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Gold

Gold & Silver “Sold” On Latest Inflation Report (It’s Another Scorcher!)

Prices on “all items”, with the exception of gold & silver, continue to skyrocket… (by Half Dollar) The Bureau of Lying Sadists Labor Statistics has just released the official inflation […]
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Gold

Everything that could go wrong in markets as free-money era ends

Bloomberg/Jack Pitcher, Alexandra Harris, and Alex McIntyre/5-9-2022

artistic ink rendering of black swan“The world’s most powerful central bank is about to find out how far it can squeeze financial markets before something breaks. Struggling to tamp down the most pervasive inflation in decades, the Federal Reserve delivered its biggest interest-rate increase since 2000 last week while outlining a plan to begin unwinding trillions of dollars in asset purchases that have kept world markets brimming with cash since the 2020 crash. Its peers will soon follow suit.”

USAGOLD note: Bloomberg polls traders, analysts, and money managers to come up with four sources of potential problems “keeping Wall Street worry warts on edge.” It warns that investors are in for a bumpy ride. We would add that any of the four problem areas covered could suddenly spin out of control inviting a black swan event.

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The stock market isn’t falling like it did in the 1970s. It’s even worse.

Barron’s-MarketWatch/Ben Levisohn/5-1-2022

“It was the worst first four months of the year for the stock market since the 1970s! No, the 1930s! Can’t we just say it was a really bad start to the year? ‘Bad’ might not do it justice. After dropping 3.3% this past week, the S&P 500 index has fallen 13% during the first four months of the year, its worst start since 1939.”

USAGOLD note: Much of it driven by inflation on the economic front, war on the political front, and a pandemic on the societal front. (Other than that everything seems to be moving along nicely.)

 

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Thai gold mine blamed for sickening local villagers is set to reopen – Mongabay.com

Thai gold mine blamed for sickening local villagers is set to reopen  Mongabay.com
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Gold

Investors Don’t See Light At End Of Elevation Gold Mining Corporation’s (CVE:ELVT) Tunnel – Yahoo Finance

Investors Don’t See Light At End Of Elevation Gold Mining Corporation’s (CVE:ELVT) Tunnel  Yahoo Finance
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Gold

Gold retreats as dollar resumes uptick; U.S. inflation data eyed – CNBC

  1. Gold retreats as dollar resumes uptick; U.S. inflation data eyed  CNBC
  2. Gold’s bearish momentum is fading, prices to hit $2050 after moving past this level – ANZ  Kitco NEWS
  3. Gold Price Forecast: XAU/USD aims towards the 200-DMA at around $1836 on mixed sentiment  FXStreet
  4. Gold ends at lowest in 3 months as stocks zigzag, dollar surges  MarketWatch
  5. How Will Gold Respond to a Tightening Cycle?  ETFdb.com
  6. View Full Coverage on Google News
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Gold

Gold price near steady, bulls still wobbly – Kitco NEWS

Gold price near steady, bulls still wobbly  Kitco NEWS
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Gold

Gold’s Strange Behavior Shows It’s No Haven – Articles – Advisor Perspectives

Gold’s Strange Behavior Shows It’s No Haven – Articles  Advisor Perspectives
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Gold

Astronomers find ‘gold standard’ star in Milky Way – Science Daily

Astronomers find ‘gold standard’ star in Milky Way  Science Daily
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Gold

Wallace State’s students earn record gold medals at state SkillsUSA competition, win 50 medals overall – The Cullman Tribune

Wallace State’s students earn record gold medals at state SkillsUSA competition, win 50 medals overall  The Cullman Tribune