Kitco News
(Kitco News) – In just 24 hours, gold managed to lose nearly $100 after the Federal Reserve signaled higher inflation and updated its dot plot projections, showing a possibility of two rate hikes as soon as 2023.
The post Why is gold down nearly $100 after Fed shakes up markets? appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The Federal Reserve has created some panic selling in the precious metal markets after its economic projections Wednesday showed the potential for two rate hikes in 2023. However, one market strategist said that investors are overreacting to the estimates.
The post Is this time to buy? Gold price down 4% as investors panic – State Street Global Advisors appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Vista Gold (NYSE American and TSX: VGZ) announced Thursday that it has received the Aboriginal Areas Protection Authority (“AAPA”) Certificate and Surface Water Extraction License from the Northern Territory Government for the company’s 100% owned Mt Todd gold project located in Northern Territory, Australia.
The post Vista gets additional permits on its way to start gold mining in Australia appeared first on WorldSilverNews.
Wall Street Silver
Thu, 06/17/2021 – 04:22
FoxBusinessNews/Justin Haskins/6-12-2021
“Undoubtedly, some Americans will find these programs appealing, but what most of the country will not want to hear is that Biden has absolutely no way to pay for his incredibly expensive plan, and that its costly provisions could result in a large-scale economic crash.”
USAGOLD note: Haskins runs through some of the potentially catastrophic consequences associated with the print and spend policies of the Biden administration.
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.