While Powell & Company would never admit it, the central bank has no choice but to end balance sheet reduction due to the federal government’s borrowing and spending problem.
Traders reportedly booked cargo ships to move bars from New York to London to capture the premium—a tactic common with gold but unusual for bulky silver due to cost.
The demand is so great that the market is drying up due to supply shortages. A few headlines discuss different places where the desertification of the metals market is happening.
The “Peace Prize” endows Machado with a new sense of moral authority and gives weight to any “green-light” she may again give to outside militaries to attack her own country.
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households.
Silver made up significant ground and surpassed gold during that time. There is a high probability that silver will perform in a similar manner and even better over the coming months.
Poor financial outlooks for some of the high riders and for the economy in general add to the precarious positioning. Like stocks in the dot-com bust, AI will have many more losers...
Although we have grown accustomed to ‘freaky’ Fridays producing headline events now and then, there was something especially disconcerting about this latest episode.
