Gold Surges $11 In Early Trading, Silver 17¢

Gold Surges $11 In Early Trading, Silver 17¢

First and foremost is President Trump’s statement late last week that he thought the Fed should lower rates and launch a new quantitative easing program. Second, Reuters reports that Saudi Arabia is threatening to “ditch” the dollar if Congress goes through with its proposed NOPEC legislation.
April 8, 2019 0 Comments
Gold's Break Just Around The Corner? Watching Brexit, FOMC Minutes, ECB

Gold's Break Just Around The Corner? Watching Brexit, FOMC Minutes, ECB

(Kitco News) - Gold is stuck in a rut for now, but next week’s Brexit deadline, FOMC minutes, and ECB meeting are keeping investors alert, according to analysts, who see the yellow metal heading higher.
April 5, 2019 0 Comments
U.S. Current Account Deficit Hits 10-Year High; Firms Bring Back More Foreign Profit

U.S. Current Account Deficit Hits 10-Year High; Firms Bring Back More Foreign Profit

WASHINGTON (Reuters) - The U.S. current account deficit increased more than expected in the fourth quarter amid declining exports, pushing the overall shortfall in 2018 to its highest level in 10 years, and U.S. companies repatriated a record amount of foreign earnings last year following the Republican tax overhaul.
March 28, 2019 0 Comments

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