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[AP] Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope [AP] Tax the rich? Slash spending? Republicans wrestle with economic priorities in the Trump era [Reuters] Policy uncertainty fuels rise in U.S. government debt hedging [Axios] Trump’s fraying global ties put the dollar’s reserve status at […]
To Correct, or Not to Correct? While we await clarity on unfolding tariff trade war ramifications for the global economy and equity markets, let’s address the popular idea that gold must correct from its recent red-hot surge higher in price. In short, yes, using history as a guide, gold should technically retrace some of the […]
Sure got the old neck stuck out this time. Markets have rallied, financial conditions have loosened, and debt markets have reopened. I’m not dissuaded. The great Bubble is in trouble. It was 15 months from the June 2007 (subprime eruption) mortgage finance Bubble piercing to the cataclysmic 2008 crisis. Over that drawn out “process,” crisis […]
This week gold rose up slightly, while silver took a small dip. Palladium and platinum are neck and neck. Meanwhile, the dollar index made a slight recovery despite a quiet Fed announcement. Let’s take a look at where prices stand as of Wednesday, May 7: The price of gold is up about 2.5%, sitting at […]
[CNBC] Dow futures rise after Trump announces U.S.-UK trade deal: Live updates [AP] US and UK are expected to announce a trade deal that Trump says will cement their relationship [AP] US applications for jobless benefits fall last week despite elevated uncertainty over Trump tariffs [Yahoo/WSJ] Why the Fed Isn’t Ready to Join Other Central […]
[CNBC] Stocks rise on news of upcoming U.S.-China trade talks: Live updates [Yahoo/Bloomberg] Oil Extends Gain With US and Chinese Officials Set to Talk Trade [Yahoo/Bloomberg] Pakistan Stocks Drop, Indian Assets Steady After Military Strike [Yahoo/Reuters] China Keeps Adding Gold to Reserves as Challenges Stack Up [AP] Federal Reserve faces tough balancing act between fighting […]
Gold’s Rise Since 2008 Has Been A Policy Choice Of Central Banks David Rosenberg Sees $6k Gold In 3-5 Years Attached Charts: Gold Price VS Central Bank Buying “In a bear market, there’s no straight line from overvaluation to undervaluation. It’s a process, and this happens over and over again, all the way down. Believing […]
[CNBC] Stocks fall after S&P 500 snaps 9-day winning streak, investors await Fed decision: Live updates [Reuters] ‘Asian crisis in reverse’ as currencies soar on the dollar [CNBC] Treasury yields hold steady as traders await start of Fed policy meeting [Reuters] US trade deficit surges to record high in March [CNBC] Trump trade tariffs slump […]
