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Silver Is Ridiculously Undervalued

We come to 2 conclusions when looking at the price of silver expressed in several other assets: silver is undervalued and chart patterns suggest that silver is eager to move higher.   Silver is undervalued, significantly undervalued. This becomes clear when looking at the price of silver expressed in other assets. In this article, we [...] READ MORE

China fires starting gun on $140bn debt sale to boost economy

The bonds are expected to have long maturities as a way of funding long-term projects while alleviating the debt burden of local governments Chinese authorities have kicked off plans to sell Rmb1tn ($140bn) of long-dated bonds, as Beijing raises spending to stimulate the economy.   The People’s Bank of China has asked brokers for advice [...] READ MORE

Nvidia Rivals Gold as Shield Against Inflation, Survey Shows

Jensen Huang, co-founder and chief executive officer of Nvidia Corp. The biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey.   Gold, the haven of choice for decades, is still seen as the best [...] READ MORE

Dollar eases as market awaits key inflation data

Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. NEW YORK/LONDON, May 13 (Reuters) - The dollar eased versus most major currencies on Monday amid expectations key U.S. data this week will show a slowing pace of inflation and growth [...] READ MORE

Asia Gold Sky high prices take shine off Indian gold buying festival

A saleswoman picks gold necklaces to show it to a customer inside a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kochi, India, May 7, 2019. Summary India flips to discount of $7/oz this week China premiums rise to $26-$35/oz Demand picks up in Japan after holidays - traders [...] READ MORE

Gold dips as traders await US inflation data for Fed rate cut cues

Production of gold at Krastsvetmet precious metals plant in Krasnoyarsk (Reuters) - Gold prices fell 1% on Monday on profit-taking, as investors looked forward to key inflation figures this week for clues on the U.S. interest rate cuts this year.   Spot gold fell 1% to $2,336.76 per ounce by 1745 GMT. It had hit [...] READ MORE

Thirty-Six Minutes of Chaos: Analyzing the Flash Crash

Fourteen years ago, the Dow Jones plummeted 9%, wiping out almost $1 trillion in market value almost instantly. This infamous event, known as the "Flash Crash," jolted the financial world, prompting significant regulatory reforms.   This week, we’ll examine this recent chapter in financial history. Have these changes truly addressed the underlying issues in the [...] READ MORE

How Do People’s Experiences of Inflation Differ?

The Issue: Inflation rates are among the most closely watched economic statistics, but, as with many statistics that attempt to capture what is happening throughout the economy, aggregate measures mask important particulars. Measuring inflation requires simplifying assumptions about the basket of goods that a typical consumer purchases in a given month as well as eliding [...] READ MORE

A recession in early 2025 could send the stock market tumbling 30%, strategist says

A recession by early next year could send stocks down 30%, says BCA strategist Roukaya Ibrahim. Continued unemployment and headwinds from China's limping economy will be drivers of a downturn.   Wall Street veteran Gary Shilling holds a similar forecast, he told BI this week.   There are two factors signaling a recession by year-end [...] READ MORE