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Weekly Hard Asset Insights By David McAlvany Oil, the Dollar, and Worker Disinterest Up Sharply The big economic news of the week came with Friday’s non-farm payroll release for May by the U.S. Labor Department. Last month’s April release shocked analysts by delivering about a quarter of the number of jobs expected. On Friday, the […]
[Yahoo/Bloomberg] U.S. Stocks Rise, Dollar Drops After Hiring Data: Markets Wrap [Reuters] Global Markets – Dollar climbs, stocks steady as markets await U.S. data [Yahoo/Bloomberg] Oil Climbs Near Highest Since 2018 With More Iran Talks Expected [Reuters] Dollar jumps as strong run of data turns all eyes to payrolls [CNBC] U.S. added 559,000 jobs in […]
This week we look at gold, silver, platinum, the DOW, US Dollar, and more. Gold is entering a key moment where the next long-term bullish leg could push us well into the 2000s, or will we see a small correction in the short term allowing investors opportunities to accumulate. Thanks for listening, if you enjoy […]
[Yahoo/Bloomberg] U.S. Stocks Drop on Geopolitics, Fed: Markets Wrap [Reuters] Stocks wobble on inflation concerns ahead of U.S. payrolls [Yahoo/Bloomberg] Gold Retreats After Fed Stimulus Comments, Dollar Gains [Reuters] Oil steady after sharp rise on improved demand picture [CNBC] Companies hired nearly a million new workers in May, ADP says [Reuters] U.S. weekly jobless claims […]
[Yahoo/Bloomberg] U.S. Stocks Rise With Europe; Dollar Gains: Markets Wrap [Reuters] Stocks near highs on recovery bets as oil extends rally above $70 [Yahoo/Bloomberg] Oil Rises From Highest Since 2018 on Strengthening Demand [CNBC] AMC jumps another 20%, on pace to open at all-time high, as investors shrug off hedge fund’s stock sale [CNBC] Housing […]
Stocks Today: Would you buy a business that would take 37 years to break even? Treasury Department, FED, FDIC, discuss how to define how to regulate cryptocurrency Economist Magazine worried Gov Coins could become panopticons to control citizens The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Biden Budget: $6 Trillion Colossus That Even […]
[Yahoo/Bloomberg] Stocks Rise on Economic Data; Oil Jumps: Markets Wrap [Reuters] World stocks hit another record, oil up in big data week [Reuters] Gold scales near 5-month peak on weaker dollar, inflation worries [Yahoo/Bloomberg] Gold’s Momentum is With the Bulls After Best Month Since July [Yahoo/Bloomberg] Oil Highest Since 2018 With Iran Deal Elusive and […]
[Yahoo/Bloomberg] Futures, Stocks Struggle With Jobs Data in View: Markets Wrap [Reuters] Asia shares try to extend rally ahead of U.S. jobs test [Yahoo/Bloomberg] Gold Heads for Biggest Monthly Gain Since July on Inflation Bets [Yahoo/Bloomberg] China Takes Its Most Visible Measure Yet to Curb Yuan’s Gain [Reuters] China raises banks’ FX requirements to rein […]
