The FED speaks: THE 25-BASIS-POINT HIKE IS NOT THE STORY The Federal Reserve has raised interest rates by 0.25 percentage point, taking the federal-funds target range to 3.75%–4.00%. The immediate effect is largely psychological. Markets react to the headline, algorithms react to the headline, commentators react to the headline, then
We have a two-week ceasefire in the Middle East. Within minutes, the ceasefire was broken by Iran. Shortly thereafter, there was a reaction by Israel. I am afraid that my confidence in the longevity of this ceasefire is tenuous at best. The markets, however, have reacted positively, for the time
There are too many inconsistencies in the stories being produced by the media and involved dealers who are caught short in the silver market. I see denials that there is any shortage of silver by so called reputable market makers. I have watched the western markets trade at around $72.00,
The signs of the US economy being in trouble keep popping up their heads. The narrative of the economy being strong does not resonate with me. The speed at which it is slowing is concerning. The results will lead to massive political propaganda, once again telling us how strong the
Ben Garrison’s cartoon is not so funny. It depicts the dollar being trampled by gold, silver, stocks, and bitcoin. At this time, I concur with his sentiment. We deal in gold and silver on a daily basis. We contact the mints and the markets continually. Obtaining the client’s metal requirements
In order to maintain growth in any portfolio, one needs to continually reevaluate the state of the market and where the best-performing assets are. Regarding the evaluation of the market, one of the indicators that can be used is the Buffett Indicator. In order to calculate the number, one takes
Well, despite the torrential speculation of a revaluation of the gold price, MY AI says the following. Is it the smartest? Who knows? What Does “Gold Price Revaluation” Mean? A gold price revaluation refers to the adjustment of the official (accounting) value of national gold reserves to reflect current market
Gold and silver are certain to be the saviours of the financial system as chaos reigns in the financial markets. Interest rate fights, President Trump against Jerome Powell, bond markets uncertain as a result. Stock prices being pushed this way and that. Gold and silver will once again have to
Constantly on my screen in front of me, I have the weekly chart of gold and silver. The daily chart tends to create anxiety as the moves appear large relative to the previous day’s move. The monthly chart is great for longer term trades but does not really give sufficient
Everyone has an opinion. Thank goodness. This is how markets are made. If we are fortunate, or trained, or have a system, or are sufficiently experienced, we hope to get more than half of the calls correct. Reading the economic tarot cards becomes more difficult as the markets become more
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