Stocks slip, dollar gains as further monetary tightening seen
Stocks slip, dollar gains as further monetary tightening seen
Dollar in doldrums as euro near 9-month peak, yen bounces
Dollar in doldrums as euro near 9-month peak, yen bounces
Trapdoor for dollar, red flag for Fed: Mike Dolan
LONDON — The U.S. dollar’s accelerating decline from the heady highs of 2022 has a ways to go yet – but the speed of the drop may build a case for a soft landing of its own later this year. A reversal of the near 30% jump in the dollar’s main index …
Crying Wolf? SchiffGold Friday Gold Wrap 12.23.22
Are the people who are predicting a big economic crash right? Or are they just crying wolf? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains why it’s hard to predict the exact timing of a…
U.S. yields sink with dollar on dovish Fed bets; HK shares dip
U.S. yields sink with dollar on dovish Fed bets; HK shares dip
Perception Is Reality? SchiffGold Friday Gold Wrap 11.11.22
They say perception is reality. Based on the October CPI data, the perception is inflation has peaked. But what’s the reality? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey digs into the CPI data along with…
Dollar dives vs yen, BOJ intervention suspected ahead of weekend
NEW YORK, Oct 21 (Reuters) – The U.S. dollar tumbled against the yen on Friday, and traders and strategists said Japanese authorities may be in the market to stem a slide in their battered currency. The yen rose as high as 144.8 per dollar in late morning U.S…
Gold hits 3-week high as U.S. dollar, bond yields dip
Gold prices rose about 1% to a three-week peak on Tuesday, as the dollar and U.S. Treasury yields retreated, with investors hoping the U.S. Federal Reserve could adopt a less aggressive approach to rate hikes. Spot gold gained 0.9% at $1,713.80 per ounce by 10:02 a.m…
Dollar sinks below 132 yen as traders boost recession bets
LONDON — The U.S. dollar declined to its lowest level in more than six weeks against the Japanese yen on Monday as investors ramped up bets that aggressive Federal Reserve monetary policy would tip the economy into a recession. With traditional market gauges of recession such as yield curve spreads pinned near their lowest levels…
Writing Checks They Can’t Cash: SchiffGold Friday Gold Wrap 07.08.22
The Federal Reserve is putting on quite the tough guy act. Everybody is convinced the central bank is going to keep up the inflation fight even if the economy gets shaky. In this episode of the Friday Gold Wrap podcast,…
Dumping Water on a Drowning Man: SchiffGold Friday Gold Wrap 06.24.22
They tried to deny it for months, but now everybody knows we have an inflation problem. The president, Congress and all of the central bankers at the Fed are trying to find ways to solve this problem. But as host…
Gold prices gain as dollar weakness lifts appeal
Gold prices rose on Monday as the U.S. dollar weakened, but recent gains are unlikely to stave off another monthly fall for greenback-priced bullion. Spot gold was up 0.4% at $1,860.77 per ounce, as of 0451 GMT. U.S. gold futures also climbed 0.4% to $1,865.00. “With the three-day holiday in the United States…
Dollar towers at two-decade high on growth woes, Fed outlook
SINGAPORE — The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade, buoyed by bets on rising U.S. interest rates and doubts about growth in Europe and China. The latest uptick was thanks to the Bank of Japan…
Dollar ascends on China COVID fears, Fed rate hike pace
Dollar ascends on China COVID fears, Fed rate hike pace
Dollar index back above 100 ahead of expected red-hot U.S. inflation data
Dollar index back above 100 ahead of expected red-hot U.S. inflation data
Can Jerome Powell and the Fed Bully Inflation? SchiffGold Friday Gold Wrap 03.25.22
The Fed threw a pretty weak first punch at inflation with a quarter-point interest rate hike last week. But Fed Chair Jerome Powell followed up with some tough talk this week. The question is what will he do when the…
A Monetary Jenga Game: SchiffGold Friday Gold Wrap 02.04.22
With little fanfare, the national debt crossed the $30 trillion threshold this week. That is an unfathomable number. And as host Mike Maharrey explains in this week’s Friday Gold Wrap podcast, it’s worse than that. Most people aren’t concerned. Maharrey…
Hopes and Prayers Economic Policy: SchiffGold Friday Gold Wrap 12.14.22
December gave us another big jump in consumer prices. But despite a lot of talk about an inflation war, accommodative monetary policy remains in play. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the…
Peter Schiff Explains the REAL Reason Gold Hasn’t Gone Up and Why It Ultimately Will
Inflation is through the roof. So, why isn’t gold rising? We hear this question over and over again. In this video, Peter Schiff gives you the answer and explains why the markets will eventually wake up to their misperception. __________________________…