Learn

Dollar strengthens after big shift in global rate outlook

Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights Summary Dovish tilt seen by central banks after Swiss rate cut Interest rate advantage gives dollar broad support Dollar/yen earlier in week tested intervention level of 2022   NEW YORK/LONDON, March 22 (Reuters) - The dollar headed [...] READ MORE

Kazakhstanis Keeping Less Foreign Currency, Buying More Gold

The National Bank of Kazakhstan counts the country’s gold and foreign exchange reserves in February 2024 at $36.1 billion, financial news outlet LS reports. In 2014 this indicator was at $26.05 billion, meaning that over the past 10 years the volume of gross international reserves has increased by $10 billion (+38.6%).   Over the past [...] READ MORE

SAXO BANK: GOLD IS READY TO RISE

How to invest/trade gold: Physical gold: Purchasing physical gold in the form of jewellery, coins, or bars provides direct exposure to the metal but involves considerations such as secure storage, insurance, and higher trading costs.   Gold ETFs/ETCs: Exchange-traded funds or commodities offer a convenient way to invest in gold without holding physical metal. These [...] READ MORE

Fed’s dovish pivot ‘inertia’ may spell trouble for long-term bonds, BlackRock says

The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. NEW YORK, March 21 (Reuters) - Longer-term U.S. Treasuries could be vulnerable if the Federal Reserve's outlook on interest rate cuts is challenged by stubborn [...] READ MORE

Gold takes a breather after record, Fed-fuelled rally

Summary Dollar regains ground after slipping to 1-week low Fed still sees 3 rate cuts in 2024 Gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. An employee takes granules of 99.99 percent pure gold in a workroom at the Novosibirsk precious [...] READ MORE

Price Inflation Accelerates for Second Month as Biden Blames “Greed”

According to the Bureau of Labor Statistics' latest price inflation data, CPI inflation in February accelerated for the second month in a row, and price inflation hasn't proven nearly as transitory as the regime's economists have long predicted.   According to the BLS, Consumer Price Index (CPI) inflation rose 3.2 percent year over year during [...] READ MORE

S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap

S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap (Bloomberg) -- The relentless rally in stocks powered ahead on optimism the Federal Reserve will be able to engineer a soft landing, which would bolster the outlook for corporate earnings.   A fresh bout of risk-taking drove the S&P 500 to its 20th [...] READ MORE

Why I Took Physical Delivery of My Tesla Stock Certificates

  Join Mike Maloney in this revealing video as he shares his personal journey of taking physical delivery of his Tesla stock certificates. Delve into his concerns about the financial system's complexities and the potential implications for investors. Discover the intricate process he navigated, from contacting brokers to finally holding tangible assets. Gain insights into [...] READ MORE

Turks pile into the dollar, gold and stocks as 67% inflation savages ‘worthless lira’

Istanbul/London(CNN) - Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men are packed together, shouting, waving, and frantically speaking on their phones, others nervously pacing.   This “standing market” — a low-rent version of a chaotic stock exchange floor — is where Istanbul’s traders come to deal in precious [...] READ MORE