Pound Tumbles After Bank of England Cuts Rates While Warning Of Mounting Stagflation; Two Officials Vote For Bigger Cut
Pound Tumbles After Bank of England Cuts Rates While Warning Of Mounting Stagflation; Two Officials Vote For Bigger Cut While the Fed engages in navel-gazing how much Trump’s tariffs will raise inflation by, and according to Goldman the answer is by a whopping 0.5% to 2.6% (from 2.1% in the absence of tariffs)… … the […]
India’s Gold Market: Investment Up, Jewelry Down as Prices Rise
The World Gold Council projects a cooling in India’s gold consumption for 2025, marking a decline from last year’s nine-year peak of 802.8 metric tons. This shift is primarily driven by gold prices hitting record high levels, reaching 84,399 rupees ($968.62) per 10 grams, following a substantial 21% increase in…
Crypto Regulatory Pivot Accelerates: FDIC Releases 790 Pages Of Letters; SEC Dials Down Oversight, Reassigns Lawyers
Crypto Regulatory Pivot Accelerates: FDIC Releases 790 Pages Of Letters; SEC Dials Down Oversight, Reassigns Lawyers That’s quite a pivot… The Federal Deposit Insurance Corporation (FDIC), the regulatory body overseeing banks in the United States, has released 790 pages of additional correspondence related to firms offering crypto services to clients. According to the FDIC, the documents show requests […]
GoldSilver Turns 20! My Inside Story | Mike Maloney
Get the inside story of GoldSilver’s incredible 20-year journey – from Mike Maloney’s humble spare-bedroom startup to one of the world’s most trusted precious metals dealers. In this candid anniversary special, Mike reveals the company’s remarkable highs and devastating lows: launching during economic booms, battling through financial crashes, navigating ‘nuclear winters’,…
Treasury To Keep Debt Sales Unchanged For “Next Several Quarters”, Prepares To Drop Issuance Forward Guidance
Treasury To Keep Debt Sales Unchanged For “Next Several Quarters”, Prepares To Drop Issuance Forward Guidance In the first refunding announcement under Trump’s new Treasury Secretary Scott Bessent, the US Treasury unveiled that it will keep sales of longer-term debt unchanged well into 2025, despite Bessent’s criticism of Janet Yellen’s issuance strategy before he was […]
Fed Officials: No Rush to Cut Rates in Uncertain Climate
Federal Reserve officials Susan Collins and Raphael Bostic have signaled a cautious approach to further interest rate cuts, emphasizing the need to evaluate economic impacts of both recent monetary policy changes and new White House initiatives. Following three rate cuts totaling 100 basis points since September, the officials want to…
High-End Gold Market Thrives Despite Record Prices
The luxury gold market in China is showing strength in the face of unprecedented market conditions, with high-end products maintaining strong sales despite gold prices reaching 40 new records and rising up to 30%. This trend is particularly evident in Laopu Gold Co Ltd’s performance, whose shares jumped over 70%…
Gold Pauses After Record Run, Trade War Concerns Persist
Gold markets remain cautious near record levels as multiple factors influence trading sentiment. The immediate focus is on President Trump’s tariff policies and their potential inflationary impact, with three Fed officials warning of price risks and suggesting a more measured approach to interest rate cuts. While Mexico and Canada received…
Trade War Tensions Keep Gold Near Historic $2,830 Peak
The escalating trade war between the US and China has kept gold prices hovering near historic levels, with spot gold at $2,814.94 per ounce following an all-time high of $2,830.74. President Trump’s implementation of 10% tariffs on Chinese goods sparked immediate retaliation from Beijing, including countervailing duties and an antitrust…
Fed Officials: No Rush to Cut Rates in Uncertain Climate
Federal Reserve officials Susan Collins and Raphael Bostic have signaled a cautious approach to further interest rate cuts, emphasizing the need to evaluate economic impacts of both recent monetary policy changes and new White House initiatives. Following three rate cuts totaling 100 basis points since September, the officials want to observe the effects before making […]