Month: August 2022
- Gold Rises as Traders Await Key Speech by Powell for Rate Clues Bloomberg
- Gold futures finish modestly higher as investors await clues from Powell speech at the Jackson Hole symposium MarketWatch
- Gold steadies as dollar stalls; focus on Jackson Hole event CNBC
- Gold range-bound as investors wait for Fed chairs speech at Jackson Hole Business Standard
- Gold slips as dollar firms; focus on Jackson Hole symposium ZAWYA
- View Full Coverage on Google News
The Bear And The Gold Bull – Forbes
Money Supply growth was positive in July at $42B but sits well below the $161B seen last year. As the chart below shows, Money Supply growth has collapsed since February. Last year started with 5 straight months above $200B whereas 2022 has only seen one month above $100B and that was January. Figure: 1 MoM […]
The post 13-Week Money Supply Growth Hits Multi-Decade Low first appeared on SchiffGold.
President Biden is expected to announce student loan forgiveness on Wednesday (Aug. 24). The plan will reportedly cancel $10,000 in student loan debt for anybody making less than $125,000 per year. A lot of people think this is like waving a magic wand — poof — the debt is gone. But somebody has to pay […]
The post Somebody Has to Pay for Student Loan Forgiveness first appeared on SchiffGold.
In yet another sign the economy is tanking, private-sector business activity contracted for the second straight month in August. The S&P Global flash composite purchasing managers index (PMI) dropped to 45 this month from a reading of 47.3 in July. A print below 50 indicates a contraction in economic activity. The consensus forecast was for […]
The post Private Sector Business Activity at Lowest Level Since COVID Lockdowns first appeared on SchiffGold.