fbpx

gold coins

Stock market losses wipe out $9 trillion from Americans’ wealth

Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending. Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year, according …

Stock market losses wipe out $9 trillion from Americans’ wealth Read More »

Gold falls to 2 1/2-year low as dollar extends rise

Gold tumbled to a 2½ year low on Monday as the 10-year Treasury yield climbed to its highest level since 2010, and the dollar advanced to fresh 20-year highs. Price action Gold futures for December delivery GC00, -0.28% GCZ22, -0.28% fell $2.10. or 0.1%, to $1,653.50 per ounce on Comex after trading as low as $1,633.80. Prices for the most-active …

Gold falls to 2 1/2-year low as dollar extends rise Read More »

The ‘biggest crash in history’ is here – should you protect yourself with gold, silver, and livestock? – Robert Kiyosaki

he S&P 500 has lost 18 percent of its value over the year, and it is only going to get worse, according to Robert Kiyosaki, best-selling author of the Rich Dad, Poor Dad series. Kiyosaki suggested that investors protect their portfolios with “hard assets” like gold, silver, and livestock, as the “biggest crash in history” …

The ‘biggest crash in history’ is here – should you protect yourself with gold, silver, and livestock? – Robert Kiyosaki Read More »

Gold ends lower as August inflation surprise feeds likelihood of higher U.S. interest rates

Gold and silver prices ended lower on Tuesday as U.S. inflation for August came in surprisingly strong, raising the likelihood for further increases in interest rates, and causing the dollar to rise and short-term Treasury yields to reach fresh 14-year highs. Price action Gold futures GCZ22, -1.55% GC00, -1.55% for December delivery fell $23.20, or 1.3%, to settle at $1,717.40 …

Gold ends lower as August inflation surprise feeds likelihood of higher U.S. interest rates Read More »

Silver prices see short squeeze, testing resistance near $20, up 6% on weak dollar

Solid selling pressure on the U.S. dollar has created a significant short squeeze in silver, as the marketing starts the week with a 6% rally. Silver is seeing a solid breakout move and, according to some analysts, could be in a position to push back above $20 an ounce, which has been an important psychological level …

Silver prices see short squeeze, testing resistance near $20, up 6% on weak dollar Read More »

Scroll to Top