Learn

Gold Shows ‘Unprecedented Strength’ in Record Rally. Warning Signs Are Flashing.

Gold prices have climbed nearly 12% so far this year. Gold prices continue to defy a slump in markets, as the precious metal pushed to a record high on Wednesday in what could be its seventh straight day of gains. While the rally has support, at least one analyst is raising the alarm bell after [...] READ MORE

Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations

Optimism about lower interest rates, plus demand from China, has lifted prices. A customer holds gold jewelry in Mumbai, India.Himanshu Bhatt / NurPhoto via Getty Images file Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven [...] READ MORE

US Cancels Latest Oil Reserve Refill Plan Amid High Prices

(Bloomberg) -- The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices.   The Energy Department said it was “keeping the taxpayer’s interest at the forefront” in its decision not to purchase as many as 3 million barrels of oil for a Strategic Petroleum [...] READ MORE

Central banks bolster gold reserves further in February, albeit at a slower pace

Central banks bought a net 19 tonnes (t), down 58% m/m1 Demand continues to be driven by emerging market banks, such as China and India The slower pace of accumulation in February has had little impact on the broad trend in central bank buying   Available data for February shows that reported global central bank [...] READ MORE

Fed officials see three rate cuts ‘reasonable’ this year

Loretta J. Mester, president and CEO of the Federal Reserve Bank of Cleveland, looks on at Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 26, 2022. April 2 (Reuters) - A pair of Federal Reserve policymakers often considered to have divergent [...] READ MORE

The Gold Investing Madness Is Just Getting Started

Group of Gold American Eagle Coins, BU, on newspaper headline, stock market fall as Inflation rises. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images)UCG/UNIVERSAL IMAGES GROUP VIA GETTY IMAGES It's that time of year again—the end of March Madness, a period when sports fans are fully immersed in the exhilarating action of the NCAA [...] READ MORE

“A Decade of Armageddon” Susanne Trimbath, Fed & DTCC Insider Reveals All

  Welcome to an eye-opening interview with Suzanne Trimbath, a former insider at the Federal Reserve and stock market clearing houses. Discover the hidden dangers lurking in today’s stock market and learn essential strategies to safeguard your investments. Trimbath’s acclaimed book “Naked Short and Greedy” boasts an outstanding 4.9-star rating on Amazon, a testament to [...] READ MORE

Gold prices are at an all-time high—but experts like Warren Buffett don’t always recommend investing

Gawrav Sinha | E+ | Getty Images Bitcoin and stocks aren’t the only assets hitting all-time highs. If you want to buy an ounce of gold, it will currently cost you more than ever, at more than $2,250 an ounce. That puts it up about 38% from its last low point in 2022.   And [...] READ MORE

Housing’s outsized role in the Fed’s inflation problem: Morning Brief

The Federal Reserve's inflation story is all about housing.   Right now, the gap between the Fed's preferred inflation measure and the most popular inflation measure is a full percentage point. But how the two series account for the cost of shelter yields a 1.5 percentage point gap between them — a difference that's offset [...] READ MORE