Emir Hoyman/iStock via Getty Images Fundamentals Persistent inflation pressures persisted in March, throwing a wrench in the Federal Reserve’s plans to start lowering interest rates in June and sparking doubts about whether they can do so this year without signs of the economy slowing down. According to the Labor Department’s report on Wednesday, the Consumer…
Anthony Bradshaw Gold prices continue to surge. The spot price of the precious metal touched $2,400 per ounce on Friday, April 12, a new record. It comes after a years-long consolidation that frustrated many investors seeking diversification and safety from geopolitical risks and ballooning US federal debt. With a decisive breakout above $2100 per ounce…
Kira88 Fundamentals Let’s take a deeper look in the fascinating world of gold and how it interacts with the economy, shall we? You know, gold isn’t just a shiny metal; it’s like your trusty sidekick in the financial world, especially when inflation starts creeping up. Picture this: while your regular cash might lose its value…
Koldunova_Anna/iStock via Getty Images Just emerging from a multi-month dormancy to command the investing world’s spotlight, investors are still discussing the reasons for gold’s breakout to record highs and, more importantly, if the gold bull still has legs. The most common assumption is that the fed funds outlook is the reason for the metal’s latest…
Just_Super Gold’s unexpected breakout to all-time highs in recent trading days has many investors wondering if they should purchase gold miners to leverage future gains. My regular readers know I have been anticipating far higher gold prices over the last year. And, the push above US$2200 oz. intraday on Friday could be just the start…