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[CNBC] Dow climbs 300 points to another record, but sell-off in Big Tech drags Nasdaq down 1.5% [Yahoo/Bloomberg] Oil Rises With Gasoline as Cyberattack Knocks Out U.S. Pipeline [Reuters] Asian shares jump on hopes for low rates, oil up on cyber attack [Yahoo/Bloomberg] Iron Ore Turns ‘Very, Very Hot’ as Prices Jump 10% in Minutes […]
[Reuters] Cyber attack shuts down top U.S. fuel pipeline network [Yahoo/Bloomberg] U.S. Fuel Sellers Scramble for Alternatives to Hacked Pipeline [Reuters] Restarting U.S. Pipeline Hit by Cyberattack May Not Be Easy [Dow Jones] The Mortgage Boom Is Fading [Yahoo/Bloomberg] Bond Traders See a Path to 2% Yields Lurking in U.S. Jobs Miss [Reuters] Putin reviews […]
[Yahoo/Bloomberg] U.S.’s Biggest Gasoline Pipeline Halted After Cyber-Attack [Dow Jones] What Happens to Stocks and Cryptocurrencies When the Fed Stops Raining Money? [Reuters] Copper Just Smashed Past a Record. Here’s What You Need to Know [CNBC] Digital media companies pump the brakes on their rush to go public as SPAC market cools [Reuters] Ark Invest […]
There is an overarching issue I haven’t been able to get off my mind: Are we at the beginning of something new or in the waning days of the previous multi-decade cycle? May 5 – Wall Street Journal (James Mackintosh): “We could be at a generational turning point for finance. Politics, economics, international relations, demography […]
Weekly Hard Asset Insights By David McAlvany Mixed Messages The first week of May was action-packed for global markets in what might be fairly characterized as a week of notable contradictions. Mixed economic signals and mixed messages out of the US Fed and US Treasury added some jitters and uncertainty to a seemingly sensitive market. […]
[Reuters] Global stocks rally amid surging commodity prices [Yahoo/Bloomberg] Tech Leads Stock Gains After Weak Jobs: Markets Wrap [Reuters] Gold heads for best week in 5 months on softer dollar, yields [Yahoo/Bloomberg] Copper Jumps to Record as Growth Bets Supercharge Commodities [CNBC] U.S. added just 266,000 jobs in April, and March payrolls revised lower [CNBC] […]
This week we cover gold, silver, platinum, US Dollar index, and the risk of massive stagnant capital just sitting out the markets as dollar velocity continues to stall. Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel for weekly precious metals price updates and geopolitical commentary.
[Yahoo/Bloomberg] U.S. Stocks Steady After Jobless Claims Decline: Markets Wrap [Yahoo/Bloomberg] Copper and Iron Ore Surge as Chinese Investors Unleash Demand [Yahoo/Bloomberg] China Stocks Slump as Vaccine IP Waiver Proposal Hits Drugmakers [CNBC] Jobless claims tumble in another sign the labor market is getting closer to pre-pandemic levels [Yahoo/Bloomberg] ‘Frothy’ Stock Prices Pose Quandary for […]
