Latest News and Articles
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Uncertainty: Deadly for Markets and Not Likely to End Any Time Soon
Written by: Steven Feldman, CEO Hard Assets Alliance At this juncture in our global economic landscape, I find myself increasingly selective about which financial news sources I trust. Bloomberg and Financial Times have emerged as my primary mainstream reads, largely because they maintain a refreshing absence of political bias in their reporting. Their recent analyses
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Gold Market Report – June 12, 2024
Overnight: Gold was quietly steady with other markets last night, awaiting the double whammy of today’s US CPI Report this morning, followed by the FOMC announcement / Powell Presser in the afternoon. The yellow metal was confined to a very narrow $7 range between $2311 – $2318, with a slightly down bias from the $2317
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Gold Market Report – June 11, 2024
Overnight: Activity was light last night in all financial markets awaiting the release of the US CPI tomorrow morning and results of the FOMC meeting and Powell Presser tomorrow afternoon. Gold was a little choppy but directionally lower and was confined to a range of $2298 – $2312. However, the dip below $2300 was well
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Gold Market Report – June 10, 2024
Overnight: Gold posted a modest rebound last night after Friday’s $80+ tumble from the news that the PBOC didn’t add to its gold reserves for the first time in 18 months, and the robust US Payroll Report that slashed hopes for early and deep Fed cuts to the funds rate. After revisiting Friday’s $2287 low,
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Estate and Trust Accounts with Precious Metals – A Guide to Future-Proofing Your Wealth
Throughout history, no fiat currency has ever endured indefinitely. The currencies of even the most powerful empires — the Roman Denarius, the French Livre, the German Papiermark — all succumbed to inflation, eventually becoming worthless. The same pattern is true today. Since the dollar stopped being backed by gold, it has lost 98% of its
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Gold Market Report – June 07, 2024
Overnight: After edging up to a high of $2388 during early Asian hours against early US dollar weakness (DX dip to 104) gold plunged. It broke support at $2350-53 (6/6 low, options), $2342(50day MA) fell to $2332 where support there ($2332-34, 5/13, 5/14 lows) held. It fell on the report that China’s Forex Reserves showed
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The Dual-Value Proposition of Silver: Stability and Speculative Gains
Dare to Diversify: The Compelling Case for Long Term Silver and a Side of PopBunker Hunt was a Texas oil tycoon with a larger-than-life persona and an ambition to match. Bunker, along with his brother Herbert, attempted what no one else dared: they set out to corner the global silver market. Born in 1926 into