Gold Just Below All-Time High of $2,075… Will It Break Out?
Barring a severe selloff in the days ahead, gold will finish 2023 with its highest ever annual close. Pretty good considering the headwinds it has faced this year from rising interest rates and negative sentiment. Meanwhile, The mainstream financial media has virtually ignored gold. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Silver & Platinum Supply Deficits Steepen, Underpinning Prices
As markets reopen following the Thanksgiving holiday, investors are feeling thankful that interest rates are no longer rising. Stocks, bonds, and precious metals have all gained ground in recent days as long-term rates have come down. Meanwhile, expectations for the Federal Reserve to cut its benchmark short-term rate in 2024 have risen. Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Biden Bizarrely Brags About Lower Deficits as Federal Debt Skyrockets
Under the new leadership of House Speaker Mike Johnson, Congress passed a stopgap funding bill on Tuesday to once again avert a government shutdown. It was quickly approved by the Senate on Wednesday, then signed into law by President Joe Biden. Like the last one, this latest bipartisan budget scheme includes no spending cuts. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Fed Continues Tough Talk; Silver & Platinum Look Most Undervalued
As central bankers stubbornly refuse to admit they are done hiking interest rates, precious metals markets are wavering. The Federal Reserve left its benchmark rate unchanged at a 22-year high at the conclusion of its meeting last week. But Fed chairman Jerome Powell is keeping up the fight against inflation, at least rhetorically. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Gold Holds Firms as World Braces for Financial Turmoil, War
As the Federal Reserve puts a hold on interest rates, investors have to ask themselves whether the elevated inflation rate is also on hold. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Inflation Deception Allows Cheerleaders to Claim Economy Is Growing
Well, if you believe the reporting coming out of the mainstream financial media, then the economy is going gangbusters. The Fed has succeeded at crushing the bond market, freezing the housing market, and plunging many sectors of the stock market into deep downtrends. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Gold Flirts with $2,000 on Middle East Conflict, New Spending Demands
As financial markets gyrate, investors are finding safe haven in precious metals. The stock market sold off on Thursday on interest rate fears. It’s not so much the threat of additional rate hikes by the Federal Reserve that has investors scared. It’s more the spike in longer-term bond yields. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Hot War in Middle East Bolsters Gold and Silver Prices
A hotter than expected inflation report helped trigger a spike in bond yields and a selloff in stocks. Precious metals, meanwhile, are garnering some safe-haven buying as the threat of a larger-scale war grows pitting the United States and Israel against Hamas, Iran, and other avowed enemies of the Jewish state. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Speaker McCarthy Got Fired, but Will the Debt Spiral Slow?
Well, the shift in the calendar has so far failed to produce any shift in the trend for precious metals markets. Gold and silver are extending their recent price declines here in the first few trading days of October and of the fourth quarter. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
Looming Federal Government Funding Deadline Grabs Headlines
Precious metals markets got hammered earlier this week as interest rates continued their relentless march higher. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan