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Prison For Le Pen? French Establishment Desperate To Stop Rise Of Conservatives EU elites and globalists with extensive political influence have been on the war-path the past several years as it has become increasingly evident that the European populace is shifting more conservative with each new election.  In Germany, leftist officials are attempting an outright ban of the conservative AFD Party, primarily because they stand against mass immigration (a position which progressives claim is "xenophobic").  The AFD is currently the second most popular political party in Germany […]

Trump Names Former AG Matthew Whitaker As US Ambassador To NATO Authored by Jack Phillips via The Epoch Times (emphasis ours), President-elect Donald Trump on Wednesday announced he has chosen former acting Attorney General Matthew Whitaker to be the U.S. ambassador to NATO. Matthew Whitaker, former acting U.S. Attorney General, speaks during the Conservative Political Action Conference 2020 (CPAC) hosted by the American Conservative Union in National Harbor, MD., on Feb. 28, 2020. Samuel Corum/Getty Images In a statement released on social media, the president-elect said […]

There Are No "Easy Wars" Left To Fight, But Do Not Mistake The Longing For One Submitted by Alastair Crooke  There Are No "Easy Wars" Left To Fight, But Do Not Mistake The Longing For One Israelis, as a whole, are exhibiting a rosy assurance that they can harness Trump, if not to the full annexation of the Occupied Territories (Trump in his first term did not support such annexation), but rather, to ensnare him into a war on Iran. Many (even most) Israelis are raring for war on Iran and an aggrandisement of their territory (devoid of Arabs). They are believing the puffery that […]

Trump Takes His Time With Secret Service Director Choice Authored by Susan Crabtree via ReaalClearPolitics, It just might be the most personal hiring decision President-elect Trump will ever make, but if he’s already chosen, he’s keeping the contenders in suspense. After surviving two assassination attempts in roughly two months, Donald Trump is in the awkward position of owing his life to the Secret Service agents and officers who intervened to protect him, even as he remains deeply critical of the failures that allowed the near-misses to occur. And the threats against […]

Unity, But Not Compromise, Is The Path Forward Authored by Frank Miele via RealClearPolitics, It really happened. Donald Trump won convincingly, just as I predicted. So I don’t need to publish a retraction or correction today like we are due from so many liberals for their substitution of wishful thinking for reasoned analysis in the leadup to the election. But, on the other hand, I don’t want to waste your time and mine rehashing all the reasons why Trump won, or more significantly, why Kamala Harris lost. In retrospect, the possibility of a Harris victory seems as […]

Hezbollah Chief Vows More Attacks On Tel Aviv While Awaiting Israel's Response To Ceasefire Plan In his third major address since becoming Hezbollah's Secretary General in the wake of Hassan Nasrallah's death, Naim Qassem threatened to target Tel Aviv in response to recent Beirut strikes. "We will not leave the capital under Israeli enemy attacks. When Beirut is under attack by the enemy, the response must be in Tel Aviv," he said. The Hezbollah chief added that "The enemy must understand that things will not remain as such when Beirut is attacked." He laid out that Israel […]

This Is How It Begins: The Deep State Wants To Terminate The Constitution Authored by John & Nisha Whitehead via The Rutherford Institute, “That was when they suspended the Constitution. They said it would be temporary.” - Margaret Atwood, The Handmaid’s Tale This is how it begins. This is how it always begins, justified in the name of national security. Mass roundups. Raids. Indefinite detentions in concentration camps. Martial law. The erosion of habeas corpus protections. The suspension of the Constitution, at least for select segments of the population. A […]

American Dream? Depends... Home Price-to-Income Ratio By State With steadily increasing home prices and stagnating wages among lower-wage workers, home ownership for many Americans has become increasingly unaffordable. The home price-to-income ratio measures the relationship between the median home price and the median household income. This metric is often used to gauge housing affordability, accounting for variations in the cost of living. This map, via Visual Capitalist's Kayla Zhu, shows home price-to-income ratio of each U.S. state, using data from a Construction […]

Here is a stunning look at gold and silver after the recent pullbacks in both metals. The post Stunning Look At Gold & Silver After Recent Pullback appeared first on King World News.

Food Lobbyists Plot To Have It Their Way With RFK Jr. Authored by Lee Fang via RealClearInvestigations, America’s most famous fast-food fan may be an unlikely candidate to make America healthy again, but Donald Trump seems willing to tackle the eating habits that have led to skyrocketing rates of obesity. The junk food industry is not lovin’ it. RealClearInvestigations has learned that representatives of companies that make snack foods, sugary beverages, and cooking oils are already meeting to discuss how to thwart the reform agenda of Robert F. Kennedy Jr., the former […]

Nvidia Drops After Revenue Forecast Disappoints Exuberant Expectations Earlier today we wrote an extensive preview of what to expect from Nvidia's Q3 earnings (here), but for those who missed it here is the summary: sky high expectations, which only go higher in 2025 and beyond when the full rollout of Blackwell is expected to hit the P&L, with everyone already long (Goldman desk positioning is 9 out of 10) and anything less than perfection would be punished by the market. The bull/bear case summarized by Goldman was as follows: Bulls playing for a ‘break-out’ trade on […]

Wealthy Private Schools In Upscale Miami Are Starting To Price Out Their Teachers The rich neighborhoods in Miami are getting so rich, they're starting to price out the teachers. For example, Ransom Everglades, a top private school in Miami’s upscale Coconut Grove, serves the city’s wealthy families, including new Wall Street South transplants. It boasts amenities like an Olympic pool, sailing, and a waterfront football field, it offers 24 varsity sports, 62 arts courses, and a cutting-edge science center. And with a 10-to-1 student-teacher ratio, admission is highly […]

"Some Of Them Are With Pedophiles": Trump's Border Czar To Prioritize Locating 300,000 Unaccounted-For Children Authored by Jack Phillips via The Epoch Times (emphasis ours), President-elect Donald Trump’s incoming border czar said he would prioritize locating or rescuing 300,000 unaccounted-for children who entered the United States as illegal immigrants and are at risk of exploitation. Then-acting ICE Director Tom Homan speaks at an event hosted by the Center for Immigration Studies, on June 5, 2018. Charlotte Cuthbertson/The Epoch Times “The third rail is we got over […]

Col. MacGregor: Trump & The Storm Of The Century Authored by Col. Douglas Macgregor (ret.) The fear in many nations’ capitals is that President Donald Trump’s return to Washington might make Israel feel more confident in attacking Iran. According to Mike Evans, founder of the Friends of Zion Museum in Jerusalem, "There is no world leader Trump respects more than Netanyahu." The evangelical leader also confides that President Trump would support an Israeli attack before his inauguration on the assumption that the destruction of Iran’s oil production facilities […]

Fiat Everything: When Decree Replaced Reality Authored by Josh Stylman via The Brownstone Institute, We live in a world where every essential human need—money, food, health, education, and even information—is controlled and manipulated by artificial systems. This matrix of artifice began with central bankers creating fiat currency: declaring something’s value, enforcing its use, and creating dependency. This template manufactured scarcity where none naturally exists, ensuring reliance on their systems. We see this pattern everywhere: money created from nothing yet always […]

Archegos Capital Founder Bill Hwang Sentenced To 18 Years In Prison Archegos Capital founder Bill Hwang was sentenced to 18 years in prison for fraud and market manipulation linked to the 2021 collapse of his $36 billion family office today. The sentence, handed down by US District Judge Alvin Hellerstein in New York, was less than the 21 years prosecutors requested. Hwang's lawyers had argued for no prison time, according to Bloomberg. The judge said during sentencing: “The amount of losses that were caused by your conduct are larger than any amount of losses I’ve deal […]

Here's Why Asian Americans Shifted Right Authored by Neetu Arnold via RealClearPolitics, The 2024 election season featured an unprecedented number of Asian Americans, from Vivek Ramaswamy’s rise in the Republican primary to soon-to-be second lady Usha Vance, to the Democratic candidate herself, Kamala Harris. Just a few years ago, this would have been a cause for celebration on the political left: Asian Americans have reliably voted for Democrats for decades. But the election results revealed that racial and ethnic minorities are not as loyal to the Democratic Party as […]

"Solar Powerhouse" China Is Leading Asia's Green Energy Movement If you're trying to implement green energy solutions in Asia, chances are you're going to need to rely on China one way or another.  Southeast Asia’s demand for renewable energy is rising, driven by tech manufacturing and data center growth, according to Nikkei. Solarvest, the region's leading renewable energy provider, plans to capitalize on this boom by increasing imports from China, according to a local manager. That manager told Nikkei: "We aim to invest more in the next couple of years. Buying equipment […]

Indian Billionaire Gautam Adani Indicted For 'Massive Fraud' And 'Multi-Billion Dollar' Bribery Scheme Indian billionaire Gautam Adani has been indicted in New York for 'massive fraud' and a 'multi-billion dollar' bribery scheme, according to multiple reports Wednesday afternoon.  According to NBC, Gautam Adani and others are accused of paying over $250 million in bribes to Indian officials to secure solar energy contracts expected to yield $2 billion in profits over 20 years. Prosecutors allege Adani personally met with officials as part of the scheme. Adani, his nephew Sagar […]

Rare Israeli Attack On Syria's Palmyra Launched From US-Controlled Airspace Huge Israeli airstrikes rocked the outskirts of the central Syrian city of Palmyra on Wednesday, with regional reports saying the attacks were launched by Israeli jets utilizing US-controlled airspace over Al-Tanf military base in eastern Syria.  "Israeli warplanes launched a number of missiles from the airspace of the [US] base in the Al-Tanf area on the Syrian–Iraqi–Jordanian border, in the far southeastern countryside of Homs, targeting the vicinity of the city of Palmyra," Sputnik’s […]

Is the gold market already headed back to recent highs after shallow pullback? The post Is Gold Ready To Surge Back To Recent Highs? appeared first on King World News.

Waste Of The Day: Nuclear Commission Flies First Class Authored by Jeremy Portnoy via RealClearInvestigations, Topline: A recent inspector general audit of the Nuclear Regulatory Commission’s travel expenses found a slew of waste and potential fraud, including nearly $50,000 in unallowed first-class flights between 2020 and 2023. Key facts: Federal law requires most government employees to fly economy class, with exceptions made for medical or security concerns. To fly first class, employees must submit a written explanation and obtain approval from their supervisor. […]

With 63% Of Voters Demanding Her Recall, Soros-Backed Bay Area District Attorney Concedes Authored by Kimberley Hayek via The Epoch Times, Alameda County District Attorney Pamela Price conceded her recall election on Monday, nearly a week after Bay Area voters expressed their frustration with crime and homelessness by voting out multiple progressive leaders. According to unofficial results as of Nov. 20, 63.1 percent of voters in the general election favored replacing Price, who had served in the position for less than two years. Price is a former defense and civil rights […]

Missiles, Michelle, & Missed Targets Spark Stock Dump'n'Pump; Bitcoin & Gold Jump Geopolitically, more missiles were reported to have been sent into Russia overnight and that dragged stocks down early... and the micro and the macro kept stocks down for most of the day. Late on, buyers appeared as FOMO spread ahead of NVDA's earnings. That lifted The Dow into the green for the day... On the Micro side, it was all about Target's epic fail...   Then, on the Macro side, round 12ET, Fed Governor Michelle Bowman poured some hawkish water on the dovish hopes: “We […]

US Is Lone Veto Of Gaza Ceasefire Call At UN, Citing It Neglects Hostages The United States has again used its veto, blocking the fourth UN Security Council resolution on Gaza since the war began. The comprehensive resolution called for an "immediate, unconditional and permanent ceasefire." UN News writes: United States vetoes Security Council draft resolution that would have demanded an immediate, unconditional and permanent ceasefire in Gaza, and the release of all hostages RESULT: In Favor: 14 Against: 1 (US) Abstain: 0 The text of the draft resolution did not link or […]

Court Dismisses California's Lawsuit Against City's Voter ID Law Authored by Jill McLaughlin via The Epoch Times (emphasis ours), California Supreme Court ruled on Nov. 15 to toss out the state’s lawsuit against Huntington Beach’s voter ID law, but they expect the state attorney general to continue fighting it. People wait to vote at the Joslyn Park center in Santa Monica, Calif. on Nov. 5, 2024. Apu Gomes/Getty Images “Honestly, it’s a great victory for Huntington Beach, and as I’ve said, I think it’s a black eye to the state,” City Attorney Michael Gates told […]

