Record-Breaking Rally: Gold Prices Soar on Economic Easing and Safe-Haven DemandGold soared to an all-time high on Tuesday, driven by anticipation of relaxed U.S. monetary policies and ongoing global tensions. This surge is supported by a robust foundation: heightened physical demand in Asia, consistent central bank acquisitions, and gold’s enduring appeal as a safe haven. Central banks have consistently added to their gold reserves for […] READ MORE True Inflation May Have Peaked in Late 2022Despite the U.S. stock market reaching all-time highs, the average American remains pessimistic, a situation that is seen as unhealthy for both the stock market and the economy. Critics argue that consumer pessimism is unwarranted, given the near 50-year low unemployment rates and significantly reduced inflation compared to two years ago. However, a new study […] READ MORE Gas Prices Could Soar Past Last Year's Rates Amid Refining WoesGasoline prices in the U.S. are undergoing significant increases due to recent constraints on refinery operations and rising oil prices. As of Monday, the national average price for a gallon of gas was $3.35, marking a $0.09 increase from the previous week, yet it remains $0.05 cheaper than this time last year, according to AAA. […] READ MORE New Highs For Gold & Bitcoin: Monthly Wrap with Alan HibbardFrom precious metals to the stock market, Alan breaks down the key events shaping your financial future. READ MORE US Housing Market Shows Life, Yet Overvaluation Clouds Recovery, Fitch ReportsThe US housing market is beginning to show signs of recovery with an increase in sales and inventory, yet challenges persist due to significant overvaluation, according to Fitch Ratings. Despite a positive shift in market dynamics, the effects of last year’s price surge have exacerbated the issue, with homes being overvalued by an average of […] READ MORE The Elite's Escape Plan: Inside the Billionaire Bunker BoomRecent reports from various international media outlets have highlighted a trend among the world’s wealthiest individuals, including high-profile figures like Meta’s Mark Zuckerberg and entrepreneur Elon Musk, preparing for catastrophic scenarios by building massive bunkers stocked with food and significant quantities of gold. According to The Daily Star, Zuckerberg has initiated plans for a substantial […] READ MORE Warm Winter Weather Dips Oil Prices Despite OPEC+ Cut ExtensionOil prices experienced a slight decline on Monday, despite OPEC+ announcing an extension of its voluntary output cuts through the middle of the year. This decision, aimed at stabilizing the market amidst global economic uncertainties and increased production outside the OPEC+ group, did not offset the dampening effects of warm winter weather on demand. Brent […] READ MORE Why Gold May Not Go Above $2,100 Without Rate CutsJohn Authers explains why a sustained rally for gold above $2,100 would need rate cuts. But there are increasingly sound reasons why they might not happen. READ MORE Fed's Rate Cut Expectations Delayed as US Economy Proves RobustThe US economy’s resilience has led to a reassessment of expectations for interest rate cuts in 2024. Initially, after enduring prolonged inflation and increased borrowing costs for over 20 months, there was widespread anticipation among investors, economists, and Federal Reserve officials that the economy would weaken, enabling the Fed to commence rate reductions. However, the […] READ MORE « Previous 1 … 41 42 43 44 45 … 78 Next »
