Palladium Soars After US Seeks Sanctions On Russian Exports, Goldman Warns Of Gamma Squeeze
Palladium Soars After US Seeks Sanctions On Russian Exports, Goldman Warns Of Gamma Squeeze Three weeks ago, when the world was still enthralled by China’s latest attempt to stimulate the economy, we pointed out that one commodity that stood to gain the most should China’s momentum accelerate, was palladium which unlike gold and silver had […]
California Voters Could Decide Whether Republicans Keep The House
California Voters Could Decide Whether Republicans Keep The House Authored by Travis Gillmore via The Epoch Times, Though seen by many as a deep blue state sporting a Democrat trifecta – with the governor’s office and both legislative chambers controlled by the party with supermajority margins – California has millions of Republicans and independent voters […]
Technical Signals vs. Market Momentum: Analyzing Gold and Silver's Recent Rally
Gold and silver prices have reached record and 12-year highs respectively in October 2024, defying traditional market dynamics by rallying despite a stronger US dollar and higher interest rates. While technical sell signals emerged on Wednesday, the article questions their reliability given the precious metals’ recent strong performance and suggests potential trading strategies based on […]
‘Word Salad City’: Harris Town Hall In Philly Goes As Bad As You’d Expect
‘Word Salad City’: Harris Town Hall In Philly Goes As Bad As You’d Expect Kamala Harris’ completed another descending spin around her doom loop on Wednesday night: Lagging Trump in battleground states and therefore under pressure to increase her interactions with voters, she participated in a prime-time town hall that only further exposed her as one […]
Oil Market Navigates Choppy Waters of Global Conflicts and Political Change
Global oil markets experienced modest fluctuations on Thursday as traders grappled with ongoing geopolitical uncertainties in the Middle East and Eastern Europe. The upcoming U.S. presidential election added another layer of complexity to the market outlook. While oil prices have rebounded slightly this week, they remain volatile due to conflicting factors such as potential supply […]
Election Outcome Could Swing Bitcoin Price by $40K, Says Crypto Expert
Travis Kling, founder of Ikigai Asset Management, predicts Bitcoin’s price could reach $80,000 after the upcoming election. He sees the current market as hedging between these outcomes. Kling also discusses the rise of memecoins as a response to the lack of real use cases for many altcoins, and notes Wall Street’s growing involvement in crypto […]
Tensions Drive Gold Higher; Palladium Skyrockets on Sanction Fears
Gold prices strengthened on Thursday due to ongoing geopolitical risks and upcoming U.S. elections, while palladium surged 8% to a 10-month high following reports of potential sanctions on Russian exports. The precious metals market remains volatile, with gold hitting record highs and gaining over 33% this year as investors seek safe-haven assets amid global uncertainties […]
Selling The Apocalypse: The Press And Pundits Face Devastating Polls On The ‘Threat To Democracy’
Selling The Apocalypse: The Press And Pundits Face Devastating Polls On The ‘Threat To Democracy’ Authored by Jonathan Turley, “Democracy dies in darkness” is the Washington Post’s slogan, but can it handle the light? The Post has been doggedly portraying the election between former President Donald Trump and Vice President Kamala Harris as a choice […]
Gold's Bull Run Expected to Extend into 2025
Gold prices are expected to continue their upward trajectory into 2025, driven by central bank purchases and increased inflows into gold-backed exchange-traded funds (ETFs). Despite being in overbought territory, analysts predict gold will remain strong due to geopolitical tensions, robust demand from China, and anticipated interest rate cuts by the Federal Reserve. Major banks like […]
US New Home Sales Jumped In September As Rates Fell, But…
US New Home Sales Jumped In September As Rates Fell, But… With existing home sales ‘re-slumping’ back to the lowest SAAR levels since 2010, hope for the US housing market remains in the new homes market (where consensus believes that sales will jump 0.6% MoM after last month’s 4.7% plunge). Hope remains alive apparently as […]