Currency Markets on Hold: 79% Odds of September Rate Cut Keep Dollar Steady
The U.S. dollar remained flat Thursday as investors await Fed Chair Jerome Powell’s Jackson Hole speech on Friday for policy direction. Markets are pricing in a 79% chance of a September rate cut, down slightly from earlier expectations. President Trump’s renewed attacks on the Fed, including calling for Governor Lisa…
Dollar Rally Pressures Gold as Traders Eye Friday’s Jackson Hole Speech
Gold futures declined 0.2% to $3,380.90 per troy ounce on Thursday morning, pressured by a stronger U.S. dollar that makes gold more expensive for international buyers. Despite the dip, gold maintained most of its gains from the previous session when it benefited from safe-haven buying during a tech stock selloff….
Why Gold Critics Keep Getting It Wrong (With Proof)
Gold is up big in 2025 — yet the skeptics are louder than ever. From cherry-picked data to false comparisons with 1980, the anti-gold narrative is working overtime. But when Mike Maloney and Alan Hibbard fact-checked the latest hit piece, they uncovered something revealing: the critics aren’t just wrong —…
Gold Retreats Ahead of Jackson Hole as Investors Eye Fed Rate Cut Signals
Gold prices slipped slightly to around $3,340 per ounce as investors await Federal Reserve Chair Jerome Powell’s speech at Jackson Hole on Friday. The precious metal had gained on Wednesday after President Trump called for Fed Governor Lisa Cook to resign. Markets expect the Fed to cut interest rates by…
From Safe Haven to Portfolio Staple: Why Rich Investors Now Hold 11% in Gold
Gold reached a historic high of $3,500 per ounce in April 2025, marking a 25% gain in the first half of the year, and currently hovers near this peak. The surge is driven by multiple factors: central banks are aggressively buying gold with 43% planning to increase reserves, the US…
Gold Royalty Companies Post Record Profits While Traditional Miners Struggle with Rising Costs
Gold royalty and streaming companies are significantly outperforming traditional gold miners in 2025’s high-cost environment. Companies like Franco-Nevada, Wheaton Precious Metals, and Triple Flag reported record revenues and cash flows in Q2, with Franco-Nevada’s revenue jumping 42% year-over-year to $369.4 million. These firms avoid direct operating costs by financing miners…
US Economy at Crossroads: Job Growth Stalls While Inflation Refuses to Budge
The US economy faces mounting challenges as job growth slows dramatically and inflation remains stubbornly above target. July’s employment report showed just 73,000 jobs added, well below expectations, while the unemployment rate ticked up to 4.2%. Despite wage gains, inflation concerns persist with tariff-induced price pressures expected to push inflation…
Trump Set To ‘Crush’ Russia Economy If Putin Evades Zelensky: Sen. Graham
Trump Set To ‘Crush’ Russia Economy If Putin Evades Zelensky: Sen. Graham Republican Senator and notorious anti-Russian hawk Lindsey Graham said Tuesday that he believes President Donald Trump is ready to hit Russia’s economy hard with a new round of sanctions if President Vladimir Putin refuses to meet with Ukrainian President Volodymyr Zelenskyy in the […]
Gold Trades Sideways as Markets Eye Ukraine Peace Talks and Fed Policy Signals
Gold prices are holding steady around $3,320-$3,350 per ounce as investors await two key developments: US-led diplomatic efforts to end the Ukraine war and the Federal Reserve’s Jackson Hole symposium starting Friday. Fed Chair Jerome Powell’s keynote speech is expected to provide hints about potential interest rate cuts in September,…
Why Gold Is Surging Amid Doubts About the Dollar
Throughout history, the dominant world currency has belonged to the leading global power — Rome, Britain, and now the U.S. Since breaking from gold in 1971, the U.S. dollar has remained unrivaled thanks to America’s financial depth, military strength, and global trade role. But growing distrust in U.S. policy, coupled…