Gold hit an 11-week high, opening Monday at $1,223.50 and climbing steadily all morning. By the afternoon, it had risen another $12. Interest in gold was spurred by a weak dollar and last week’s mixed US jobs numbers that “muted expectations for near-term interest rate hikes,” according to Reuters.
Greg Mannarino Warns This Is What's Next:
A Financial Fire Is Coming. Which Assets Might Remain On The Other Side?
What mega-forces will drive precious metals in 2017, as the "Unstoppable Force" of China meets the "Immovable Objects" erected by Trump?
Gold and silver have started the new week how they ended the last one: higher. Last week saw silver extend its bullish run for the sixth straight week
Grant is concerned that a return of volatility will act as a wrench tossed into the gears, quickly throwing the world financial system into panic.
The European Central Bank rejected U.S. accusations of currency manipulation on Monday and warned that deregulating the banking industry, now being openly discussed in Washington, could sow the seeds of the next financial crisis.
That didn’t take long. After little more than two weeks, President Donald Trump’s honeymoon with Wall Street appears to have been put on hold—for the moment, at least—with major indices making only tepid moves since his January 20 inauguration.
Whether economic conditions turn out to be good or bad in 2017, the truth is that each one of us should be trying to do what we can to get out of debt.
There is little doubt currently that complacency reigns in the financial markets. Nowhere is that complacency more evident than in the Market Greed/Fear
The question of a euro exit has also flared in Italy, where the Five Star Movement -- which is running close to the leading Democrat Party in polls
Trump proves he is a tool for Wall Street after all.
This historical chart and analysis shows you what happens to the gold price in a recession. You’ll see it pays to own gold in a recession.
An analysis of the political setup in Italy shows eurosceptics are on the verge of taking control of the country.
Greece wasn't always bankrupt...
Created to Save the Financial System, Are Themselves on Verge of Collapse
The Federal Reserve is putting a bigger focus on commercial real estate in its annual "stress test" of how well the largest U.S. banks would fare in another financial crisis.
Gold futures surged to the highest in more than two months as investors grow wary about the possible impact of U.S. President Donald Trump’s domestic and international policies.
Price of plunge protection rising even as VIX remains low
“This is Unacceptable” The Trump team wasted no time in telling Fed Chair Janet Yellen what is and is not acceptable.