Fed’s Favorite Inflation Gauge Up 2.9% from a Year AgoThe Federal Reserve’s favored inflation gauge shows a notable slowdown in December 2023. The Commerce Department’s personal consumption expenditures price index indicated a monthly rise of just 0.2% and an annual increase of 2.9%, excluding volatile food and energy costs. This data, aligning with Dow Jones economists’ predictions, marks a decrease from the 3.2% annual […] READ MORE Fed's Emergency Loan Program Sees Crucial Rate HikeThe Federal Reserve’s emergency lending program, the Bank Term Funding Program (BTFP), witnessed a surge in demand, reaching a record $167.8 billion in borrowing as of January 24. This spike, approximately $6.3 billion higher than the previous week, came just before the Fed raised the program’s interest rate to prevent financial institutions from exploiting its […] READ MORE ECB Resists Market Pressure for Interest Rate CutsThe European Central Bank (ECB) has resisted market pressures for swift interest rate cuts, maintaining a cautious monetary policy approach despite Europe’s faltering economy and market anticipation for more affordable credit to stimulate business and stock market activities. ECB President Christine Lagarde, affirming the decision to keep the benchmark rate at a high 4%, stated […] READ MORE The Day the Hunt Brothers Capped the Price of Gold (Part 2)Many people think the Hunt Brothers were responsible for manipulating gold. But the truth is, they were framed… READ MORE What Is the Gold Spot Price and How Is It Set?When you go to buy a gold American Eagle, online or from your local coin shop, the price that you pay is determined by what is known as “spot.” READ MORE Bond King' Bill Gross Warns of Potential Recession and Overvalued StocksBill Gross, renowned as the “Bond King” and a billionaire co-founder of Pimco, expressed significant concerns about the current state of the stock market and the broader U.S. economy. Highlighting overextended stock valuations, he warned of a potential major recession if the Federal Reserve does not lower interest rates this year. Gross pointed out the […] READ MORE Half of Americans Feel the Pinch: Personal Finances Worsen Since 2020 Despite Inflation EasingA Yahoo Finance article revealed a significant decline in consumer confidence among American families earning under $100,000. Despite the inflation rate dropping to 3.4% in December 2023 from a peak of 7.2% in December 2021, high interest rates have escalated the cost of mortgages, credit card debt, car loans, and other expenses. The Federal Reserve’s […] READ MORE What Is the London Fix Price?The “London Fix” is issued by the London Bullion Market Association (LBMA). It is the way that global daily prices are set for precious metals including silver, platinum and palladium. But most importantly, gold. The “London Fix Price” is an agreed-upon fair-value price for a precious metal based on current buying/selling interest at various prices […] READ MORE A Guide to Trading Gold and Silver Futures ContractsThere are two primary ways to invest in precious metals: physical metals and “futures”. The former comes in many forms itself, from allocated storage or ETFs to simply stocking away some metals in a safe at home. READ MORE « Previous 1 … 71 72 73 74 75 … 78 Next »