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Beware of Synthetic Gold!

  Discover the truth behind HSBC’s claim of tokenizing gold with Mike Maloney and Alan Hibbard. In this eye-opening discussion, they dissect the fine print of HSBC’s gold investment scheme. Learn why this supposed innovation might not be what it seems, the limitations investors face, and the significant risks involved. If you’re considering investing in [...] READ MORE

Gold hits record highs on safe-haven demand, US rate cut bets

Production of gold at Krastsvetmet precious metals plant in Krasnoyarsk (Reuters) - Gold prices hit a record high on Thursday, and logged their best month in over three years, propelled by U.S. interest rate cut expectations and strong safe-haven demand.   Spot gold gained 1.2% to $2,220.85 per ounce as of 1:50 p.m. EDT (1750 [...] READ MORE

Fed’s Waller still sees ‘no rush’ to cut rates amid sticky inflation data

Federal Reserve Board Governor Christopher Waller poses before a speech at the San Francisco Fed, in San Francisco, California, U.S., March 31, 2023. NEW YORK, March 27 (Reuters) - Recent disappointing inflation data affirms the case for the U.S. Federal Reserve to hold off on cutting its short-term interest rate target, Fed Governor Christopher Waller [...] READ MORE

A Closer Look at HSBC’s New Gold Token

For over a decade, GoldSilver has championed the truth behind inflation — a truth now gaining recognition across mainstream media. A recent Forbes article echoes what Mike has long warned us about: the figures we’re shown barely scratch the surface of the true effect of inflation. In another groundbreaking development, HSBC's announcement of a new [...] READ MORE

Fed’s Powell Ready to Support Job Market, Even If It Means Lingering Inflation

Inflation has eased “notably in the past year but remains above our longer-run goal of 2%,” Federal Reserve Chair Jerome Powell said to reporters in Washington. The FOMC left the benchmark federal funds rate in a range of 5.25% to 5.5%.Source: Bloomberg Fed chief says ‘unexpected’ weakening could prompt rate cuts Fed shift is good [...] READ MORE

CEOs Rank National Debt as the Top Geopolitics Threat in 2024

National Debt news headline on cash (zimmytws/zimmytws - stock.adobe.com) The global economy’s continued challenges, including rising operating costs; labor challenges; trade tensions between the U.S., China and Europe; wars in the Middle East and Ukraine; threatening events in the Pacific; and political uncertainty in Latin America all make for a volatile and unsettling global picture [...] READ MORE

30-Year Fixed Mortgage Back Near 7%: Mortgage Interest Rates Today for March 25, 2024

Experts say the housing market likely won't see more affordable mortgage interest rates for a while.   Current mortgage interest rates If you’re in the market for a home, here are today’s mortgage rates compared to last week’s.   Mortgage rates change every day. Experts recommend shopping around to make sure you’re getting the lowest [...] READ MORE

Federal Reserve expected to cut rates, lift Biden’s prospects

FILE PHOTO: U.S. President Joe Biden visits the Intel Ocotillo Campus, in Chandler WASHINGTON (Reuters) - The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season heats up, potentially delivering President Joe Biden a boost as polls show Americans dislike his handling of the economy.   The Fed could [...] READ MORE

Iran’s currency hits a record low

TEHRAN, Iran (AP) — Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year.   On Sunday, people were trying to exchange rials for foreign currency at Tehran’s main hub of exchange shops in Ferdowsi Street, but most were closed due to [...] READ MORE