What we do know is that with so much chaos and uncertainty sweeping the world, investors are looking for safety. Gold glitters, says Dan. The price per ounce went over $2,850 last week.
The Bank for International Settlements' December statement shows a decline in gold swaps from 81 tonnes in November to 78 tonnes, according to GATA's Robert Lambourne.
High drama in the institutional markets for gold and silver -- unfolding mostly in the background over the past 45 days – may finally be bleeding out into the mainstream.
Several central banks—the Bank of Canada, the Bank of England, and the Federal Reserve—stated they are carefully assessing their policies in light of the Trump Tariffs.
The Federal Reserve put a pause on interest rate cuts at its January meeting, finally admitting what I’ve been saying for quite a while: price inflation is still sticky.
