Latest News and Articles
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Gold Market Report – May 15, 2024
Overnight: Gold was a little choppy last night, awaiting today’s key US CPI and Retail Sales readings. It traded in a range of $2355 – $2374, largely fading movement in the US Dollar. The yellow metal advanced to its $2374 high during Asian and early European time, where it was capped by resistance there ($2373-79,…
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The Big Hint About Silver from the Silver Miners
I saw an analyst report from a bank that estimated what the primary silver producers would generate in free cash flow this year. It wasn’t pretty. However, it carries a direct hint about where the price of silver is headed. While it doesn’t mean a surge in the silver price is imminent, the industry has…
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How Long Will It Take the Fed to Lower the CPI to 2%? 3 Questions with Troubling Answers
Fed Chair Jerome Powell has been insistent that the central bank will lower inflation to 2%. The Consumer Price Index (CPI) is the primary way the Bureau of Labor Statistics measures the change in consumer prices, and the Fed watches this data closely to make some of their decisions. “We are resolute in our goal…
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These Charts Show More Currency Creation is Guaranteed – and 3 Guesses How Gold Responds
It’s not very often you get to use the word ‘guarantee’ and be right about it. But this just might be one of those times. Question: what do you get when you combine a debt-based monetary system with soaring interest rates? If debt levels are rising, and the federal government has to pay interest on…
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I Call the Fed’s Bluff: They’ll Pivot Long Before Inflation Hits 2%
It was a fight! My keynote presentation at the New Orleans Investment Conference pitted the Fed against gold, me playing both parts by using different caps when one or the other was talking. I wanted to do this because I’m continually flabbergasted by how much faith mainstream economists and investors put in what the Fed…
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Gold in Q3: Attack of the US Dollar
Perhaps a surprise to most investors, Federal Reserve Chairman Jerome Powell made it clear last month that the central bank will be “resolute” in fighting inflation. The Fed approved a third consecutive 75-basis-point hike in September, the fifth raise this year, the most aggressive move since the 1980s. The US dollar soared in response. Those…
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![Worried About a Recession or Stock Market Crash? Here’s How Gold – and All Precious Metals – Have Historically Performed [CHARTS]](https://hardassetsalliance.com/wp-content/uploads/2022/07/image001-2.png)
Worried About a Recession or Stock Market Crash? Here’s How Gold – and All Precious Metals – Have Historically Performed [CHARTS]
Convinced a recession is here? Worried the stock market isn’t done crashing? It’s a distinct possibility things could get worse. Which raises a natural question: how does gold—and all precious metals for that matter—perform during these events? If we use history as a guide, there’s a clear tendency with all of them… Precious Metals vs.…