Banking Crisis 2.0 — Are We on the Brink of the Next Financial Crisis?One year since the collapse of Silicon Valley Bank and Signature Bank, the bank that acquired Signature Bank’s assets is showing signs of collapsing. READ MORE Canadian Silver Coins: Popular Coins, Maintenance Tips, and a Glimpse into 2024Canada has a prolonged history of minting high-standard silver coins, the most famous of which is the Silver Maple Leaf. This bullion coin contains 99.99% silver and is regarded among the best in the world. Its ongoing popularity is largely due to its enticing design, which displays the magnificent maple leaf, and its pristine appearance. [...] READ MORE T+1 Transition Troubles: How the Fast Pace of US Stocks Could Disrupt Currency TradesThe United States is making a big change to how fast stock trades happen, cutting down the time to just one day for a transaction to be completed, known as T+1. This change, happening in less than four months, is causing a lot of work for CLS, the biggest company in the world for settling […] READ MORE U.S. Credit Card Debt Hits Unprecedented $1.13 Trillion, Fed Report RevealsIn the last quarter 2023, credit card debt in the U.S. hit a new high, reaching $1.13 trillion. This marks a $50 billion increase, or 4.6%, from the third quarter, as reported by the New York Federal Reserve Bank’s quarterly analysis on household debt and credit. Not only did credit card balances spike, but overall […] READ MORE China's Price Plunge: Fastest Consumer Cost Drop in Over a Decade Signals Economic WoesChina’s economy is facing challenges as consumer prices have fallen at the quickest rate in nearly 14 years, signaling a tough road ahead for its economic recovery. In January, the consumer price index, which measures the average change in prices paid by consumers for goods and services, decreased by 0.8% compared to a year earlier, […] READ MORE Silver Is the New Gold' — Egyptians Try to Protect SavingsIn Egypt, the soaring prices and a declining currency have shifted a long-standing tradition. Traditionally, Egyptian women receive a gold jewelry set during their engagement, known as “shabka.” However, due to economic difficulties, with inflation over 30% and the currency losing half its value against the dollar, many are now receiving silver instead. READ MORE Goldman’s $2,175 TargetGoldman Sachs is sticking to its positive outlook on gold, predicting it will hit $2,175 in the next year. This confidence is driven by ongoing demand and global political tensions.The market’s hesitance, influenced by the Federal Reserve’s tough stance and the postponement of interest rate reductions till June 2024, hasn’t dampened Goldman Sachs’ optimism. They […] READ MORE Historic Debt Costs Loom: 2025 Debt Interest Costs to Exceed World War II LevelsThe Congressional Budget Office (CBO) has issued a warning that the cost of servicing the US government’s debt will reach a new high next year and will continue to increase. This situation raises concerns about the government’s borrowing pace. US debt held by the public is expected to reach $45.7 trillion, or 114% of GDP […] READ MORE Markets on Edge: Continuing Coverage of Regional Banking CrisisNew York Community Bank is in the midst of a financial storm, and we’ve got you covered with a dedicated website at GoldSilver. READ MORE « Previous 1 … 59 60 61 62 63 … 79 Next »
