Middle East Tensions Rise: Recent Strikes Near U.S. Base in Syria Escalate Ongoing ConflictThe recent strike near a U.S. base in Syria resulted in the death of six members of a U.S.-allied militia, highlighting the ongoing challenges faced by Washington in managing conflicts in the Middle East. This incident follows a series of U.S. airstrikes targeting Iran-allied militia sites, demonstrating the persistent tensions and the difficulties in containing […] READ MORE Incrementum: Monthly Gold Compass February 2024Incrementum shares the Monthly Gold Compass February 2024 report. READ MORE Emerging Market Debt Issuance Hits Record High in JanuaryJanuary saw a record issuance of sovereign debt from emerging markets, led by countries like Saudi Arabia, Mexico, and Hungary. However, this surge contrasts with stagnant flows into dedicated emerging market debt funds. Year-to-date, investors pulled about $1.6 billion out of dedicated emerging market hard-currency funds, according to Morgan Stanley data. That follows outflows of […] READ MORE Bonds Fall After ‘One-Two Punch’ of ISMRecent reports reveal a mixed bag for the bond market. While fears of a severe credit crunch have not materialized, high borrowing costs continue to challenge households. The Fed’s rate hikes have pushed interest rates to two-decade highs, yet the economy shows remarkable resilience. READ MORE Dow and S&P 500 Dip Amid Rising Treasury Yields and Rate Cut SpeculationsOn Monday, the stock market experienced a downturn, with the Dow Jones Industrial Average falling 274.30 points (0.71%) to 38,380.12, and the S&P 500 declining 0.32% to 4,942.81, retreating from its recent record high influenced by Big Tech gains. The Nasdaq Composite also saw a slight decrease of 0.2%, closing at 15,597.68. This downward movement […] READ MORE De-Dollarization Accelerates as 20 Nations Sign On to Russian Financial SystemIn a significant move towards de-dollarization, 20 nations have joined the Russian Payment System as part of the BRICS alliance’s efforts to reduce reliance on the US dollar. This step aligns with the BRICS group’s broader strategy to challenge Western financial dominance. Russia’s System for Transmitting Financial Messages (SPFS), serving as an alternative to the […] READ MORE Venezuela's Gold Reserves Plunge Over 11% Amid Economic ChallengesIn 2023, Venezuela’s central bank reported an 11.5% decline in its gold reserves, totaling 61 metric tons, a decrease reflected in the reserves’ value, which dropped to $3.8 billion, $71 million less than the previous year. The central bank, without specifying causes for this decline in its announcement, noted the average gold price on its […] READ MORE Record High Credit Card Debt Strains American Finances Amid InflationA growing segment of Americans, particularly those in lower- and middle-income brackets, have depleted their savings and accrued substantial credit card debt due to persistent inflation over the last two years. This financial strain is exacerbated for those also juggling student loan repayments, raising concerns about worsening financial health. Credit card debt in the U.S. […] READ MORE Gold's Chart Tells a Bullish Tale, Yet Investor Confidence Remains ShakyGold’s price charts are exhibiting bullish trends, with prices not only maintaining above the long-term moving average but also marking the highest weekly closing prices in recent history. This pattern, featuring a series of reversals over the last 3.5 years all above the long-term moving average—which itself is on an upward trend—indicates strong bullish momentum. […] READ MORE « Previous 1 … 43 44 45 46 47 … 62 Next »
