Nov 14, 2024
The World Gold Council recently published a report in which it stated that it expects gold prices to rise an average of 5% annually through 2040.
Sep 26, 2024
Conventional wisdom has long held that lower interest rates are beneficial for gold and silver prices. Conversely, higher interest rates are supposed to be detrimental to gold and silver prices.
Sep 19, 2024
In a move that was widely expected, the Federal Open Market Committee this week decided to lower the target federal funds rate.
Sep 12, 2024
After this week's inflation report, the stage seems to be set for the Federal Reserve to cut interest rates at next week's Federal Open Market Committee (FOMC) meeting. But the one big question everyone has is, will the Fed cut interest rates by 25 basis points (0.25%) or...
Sep 5, 2024
The law of supply and demand is one of the bedrocks of economics. And for most goods the higher the price of the good, the less quantity of that good is demanded.
Aug 29, 2024
While markets largely expected a first Federal Reserve rate cut at the September Federal Open Market Committee (FOMC) meeting, Fed Chairman Jerome Powell made it all but explicit last week that the FOMC will recommend a rate cut in September.
Aug 22, 2024
For all the reasons people try to become millionaires, there might be a new one now: to buy gold bars. For the first time in history the standard 400-ounce gold bar is worth over $1 million.
Aug 15, 2024
When the Federal Reserve looks to cut rates, it looks at two pieces of economic data more than any: inflation rates and employment numbers. That's because the Fed's dual mandate is to maintain stable prices and full employment.