
March’s jobs data reported an astounding 303,000 jobs added to the US economy, topping estimates of 214,000, while the unemployment rate ticked down to 3.8%....
Today’s top gold news and opinion
4/5/2024 Zimbabwe to launch ‘gold-backed’ currency to replace collapsing dollar (FT)Many in the southern African country prefer to keep their money at home.. With palladium...
Too Hot to Handle: Gold Due for a Correction?
April 5, 2024 by SchiffGold 0 2 With gold hitting yet another awe-inspiring all-time high in the wake of Powell’s remarks reassuring markets (more or less) to expect...
Stocks Tumble Following Latest Jobs Report
In Thursday’s late-afternoon trading, the entire S&P 500 index faced declines, notably led by a 1.5% drop in the information technology sector. Other key sectors,...
David Einhorn thinks inflation is reaccelerating and has made gold a very large position
Bringing inflation down will be harder than investors think, hedge fund manager David Einhorn said Wednesday. Einhorn, founder and president of Greenlight Capital, told CNBC’s Scott...
Will Gold Continue To Rise In 2024 Or Is The Gold Price Rally Over?
Gold is crushing it. Our 2024 gold price target was hit this week. Investors are asking whether this implies that the gold rally is over...
Rosenberg Forecasts Gold to Hit Unprecedented $3,000
David Rosenberg, the founder and president of Rosenberg Research, forecasts a significant rise in gold prices, potentially reaching $3,000 or more. Despite gold facing a...