Author: neptuneglobal

Gold Test Drops on Hawkish Fed Talk While Palladium Surges on Russian Output

A review of recent Fed minutes indicate a hawkish stance in being taken, which sparked a dollar rally and drop in the gold price. Also impacting the yellow metal is the rebound in Treasuries. The U.S. benchmark 10-year Treasury yields extended gains as investors ramped up rate hike bets. All three assets are traditional hedges against the inflation that has plagued the global economy in the[...]

Ukraine situation posing possible threat to global economy – IMF head

The situation in Ukraine is unpredictable and may have negative aftermath for the global economy, the managing director of the International Monetary Fund, Christine Lagarde, said in an interview with the German Handelsblatt on Monday. The crisis in Ukraine posed danger, and it was extremely difficult to establish its level, she said. Besides, one could hardly forecast the likelihood of its[...]

China’s gold consumption creeps higher in first quarter

China's gold consumption edged up 0.76% year on year to 322.9 tonnes in the first quarter of this year, according to a report released by the China Gold Association. Consumption of gold jewellery surged more than 30% from year ago to 232.53 tonnes. The demand for gift-related gold bars saw significant declines as new regulations by Chinese authorities to curb gifts by government officials had[...]

Unprecedented Wealth Confiscation & The Disastrous Endgame – KWN

On the heels of continued chaos and uncertainty around the globe, today a 40-year market veteran sent King World News an incredibly powerful piece discussing the coming unprecedented wealth confiscation and the disastrous endgame. This is an extremely timely and fascinating piece from Robert Fitzwilson, founder of The Portola Group. Below is what he had to say in this exclusive piece for King[...]