“This is not QE. In no sense is this QE.”
That was Jerome Powell in early October, answering a reporter’s question on whether the Federal Reserve’s intervention in the overnight U.S. repo market constituted another round of quantitative easing (QE).
Gold closed down as much as 1.21 percent Friday on a blowout jobs report that seemed to alleviate investor fears of an impending economic slowdown. The U.S. added as many as 266,000 jobs in November, beating expectations of 180,000, while the unemp…
Supercharge Your Gold Position With Precious Metal Royalty Companies Read More »
It’s the top of a new month, meaning we get to see the latest manufacturing purchasing manager’s index (PMI) readings. And if you follow both the Institute for Supply Management (ISM) and IHS Markit’s reports on U.S. factory activity, you may be getting some mixed signals.
Will the Real Manufacturing PMI Please Stand Up? Read More »
Another year, another Thanksgiving. I hope all of my American friends and readers had the chance to spend some quality time with family as we begin the busy holiday shopping season.
Need-to-Know Numbers You Might Have Missed Last Week Read More »
Flying in the face of negative economic news, U.S. factories picked up steam for the third straight month in November.
This Economic Indicator Is Proving the Naysayers Wrong Read More »
Quick! What do Hong Kong, Chile, Ecuador and Lebanon all have in common with one another?
What’s With All the Mass Protests? (Hint: It’s Not About Income Inequality) Read More »
It’s hard to believe now, but the very first Singles Day in 2009 generated only about $7 million for Chinese mega-retailer Alibaba. No one could have guessed then that, 10 years later, the 24-hour shopping event would see that sales figure surge to an all-time record of $38.4 billion, an unbelievable multiple of 5,471.
China’s Ultra Wealthy Are Dominating the Global Luxury Market Read More »
Imagine waking up in your posh high-rise penthouse facing the Red Sea. Above the bustling city hangs a giant artificial moon that livestreams images from outer space.
Should You Buy the Saudi Aramco IPO? Read More »
When Colorado-based Molycorp Inc. filed for bankruptcy in 2015, the U.S. lost its sole remaining miner and producer of rare earth elements (REEs)—those inconspicuous metals with unpronounceable names like praseodymium, yttrium and gadolinium.
Australia May Be the Saving Grace for the Rare Earth Metals Market Read More »
Investors may assume they have adequate exposure to gold because they’re invested in a commodities fund. But many of these funds have a relatively small weighting in gold, and so their gold exposure is much smaller than they realized.
You’re Probably Underinvested in Gold Read More »
