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 Brexit may have subsided a bit in the past week and the recent NFP report helped drive up equities, but the conversation is likely to change back to Brexit as the BOE convenes this week to decide any changes…
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…
The roller-coaster in the financial markets due Brexit vote left the British pound around 10% below its value against the USD before the referendum results came in. And even though equities and bonds also reacted with a “risk-off” sentiment, equities…