The Layaway Presidency: How Alvin Bragg Would Create A New Constitutional Creature Authored by Jonathan Turley, Manhattan District Attorney Alvin Bragg pushed Tuesday to create a new constitutional creature: the layaway president. It was once common for stores to hold expensive items that you really wanted but could not make the payment. So they were tagged and kept on the shelf until you were ready to redeem your item. For Bragg, that leaves Donald Trump tagged until 2029. In a filing before Manhattan Justice Juan Merchan, Bragg suggested that the court should stay […]

Archegos Capital Management's Bill Hwang awaits sentencing for orchestrating a massive fraud scheme that resulted in billions of dollars in losses for Wall Street banks. Convicted on 10 charges, including fraud and market manipulation, Hwang faces up to 21 years in prison as recommended by prosecutors. The case highlights the risks of excessive leverage and the need for greater oversight of opaque investment vehicles.

Bitcoin has surged to unprecedented levels following MicroStrategy's massive $4.6 billion purchase, pushing its total holdings beyond $30 billion. The company intends to raise $2.6 billion more for additional Bitcoin investments. The cryptocurrency hit $94,668, benefiting from post-election optimism and increased interest in Bitcoin ETF options, indicating market expectations of continued growth.

President-elect Trump intensifies his search for a Treasury secretary, scheduling interviews with Kevin Warsh and Marc Rowan. The expanded candidate pool, which includes Scott Bessent, aims to break the deadlock in selecting the nation's top economic policymaker. Senator Bill Hagerty, another potential cabinet contender, joined Trump for a SpaceX launch, highlighting the ongoing deliberations for key positions.

Economists predict a Federal Reserve rate cut in December, followed by a slower pace of reductions in 2025 than previously expected1. This shift is attributed to potential inflationary pressures from President-elect Trump's proposed policies, including tariffs and tax cuts. Despite strong economic indicators and stubborn inflation, most economists still anticipate a 25 basis point cut next month, though market expectations have become less certain.

Investors around the world need to buckle up because the world is going to see hyper-accelerated currency devaluation in 2025. The post Expect Hyper-Accelerated Currency Devaluation In 2025 appeared first on King World News.

Mike Maloney shares his optimism for the second half of this administration, thanks to the creation of the Department of Government Efficiency (DOGE).

A new report commissioned by the Silver Institute suggests that institutional investors should allocate 4-6% of their portfolios to silver for optimal diversification and risk reduction. The study, conducted by Oxford Economics, highlights silver's low correlation with other asset classes and its potential for strong returns, especially given its growing industrial applications in green technologies.

Switzerland, a global hub for gold refining, is grappling with calls for greater transparency in its gold trade. Despite a court setback, industry groups are pushing for more rigorous due diligence and disclosure of supplier information. The move aims to address concerns about human rights violations and environmental damage in gold mining while maintaining Switzerland's competitive edge in the sector.

Here is the key for gold and the US dollar. The post Here Is The Key For Gold & The US Dollar appeared first on King World News.

The 30-year US Treasury yield reached its highest level since May, attracting buyers and supporting bond prices. Investors are reassessing economic expectations and Fed policy in light of Donald Trump's election victory. The high yields are providing a cushion for investors, while new corporate bond sales and uncertainty over Trump's Treasury secretary pick are influencing market dynamics.

State Street's 2024 Gold ETF Impact Study reveals a surge in gold investment, driven by economic uncertainty. Gold ETFs emerge as a preferred investment vehicle, with a majority of investors using gold for diversification and long-term gains. The study emphasizes the potential for growth in gold ETF adoption, particularly among younger investors.

Federal Reserve officials are taking a cautious approach to Donald Trump's potential policies, unlike in 2016 when they quickly adjusted forecasts based on expected fiscal changes. Chair Jerome Powell emphasizes waiting for concrete policy proposals before making economic projections, contrasting with the Fed's previous rapid response to Trump's election.

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that investors need to remain focused on gold's big picture during this volatility. The post Michael Oliver – Stay Focused In Gold’s Big Picture appeared first on King World News.

