preview. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Carney copying Draghi: The Bank of England introduced an overwhelming post-Brexit stimulus package and certainly beat expectations. We explain the measures, what this means and what awaits us on the…
The bullion market kept recovering as the FOMC and BOJ didn’t change their policies. And the disappointing GDP report for the U.S. – only 1.2% growth vs. 2.6% exp. – was enough to drive further up gold and silver prices.…
Gold and silver lost some steam in the past week as interest rates picked up again and the U.S. dollar strengthened even though the ECB and BOE didn’t introduce any new policy last week. This week’s main events will focus…
We take a break from Brexit and chopper sounds and move to commodities: oil is slipping, gold remains strong and the focus shifts back to the US. We also touch on ECB QE and preview the next events. You are welcome…
Now that the U.S. economy is showing signs of recovery including the better than expected NFP report and retail sales, the market is slowly adjusting again to a possible rate hike this year. And higher rates also mean a slower…
The BOE didn’t change its monetary policy but still promised that stimulus is on the way in the coming meetings. This week’s main event will be the ECB rate decision. Even though the ECB isn’t likely to make any changes…
Even though the recent NFP report presented much better than expected gains in jobs – 287K compared to 175K outlook – the bullion market didn’t react much and if anything silver kept rising on Friday. It seems that the ongoing…
The U.S. non-farm payroll finally showed strong headline numbers as there was an increase of 287K jobs in June – the highest level since October of last year 2010 and above market estimates: The ADP estimated a gain of 172K…
We move just a bit away from Brexit to digest the Non-Farm Payrolls report, talk about moves in oil and what’s going on with surging gold and its poor cousin silver. You are welcome to listen, subscribe, provide feedback and pledge…
Gold and silver gained momentum last week as Britain voted to leave the EU. And even though equities have recovered, the high uncertainty in the markets is likely to preserve the risk-off market sentiment, which only benefits bullion prices. Besides…