economy
-
Dollar strongest in 13 years; bond yields rise
(Read More)The US dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher interest rates, while Treasuries resumed a sell-off that left yields at their highest levels of the year . . . .
-
Gold May Be the Only Winner in US Elections
(Read More)To the relief of some but the worry of many others the US election is now just days away. Unlike past elections this one appears to grown more uncertain and fraught the closer it gets . . . .
-
Russia’s Gold Holdings Have Tripled Since 2006
(Read More)The rapidly evolving geopolitical “weapon” brandished by Russia is an ever increasing stockpile of gold, as well as Russia’s native currency, the ruble . . . .
-
US elections will push gold to hit $1,500: Technical analyst
(Read More)Gold is on course to head as high as $1,500 per ounce, according to a technical analyst, who says the current environment will disrupt the usual inverse relationship between the U.S. dollar and the precious metal . . . .
-
"Fiat Money Quantity" & $11,000 Gold
(Read More)Besides alerting us to how the expansion of fiat money is progressing, an objective of this exercise is to give some guidance on the price relationship with gold . . . . .
-
Gold Crosses Party Lines
(Read More)Gold futures have chalked up their best settlement so far this month and the precious metal seems to be defying analyst predictions that it will remain in a holding pattern until after the election. If gold was a funding bill, it would be getting bipartisan support . . . .
-
Gold Holds Near Three-Month Low on Rate Outlook Before Jobs Data
(Read More)Gold held near a three-month low as investors awaited Friday’s U.S. jobs report for more clues on when the Federal Reserve will raise interest rates amid growing expectation for a hike soon . . . .
-
Gold Price Impasse - Who gives first???
(Read More)Gold saw a stellar rise in H1 2016 and has since tracked sideways, with price volatility falling to a two year low . . . .
-
Gold Bugs Rejoice…Central Banks Think You’re on to Something
(Read More)Central banks are piling into gold. They have been ever since the financial crisis blew up in 2008 . . . .
-
"Gold Will Likely Soar to A Record Within Five Years"
(Read More)Gold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven . . . .