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[CNBC] S&P 500 rises to new record, overcoming tariff and geopolitical fears [Yahoo/Bloomberg] Asian Markets in Full Swing as Investors Shake Off Trade Jitters [Yahoo/Reuters] Oil Steadies at End of Turbulent Week as Focus Shifts to Tariffs [Yahoo/Reuters] US consumer spending falls unexpectedly in May [AP] Key inflation gauge rose last month while Americans cut […]
This week saw modest declines in gold and silver. Platinum, however, bucked the trend, rising to its highest level in 11 years. Palladium also managed a 1% gain. Despite these moves, overall volatility was limited. The technical picture shows a sideways-to-slightly-down trend in the short term, but the long-term bull market remains intact. Let’s take […]
[CNBC] Stocks rise as S&P 500 nears record high: Live updates [CNBC] Dollar hits fresh lows as Trump attacks threaten Federal Reserve credibility [Yahoo/Bloomberg] Platinum Jumps to Highest Since 2014 on Mounting Supply Concerns [Yahoo/Reuters] US goods trade deficit widens in May as exports fall [Yahoo/Reuters] US durable goods orders soar in May on aircraft […]
[CNBC] S&P 500 futures are little changed as index nears all-time high: Live updates [Yahoo/Reuters] Fed’s Powell heads to Senate panel for second day of testimony [Yahoo/Bloomberg] Trump Disputes Pentagon View, Says Iran Atomic Sites ‘Destroyed’ [Yahoo/Bloomberg] Trump Eyes Little-Tested Tactic for Next Step in Spending Clash [Yahoo/Reuters] Oil Ticks Up After Two-Day Plunge as […]
Central Banks Now Have More In Gold Than In Euros 95% of Central Bankers See Their Gold Reserves Rising Over Next 12 Months Breakout In Silver & Mining Shares “When I talk about the investor coming into competition for ounces with a price-insensitive buyer, what’s underappreciated about gold, truly underappreciated, is the supply inelasticity there. […]
In his latest appearance on Schwab TV, David McAlvany, CEO of McAlvany Financial Companies, shares timely insights on the commodities markets, including gold, oil, and bitcoin. Gold: Despite short-term volatility, gold remains up over 26% year-to-date, with strong long-term performance supported by central bank buying and impressive 10- and 20-year compound growth rates. David explains […]
[CNBC] Stocks jump 200 points as oil tumbles for a second day on Middle East ceasefire hope: Live updates [Yahoo Finance] Oil prices sink as Trump seeks to maintain fragile ceasefire between Israel, Iran [AP] Powell says Fed can wait to reduce interest rates as Trump demands cuts [CNBC] Powell emphasizes Fed’s obligation to prevent […]
[CNBC] Stocks gain as oil trades into the red despite U.S. bombing of Iran: Live updates [Yahoo/Bloomberg] Oil Spike Fades as Traders Await Iran’s Response to US Attack [Axios] Oil market’s ho-hum response to Iran strike seen as “remarkable” [Reuters] Exclusive: Iranian retaliation against U.S. forces could come soon, U.S. officials say [BBC] US asks […]
