60% market crash, governments seizing your money, shortage of food: Todd Horwitz's scary view The Federal government of Canada recently invoked the Emergencies Act for the first time in Canadian history in response to the trucker protest in Ottawa. Todd Horwitz, chief market strategist of BubbaTrading.com told David Lin that the stripping away of personal […]
Potential de-escalation with Russia – Ukraine takes gold to lower pricing Precious metals across the board sustained moderate to strong price declines in light of recent news suggesting that the geopolitical tension between Russia and Ukraine has begun to de-escalate. Recent news indicated that some Russian troops that were positioned near the border of Ukraine […]
Gold is more than just a safe-haven asset and can fit in all portfolios – WGC's John Reade Safe-haven demand is pushing gold prices to a three-month high but will rising geopolitical tensions create a sustainable bid in the precious metal. On Monday editor Neils Christensen recorded a podcast with Phillip Streible, chief market strategist […]
Is gold price about to sprint? Inflation in the U.S. is now at 7.5% — the highest level in forty years. For the U.S. stocks, this means more losses as markets price in a more aggressive Federal Reserve. But for gold, this means more demand as investors turn to the precious metal for protection. Also, […]
Gold price looks to take $1,850 as markets fear emergency Fed move Gold is catching a bid as markets worry the Federal Reserve could opt for an emergency rate hike before the March meeting to try and tame inflation. Gold is up nearly 2% on the week as more investors turn to the precious metal […]
Gold, silver sales are still being taxed, is that about to change soon? Jp Cortez Unlike traditional investments like stocks and bonds, retail investors who buy and sell precious metals must pay sales taxes, but that could soon change. So far, 42 states have removed some or all of the taxes from gold and silver […]
Gold, silver bulls gaining a head of steam this week Gold and silver futures prices are firmer and hit two-week highs in midday U.S. trading Wednesday, as the technical charts for both metals have seen improvement this week, which is inviting speculators to the long side of the markets. April gold futures were last up […]
Gold, silver rally as traders buy the early dip JGold and silver futures prices are modestly up in midday U.S. trading Tuesday. Overnight losses were deemed by the precious metals bulls to be a bargain buying opportunity. Otherwise, some routine backing and filling on the charts has been featured as fresh fundamental inputs are awaited. […]
Gold price advances as inflation fears grow even with hawkish Fed Gold futures had respectable gains in New York trading today. The most active April 2022 contract gained $14.20 and as of 4:47 PM, EST is currently fixed at $1822. Considering the Federal Reserve’s updated monetary policy, which is more hawkish and the most recent […]
'Clash' coming: expectations vs. reality he gold market will remain stuck in a choppy trading pattern until the FOMC March meeting, with markets starting to price in a 50-basis-point rate hike. Here's a look at Kitco's top three stories of the week: 3. Shockingly strong U.S. employment report 2. A major policy pivot from the […]