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Larger Than Fort Knox: A Stunning Look Inside the Newest Gold Depository in North America
The BLS data might not show it, but anecdotal evidence shows the job market is contracting.
Microsoft offers voluntary buyouts to 60,000 employees as tech giant reshapes its workforce foxbusiness.com/markets/micr…
What is the gold standard, and why did we abandon it? #gold
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AI is making many people's jobs easier. That includes hackers. Do you know what they can't hack? #gold #silver
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How might a Democratic takeover of Congress impact the gold market? It depends on what they do. #gold #investing #politics
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Fed expected to hold rates steady, but Warsh may point way to more hikes cnb.cx/47CXt7j
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UBS just raised its year-end Brent crude forecast to $110 a barrel.
Oil has climbed back above $100 amid renewed attacks in the Strait of Hormuz, with WTI near $102 on Friday.
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#Africa welcomes its newest #GoldRefinery as another nation joins #BurkinaFaso, #Ethiopia in refining #gold at home | Business Insider Africa
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Five countries have opened gold-refining facilities as African gold producers seek to keep more of their wealth at home.
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The University ‌of Michigan'sConsumer Sentiment Index dropped to 48.0 this month. It's the second-lowest reading ever.
Gold and silver keep getting hammered down, but there are still buyers lurking. #gold #silver
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We undoubtedly live in a digital age. But it's still wise to hold hard assets that can't be hacked!
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Lacalle makes a good case for not hiking rates. However, it's hard to ignore 5.5 years of #inflation above 2%. This is why the Fed is stuck between a rock and a hard place.
The monumental mistake of hiking rates now. Largest inflationary pressure is energy. Rate hikes do not put more barrels in the market or impact ebnergy prices.
However:
- Lowers housing investment in the middle of a housing crisis.
- Impacts consumer spending.
- Hurts investment.
... and makes governments increase taxes.
via GS
What's the difference between "gross" and "fine" weight in #gold and #silver bullion coins?
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From 1 oz to 10 oz to 1 kilo, see three sizes of Australian Kookaburra silver coins from the Perth Mint.
Compare the weight, scale, and annual designs of these collectible silver bullion coins with Money Metals.
Shop 10 oz Kookaburra Silver Coins at Money Metals:
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Shop 1 kilo Kookaburra Silver Coins at Money Metals:
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Price inflation has been above the Fed's 2% target for 67 consecutive months. Meanwhile, the M2 money supply is increasing at over 5.5% annually.
The labor market has been a mess for months but a lot of people don't seem to realize it because they rely on a constant flow of rosy data from the BLS (that later gets quietly revised lower).











