Fed officials are vowing to get their benchmark rate up to a “neutral” level by the end of the year. Futures traders are currently anticipating a 2.75% Fed funds rate.
As bad as conditions are, they have the real potential to get even worse. Today we will explore how China’s latest COVID lockdowns will affect the global economy. Hint: It won’t be good.
With gold being used as money to purchase energy and commodities, the lifelong wholesaler explains Russia’s and China’s strategy to control the global price for physical gold.
Those saying we are nearing peak inflation are as wrong as they were when they said it months ago and as wrong as they were when they said “inflation is transitory” a year or more ago.
The location of Russia’s gold reserves is especially intriguing given the ongoing freeze of Russia’s foreign exchange reserves – dollar, euro, pound – by Western powers..
Gold and the US Federal Reserve have a love-hate relationship. Hate because they both enjoy it when the other one performs badly, but love it because the Fed owns over 8,000 tonnes...
When the stated minimum loss on your dollar is 2%, and when it overshoots to 8.5%, how is one to make an investing strategy to save and hopefully retire one day?
Ed Steer joins us to discuss the recent Nickel Squeeze on the London Metals Exchange. The declining inventories of many key metals is reaching critical levels.
The best-case scenario may be a return to 70s-style “stagflation.” The worst-case scenario is that the Fed’s failure to rein in inflation, fueled by Congress’s failure..
