Gold Takes a Breather, Inflation Stays Hot
Gold falls slightly on dollar strength. Inflation continues to come down, but the data shows signs of an impending wage-price spiral.
Gold falls slightly on dollar strength. Inflation continues to come down, but the data shows signs of an impending wage-price spiral.
The Fed is headed for an annual operating loss for the first time in 108 years. They will soon be forced to print the money to cover their expenses. A conundrum, indeed!
Central bankers shoot for “subliminal” inflation – not enough to notice on a day-to-day basis, but enough to cause dramatic changes over the long run.
Inflation appears to have peaked and markets are partying across the board. But if we examine the risks of global debt, is the optimism justified?
Gold was up 11% last month as crypto and the U.S. dollar faltered. Economic hardships on the horizon may trigger the yellow metal’s next meteoric rise.
The Fed can fix monetary policy, but cannot fix deglobalization, public debt, or fiscal spending. They can’t fix the reasons we own gold.
Gold trickles down for seven months straight, despite massive demand for coins and bars from central banks and individual investors.
Should the Fed pay attention to the IMF’s warnings about global financial risks and deteriorating market conditions? Probably, but more red-hot inflation data means their hands are tied.
Rising interest rates reveal the consequences of exorbitant debt and leverage. When the free money disappears, what remains tends to flow into real assets.
The current pace of rate hikes has no modern precedent. With recessionary red flags popping up everywhere, what will it take for the Fed to reverse course?
Inflation and money supply indicate that gold has room to run. How long can rising interest rates and dollar strength suppress the price?
Inflation has peaked, right? The stock market is certainly acting like it, but there are many reasons to believe we are not out of the woods yet.
The futures market is flashing a very clear, and very rare, signal. Gold's jump from $1,680 to $1,800 could the be the beginning of a significant move higher. Right now, gold is still on the sale of the century.
As the Fed grapples declining GDP and the growing threat of recession, will they let the economy crumble and defeat inflation, or juice the markets again?
Gold is supposed to be a reliable hedge against inflation and economic disasters, but right now it’s stuck in the mud. When will gold shine again?
Demand destruction and the growing threat of recession crushed commodities in Q2. The Fed succeeded in slamming on the breaks, but did they go too far?