Category Gold

This past week saw a spate of horrific terrorist attacks unleashed on both France and Vienna, Austria at a time when many individuals had seemingly forgotten the still significant power of Islamic extremists and ISIS fighter returnees to Europe. The…

This past week saw the conclusion of the hardest fought and most controversial election in modern U.S. history as President elect Joe Biden narrowly defeated U.S. incumbent President Donald Trump after a bitter, divisive, and hard fought electoral campaign. The…

This past week saw the United States struggling with new high numbers of coronavirus cases. Thursday was a high water mark of 88,521 new cases per day elevating the revolving seven day average to a new peak of 76,590 according…

This past week the news emerged that Disney was forced to let go of 28,000 employees throughout its division of parks, experiences, and consumer products. The extended closures at their theme parks in California coupled with reduced attendance at the…

This past week saw a September sell off intensify across global and domestic stock exchanges in markets around the world. On Monday it worsened as banking shares plunged in the light of a leaked report from the U.S. based FinCen…

This past week, the “Bond King” of Wall Street CEO Jeffrey Gundlach of DoubleLine Capital joined a growing cast of respected voices warning that a stock market pullback is long overdue. Gundlach stated that the “massive buying frenzy” evident in…

This past week several prominent analysts and a Federal Reserve regional president warned of threats to the lofty stock market valuations and recent highs that investors have seen. In particular, Market Strategist Ron William of the RW Advisory firm warned…

Despite the new highs the stock market has made in the past week, an economic reality check from the Federal Reserve at their virtual Jackson Hole annual central banker meeting revealed that the U.S. economy is far from booming. One…

This past week saw unemployment claims for the week of Aug. 15th rising to above one million once again. Economists surveyed by the Dow Jones company had anticipated only 923,000 total claims. At the same time diverging stock sector performance…

This past week Federal Reserve President (for Minneapolis) Neel Kashkari released a New York Times op-ed that he and Professor Michael Osterholm from the University of Minnesota co-wrote. In this article and a series of interviews Kashkari gave, he called…

This week saw U.S. Fed Chairman Jerome Powell at a briefing warning Congress about the country’s most severe economic downturn “in our lifetime.” The Federal Reserve held interest rates at zero percent as the raft of economic data this past…

It was only last week that the European Union passed its long-awaited, block-wide relief package. The final amount of money that they agreed on for stimulating their stricken economies turned out to be somewhat underwhelming. Early this week, the European…

This past week it became more clear that the effects of the global pandemic are going to be with us for a long, long time to come. Two highly regarded and respected voices spoke out on the continuing financial and…

In just the last two weeks, the International Monetary Fund has warned the financial world that stocks may suffer from another devastating meltdown if the unfolding global resurgence of coronavirus infections causes lockdown measures to be reintroduced or tensions in…

Over the weekend, the United States and China engaged in competing uncoordinated naval and air exercises in the South China Sea. While the Chinese undertake these routinely in these waters, for the United States it was an impressive display of…