Economist warns of urgent US ‘debt detox’: We’re going to be in a recession before people know itA market expert is sounding the alarm on the country’s growing debt crisis, suggesting a “debt detox” in order to see the “the next great boom.” “We’re going to have to finally have a short-term debt detox before we can get going on the next great boom,” Financial author and HS Dent founder Harry Dent […] READ MORE Silver Up Roughly 18% YTD – Is It Still Undervalued?Gold is making headlines, surging ahead this month with an impressive 14% increase year-to-date. Yet, in the shadows, silver’s performance quietly outstrips gold’s, marking a notable 18% gain since the beginning of the year. When you’re faced with these attractive opportunities, how do you decide how to allocate your funds? How much to gold and […] READ MORE Stocks tumble, dollar firms amid geopolitical risk, mixed central bank viewsNEW YORK/LONDON, April 12 (Reuters) – U.S. stocks sold off sharply on Friday while the dollar jumped as investors grappled with rising geopolitical tensions and persistent inflation that could lead to diverging monetary policy between the U.S. and Europe. MSCI’s gauge of stocks across the globe (.MIWD00000PUS), opens new tab was last down 1.2%, its […] READ MORE SILVER ALERT: Could This Mexican Law Change Cause a Supply Crunch?In this enlightening video, join our host Mike Maloney and esteemed guest Lobo Tiggre from Independent Speculator.com as they unravel the intricate web of challenges and opportunities within the silver market. Amidst geopolitical tensions and the looming shadow of regulatory changes, particularly in Mexico, this conversation sheds light on the critical factors that could redefine […] READ MORE Inflation comes in hotter than expected in MarchThe Consumer Price Index (CPI) rose 0.4% over the previous month and 3.5% over the prior year in March, an acceleration from The data matched February’s month-over-month increase. Both measures came in ahead of economist forecasts of a 0.3% monthly increase and a 3.4% annual increase, according to data from Bloomberg. The hot print complicates the […] READ MORE What Could Derail Gold’s Bull Run? Watch JapanWelcome toMoney Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Is this what lit the fire under gold? I realise I’ve written about gold quite a bit recently (don’t worry, I’m sure another house price piece is coming any day now!), but […] READ MORE Gold slips from record levels after hot U.S. inflation dataGold prices slipped from record-high levels on Wednesday as the U.S. dollar and Treasury yields firmed after a stronger-than-expected inflation print softened expectations of an early U.S. rate cut. Spot gold fell 0.6% to $2,338.05 per ounce. U.S. gold futures lost 0.2% to $2,356.30. The U.S. dollar index rose 0.5% and U.S. Treasury yields spiked […] READ MORE Why Gold Prices Continue to Break RecordsHSBC Chief Commodities Analyst James Steel discusses the gold market’s latest surge, particularly in China and India, as geopolitical risks swirl around other areas of the broader market. James speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. Get more on the Bloomberg Surveillance Podcast: Apple: http://bit.ly/3OPtReI Spotify: http://bit.ly/42xmHPz Anywhere: http://bit.ly/3oOD8ZH (Source: Bloomberg) READ MORE Bank Of America Sees Gold At $3,000, Warns Of A Copper Supply Crisis: Metals ‘Dance To Their Own Tune’Gold prices are projected to jump to $3,000 per ounce by 2025, according to Bank of America, buoyed by strong demand from central banks and the anticipation of investors returning to the market once the Federal Reserve begins to slash interest rates. Michael Widmer, the bank’s commodity strategist, highlighted gold’s resilience as central banks tighten […] READ MORE « Previous 1 … 18 19 20 21 22 … 78 Next »
