Money Metals Exchange Podcast
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Another tumultuous week of trading in asset markets is raising hopes for a peak in the U.S. dollar and a bottom in precious metals. The Federal Reserve note spiked again versus the euro and other troubled foreign currencies on Monday before pulling back s… Keep Reading
Precious metals markets are trying to hang tough this week despite another large rate hike by the Federal Reserve… that was at least the line as of yesterday’s close.… Keep Reading
As rate hike fears drove heavy selling on Wall Street this week, precious metals investors are finding some silver lining amid the storm clouds. Worse than expected inflation data has put a 75 basis-point rate increase firmly back on the table. Futures m… Keep Reading
As Federal Reserve chairman Jerome Powell vows to keep fighting the high inflation he helped unleash, investors are also weighing evidence of a weakening jobs market. Gathering signs of a recession could cause the Fed to dial down future rate hikes.… Keep Reading
Gold prices fell to test the $1,700 level on Thursday. As of this Friday recording, the monetary metal is back up above $1,700 and currently trades at $1,721 an ounce – down 1.4% for the week.… Keep Reading
As central bankers from around the world gather in Jackson Hole, investors are bracing for more rate hikes to come. The Federal Reserve is poised to hike again in September to try to cool inflation. Meanwhile, the Biden administration is bent on flooding… Keep Reading