Precious metals, much like crude oil, resumed their downfall. This week, the main reports from the U.S are the upcoming FOMC meeting and press conference, Philly Fed index, PPI and CPI, FOMC Chair Yellen speaks, industrial production and housing figures.…
The financial markets could stir up again this week as there are many news items on the agenda mainly the next FOMC meeting and the Scottish referendum. Last week, precious metals and oil resumed their downward trend, while the USD…
Is gold really a hedge against inflation? In this episode we run down the correlation between the precious metal, inflation and QE. We then continue with the Scottish referendum that grabbed the headlines and finish up with a preview of…
The gold market kicked off September on a negative note as its price declined by 3%. Gold ETFs such as SPDR Gold (GLD) and iShares Gold Trust (IAU) also didn’t perform well in the past few days. The recent recovery…
Precious metals, much like other commodities, kicked off last week with a plunge in prices. As the week progressed, bullion prices remained relatively flat even after the ECB surprised the markets with a rate slash and promise of an ABS…
Most commodities tumbled down last week, while USD recovered against leading currencies mainly against the Euro after the recent ECB rate decision. This week, in the U.S several economic reports will be released including JOLTS, retail sales, consumer sentiment, and…
I’m not a big fan of precious metals ETFs. They follow bullion prices, and investors pay a fee for holding the ETF. The only return for an investor is the potential rise in precious metals prices. Conversely, bullion miners or…
U.S. employment didn’t meet expectations with only 142K jobs were add, according to the Bureau of Labor Statistics. This figure was well below market expectations, which were at 222K and the ADP report showed that private non-farm payroll grew by…
The prices of gold and silver didn’t do much last week as they edged up on a weekly scale. But September is starting off with rate decision by ECB, BOE, BOC, RBA and BOJ. The main event will be the…
The market volatility in the markets is slowly returning as we are exiting the summer slumber and into September. We kickoff the month with rate decisions by ECB, BOJ, BOE, RBA and BOC, while in the U.S the NF payroll,…