Silver’s strong June is especially notable because typical drivers like futures buying and SLV-share demand don’t fully explain it. This suggests rising global investment demand. It’ll be interesting to see how it unfolds.
Including Florida, 44 U.S. states now fully or partially exempt gold and silver from sales taxes.
Connecticut Gov. Ned Lamont (D) signed House Bill 7287 into law, which includes a provision removing the last remaining tax on purchases of gold, silver, platinum, and palladium bullion.
Economists were expecting to find that another 100k jobs were created based on the recent report, but we got 33k in net job destruction instead.
OMFIF published an essay by Sobel deploring the increasing acquisition of gold by central banks noting that "monetizing" central bank gold reserves "could generate resources for good use."
Retail sales increased rapidly as the country emerged from the government-imposed pandemic lockdowns.
If you’ve been wondering whether gold still matters in a digital, dollar-dominated world, this is the episode to watch.
The current gold bull market will likely end closer to major debt defaults.
When we come to the gold market, you can see you're back up here, and for the week, it's up 2.59 percent right now. You no longer have the pattern of lower highs, lower lows.