With the price of gold futures surging back above the $2,600 level and silver futures above $31, take a look at what is happening around the world. The post Gold Futures Surge Back Above $2,600. Look At What Is Happening Around The World appeared first on King World News.

According to a model from the Cleveland Federal Reserve, rent inflation will likely remain high until at least mid-2026. Despite some indicators suggesting new rents are decreasing, the overall consumer price index (CPI) for rent is expected to stay elevated due to reduced turnover in leases. This situation complicates the Federal Reserve's efforts to communicate about inflation and may hinder their ability to cut interest rates, as rising shelter costs significantly impact inflation metrics.

HSBC is undergoing a major restructuring, with hundreds of managers competing to keep their jobs in the newly formed corporate and institutional banking division. The process involves interviews pitting senior staff from different units against each other, likely resulting in several hundred job cuts in the coming weeks.

President Joe Biden has approved Ukraine's use of US-made long-range missiles for limited strikes within Russian territory, marking a significant policy shift. This decision comes in response to the deployment of North Korean troops supporting Russia and recent Russian attacks on Ukrainian cities. The US-made ATACMS missiles, with a range of up to 300km, are likely to be used first against Russian and North Korean forces in Russia's Kursk region. This move has been met with criticism from Moscow, with Putin's spokesperson warning of an "appropriate" reaction. The decision comes just two […]

Gold prices bounced back on Monday after six consecutive sessions of losses, driven by a pause in the U.S. dollar's rally. Investors are now awaiting comments from Federal Reserve officials for insights into the future interest rate trajectory. The precious metal's price rose 1.3% to $2,593.32 per ounce, moving away from a two-month low reached last Thursday. This rebound comes after gold experienced its largest weekly decline in over three years due to expectations of less aggressive interest rate cuts by the Fed.

After a significant move higher in the US dollar, there is no question that newly elected President Trump's moves will heavily impact gold and the US dollar. The post Trump’s Moves Will Heavily Impact Gold And The US Dollar appeared first on King World News.

Today the trop trends forecaster in the world warned King World News that a radical 2025 lies ahead that will see one wildcard played after another. The post Celente Just Warned A Radical 2025 Will See One Wildcard Played After Another appeared first on King World News.

Gold retreats from record highs but fundamentals remain strong. Expert analysis of market dynamics and institutional forecasts...

If you are worried about the shakeout in gold, just read this... The post Worried About The Shakeout In Gold, Just Read This… appeared first on King World News.

President-elect Trump's tax cut dreams have received a significant boost following the Republican sweep of the presidency and Congress. This victory opens the door for a multi-pronged approach to reducing taxes, going beyond simply renewing the 2017 cuts. While Republicans now have the power to enact tax legislation unilaterally, they must navigate internal debates about the size of tax cuts and their impact on the national deficit.

While economists predict significant economic disruption from Trump's proposed tariffs, many business leaders are less concerned. CEOs and investors are skeptical that Trump will follow through on all his tariff threats and express confidence in their ability to navigate any new trade policies. This optimism stands in stark contrast to economists' dire predictions.

In recent remarks, Fed Chair Jerome Powell stressed that the robust U.S. economy provides flexibility in the timing of future rate cuts. He noted that the current economic conditions don't necessitate hasty rate reductions. Powell reaffirmed the Fed's commitment to bringing inflation down to 2%, acknowledging that the path may not always be smooth.

October's retail sales data showed a 0.4% increase, surpassing forecasts and indicating continued consumer spending strength. The report also revealed a substantial upward revision to September's sales, further highlighting the robust state of consumer spending.

The latest Consumer Price Index (CPI) report shows U.S. inflation rose to 2.6% year-over-year in October, up from 2.4% in September. This increase breaks the recent trend of cooling inflation. Monthly inflation remained steady at 0.2%, while core inflation measures held stable.

One thing is becoming quite clear, the price of new cars are too high even for the affluent. The post Price Of New Cars Are Too High Even For The Affluent appeared first on King World News.

