February 22, 2022 - The escalating tension between Russia and Ukraine is roiling global markets across the board. Equity markets are pointing to this geopolitical situation as today's reason for stocks continuing their 2022 decline. Conversely, commodity markets are adding to their already robust gains this year, as Russia is one of the largest suppliers of commodities globally. The[...]
Category: Opinion
Gold Ticks Up Ahead of Fed Policy Decisions While Inflation Continues to Roil Markets
December 13, 2021 – Inflation remains the primary concern for the markets as officials finally concede their “transitory” narrative was all wrong. On Wednesday, Fed Chairman Jerome Powell will deliver the FOMC announcement and release November retail sales data, the NAHB home builders’ index and business inventories for more indications on the state of the economy. In[...]
Gold Nonplussed by Biden Putin Brinkmanship
Dec 8, 2021 - Normally an asset that rallies if it senses risk of significant uncertainly or upheaval, gold has remained relatively calm throughout the increasing tensions between the US and Russian over Ukraine. The West has been accusing Russia of massing troops, albeit within Russia’s sovereign borders, with the intent of invading the Donbas region. Russia vehemently denies the[...]
Gold Rangebound, Stuck Below $1,800
Dec 8, 2021 - The yellow metal has mostly been hovering just below $1,800 for the past two weeks as investors await next week’s statement from the Federal Reserve about the pace at which the central bank plans to taper stimulus measures. Soaring inflation has caused widespread speculation that the Fed will escalate the pace of the taper. Investors were also awaiting the release of the[...]
Big Money and Central Banks Move to Gold – The World is Changing
Gold surges to one-year high on fears of financial uncertainty By Clara Denina LONDON (Reuters) - Gold surged nearly 4 percent on Thursday to its highest in a year as fears about financial instability, a lower dollar and U.S. Treasury yields persuaded investors to seek refuge in the precious metal. Traders said financial instability fears were fuelled by European bank shares slumping to[...]
Does the Huge and On-Going Drop in Gold Inventories Portend Eventual Default
Something Snapped At The Comex There had been an eerie silence at the Comex in recent weeks, where after registered gold tumbled to a record 120K ounces in early December nothing much had changed, an in fact the total amount of physical deliverable aka "registered" gold, had stayed practically unchanged at 275K ounces all throughout January. Until today, when in the latest update from the Comex [...]