– Gold has hit its highest level since June 3, 2021, off the back of the risk-off sentiment and geopolitical issues between Russia and Ukraine. Subsequently, the price of gold fell very slightly at the start of the session, but the most recent headlines have been noting some fire between the two nations. Another key […]
Gold is up nearly 2% on the week as more investors turn to the precious metal amid a widespread risk-off sentiment in the marketplace. With consumer prices rising 7.5% in January, the highest in 40 years, Goldman Sachs is now projecting seven 25 basis points hikes this year. And gold is benefiting from that panic,” […]
After a quick rally above $1,850 an ounce, gold could already be running out of steam, Vecchio told Kitco News, pointing to a move in the U.S. Treasury yields, both nominally and in real terms, move significantly higher at the start of 2022. Vecchio sees gold ending the year at $1,800 an ounce, which is […]
would be moving troops to Eastern Europe and NATO countries in the “near term.”Speaking to Michelle Makori, editor-in-chief of Kitco News, Scaramucci said that America has a civic duty to defend Ukraine, even if it is a former Soviet member. Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, said that any […]
“What really triggered it was some commentary that Powell made during the press conference where he said that the balance sheet run-off would be ‘in the background.’ Those three words, in the background, he repeated several times and they’re akin to what Janet Yellen originally said the balance sheet running off would be like watching […]
In a recent interview with Kitco News, Michael Moor, creator of Moor Analytics, described gold’s month’s long price action as a macro bearish consolidation period. The comments come as gold prices rallied to a new two-month high, testing critical resistance at $1,850 an ounce. Last week, silver saw significant bullish momentum as prices pushed to […]
“So this goes back to the ‘biblical’ point. …Read the full story
At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Before we get into the specifics of gold and silver, let’s look at overall market conditions. Gold investors need to watch oil prices because it is one of the most significant factors that drive […]
“With all indicators pointing to inflation continuing to be problematic, the U.S. Wyckoff explained that the reason there was a decoupling between gold and the Consumer Price Index last year was because it was perceived by the marketplace as an occurrence that was not going to be permanent. Speaking more about inflation, Wyckoff said, “When […]
The increase in sales came even as there were far fewer homes on the market. The share of sales of homes in the $100,000 to $250,000 range, long the largest price bracket, declined at an unprecedented rate since the onset of the pandemic and now account for fewer than a quarter of all sales. Surging […]
MARKET IDEAS: A slight retrenchment in the dollar this morning, new highs in energy prices, and a 30-year high in UK inflation helps gold and silver track higher to start today. …Read the full story
MEXICO CITY, Jan 17 – U.S. …Read the full story
At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. …Read the full story
Founded in 1992 by David Bonderman and Jim Coulter, TPG was launched as Texas Pacific Group in Mill valley, California. The Fort Worth, Texas-based company’s shares opened at $33. …Read the full story
The China Nuclear Energy Association recently announced the world’s first operating SMR, now that the China Huaneng Group Co.’s 200-megawatt Unit 1 reactor at Shidao Bay is feeding power to the grid in Shandong province, using helium instead of water to produce power. While this news is very exciting, SMRs are not likely to contribute […]
At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. The precious metals are boosted at mid-week by positive daily outside markets that include solidly higher crude oil prices that are near last fall’s seven-year high, a lower U.S. and around the globe is […]
