We bought gold for our own account and for our clients back in 2002 at $300. At that time gold was unloved and undervalued. That is of course the best time to get into a long-term strategic investment. But it was never our intention to buy gold as an investment. No, we bought gold because we had evaluated economic and financial risk in the world economy and came to the conclusion that it was un... read more
NEW YORK (Reuters) - Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of April, according to U.S. Treasury Department data on Wednesday, as investors priced in a few more rate increases by the Federal Reserve this year.
Foreigners sold $74.6 billion in U.S. Treasury debt in the month, after purchases of $23.6 billion in March. April's outflow was the la... read more
U.S. Economy - Public DomainYou are about to see undeniable evidence that the U.S. economy has been slowing down for quite some time. And it is vital that we focus on the facts, because all over the Internet you are going to find lots and lots of people that have opinions about what is going on with the economy. And of course the mainstream media is always trying to spin things to make Bara... read more
Gold jumped to its highest in nearly two years on Thursday, after the U.S. Federal Reserve indicated it could be less aggressive in tightening monetary policy next year.
Spot gold had climbed 1.7 percent to $1,312.55 an ounce by 0648 GMT, after touching its highest since August 2014 at $1,313.60.
U.S. gold rose 2.2 percent to $1,316.30, after marking its strongest level since last August... read more
The numbers are daunting if not shocking: $12.3 trillion of money printing, nearly $10 trillion in negative-yielding global bonds, 654 interest rate cuts since Lehman Brothers collapsed in 2008.
Those actions have resulted in global growth in advanced economies that likely won't eclipse 2 percent this year, inflation levels that remain well below targets and a burgeoning global debt probl... read more
Gold futures were little changed in European trade on Wednesday, after climbing to a six-week high in the prior session, as investors looked ahead to the conclusion of the Fed meeting and the U.K. vote on whether to leave the European Union.
While the Fed is widely expected to leave interest rates unchanged at the conclusion of its policy meeting at 18:00GMT, or 2:00PM ET, Wednesday, th... read more
With the war in the gold and silver markets continuing to rage, today a 50-year veteran told King World News that the future is frightening but fortunes will be made.
John Embry: “Eric, as far as I can see the markets in North America remain in lockdown. With interest rates on the U.S. 10-Year declining noticeably recently, I find it bizarre that the overpriced stock market continues to... read more
Gold futures finished higher on Tuesday as investors sought the relative safety of haven assets ahead of next week’s “Brexit” referendum and a tandem of closely watched central-bank meetings.
Gold futures had struggled to find direction during the session, weaving between losses and gains, as the U.S. dollar strengthened before Wednesday’s decision on interest rates from the U.S. Fed... read more
