It ain’t political…
It ain't political, it's structural: End the Fed, impose some external budget constraint. Until then, we uniparty right off the fiscal cliff. https://t.co/0VBEMsQdef
— Peter St Onge, Ph.D. (@profstonge) April 20, 2023
It ain't political, it's structural: End the Fed, impose some external budget constraint. Until then, we uniparty right off the fiscal cliff. https://t.co/0VBEMsQdef
— Peter St Onge, Ph.D. (@profstonge) April 20, 2023
Gold is attempting to stabilize at the 2019-2021 uptrend at $1667 but the yellow metal needs to do more work to negate the downside pressure, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. See – Gold Price Analysis: XAU/USD to near the confluence support zone at $1,660-$1,670 – DBS Bank Key quotes “The market…
Three elements cause physical delivery on the COMEX to have reached record highs this year: strong demand for futures in New York, a persisting spread between the price of futures in New York versus spot gold in London, and arbitrage. Read More
PUBLISHED FRI, MAY 5 20237:29 AM EDT Elliot Smith@ELLIOTSMITHCNBC Demand for gold among central banks notched a first-quarter record high in the three months to the end of March as overall global demand painted an otherwise “mixed picture,” according to the World Gold Council. Gold prices broke through the $2,000 per ounce barrier this week and…
by Ross Norman on January 15, 2019 It is natural that we measure things by a familiar yardstick – the problem is that being so-biased or lazy, we can be deceived. Take gold. Popular belief has it that gold prices have not performed especially well despite some egregious geopolitical and economic factors. Well measured in…
Commodity investors await Powell’s Jackson Hole speech Gold futures on Wednesday edged slightly lower, hovering around the unchanged mark, as a rise in bond yields and the U.S. dollar, both bearish factors for bullion, weighed on precious metals. The moves come ahead of a highly anticipate speech from Federal Reserve Chairman Jerome Powell, who is…
11/27/2020 David Howden Imagine that you earn $40,000 a year and your boss doubles you at $80,000 a year. Business was good to you both in 2013, and you received a 25% raise for your efforts. Not bad, and your boss gets to share in this good fortune too with an extra $25,000 (about 30%)….