Bitcoin daily chart alert – Bulls gain foothold, more work to do – May 5
Kitco News (Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday, following solid gains posted Wednesday. The post Bitcoin daily chart […]
Month: May 2022
Gold rises against British pound as BOE raises interest rates for fourth time
Kitco News (Kitco News) – Spot gold against the British pound is pushing higher after the Bank of England raised interest rates to its highest […]
Silver X Mining To Attend May – GuruFocus.com
Silver X Mining To Attend May GuruFocus.com
Silver Price Analysis: Weekly support line tests XAG/USD sellers above $22.00 – FXStreet
Silver Price Analysis: Weekly support line tests XAG/USD sellers above $22.00 FXStreet Gold silver prices down more than 2% as perfect storm hits commodity markets Kitco NEWS […]
The Federal Reserve’s biggest mistake: It keeps failing to expect the unexpected
MarketWatch/Robert Brusca/5-4-2022 “Last year, when inflation rose, the Federal Reserve not only did not expect it — it denied its existence. Denial gave way eventually […]
Faber says we are already in a recession caused by ‘colossal wealth destruction’
GloomBoomDoom Report/Marc Faber/5-1-2022 “From the November 2021 high, the S&P is “only” down 12%, but the NASDAQ 100 Index is down 22% and the NYSE […]
Following the Fed’s Hike, Which Markets Have Legs?
Markets responded to the Federal Reserve’s widely anticipated 50 basis-point rate hike yesterday by rallying. Investors breathed a sigh of relief when Fed chairman Jerome […]
Trade Deficit Explodes 22.3% MoM and 53.8% YoY
The March trade deficit came in at -$110B. This obliterated the February record trade deficit of $90B. As the chart below shows, the trade deficit […]
Buckle Up for a Crashing Economy and More Inflation
Jerome Powell began hinting that inflation might be a problem last August. In November, Powell retired the word “transitory.” But here we are in May […]
The Fed Takes a Weak Swing at Inflation
The Federal Reserve came through with the second rate hike of this tightening cycle, bumping up the Fed Funds rate by 0.5%. It was the […]