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Gold & Silver 2019 Price update as we look at the price movements of gold, silver, platinum, and palladium over the last week. The yield curve has inverted once more as talk of recession fears continues to circulate on mainstream media. Is a push towards $1600 for gold an option in the coming weeks? We […]
[Reuters] Stocks sharply lower after China threatens tariffs on U.S. goods [Reuters] Treasuries – Yields fall as China introduces tariffs on US goods [Reuters] Oil prices slide as U.S.-China trade war escalates [Reuters] European stocks sink after China retaliates with higher tariffs on some U.S. goods [Reuters] China sets yuan mid-point at fresh 11-yr low, […]
[Reuters] Stocks gain on upbeat Target, Lowe’s earnings; Fed minutes eyed [Reuters] European stocks recover before Fed minutes, Jackson Hole gathering [Reuters] Oil up over 1%, buoyed by U.S. stock drawdown [Politico] Trump team braces GOP donors for a potential ‘moderate and short’ recession [Reuters] Trump says he had to ‘take China on,’ regardless of […]
Richard Sylla is a Professor Emeritus of Economics and the former Henry Kaufman Professor of the History of Financial Institutions and Markets at New York University Stern School of Business. He teaches courses in financial history, economic and business history of the United States, and comparative enterprise systems. Today he joins the commentary to discuss: […]
In 2003 we purchased 40 ounces of Platinum from my McAlvany Precious Metals advisor (fka ICA). We traded those for 140 ounces of Palladium in 2009. Recently, we sent back the Palladium and switched to Platinum again, receiving 95 ounces. We now have more than double the ounces of Platinum that we started with and […]
[Reuters] Global stocks inch higher as stimulus hopes spur tentative rebound [Reuters] Gold reclaims $1,500 mark as focus turns to Fed [Reuters] Oil edges lower, but hopes on easing trade tensions cap losses [CNBC] White House official denies administration is looking at a payroll tax cut [Reuters] China sets new lending reference rate slightly lower […]
[Reuters] Stimulus optimism boosts stocks, eases pressure on bonds [Reuters] Argentine CDS jump 300 bps after opposition leader says to re-negotiate IMF loan terms [Reuters] Oil up after drone attack on Saudi field, but OPEC report caps gains [Reuters] U.S. grants Huawei another 90 days to buy from American suppliers: Ross [Reuters] U.S. President Trump […]
[CNBC] Fed’s Powell must signal a more aggressive stance on rates at Jackson Hole or stocks will tumble, James Bianco warns [Reuters] Argentina Treasury minister resigns, says ‘significant renewal’ needed amid economic crisis [Reuters] Germany has fiscal muscle to counter next crisis: Scholz [Reuters] Germany’s Scholz: Don’t expect higher interest rates for years [Reuters] Hong […]
