Carlsbad woman, 70, gave scam artists $1 million-plus in gold, precious metals: DAGold bars and coins A man who allegedly took part in scamming a 70-year-old Carlsbad woman out of around $1.4 million of her life savings has been charged by San Diego federal prosecutors with conspiracy to commit wire fraud, the U.S. Attorney's Office said Thursday. Prosecutors say Xilin Sun, 35, of Ontario, worked alongside [...] READ MORE Gold on track for weekly rise as Middle East risks loomGold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Summary Tehran plays down suspected attack by Israel Gold up over 2% for the week Platinum, palladium down for the week April 19 (Reuters) - Gold prices rose on Friday and logged [...] READ MORE Fed says 1,804 banks and other institutions tapped emergency lending facilityFILE PHOTO: Four thousand U.S. dollars are counted out by a banker at a bank in Westminster (Reuters) - Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank's collapse, amounting to about 20% of all eligible firms, the Federal Reserve said on Friday. [...] READ MORE Gold’s STEALTH Institutional Rally…What Happens When the Public Arrives?Join us in this thoughtful discussion with investment expert Rick Rule, who sheds light on the understated yet steady increase in gold prices driven by central bank purchases. What might unfold as individual investors begin to engage more with gold? Key Takeaways: The significant role central banks play in the current stability of gold [...] READ MORE Biden’s Hot Economy Stokes Currency Fears for the Rest of WorldBiden’s Hot Economy Stokes Currency Fears for the Rest of World Bloomberg) -- As Joe Biden this week hailed America’s booming economy as the strongest in the world during a reelection campaign tour of battleground-state Pennsylvania, global finance chiefs convening in Washington had a different message: cool it. The push-back from central bank governors [...] READ MORE Oil Tests Central Banker Nerves With Mideast on ‘Knife Edge’Oil Tests Central Banker Nerves With Mideast on ‘Knife Edge’ (Bloomberg) -- Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight. In the same week that multiple monetary officials meeting in Washington said they’re on the lookout for [...] READ MORE Treasury Rally Stalls as Economic Concerns Overtake Haven Demand(Bloomberg) -- Treasuries all but erased their biggest rally of the year as investor focus shifted back to the US inflation outlook following an escalation of Middle East conflict that stoked demand for havens. The US 10-year yield rebounded to nearly 4.63%, within a basis point of Thursday’s closing level, after falling as much [...] READ MORE GOLD – We need to talk about China…A few years ago I was invited to speak to a group of about 120 Chinese investors visiting the UK to explain how the gold market in London, as the global epicentre, operates – essentially infrastructure. They were wealthy, influential and from right across the country. None of them, it seemed, spoke English, so the [...] READ MORE The Psychology of InflationA reader asks: I get all the stuff Ben has been saying about inflation — wages have kept pace, economic growth has been higher than the 2010s, wages have risen the most for lower income people, etc. I get all that. My husband and I own a house and own stocks so we’ve benefitted [...] READ MORE « Previous 1 … 20 21 22 23 24 … 79 Next »
