Market News

Gold prices are biased higher as Asian demand converges with the Wests

Uncategorized | February 5, 2016

According to some metrics China lost its crown as the worlds No. 1 gold consumer to India a couple of years ago, but get ready for the tables to turn once more, says the China Gold Association. Why? Because Chinas demand is increasing while production in the worlds top gold-mining nation is dropping. Looking back […]

Our $19 trillion debt nightmare: Another excuse for negative rates

Uncategorized | February 2, 2016

Ever since the Bank of Japan shocked global markets by introducing a negative-interest-rate policy last week, the U.S. Federal Reserve has been forced to broach the subject of whether it too will go negative rather than continue the rate-hiking trajectory it started in December. During a speech Monday at the Council on Foreign Relations, Fed […]

Gold is 2016s most beloved asset, CNN confirms

Uncategorized | February 2, 2016

The continuing collapse in oil prices slammed stocks again Tuesday, with the Dow Jones down more than 300 points. In contrast, gold held its ground once more, slipping slightly to just under three-month highs after touching $1,131, its strongest price since Nov. 3. Silver, meanwhile, was trading near $14.33. Gold has paused to consolidate near […]

Might Federal Reserve Tightening Be Over For 2016?

Uncategorized | February 1, 2016

The financial market volatility about which Blanchard and Company has warned is now here in spades in 2016, and its led to a considerable amount of rethinking in and outside of Washington. One interesting notion that some Federal Reserve governors have recently presented is that the U.S. dollars 15% to 20% appreciation (or even more, […]

Oklahoma to debate creating its own gold, silver bullion depository

Uncategorized | February 1, 2016

The urgency of keeping physical gold and silver bullion close at hand has only grown more intense in recent years as central banks race to the bottom to destroy their currencies in order to stay competitive in global trade. Blanchard and Company has chronicled how central banks, particularly those in Russia and China, are beefing […]