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Gold can overcome near-term headwinds
BySirhcSource: UBS CIO Daily Updates by Chief Investment Office08 Jun 20233 min read Thought of the day The price of gold has remained under pressure following the stronger US employment report supporting expectations that the Federal Reserve will “skip” rather than ending hikes at its policy meeting next week. The potential for higher rates over coming months,…
Pension Bailouts Could Raise the National Debt by $7 Trillion
BySirhcCourtesy of THE DAILY SIGNAL Rachel Greszler / November 07, 2019 On Oct. 31, the national debt hit $23 trillion. That’s equivalent to a credit card bill of $178,000 for every household in America. This marks an enormous increase. Even after adjusting for inflation, it’s a jump of $60,000 over just 10 years for the average household. In other words, even…
Gold: USD 2,000 per ounce within reach
BySirhcGold powers to an all-time high The stars are aligned for gold prices to continue to rise A lower dollar, aggressive monetary policy easing, ultra-low interest rates, negative US real yields, fiscal stimulus and the technical outlook all support gold prices Nonetheless, positioning does remain extreme which could encourage volatility Introduction – Will gold break…
Gold inches up on weaker dollar as investors focus on US inflation
BySirhcLower interest rate expectations from the Fed could cause the bullion to trend higher, analyst says 08 MAY 2023 – 07:46ASHITHA SHIVAPRASAD Bengaluru — Gold prices edged up on Monday as the dollar eased, while investors awaited a key US inflation data due this week that could influence the Federal Reserve’s monetary policy stance. Spot gold…
Fed Chair Powell Announces QE4… But “Don’t Call It QE4”
BySirhcCourtesy of ZeroHedge by Tyler Durden Tue, 10/08/2019 – 14:25 Update: Fed Chair Powell appears to have announced QE4 (but do not call it QE4!): Discussing the liquidity shortage and repo-calypse, Powell said: … While a range of factors may have contributed to these developments, it is clear that without a sufficient quantity of reserves in…
2021 Would Be A Great Time To Audit The Fed
BySirhc11/24/2020 Nick Hankoff Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice. Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency. Let the healing begin! If it is…