Dive into this insightful conversation with Mike Maloney and Alan Hibbard as they explore how the latest U.S. election might impact gold, silver

A new study suggests the IMF should sell 4% of its gold reserves to provide $9.52 billion in debt relief for 86 low-income countries affected by climate disasters. This would expand the IMF's Catastrophe Containment Relief Trust, which currently has limited funding and eligibility. The proposal aims to address the growing burden of IMF loan repayments on vulnerable economies.

Wall Street remained cautious on Thursday, with major indices showing slight declines. Investors focused on Federal Reserve Chair Jerome Powell's upcoming speech and the potential economic impact of Republican control in DC, while recent inflation data continued to fuel hopes for a December rate cut.

China has prepared robust countermeasures to retaliate against US companies if Donald Trump reignites a trade war upon his return to the presidency. Unlike in 2016, Beijing now has new laws and tools at its disposal, including the ability to blacklist foreign companies, impose sanctions, and restrict access to crucial supply chains. While China's economic vulnerabilities persist, it is better equipped to defend its interests in a potential trade conflict.

China's recent issuance of $2 billion in US dollar bonds in Saudi Arabia highlights the enduring appeal of the dollar in international finance, despite calls for de-dollarization. The move strengthens China-Saudi ties and provides benchmarks for Chinese companies, while also demonstrating the dollar's continued dominance in global markets.

UBS remains bullish on gold, advising investors to buy on dips around $2,600/oz with a $2,900/oz target over the next 12 months. The bank emphasizes gold's enduring value as a hedge against economic uncertainties and recommends a 5% allocation in balanced portfolios, citing factors such as central bank demand, potential US fiscal deficits, and ongoing geopolitical tensions as supportive of gold prices.

Gold prices are responding to a perfect storm of economic and political factors. The Fed's recent rate cut to 4.5%-4.75%, Trump's election victory, and China's economic stimulus measures are all influencing the precious metal's value. In this episode of Unearthed, hosts John Reade and Joe Cavatoni discuss the latest news and events and how they impact the gold markets.

Bond market experts are adjusting their forecasts following Trump's presidential win, with concerns about inflation driving expectations for higher long-term Treasury yields. The 10-year Treasury yield has jumped since the election, as Trump's proposed policies could substantially increase U.S. debt. This development, alongside robust economic indicators, has led to a reassessment of the Federal Reserve's rate cut plans and market predictions for future monetary policy.

Federal Reserve Chair Jerome Powell maintains that long-term inflation expectations are "well anchored," but recent data and expert opinions suggest otherwise. Consumer expectations for inflation over the next 5-10 years have risen, and economists predict that President-elect Trump's policies may further boost inflation. Companies are already warning of price increases, and many Americans continue to feel the strain of high prices.

Gold prices have stabilized around $2,600 after finding support at a major trendline, halting a short-term downtrend. The recent US CPI data, which aligned with expectations, had minimal impact on gold prices. The precious metal's November sell-off was influenced by expectations of elevated US interest rates and significant outflows from Gold ETFs.

In this eye-opening discussion, Mike Maloney and Alan Hibbard dive deep into how the monetary system—not which party is in power—shapes our economic

The Federal Reserve may implement fewer interest rate cuts in 2025 than previously anticipated due to President-elect Donald Trump's proposed tariff policies. Former Fed policymaker Loretta Mester believes the market is correct in adjusting its expectations, as Trump's fiscal plans could impact the pace of rate cuts and potentially lead to higher inflation.

In the wake of Donald Trump's election win, U.S. Treasury yields experienced a significant uptick, reflecting market concerns about future inflation and interest rate trajectories. The 10-year and 2-year Treasury yields both rose by over 8 basis points, reaching 4.39% and 4.334% respectively. Investors are now closely monitoring upcoming economic data and Federal Reserve statements to gauge the potential long-term effects of Trump's proposed policies on the economy.

Russia's gold reserves have hit a historic milestone, surpassing $200 billion for the first time. In October, the country's gold holdings reached $207.7 billion, representing 32.9% of its total international reserves. This marks the highest proportion of gold in Russia's reserves since November 1999.

Gold prices have fallen to a seven-week low as the US dollar strengthens following Donald Trump's election victory. The precious metal has declined about 5.5% since the election, driven by a combination of factors including hedge fund position adjustments, shifting ETF flows, and technical selling. Despite this recent drop, gold remains up over 25% for the year, supported by Federal Reserve policies and geopolitical uncertainties.

