economy
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Gold surges to seven-week high on weaker dollar, political risks
(Read More)June 6 Gold rose to its highest level in seven weeks on Tuesday as weak economic data in the United States reduced expectations of rapid U.S. interest rate rises this year, pushing the dollar to a seven month-low and lowering U.S. bond yields . . . .
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Gold Will Benefit as Investors Lose Patience with Trump Presidency
(Read More)Market reaction to the latest turmoil in the While House shows that investors are losing patience with the Trump administration and this should continue to underpin precious metals this year, according to one commodity analyst . . . .
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Gold vs Trumponomics
(Read More)This article explores the challenges and opportunities for gold in this brave new world of ‘Trumponomics’ . . . . .
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French Relief Triggers Sharp Losses in Gold Prices, North Korea Still in Focus
(Read More)Macron’s victory in the French Presidential election first round was crucial in supporting risk appetite and undermining gold prices, although markets were still wary of the North Korean situation . . . .
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Gold approaches key $1,300 mark after Trump sparks Dollar sell-off
(Read More)Gold prices bounced up overnight as US investors reacted to comments from Donald Trump that sent the dollar tumbling . . .
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Texas Bill Would Establish Gold and Silver as Legal Tender, Take on Federal Reserve Money Monopoly
(Read More)A bill introduced in the Texas Senate would establish gold and silver as legal tender in Texas. Passage of the bill would create currency competition in the state and serve to undermine the Federal Reserve’s monopoly on money . . . .
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IT BEGINS…. Idaho And Arizona Pass Bills to Remove “Capital Gains Taxes” On Gold and Silver
(Read More)In just the past week, lawmakers in Idaho and Arizona have passed bills removing “Capital Gains Taxes” from gold and silver coins and bars . . . .
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States Consider Removing Income & Sales Taxes from the Monetary Metals
(Read More)Precious metals markets can certainly be volatile from week to week, but over time they are a more reliable store of value than Federal Reserve Notes . . . .
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The Word of the Week: Inflation
(Read More)Stocks have erupted higher in the last month based on the belief that the economy is roaring once again. However, this is all about sentiment, not reality . . . .
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China’s Pain Could Be Gold Investors’ Gain
(Read More)In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000% . . . .