Remember when inflation was going to be transitory? Good times. Many who thought inflation had peaked made 180-degree turns this week after seeing the latest Consumer Price Index release.
The industry legend comments on the globally observable socio-political unrest, as keeping money in the bank becomes uncomfortable for people who turn to precious metals in the search for..
Gold has sure been a four-letter word lately, suffering one of its worst bull summers. The primary culprit was heavy gold-futures selling on a parabolic US-dollar surge fueled by extreme Fed hawkishness.
Investors had almost all moved in their collective wisdumb to the low side of the boat to position themselves for the anticipated likelihood that another dip in inflation would lift that side of the boat, proving the market’s recent head-fake rally..
A Swiss billboard is making the rounds on social media depicting a young woman on the telephone. The caption reads, "Does the neighbor heat the apartment to over 19 degrees (66F)? Please inform us."
The Moscow World Standard has been the subject of rumors and speculation. Can it take out the LBMA incumbent? Will Russia be able to push up the price of gold? We breakdown the dynamics and discuss.
