IMF Cautions Against Premature Rate Cuts by Central BanksThe International Monetary Fund (IMF) has issued a warning against hasty rate cuts by central banks, arguing that premature easing could jeopardize global economic stability. This cautionary stance reflects concerns over the delicate balance between stimulating growth and controlling inflation, as economies worldwide navigate the complexities of post-pandemic recovery and geopolitical uncertainties. READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing ExpectationsIn January, the U.S. economy showcased its resilience by adding 353,000 jobs, significantly surpassing the Dow Jones estimate of 185,000. Meanwhile, the unemployment rate remained steady at 3.7%, defying expectations of a rise to 3.8%. Remarkably, average hourly earnings surged by 0.6% for the month, doubling the forecast and indicating a year-over-year wage increase of […] READ MORE The Asset that Soared 100X Past GoldEveryday people willingly spend years of their earnings on a mundane object in one of the first market manias in history… READ MORE January 2024: Europe's Record-Breaking Bond SalesJanuary 2024 saw Europe’s bond market shatter records, with over €350 billion in new debt sold. Public sector issuances, particularly from sovereigns, accounted for a staggering 55% of this total, highlighting a bumper month supported by a rush to secure yields before expected central bank rate cuts. Countries like Italy, Spain, France, and Germany led […] READ MORE Gundlach Skeptical of 'Goldilocks' Economy, Foresees RecessionJeffrey Gundlach, CEO of DoubleLine Capital, expressed skepticism towards the optimism of a “Goldilocks” economy—a scenario where conditions are just right for growth without triggering inflation. Speaking on CNBC’s “Closing Bell,” Gundlach voiced his concerns that such a perfect balance is unrealistic, especially after Federal Reserve Chair Jerome Powell’s recent remarks, which Gundlach interprets as […] READ MORE WGC: Gold Demand to Hit Record With Central-Bank BuyingGold demand reached an all-time high last year and is poised for further growth in 2024, fueled by anticipation of US Federal Reserve interest rate cuts, as reported by the World Gold Council (WGC). In 2023, overall gold consumption surged by approximately 3% to 4,899 tons, marking the highest level recorded since 2010. This increase […] READ MORE Towards Global De-dollarization: Iran Advocates for BRICS Digital Currency in 2024Iran has positioned itself at the forefront of a significant move within the BRICS economic alliance, advocating for the creation of a BRICS digital currency in 2024 as a strategic step towards reducing global reliance on the US dollar. Throughout 2023, the BRICS nations have collectively focused on de-dollarization, alongside efforts to develop a native […] READ MORE LBMA: 2024 Precious Metals Analysts' ForecastsTake a look at the analysts’ individual forecasts and commentary, revealing their insights behind their forecasts for highs, lows, and average prices for gold, silver, platinum and palladium. READ MORE Sprott Money: Gold is About to Break OutIn Sprott Money’s upcoming Monthly Wrap-Up video, Craig Hemke and Andrew Maguire will provide a comprehensive analysis of the economic outlook for February, focusing on three critical areas that could influence the trajectory of precious metal prices. They will discuss the impact of geopolitical events, such as political unrest, conflicts, and trade tensions, on investor […] READ MORE « Previous 1 … 46 47 48 49 50 … 62 Next »
