US Treasury Yields Jump as Hot Jobs Data Fuels Rate Expectations

US Treasury yields climbed on Friday after new jobs data showed stronger hiring than expected. The 10-year yield rose over 9 basis points to 4.486%, while the 2-year increased 11 basis points to 4.034%. The 30-year yield moved up more than 5 basis points to 4.941%. Higher yields typically suggest investors anticipate tighter monetary policy, potentially due to inflation risks or stronger economic activity. Nonfarm payrolls rose by 139,000 jobs in May, surpassing the consensus forecast of 125,000 from economists polled by Dow Jones, according to data released Friday morning. The unemployment rate remained steady at 4.2%. This stronger-than-expected jobs […]

Gold Price Drops Below $3,350 on Strong U.S. Jobs Report

Gold price drops below $3,350 on Friday as new U.S. labor data revealed stronger-than-expected job growth in May. The Nonfarm Payrolls report showed 139,000 new jobs added, beating forecasts of 130,000. Although the unemployment rate held steady at 4.2%, the surprising job gains gave the U.S. Dollar a temporary lift. This eased pressure on the Federal Reserve to cut interest rates soon — typically a bullish factor for gold. However, earlier labor market data this week pointed to underlying weakness, leaving the broader policy outlook uncertain. Thursday’s phone call between Chinese and U.S. officials helped ease short-term fears of a […]

Gold Prices Rise on Fed Rate Cut Bets; Silver Hits 13-Year Peak

Gold prices edged higher on Friday, positioning the precious metal for a weekly gain of 2.1%. This rise follows encouraging U.S. economic data that has reinforced expectations of potential interest rate cuts by the Federal Reserve. Gold, a classic safe-haven asset, typically performs well during times of economic or political uncertainty, especially in a low-interest-rate environment. Meanwhile, silver initially surged to a more than 13-year high, driven by strong industrial demand and ongoing supply shortages. Although it later dipped slightly by 0.1%, its momentum—alongside rising gold prices—highlights continued bullish sentiment in the broader metals market. U.S. gold futures rose slightly […]

Now Could Be the Best Time to Buy Silver in Years: Here’s Why…

After 15 years of formation, silver’s massive cup and handle pattern is now signaling an imminent breakout that could send prices soaring.

There’s Only 0.04% of USA’s GOLD Left. Can Trump Buy it Back For $42?

In Mike’s explosive new video, he uncovers a startling revelation that’s been hidden in plain sight: a staggering 99.96% of America’s gold reserves aren’t truly “owned” by the nation — they’re pledged to the Federal Reserve.

Atlanta Fed Forecasts Recession | Projects a 2.8% GDP Contraction in Q1 25 

The Atlanta Fed’s latest GDP projection signals recession ahead, forecasting a 2.8% contraction for Q1 2025. Are you prepared for what’s next?