Start talking precious metals, and the first image that typically pops into someone’s head is an image of a shiny piece of gold. It’s understandable. Gold always seems to have a certain allure that doesn’t always translate to silver. Maybe part of it’s the color of the metal. There’s an exoticism to gold’s appearance that doesn’t apply as readily to silver…
Full Article →
Despite the global stock markets witnessing their steepest weekly drop in six months, gold has held its ground, maintaining a trading range that’s the tightest we’ve seen in five years. Shifting our focus to government bonds and interest rates, these elements act as the market’s pulse. We’ve observed a significant rise in interest rates,
Full Article →Today, we are turning our gaze towards the East, focusing on the gold market in China, which has been a hub of activity recently. Gold prices in China, the world’s leading consumer and central-bank buyer of the precious metal, experienced a five-day run of new record highs before snapping back.
Full Article →
Did you know that Bidenomics is actually a thing? And that it’s supposed to be a good thing? It wasn’t always that way. Once upon a time, the term “Bidenomics” was a snide pejorative, used by the president’s political opponents as a sarcastic term for the economic “strategy” they like to say has produced, the highest inflation and fastest interest-rate increases in 40 years
Full Article →
Since May 2021, inflation persistently above the Fed’s 2% target has devoured our purchasing power, day by day. Making the cost of living impossible to predict and planning for the future increasingly uncertain. After a short period of cooling off, inflation is heating up again on multiple fronts. One rather unexpected price surge will make budgeting a challenge…
Full Article →
Savings accounts today offer the highest yields in 15 years. Even so, they may not be the best way to protect your savings from inflation. When the Fed raises interest rates to curb inflation, ripple effects spread across the economy. Some of the impacts are negative (especially if you owe a lot of money), but others are positive for savers…
Full Article →
They say that time flies when you’re having fun. Or apparently if you’re baking under a ridiculously hot desert sun in the middle of summer, with marginally effective air conditioning. It’s hard to believe we’ve been based in Dubai for 18 months already, it seems like just yesterday Mac and I stepped out of the doors at DXB to a bewilderingly humid heat
Full Article →
The assault on individual rights is accelerating, and investors would be wise to think about the assets they hold in a world where the rule of law is failing. Last week, New Mexico Governor Michelle Lujan Grisham banned citizens from carrying firearms in Albuquerque, neither bothered nor slowed by recent U.S. Supreme Court affirmations of the 2nd Amendment.
Full Article →
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Global gold holdings rise to highest level since 2012, a one-way flood of gold from West to East and are we missing out on platinum’s comeback?
Full Article →
It remains to be seen if, in fact, interest rates start declining next year after what has been a year and a half of the fastest rate-tightening cycle in 40 years. But expectations are growing that Federal Reserve officials will be making a more dovish tilt in their application of monetary policy beginning at some point in 2024
Full Article →
A late summer rise in COVID cases is triggering calls by control freaks across the globe for reimposing mandates and restrictions on the public. Civil liberties advocates are warning that crippling new economic lockdowns could be coming down the pike. Public health officials are talking up widespread masking yet again
Full Article →
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Investment firm sounds off on gold investment in a commodities era, gold standard and why we might have been here before, and did you notice gold hit another ATH in the Japanese yen?
Full Article →
The day before signing the Fiscal Responsibility Act into law, President Biden said, “We’re cutting spending and bringing deficits down.” In the merely three months since the Fiscal Responsibility Act became law, the gross national debt already has risen by another nearly $1.5 trillion, suggesting that perhaps this promise remains elusive
Full Article →
Corporate media headlines like Biden’s Economy Is the Best Ever or The Bidenomics Success Story leave one big question unanswered… Who is better off? (Lest we forget, “the economy” isn’t a citizen.) Are you better off than you were thirty months, two and a half years ago?
Full Article →
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold’s price holding up even though interest rates keep rising, the real story of inflation, and gold remains a key asset for the new global economy.
Full Article →
Making an investment in physical gold and silver is easy. Insuring these new valuables stored at home is more difficult. It may be outright impossible in larger amounts. The standard homeowner’s insurance policy provides little, if any, coverage for precious metal coins, rounds, and bars…
Full Article →
You know how it goes. Inflation comes barreling out of the gate. The Fed starts pushing rates upward. At some point, the cost of money ultimately gets so high that the economy starts to break. Next, consumers stop spending, stores and manufacturers have less business, and workers get laid off. Last stop: recession.
Full Article →
At the beginning of the pandemic panic, American households hunkered down, slashed spending and deposited their stimmie checks. Ever since, thanks to a combination of high inflation and “revenge spending,” consumer spending exploded to what Wolf Richter calls “drunken sailors partying hard” levels.
Full Article →
The U.S. dollar has enjoyed global reserve currency status for nearly a century now. If BRICS nations have their way, that privileged status won’t last much longer. The weakness of the U.S. dollar is top of mind for all BRICS countries, and plenty outside of BRICS too.
Full Article →
Can anyone dispute that this has been one of the more challenging cycles of chronic inflation and higher interest rates in our history? For the past 2½ years, year-over-year inflation has remained stubbornly above the Federal Reserve’s 2% target, at one point reaching north of 9% – it’s highest rate in more than 40 years
Full Article →
With all eyes on BRICS as it prepares for a meeting at the end of August that could see new members joining, the question is looming in the back of future-minded investors: will BRICS develop its own currency in a bid to challenge the U.S. dollar as the world standard?
Full Article →
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: U.S. credit rating and de-dollarization, China boosts official gold reserves for 9th consecutive month, and South Africa’s gold mines are under heavy stress.
Full Article →
There aren’t many bullion investors who haven’t thought about using their stash to buy groceries one day. Most of them bought metal in the first place because they know something important about history. Fiat currencies eventually die at the hands of irresponsible leaders, and it can happen fast.
Full Article →
When we get near the end of 2023 and news outlets begin rolling out their “year-in-review” retrospectives, there’s one story that’s sure to be featured prominently: the saga of the debt-ceiling standoff, including how close America came to defaulting on its federal debt for the first time in history.
Full Article →
Poor planning practices at the U.S. Mint, including an apparent refusal to stockpile extra silver blanks during periods of market slack (such as now), have caused a steady erosion in the market share of this once extremely popular U.S. silver coin.
Full Article →
Did you notice that for the HUI Index, GDXJ, and silver, 2023 is already a down year? In today’s analysis, I’ll dig into the former. Remember how I wrote in mid-July that after the weekly reversal, junior mining stocks were likely to move lower…
Full Article →
Inflation is by no means finished. But it does seem to be dissipating. And as this chapter of inflation draws to a close, so, too, will one of the fastest cycles of interest-rate increases in four decades draw to a close, as well.
Full Article →
Making gold price predictions is not an easy feat, but every now and then, we get blessed with a clear signal. And we saw one in July 2023. It’s visible on the monthly chart that features not only the key parts of the precious metals sector but also one of the key gold price’s drivers – the USD Index.
Full Article →
Material provided on the Bullion.Directory website is strictly for informational purposes only. The content is developed from sources believed to be providing accurate information. No information on this website is intended as investment, tax or legal advice and must not be relied upon as such. Please consult legal or tax professionals for specific information regarding your individual situation. Precious metals carry risk and investors requiring advice should always consult a properly qualified advisor. Bullion.Directory, it's staff or affiliates do not accept any liability for loss, damages, or loss of profit resulting from readers investment decisions.
Opinions expressed in reviews, commentary & analysis are those of the author and are not necessarily shared by Bullion.Directory, BIME LLC or Tartan Digital.