The world's largest gold-backed ETF, SPDR Gold Shares (GLD), experienced its biggest weekly outflow in over two years following Donald Trump's election victory. Investors, who had previously sought safety in gold due to election uncertainty, sold their positions to book profits after the definitive outcome. The outflow exceeded $1 billion, while spot gold prices fell 1.9% and total gold ETF holdings declined for the second consecutive week.

The Bank of Japan (BOJ) is exercising caution regarding potential interest rate hikes, as revealed in the summary of opinions from its October policy meeting. Board members emphasized the need for careful consideration, citing market instability and the uncertain trajectory of the U.S. economy post-election. While economists anticipate a rate move by January, the BOJ's lack of clear signals for December or January leaves observers speculating about the timing of the next policy adjustment.

Persistent consumer anger over high prices is affecting governments in advanced economies, even as inflation rates return to normal levels. This lingering discontent stems from a significant surge in costs during the pandemic and post-pandemic period, which has left a lasting impact on consumer sentiment and voting behavior. The article highlights how this economic dissatisfaction has contributed to electoral defeats for incumbent parties in various countries, including the United States, and is expected to influence upcoming elections in other nations.

Fed cuts rates to 4.5%-4.75% as Powell prepares for potential clash with returning president over monetary policy.

On the day of Donald Trump's decisive victory in the presidential election, US equity funds experienced a massive influx of $20 billion, marking the largest single-day investment in five months. This surge in investment, particularly in small-cap stocks, coincided with US stocks reaching record highs and the S&P 500 Index heading for its biggest weekly advance in a year. While Trump's proposed corporate tax cuts are expected to boost earnings, concerns remain about potential inflationary effects of his tariffs and immigration policies.

Donald Trump's victory in the 2024 U.S. presidential election has caused significant volatility in the bond market. Initially, Treasury yields surged on expectations of higher economic growth and inflation under a Trump administration. However, as the week progressed, yields retreated as investors reassessed the potential timing and impact of Trump's proposed policies. The bond market's reaction highlights the uncertainty surrounding the new administration's economic agenda and its potential effects on inflation and interest rates

The Federal Reserve has cut interest rates for the second consecutive time, lowering the federal funds rate to 4.5%-4.75%. While this move aims to support economic growth, uncertainty looms due to Donald Trump's re-election and his proposed economic policies. Fed Chair Jerome Powell emphasized the central bank's independence, stating he would not resign if asked by Trump, setting the stage for potential tensions between the Fed and the incoming administration.

In his latest analysis, Mike Maharrey contends that the real winners of the 2024 election are gold and silver. He points out that despite changing administrations, trends of expanding government and rising debt persist. Maharrey emphasizes the strong performance of precious metals, with gold setting 39 all-time highs and both gold and silver outpacing major stock indices. He advocates for investing in these metals as a protective measure against economic instability and federal policy impacts.

Gold prices experienced a volatile week, ending with a decline as investors evaluated the Federal Reserve's interest rate decision and Donald Trump's election victory. The Fed's 25 basis point rate cut initially boosted gold, but uncertainty about future cuts and expectations of Trump's economic policies led to a strengthening dollar, putting pressure on the precious metal.

In this video, Mike Maloney and Allan Hibbard dive into the significance of cryptocurrencies and precious metals as “allies in freedom”

According to CME CEO, Terry Duffy, trading activity for gold has increased significantly following the recent election. This surge in trading volume suggests heightened investor interest and market volatility surrounding gold in response to the election outcome. The dramatic increase in gold trades likely reflects investors adjusting their portfolios and hedging strategies in light of potential policy changes and economic impacts stemming from the election results.

The Federal Reserve is expected to cut interest rates by a quarter percentage point on Thursday, following Donald Trump's election victory. This decision comes amid a changing economic landscape, as Trump's proposed policies on tariffs, taxes, and immigration could significantly impact growth and inflation. The Fed now faces the challenge of navigating these potential changes while maintaining its independence and managing inflation expectations.

