The Fed Rate Hike and Gold, Report 18 June, 2017

The big news this week comes from the Fed, which announced two things. One, it hiked the Fed Funds rate another 25 basis points. The target is now 1.00 to 1.25%, and there will be further increases this year. Two, the Fed to reduce its balance sheet, its portfolio of...

Stocks, Bonds, Euro, and Gold Go Up, Report 4 June, 2017

The jobs report was disappointing. The prices of gold, and even more so silver, took off. In three hours, they gained $ 18 and 39 cents. Before we try to read into the connection, it is worth pausing to consider how another market responded. We don’t often discuss the...

Will The Demand For Gold Soar?

Good day… And a Tub Thumpin’ Thursday to you! As of right now, I’m in no mood to do any Tub Thumpin’, but I sure hope that changes, given tonight’s activities! Yes, tonight I get to “go out”! And I get to “go out” solo! So, like I said, I sure hope my mood changes, as...