June’s big payroll jump helped clear away some of those recession clouds for a U.S. economy that nonetheless faces some stormy weather ahead. Job gains of 372,000 convinced most Wall Street economists that the idea of a … Read more
Consumer inflation data and the start of the second-quarter earnings season could be two catalysts that make for a bumpy ride in markets in the week ahead. PepsiCo’s earnings are the first major report of the … Read more
Federal Reserve Vice Chair Lael Brainard became the latest official to speak out on crypto, saying Friday that regulation is needed or the industry could become a wider danger. “Innovation has the potential to make … Read more
In this week’s Live from the Vault, the President of the Gold Silver Pros, Robert Kientz, joins Andrew Maguire to shed some light on the derivative market’s insidious practices to control the physical gold and … Read more
Update (1800ET): Twitter’s Board of Directors said on Friday that they intend to close the transaction with Musk at $54.20 per share and that they plan to pursue legal action to enforce the agreement, Twitter chairman … Read more
ASIA: Japan’s household spending posted a surprise drop in May, falling for the third consecutive month as the global chip shortage hurt car sales in a worrying sign for the outlook of the world’s third-largest … Read more
Crypto lender Celsius artificially inflated the price of its own digital coin, failed to hedge risk, and engaged in activities that amounted to fraud, a lawsuit alleges. Celsius on Thursday was sued by former investment … Read more
Stocks fell on Friday as investors believe a stronger-than-expected jobs report will likely keep the Federal Reserve on track for its aggressive rate hikes. The S&P 500 fell 0.5%, while the tech-heavy Nasdaq Composite dropped … Read more
Yesterday the Fed released the minutes from the FOMC’s July meeting. There were few surprises, but two things really stood out; members are anxious about inflation and they’re anxious about a recession. Yesterday the Fed … Read more
Something has happened which has not occurred since 2009. The silver basis—our measure of the abundance of the metal to the market—has gone way under the gold basis. This means silver is less abundant to … Read more