Gold Up Over $2,740 in Third Straight Winning Session
Gold futures surged 1.25% to $2,746.40 on Thursday, marking their third consecutive daily gain and the third-highest close in history. The precious metal has rallied in seven of the past eight sessions, climbing 4.46% year-to-date, supported by shifting Federal Reserve policy expectations and standing just 1.51% below its all-time high of $2,788.50.
If We Have Such A Strong Economy, Why Are So Many Americans Struggling?
If We Have Such A Strong Economy, Why Are So Many Americans Struggling? Via SchiffGold.com, The 10-year treasury yield rocketed up to near 5%, and analysts say it’s because the economy is strong despite higher inflation. But if the economy is so strong, why are Americans so indebted, cash-poor, and desperate? 10-Year Treasury Yields Source The recent […]
"I Would Not Be Surprised If GOLD Clears $3000oz in 2025" Alan Hibbard
In this eye-opening discussion, Alan Hibbard from GoldSilver.com shares why 2025 could be a game-changing year for precious metals
Dovish Fed Hopes Drive Gold to Highest Level Since December
Gold has climbed to its highest level in over a month, trading at $2,719.49 per ounce, as multiple economic indicators point toward potential monetary policy easing. This rally was fueled by a confluence of factors: weaker-than-expected U.S. economic data, including higher jobless claims of 217,000 versus the forecast 210,000, and December’s core inflation increase of […]
Printer Go Brrrr? Economists To Debate Money Tonight On ZH
Printer Go Brrrr? Economists To Debate Money Tonight On ZH The chart everyone knows and loves. In 2024, the U.S. government eclipsed $36 trillion in national debt. It is, afterall, the price we pay to live in a civilized society… and to destroy Iraq, Libya, Somalia… but tonight on ZeroHedge we will not be discussing […]
Gold Rises Past $2,700 as Cooling Inflation Sparks Rate Cut Hopes
Gold has climbed to its highest level in a month, trading above $2,700 an ounce, driven by a significant shift in market expectations following surprisingly moderate U.S. core inflation data. The consumer price index, excluding food and energy, rose just 0.2% after four consecutive months of 0.3% increases, suggesting the Fed may have more flexibility […]
Gold vs Bitcoin: Why 2025's Smart Money is Betting on Both
As both gold and bitcoin reach record highs in 2024, a growing number of investment experts suggest including both assets in portfolios for enhanced diversification. While sharing some characteristics as alternative investments, their distinct behaviors and risk profiles make them complementary rather than competitive assets. BlackRock recommends up to 2% bitcoin allocation in traditional portfolios, […]
Mali Seizes $245M in Gold from Barrick Mine in Escalating Ownership Battle
Mali’s government has seized three tons of gold worth $245 million from Barrick Gold’s Loulo-Gounkoto mine amid an escalating ownership dispute. The seizure, following the arrest of company executives and a warrant for CEO Mark Bristow, has forced Barrick to suspend operations at the mine, which produces 14% of its global output. The conflict stems […]
TSMC’s Outlook Beats Estimates; Goldman Tells Clients Puts Cheap, Citing “Potential De-Gross Sell-Off Risk In Q1”
TSMC’s Outlook Beats Estimates; Goldman Tells Clients Puts Cheap, Citing “Potential De-Gross Sell-Off Risk In Q1” Shares of Taiwan Semiconductor Manufacturing (TSMC) trading in New York climbed as much as 7.5% in premarket trading after the chipmaker, the leading supplier for Apple and Nvidia, issued 2025 sales and capital expenditure forecasts that topped Bloomberg Consensus estimates. […]
Ahead Of Potential Ban, Goldman Finds “TikTok Refugees” Worldwide Downloading This App
Ahead Of Potential Ban, Goldman Finds “TikTok Refugees” Worldwide Downloading This App With four days remaining until TikTok is either sold or banned in the United States, hundreds of thousands of users have gravitated toward a Chinese app called RedNote, which some users call “China’s TikTok.” On Wednesday morning, RedNote was the top free-to-download app on […]