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The Latest Inflation Breakdown

Americans plagued by surging prices over the past 20 months continue to face strain as the cost of meeting everyday necessities remains stubbornly high.   The Labor Department said Tuesday that the Consumer Price Index (CPI), a broad measure of the price of everyday goods, including groceries, gasoline, and rent, rose 0.4% in February from [...] READ MORE

Gold’s Rally Leaves Some Market ExpertsBaffled

The gold price hit nearly $2,195 per troy ounce on Friday © Bloomberg The price of gold has surged 7 per cent in just over a week to hit record highs, leaving longtime market watchers struggling to explain what has been one of the yellow metal’s most curious rallies.   The sudden price move has [...] READ MORE

Gold Retreats from All-Time Highs as Traders Eye UpcomingU.S. Inflation Data

Investing.com-- Gold prices fell in Asian trade on Tuesday, retreating from record highs as traders lock-in some profits ahead of key U.S. inflation data that is widely expected to factor into the path of interest rates.   Growing bets on interest rate cuts by as soon as June, coupled with increased safe haven demand, saw [...] READ MORE

Record Inflows Catapult Bitcoin Near All-Time Highs

(Bloomberg) -- Bitcoin rose to a record for the third time in five days before traders appeared to take the opportunity to realize some of the recent gains.   The original cryptocurrency reached an all-time peak of $72,968 on Tuesday, before pulling back below $70,000. The fresh highs were reached in the wake of a [...] READ MORE

CPI Up 0.4% in February, a 3.2% Increase From a YearAgo

KEY POINTS The consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago. The monthly measure was in line with expectations while the 12-month reading was slightly higher. The core CPI rose 0.4% on the month and was up 3.8% on the year. [...] READ MORE

Best Places to Hide Gold and Silver at Home

For gold and silver bullion buyers, the question arises of where to keep your gold and silver. Taking physical delivery of your gold or silver is often the most rewarding part of the purchasing experience, as it gives you, the bullion investor, a fuller understanding of the real value of tangible monetary assets.   But [...] READ MORE

Oil Prices Tread Water as Market Anticipates US InflationInsights

(Bloomberg) -- Oil was little changed as traders wait to see if a week of key data inputs can break the market from its recent torpor.   Western Texas Intermediate futures edged lower to settle just shy of $78 a barrel after earlier dropping to the lowest intraday price in two weeks. Investors are watching [...] READ MORE

The Commodities Feed: Gold Nears $2,200/oz

In light of shifting monetary policy expectations, gold prices have soared, nearly touching the $2,200 per ounce mark. This recent surge, culminating in almost a 5% increase last week alone, has been propelled by a series of record highs over four consecutive sessions. The unexpected rise in the U.S. jobless rate has fueled speculation that […]

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ZeroHedge: $1 Trillion Per 100 Days

With a stunning trillion dollars added to the national debt in only three months, projected to reach an incomprehensible $54 trillion within 10 years, and America’s interest payments on track to exceed defense spending next year, the question must be asked: How much longer can the debt bubble go?   It’s a curious situation when [...] READ MORE