Money Metals Exchange Podcast
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Prices of Nearly Everything Now Surging
A big week for precious metals markets as inflation pressures push consumer prices to painful new heights. On Thursday, the U.S. Labor Department reported that inflation at the wholesale level is up 8.6% from a year ago. That’s the steepest annual adva… Keep Reading
Leaders of Both Parties Agree on $480 Billion More Debt
As Congress finally came to an agreement on Thursday to temporarily lift the debt ceiling, investors breathed a sigh of relief. The stock market bounced, and commodity indexes ran up to new multi-year highs. Precious metals markets, meanwhile, staged mod… Keep Reading
Fed Admits to Persistent Inflation; Stock Investors Getting Nervous
As trading kicks off the month of October, many investors are looking for a place to hide. The U.S. stock market got slammed on Thursday to finish out the month and the quarter on a down note. The S&P 500 fell 5% overall in September. Bonds also fared p… Keep Reading
Markets Gyrate as Debt Rhetoric Heats Up
Debt troubles in China and Washington, D.C. helped boost safe-haven demand for precious metals early this week. By Thursday, however, investors piled back into stocks and sold safe-havens again.… Keep Reading
Biden to Unleash IRS, Attack Retirement Options for Alternative Assets
Precious metals markets got dealt a technical blow after gold and silver sold off on Thursday. Stronger-than-expected economic reports boosted the U.S. Dollar Index, which in turn gave futures traders all the rationale they needed to pound longs with sell… Keep Reading
New Pandemic Crackdowns Threaten Economy, Freedoms
Well, it’s been a bit of a frustrating week for gold and silver bulls. Precious metals markets failed to follow through on their recent strength and traded lower through Thursday’s close.… Keep Reading