India’s Gold Market Splits: Investment Demand Thrives While Jewelry Sales Stumble
India’s gold market showed mixed signals in May 2024, with gold prices climbing over 30% year-to-date despite a temporary pause in May. While jewelry sales slowed after the wedding season, physical gold investments remained strong, and gold-backed lending surged 120% year-over-year. Gold ETFs returned to positive territory with modest inflows…
Wealth Managers Bet on Gold, Japan, and Emerging Markets Over US Assets
Wealth management firm Brown Shipley is repositioning portfolios away from US assets, citing concerns about political uncertainty, a $1.83 trillion budget deficit, and slowing growth. The S&P 500’s 5.7% decline this year has underperformed other markets, prompting a strategic shift. The firm is now overweight in three key areas: gold…
Schiff: Why Gold Is Still King
Schiff: Why Gold Is Still King Via SchiffGold.com, While gold has been used to hoard wealth since the beginning of history, many mainstream experts still deride it in favor of nearly any newly invented investment opportunity… Financial advisors only suggest that gold should make up under 10% of an individual’s portfolio. Independent individual investors, dark money, and […]
Gold Follows Historical Patterns: Next Stop Could Be $5,300 After Healthy Correction
Gold has been consolidating in a healthy pattern after reaching new highs, and this pause may continue for another month or two. The article identifies gold’s current move as the third major breakout in its history, following the 1972 breakout from a 100-year base and the 2005 breakout above $500….
Gold Heads for Monthly Low After Fed Meeting Dampens Rate Cut Hopes
Gold prices dropped 2.5% this week, heading for their worst weekly performance in over a month. The decline came after the Federal Reserve signaled fewer interest rate cuts ahead and as tensions between Israel and Iran appeared to ease temporarily. President Trump said he’ll decide within two weeks whether the…
NIRP Is Back As Swiss National Bank Cuts Rates To Zero, Introduces Stealth Negative Rates
NIRP Is Back As Swiss National Bank Cuts Rates To Zero, Introduces Stealth Negative Rates Five years after covid sparked a once in a generation inflationary surge and forced all central banks to push their interest rates well above the zero (and in some cases negative) lower bound which defined the post-QE era, overnight the […]
Silver’s Explosive Setup: Why This Rally Could Be Your Last Chance
Silver just did something it rarely does — outperform gold while staying completely under the radar. If you’ve been following the precious metals market, you know this is unusual. Gold typically leads, silver follows. Gold gets the headlines, silver gets ignored. But right now, something different is happening. And according…
Interest Rates Unchanged: Fed Waits for Clarity on Tariffs and Global Tensions
The Federal Reserve announced Wednesday that it will maintain its current benchmark interest rate, marking the fourth straight meeting without a rate change. This decision keeps borrowing costs high for American consumers and businesses. The Fed is holding off on any rate adjustments while it gathers more data on how…
Silver Hits 14-Year Peak as Middle East Tensions Drive Safe-Haven Demand
Markets are experiencing volatility as Middle East tensions rise between Israel and Iran, prompting investors to move away from risky assets. Silver has reached its highest price since February 2012, driven by strong demand from green energy and tech sectors. Meanwhile, Reddit shares continue climbing after launching new AI advertising…
“Stupid” Powell Does Not Cut Rates (As Expected) Despite ‘Diminished Uncertainty’, Worse Stagflation
“Stupid” Powell Does Not Cut Rates (As Expected) Despite ‘Diminished Uncertainty’, Worse Stagflation Tl;dr: The Fed held rates flat as expected, which will likely upset Trump even more, amid growing fear of stagflation. The Fed did not shift its view of (median) rate-cut expectations for 2025 despite calling for higher unemployment, higher inflation, and weaker […]