Don Durrett: Gold, Silver Price Targets, Plus When to Buy Gold Stocks
Don Durrett of GoldStockData.com weighs in on the recent market meltdown, saying he sees it as another indicator that the US economy is in trouble and heading toward a recession as the year continues. “I think that we’re going to…
Editor’s Picks: Gold Reacts to Market Chaos, Yen Carry Trade Unwind Not Over Yet
The gold price dropped significantly on August 5 as global markets faced volatility, sinking as low as the US$2,375 per ounce mark; however, the precious metal closed the week well above US$2,400 once again. Diverse factors were at play, but…
Will Rhind: Gold’s “Silent” Rise Now Driven by Fear, What Comes Next?
Speaking ahead of the global market turmoil seen on August 5, Will Rhind of GraniteShares weighed in on the health of the US economy, saying that “jittery data” has started to spark fear for investors. Coupled with rising tensions in…
Fed Holds Rates Steady, Powell Teases September Rate Cut and Talks CBDC Future – Kitco News
Jeremy Szafron, Anchor at Kitco News, delivers the latest updates from the Federal Reserve. The FOMC has decided to hold interest rates steady at their current range of 5.25% to 5.5%, the highest level in over two decades. However, Fed…