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The Federal Reserve's $34.5 trillion problem
The Federal Reserve has a $34.5 trillion problem. And the problem is growing. Yes, I’m talking about the national debt. How is the debt the Fed’s problem? It hamstrings the Fed’s ability to fight price inflation. In a recent interview, Crescat Capital macro strategist Tavi Costa told Kitco News that
Inflation still runs hot, Gold and Silver prices stabilize
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast. Stocks sold of
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Silver Price Analysis: XAG/USD dips amid strong US Dollar, warmer inflation
Silver falls pulling back from a daily high of $27.73. Technical analysis indicates the uptrend is intact with key support at the $27.05 level, marked by the 50% Fibonacci retracement. If silver surpasses the $28.00 resistance, potential targets are $28.48 and possibly year highs near $29.76. Conver
Here’s 3 commodities primed for triple digit gains in 2024 [Video]
So far this year, no market trend has captivated trader’s attention quite like the Supercycle in Commodities and there's a good reason why. This is now the fourth consecutive year that has seen a total of 47 Commodities ranging from the Metals, Energies to Agriculture notching up new multi-year and
Silver Price Analysis: XAG/USD dips amid strong US Dollar, warmer inflation
Silver falls pulling back from a daily high of $27.73. Technical analysis indicates the uptrend is intact with key support at the $27.05 level, marked by the 50% Fibonacci retracement. If silver surpasses the $28.00 resistance, potential targets are $28.48 and possibly year highs near $29.76. Conver
Dow Jones Industrial Average climbs back over 38,300 as investors shrug off still-high PCE inflation
Dow Jones determined to wrap up Friday in the green despite stubborn inflation. US PCE inflation remained higher than expected. Hopes for rate cuts now lean heavily on next week’s US NFP print. The Dow Jones Industrial Average (DJIA) churned on Friday before pushing into the high end for the day as
European Union: From trade deficit to surplus
After two years of deficit, the EU trade balance returned to positive territory in 2023, supported in particular by falling energy prices. Trade surplus in traditionally buoyant sectors (pharmaceuticals, automotive) remains at historically high levels. China’s ramp-up to higher value-added sectors h
You need to protect your wealth now [Video]
In this week’s episode of Live from the Vault, Andrew Maguire is joined by Andy Schectman, President of Miles Franklin. The precious metals experts juxtapose the current physically-driven bull run with their long histories of financial education. Revealing some surprising facts and statistics, Andy
New peak for FTSE 100
The FTSE 100 has hit a new high today, while Wall Street is focusing on the better tech earnings last night, in a bid to forget about sticky inflation data, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. FTSE 100 touches fresh record high “The bidding bonanza for UK-listed
GBP/USD Price Analysis: Tumbles below 1.2500 as bears cut bulls hopes short
GBP/USD registers a decline of 0.27%, influenced by US inflation data that suggests the Federal Reserve may delay rate cuts. The pair's recent inability to break the 200-day moving average at 1.2557 highlights its downward bias, with support levels now in focus. Potential for further losses if the '
Forecasting the Coming Week: The FOMC and NFP take centre stage
The Greenback transited another week where data releases and expectations of interest rate cuts by the Federal Reserve remained at the centre of the debate. On this, the USD Index (DXY) seems to have embarked on a gradual decline after hitting new yearly peaks earlier in the month. This retraction,
Canadian Dollar follows broader market flows as investors grapple with US PCE inflation
Canadian Dollar gets pushed around as investors focus elsewhere. Canada absent from economic calendar until next week. US PCE inflation remains higher than expected, weighing on rate cut hopes. The Canadian Dollar (CAD) is taking a back seat to broader market flows on Friday as investor focus remain
GBP/USD outlook: Recovery shows signs of stall
GBP/USD Strong recovery rally in past three days seems to be running out of steam on Friday, as the daily action was shaped in red candle with long upper shadow. In addition, falling 20DMA repeatedly capped upside attempts, stochastic is overbought and 14-d momentum remains deeply in the negative te
EUR/USD is still vulnerable [Video]
In today's TradeGATEHub Live Trading session, Coach Dale discusses the continued vulnerability of the EURUSD. He presents RSI analysis that suggests a potential rise in the USDCAD and a decline in the Euro. Additionally, Dale examines the recent bounce in the SPX and delves into the structural aspec
Spending surges in spite of inflation
Summary Despite real income growth being strong, real spending is stronger, forcing consumers to dip into savings. In the short run, that's problematic as it keeps pressure on inflation, particularly services prices. But the reach is not sustainable indefinitely amid mounting personal interest expen
Pull-up Update
