ASIA: Some Bank of Japan board members were concerned that excessive currency volatility could disrupt corporate business plans, minutes of the bank’s April meeting showed, highlighting the challenge for policymakers from the yen’s sharp declines. … Read more
Key Points: Fed Chairman Jerome Powell said Wednesday that the central bank is “strongly committed” to bringing down inflation and can do so with its monetary policy tools. That means higher interest rates until “compelling … Read more
Recent data from the CFTC suggests that COMEX’s silver positioning is the most favorable since June of 2019. While this does not preclude more downside, it certainly suggests that any further price drops will be … Read more
Here’s How to Profit From It! The U.S. is in recession. A recession is not coming, it’s already here. I know it. You know it. Just look around you. Yes, restaurants and airports are packed… but … Read more
ASIA: Australia’s top central banker on Tuesday flagged a lot more policy tightening ahead as rates were still “very low” and it was important that higher inflation did not feed into public expectations and wage … Read more
Never forget – NOT allowing price discovery for a long period of time – then forcing the process onto markets with a “bayonet in the back” – at an ever-accelerating rate – is a virgin-central … Read more
Take a look at this: The US has just experienced an 8.8% increase in food prices. The problem (and there are many, actually) is that this doesn’t take into account the spiraling costs farmers are … Read more
In this week’s Live from the Vault, Andrew Maguire takes a closer look at the newly determined BRICS currency basket, assessing the likely price revaluation of its top three commodities: gold, silver, and oil. With … Read more
Key Points: Hertz’s $4.2 billion deal to purchase 100,000 Tesla fully electric vehicles (EVs) by the end of 2022 set off a race among rental car agencies. Enterprise Holdings and Avis Budget Group have announced … Read more
GoldFix Comment: In the post 2008 GFC era, the relationship described below was not much help because of Quantitative Easing. In QE, Gold behaves like a stock or risk-on asset from the liquidity infusions. But now, … Read more
