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[AP] Senate Republicans advance Trump’s tax and spending cuts bill after dramatic late-night vote [Yahoo/Bloomberg] Trump Tax Bill Advances in Senate as GOP Scrounges for Votes [Axios] U.S. will send tariffs letters in coming days, deals not needed, Trump says [Axios] Trump accuses Powell of keeping interest rates “artificially high” [Reuters] Wall St Week Ahead […]
[Reuters] US Senate Republicans aim to push ahead on Trump’s sweeping tax-cut, spending bill [CBS] Senate aims to hold initial vote today on Trump’s “big, beautiful bill” [Yahoo/Bloomberg] South Korea calls for ‘mutually beneficial’ trade deal with US [CNBC] How China could shut down auto factories around the world [NYT] Comparing How the House and […]
[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 […]
