Silver Price Daily Forecast – Silver Rebounds Back Above $25.80 Yahoo Finance
Month: July 2021
Silver Price Forecast – Silver Markets Recover Ever so Slightly Yahoo Finance
Financial Times/Martin Arnold/6-28-2021
“The head of Germany’s central bank [Jens Weidemann] has called for the European Central Bank’s pandemic-related bond purchases to be ‘reduced step-by-step’ and warned that inflationary pressures are mounting in the eurozone.”
USAGOLD note: Inflation pressures are mounting everywhere. Jens Weidemann’s warning came public the same day German import prices posted their biggest increase in 40 years. His suggestion to cut back bond purchases in the Eurozone is about as likely to fly as similar appeals in the United States.
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Bloomberg/Saleha Mohsin/6-28-2021
“Rubin, who served in the Clinton administration, also said ex-Obama administration adviser Larry Summers has done “a great public service” by ringing alarm bells that the recent spike in prices may fail to dissipate amid trillions of dollars in pandemic-relief spending.”
USAGOLD note: The highly respected former Treasury Secretary, Robert Rubin, joins the list of notables warning that inflation might go beyond being transitory.
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
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