NEWS
Gold and silver market moving news, curated from the best of GoldSilver's team and around the web. Check back often for updates, or subscribe to get the highlights in your inbox.
Subscribe
Gold Traders' Report - February 14, 2019
US stocks turned back down (S&P finished -7 to 2746 ), while the US 10-year yield continued to hover around 2.66%. The DX edged up to 97.05, and gold was $1,312 bid at 4PM with a gain of $5.
READ MORE
Flash Boys, Flash Boys, What You Gonna Do? ICE Gold HFT Speed Bumps No Joke
"This short delay helps level the playing field by giving all traders who have placed a resting order additional time to react to price changes in related markets."
READ MORE
Recession Risks Are Likely Higher Than You Think
"...no one was calling for a recession in early 2000, or 2007, either. By the time the data is adjusted, and the eventual recession is revealed, it won’t matter as the damage will have already been done."
READ MORE
Fed Gov. Brainard Sees 'Downside Risks' Increasing
Brainard says balance sheet runoff should end this year.
READ MORE
Atlanta Fed slashes U.S. 4th-quarter GDP forecast to 1.5% from 2.7%
The U.S. economy's estimated growth rate in the fourth quarter was slashed to 1.5% from 2.7% by the Atlanta Federal Reserve after declines in retail sales and inventories.
READ MORE
'Black Eye' for German Economy as It Flirts with Recession
With German growth stalling, the ECB is likely put off plans to normalize policy and is more likely to provide additional stimulus...
READ MORE
UK Growth Won't Hit the Boe's Target and It Could Cut Rates This Year
The U.K. economy is "looking quite bad on all fronts."
READ MORE
Goldman Sachs Says U.S. Exposure to the Global Slump Has Intensified
When America sneezes, the world catches cold, the saying goes. Now Goldman Sachs Group Inc. economists are asking whether the reverse also holds true.
READ MORE
US Retail Sales Collapse In December: Biggest Drop In A Decade
That is the biggest MoM drop in retail sales since 2009 for the headline and the biggest drop in the control group since the 9/11 attacks in 2001!...
READ MORE
Millennials Ages 25-34 Have $42,000 in Debt
And most of it isn’t even from student loans. Americans overall are twice as likely to rack up debt as to accumulate personal savings.
READ MORE
Breakingviews - Chancellor: A 300-Year Lesson in Bubble Inflation
It shows that it’s all very well for central bankers to lower interest rates, inflate asset prices and dispel unemployment by conjuring up limitless quantities of money, but it’s no easy matter to return to normalcy.
READ MORE
Jeffrey Gundlach Discusses 'the Biggest Risk' He Sees in the Economy
“...during the next recession, we’re going to have an extraordinary national debt problem because the national debt is growing at a very rapid rate already,”
READ MORE
JPM Launches Own Cryptocurrency
One Year After Dimon Slammed Bitcoin As A "Fraud". JPM has become the first bank with its own 'stablecoin'.
READ MORE
Gold Traders' Report - February 13, 2019
The 10-year yield clawed back up to 2.709%, and the DX made a new high for the day at 97.17. Gold was $1,306 bid at 4PM with a decline of $4.
READ MORE
Marketwatch: "All the Ways Gen X Is Financially Wrecked"
"Just 16% of Gen Xers say that they included financial planning in their 2019 goals."
READ MORE
Hope as Strategy: Americans' Financial Optimism Hits 16-Year High
69% of Gallup poll respondents expect their financial situation to get better over the next year. Just like the all-time record of 71% did in 1998, just prior to a ~80% Nasdaq crash.
READ MORE
Fed Warns That Something That Has Never Failed to Happen May Well Happen Again
Every dominant global fiat currency ever has failed. The Fed, with its inimitable way of stating the obvious in puzzled, overly wordy prose, warns us that the USD might not be immune to this inevitable phenomenon either.
READ MORE
From "Autopilot" to Dead Stop: Floundering Fed's Balance Sheet Doublespeak
"The Federal Reserve will chart plans to stop letting its bond holdings roll off 'at coming meetings,' Cleveland Fed President Loretta Mester said on Tuesday, signaling another major policy shift for the Fed after pausing interest rate hikes."
READ MORE
Last Time the US Wealth Gap Was This Large? Immediately Before the Great Depression
“As I’ve explained countless times (but nobody seems to listen), growing U.S. wealth inequality is the byproduct of an unsustainable bubble in asset prices such as stocks and bonds.”
READ MORE
Why European Economic Weakness May Trigger the Next Global Financial Catastrophe
"For all the palpitations that the trade war between the U.S. and China will knock out their economies, it is Europe that increasingly looks like the biggest threat to global growth."
READ MORE