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Gold, silver feeling the pressure from hawkish central banks

Gold and silver prices are modestly lower in midday U.S. trading Tuesday. Hawkish monetary policies from the U.S. Federal Reserve and other major central banks of the world have cast a pall over the stock and financial markets at present, but have boosted U.S. Treasury yields and the U.S. dollar index—both of which are competing assets with the …

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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” …

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Dow up 1% as stock market reads August jobs report as a ‘Goldilocks’ story

Energy stocks are the best performers in the S&P 500 index How stocks are trading The Dow Jones Industrial Average DJIA advanced 332 points, or 1.1%, to 31,999. The S&P 500 SPX was up 45 points, or 1.2%, to 4,015. The Nasdaq Composite COMP climbed 135 points, or 1.2%, to 11,922, on track to snap a five-day losing streak. The Dow …

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Markets are wrong about Fed pivot; Powell will keep raising rates, and a year-long recession will ensue

Despite a poor performance over the year, stock markets have rallied recently, with the S&P 500 up by 8.8 percent over the last month. This is partly due to expectations that the Fed will pause with its tightening cycle, or pivot and start reducing rates early next year. Danielle DiMartino Booth, Founder and CEO of …

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Gold’s Fed-induced short squeeze has disappeared

Market analysts started the week talking about the Federal Reserve potentially pivoting next month on its monetary policy. Those expectations were wiped off the board with just one data point. Data from the U.S. Labor Department showed that more than 500,000 jobs were created in July, significantly beating market expectations. Heading into the report, economists …

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A recession is here and is deepening; This is how investors can make gains

As the Federal Reserve prepares to raise rates on July 27th to fight high inflation, some analysts are forecasting a recession. Alfonso Peccatiello, Author of The Macro Compass, is one of them. Speaking with David Lin, Anchor and Producer at Kitco News, Peccatiello said that “we are literally in a recession.” A recession is often defined …

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The Fed will get more hawkish, but cannot cool inflation; Why $5K gold is coming

  The Federal Reserve is expected to turn more hawkish. Markets are pricing in a 75 bps increase at the next FOMC meeting, as opposed to a 50 bps rise. Rob McEwen, Chairman and Chief Owner of McEwen Mining Corp, agrees with the market’s sentiment. However, even with more rate hikes and quantitative tightening, he …

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