Fed Holds Rates, Signals QT Taper; Blames Trump ‘Uncertainty’ For Stagflationary Outlook
Fed Holds Rates, Signals QT Taper; Blames Trump ‘Uncertainty’ For Stagflationary Outlook Tl;dr: The Fed is firmly in wait-and-see mode. Statement: hawkish Economic projections: mixed (stagflationary) Dots: hawkish QT taper: dovish It’s interesting that the slowdown in QT is so sharp – from $25 billion down to $5 billion a month for the Fed’s Treasuries holdings. […]
Indian Gold Market: Prices Soar 13% as Investment Demand Offsets Jewelry Slowdown
Gold continues its remarkable momentum in India, with domestic prices gaining 13% year-to-date and reaching a record ₹88,946 per 10g as the global price surpassed $3,000 per ounce. While higher prices are dampening jewelry purchases, they’re boosting old gold sales, with investment demand remaining strong through ETF inflows. Despite February…
Gold Outperforms Expectations, Challenges Buffett’s “Unproductive Asset” Label
Gold has broken through the $3,000 per ounce barrier, extending a remarkable 75% rally that began in November 2022. This surge reflects growing global instability and has attracted diverse investors from private individuals to central banks. Key drivers include political uncertainty under President Trump, increasing stagflation risks, anticipated Fed rate…
World Gold Council Strategist Weighs In as Gold Reaches Historic $3,047 Mark
Gold prices have reached a new intraday record of $3,047 per ounce, continuing its remarkable rally with multiple record-breaking moments this year. Joe Cavatoni, senior market strategist at the World Gold Council, has shared his expert perspective on this price movement. According to Cavatoni, several factors are driving gold’s strength,…
Safe-Haven Demand Pushes Gold to $3,045 Ahead of Fed Decision
Gold prices edged higher on Wednesday, climbing 0.2% to $3,039.38 an ounce after touching a record high of $3,045.24 earlier in the session. This marks the 15th record high for gold this year, as investors increasingly turn to the precious metal as a safe haven amid multiple uncertainties. Primary drivers…
Goldman Slashes US Immigration Forecast As ‘America First’ Agenda Takes Hold
Goldman Slashes US Immigration Forecast As ‘America First’ Agenda Takes Hold Vice President JD Vance spoke earlier to companies working “in the national interest” at the American Dynamism Summit, sponsored by venture capital firm Andreessen Horowitz. In his address, he highlighted the significant progress achieved in just two months under a competent administration in securing […]
Market Optimism Evaporates: BofA Survey Shows Dramatic Shift to Defensive Positioning
Bank of America’s monthly survey shows fund managers have experienced a “bull crash” in sentiment, with optimism rapidly draining. The survey recorded the second-biggest drop in global growth expectations in its history, plummeting from -2% in February to -44% in March. U.S. equity allocations saw their largest decline ever, while…
Silver’s $50 Breakout: The Biggest Precious Metals Run in History?
In this eye-opening video, Mike Maloney reveals the explosive factors converging in the silver market: historic short positions, a colossal cup and handle pattern, and decades of currency debasement.
Analysts Project Gold to Hit $3,500 as Investors Seek Safety in ETFs
UBS has raised its gold price target to $3,200 per ounce (from $3,000) as retail investors increasingly buy into gold-backed ETFs. This follows gold breaking the $3,000 barrier on March 13, with prices up nearly 40% over the past year. Other financial institutions including Macquarie Group and BNP Paribas have…
UBS Bullish on Gold: Price Target Elevated to $3,200 as ETF Inflows Accelerate
UBS has raised its gold price target to $3,200/oz (up from $3,000/oz) as gold ETF inflows accelerate. This increase reflects growing investor demand for defensive assets amid escalating uncertainties, continued central bank buying, and unclear Fed policy direction. UBS maintains its preference for gold, recommending investors use price pullbacks as…