Silver Rises Over 120% YTD Invest Now 
Published: 12-20-2024, 01:15 am | Updated: 12-20-2024, 11:03 am
President-elect Donald Trump has issued a stark ultimatum to the European Union: increase purchases of American oil and gas or face tariffs. Trump’s demand aims to address the trade deficit between the US and EU, which reached $131.3 billion in 2022. While the EU has already significantly increased its imports of US hydrocarbons in recent years, ramping up purchases to the level Trump suggests faces numerous practical constraints.
Original Source: Bloomberg
Silver fell nearly three times faster than gold this month, pushing the gold-silver ratio to 73:1. Add a trimmed Goldman Sachs forecast and a Fed decision six days out, and October’s outlook turns on details most headlines have missed.
A sharp drop in gold and an even sharper one in silver looked like classic Fed-driven selling today, but the real trigger was oil. Here’s the mechanism connecting crude prices to rate expectations, and why the thesis behind owning metal hasn’t changed.
Peter Grandich says a 10% to 30% stock drop is possible. Here is how its speed could change what happens to gold, and what the full video holds back.
How many barrels of oil can one ounce of gold buy? Compare today’s count with a year ago and with the long-run median, weigh the strongest case against the reading, and see why one number can serve an owner better than a dashboard.
A cost-of-living adjustment (COLA) resets income once a year from prices already paid. This piece sets the 3.6% raise against September’s CPI-W reading, compares gold’s twelve-month and five-year results with consumer prices, and reads a Federal Reserve staff note on long-held gold.
A sharp drop in gold and an even sharper one in silver looked like classic Fed-driven selling today, but the real trigger was oil. Here’s the mechanism connecting crude prices to rate expectations, and why the thesis behind owning metal hasn’t changed.
Peter Grandich says a 10% to 30% stock drop is possible. Here is how its speed could change what happens to gold, and what the full video holds back.
How many barrels of oil can one ounce of gold buy? Compare today’s count with a year ago and with the long-run median, weigh the strongest case against the reading, and see why one number can serve an owner better than a dashboard.
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