U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy

U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy

The numbers: Consumer prices rose sharply again in April and drove the rate of inflation to the highest level in nearly 13 years, signaling greater stress on the economy as businesses grapple with supply shortages that are raising the cost of many goods and services.
May 12, 2021 0 Comments
Central and Eastern European central banks significantly expand their gold reserves

Central and Eastern European central banks significantly expand their gold reserves

Last month Hungary tripled its gold reserves. The decision by the National Bank of Hungary (Magyar Nemzeti Bank, MNB) to increase its gold reserves to 94.5 tonnes, a historic high, follows a 10-fold increase in Hungary’s gold holdings in the last quarter of 2018. 
April 23, 2021 0 Comments
Silver market update - nice buy spot for the sector...

Silver market update - nice buy spot for the sector...

On the 3-month chart we can see recent action in much more detail. On this chart we can see how the minor downtrend of recent weeks has completely unwound its earner overbought condition and brought silver back to a zone of support in between its bullishly aligned moving averages, which means that it is at a good point to turn up again.
March 15, 2021 0 Comments
The Two Largest Sources of Industrial Demand For Silver Are About to Explode Higher

The Two Largest Sources of Industrial Demand For Silver Are About to Explode Higher

A big change is underway with silver demand, one that is structural in nature. It will last years, perhaps decades. This built-in demand is likely to put an ever-growing strain on supply, and it will affect you as both a consumer and an investor.
February 8, 2021 0 Comments

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