Federal Reserve Holds Steady as Officials Await Full Picture on Tariff Effects
The Federal Reserve is holding steady on monetary policy as it assesses the economic impact of tariffs, according to Minneapolis Fed President Neel Kashkari. Speaking at an event in Wisconsin, Kashkari acknowledged that recent inflation data has been “quite positive,” with the Fed’s preferred inflation measure dropping to 2.1% in…
Gold Stabilizes Near $3,325 Following Iran-Israel Ceasefire Agreement
Gold prices held steady Wednesday following Tuesday’s decline, which came after improved market sentiment from the Israel-Iran ceasefire agreement. Spot gold traded unchanged at $3,325.56 per ounce, while U.S. gold futures rose 0.2% to $3,339.30. The de-escalation in Middle East tensions reduced immediate safe-haven demand, though lingering concerns about Iran’s…
Goldman Makes Flurry Of Downgrades Across Consumer Sector
Goldman Makes Flurry Of Downgrades Across Consumer Sector Goldman Sachs Managing Director Kate McShane issued a wave of notable rating changes across the consumer sector on Tuesday. The most eye-catching: Dollar General was cut from Buy to Neutral RH (formerly Restoration Hardware) was downgraded from Neutral to Sell Advance Auto Parts also moved from Neutral […]
Gold Overtakes Euro as Second-Largest Reserve Asset Despite Central Bank Buying Slowdown
Central banks have been slowing their gold purchases recently, with buying dropping 33% quarter-on-quarter in early 2024, partly due to reduced purchases from major buyers like China. However, experts don’t expect this trend to signal a permanent decline. The weakening faith in the U.S. dollar as the primary reserve currency…
How to Choose the Best Gold IRA Storage Option for You
When investing in a Gold IRA, where you store your precious metals matters just as much as what you invest in. Your storage decision impacts not just your security — it determines your IRS compliance, your tax benefits, and your peace of mind. In this guide, we’ll break down the…
Powell Holds Firm on Rates While Trump Urges GOP to ‘Work Him Over’ in Congress
Federal Reserve Chair Jerome Powell is maintaining a cautious stance on interest rate cuts ahead of his congressional testimony, despite mounting pressure from President Trump and signs of division within the Fed itself. In his prepared remarks, Powell indicated the Fed will wait to better understand how trade wars affect…
Goldman Weighs In On Tesla Robotaxi Launch
Goldman Weighs In On Tesla Robotaxi Launch Tesla officially launched its long-anticipated self-driving Robotaxi service in Austin, Texas, on Sunday. A select group of early-access users—many of them FSD beta testers and Tesla influencers on X—have begun sharing their experiences as the AI car company sets its sights on competing near-term with Waymo and, more broadly, […]
Silver Price Shows What Government Has Done To Our Money
Silver Price Shows What Government Has Done To Our Money Authored by Douglas French via The Mises Institute, You hear about gas prices everyday. The President brags that per gallon prices have dropped to $1.99 in some places. After paying over $4.00 here in Las Vegas, I wonder where he is talking about. He ran […]
Fed’s Bowman Joins Waller in Backing Potential July Interest Rate Reduction
Federal Reserve Governor Michelle Bowman signaled Monday that she’s ready to support lowering interest rates as early as the July 29-30 meeting, provided inflation stays contained. Speaking in Prague, Bowman suggested bringing rates closer to “neutral” levels to maintain a healthy job market. Her position echoes Governor Christopher Waller’s Friday…
The Main Street Revolution: Gold, Bitcoin & Escaping the Dollar Trap
At Rebel Capitalist 2025, Mike Maloney and Russell Gray delivered a conversation that cuts to the heart of today’s economic shift. The Decentralization Mega-Trend Russell Gray sees three powerful signals of change: “We’re pushing back on monopolies,” Gray explains. The old gatekeepers are crumbling, and something new is emerging. Why…