Oil prices experienced a slight recovery following the U.S. presidential election, as traders weighed the potential impact of Donald Trump's victory on oil supply and demand. The market is balancing concerns over possible supply disruptions due to Trump's policies, particularly regarding Iran and Venezuela, against the strengthening U.S. dollar and rising inventories. Additionally, Hurricane Rafael in the Gulf of Mexico is contributing to supply concerns, temporarily halting some oil production in the region.

The Bank of England has cut interest rates to 4.75%, with expectations of gradual further reductions. However, the recent UK budget and Donald Trump's election victory are likely to increase inflationary pressures, potentially slowing the pace of future rate cuts. This marks a shift from the post-2008 era of deflation concerns to a higher interest rate environment, distinct from both the pre-2008 and post-2008 periods.

Donald Trump's victory in the US presidential election presents significant challenges for central banks worldwide. The unexpected outcome has left monetary officials unprepared, as they couldn't position themselves for a Republican triumph beforehand. Central banks will need to adapt quickly to the new political landscape, potentially facing pressure from Trump's policies on tariffs, immigration, and taxes. These changes could complicate efforts to manage inflation and maintain economic stability, particularly if Trump continues his past practice of criticizing the Federal Reserve.

The 10-year Treasury yield rose sharply to 4.461% after Donald Trump defeated Kamala Harris in the presidential election. This significant increase is attributed to market expectations of economic growth and increased government spending, particularly if Republicans secure a majority in Congress.

The US stock market and cryptocurrency prices surged to record highs following Donald Trump's victory in the 2024 presidential election. Investors reacted positively to the prospect of Republican policies, including lower taxes and deregulation. The Dow Jones Industrial Average jumped over 1,200 points, while Bitcoin reached a new all-time high above $75,000. Trump's win also boosted his own media company's stock by nearly 38%. However, some sectors like renewable energy saw declines, and analysts warn that Trump's policies could potentially reignite inflation.

Gold and copper prices plummeted following Donald Trump's decisive victory in the U.S. presidential election. The surge in the U.S. dollar, driven by Trump's win, put pressure on commodities as it made metals more expensive for buyers using other currencies. While the immediate market reaction was negative for precious metals, analysts suggest that Trump's presidency could eventually be bullish for gold due to potential geopolitical tensions and economic policies.

Gold prices fell following Donald Trump's decisive election victory, primarily due to a strengthening US dollar making bullion more expensive for many buyers. While the immediate impact was negative for gold, analysts predict a potentially bullish long-term outlook under Trump's presidency, citing factors such as inflationary pressures and potential trade tensions with China.

In this eye-opening video, we delve into why the monetary system matters more than which party holds the presidency.

US stocks advanced as voting commenced in a pivotal presidential election, which is expected to significantly influence future economic policies. The S&P 500 rose over 1%, buoyed by positive momentum in the broader market, with technology stocks like Nvidia and Tesla contributing to gains in the Nasdaq 100. Treasury yields increased following strong data indicating that the US services sector expanded at its fastest pace in over two years, with 10-year yields climbing to 4.34%. The dollar weakened during afternoon trading as investors adopted a cautious stance ahead of the election […]

Zimbabwe's gold-backed currency, the ZiG, has shown a rare positive performance against the US dollar, strengthening by 4% to 26.90 per dollar according to central bank data. This marks the second consecutive day of gains for the ZiG, which has struggled since its introduction in April. The currency's appreciation is attributed to tighter monetary policies implemented by the central bank, including devaluation, interest rate hikes, and increased reserve requirements. However, experts caution that sustaining this momentum may be challenging due to expected high dollar demand during the […]

Treasury yields climbed on Election Day, with the two-year yield hitting a multi-month high and the 10-year yield approaching a three-month peak. The increase was driven by strong US services sector data and anticipation of the Federal Reserve's interest rate decision. Market volatility indicators suggested investors were preparing for significant fluctuations in yields following the election results.

Copper prices have risen for the third consecutive day, driven by positive economic data from China and expectations of further stimulus measures. China's services sector showed strong growth, and recent factory indicators have been better than anticipated, suggesting that existing stimulus efforts may be yielding results. The market is anticipating additional economic support measures from the Chinese government, which could further boost copper demand.

As the US election gets underway and the Federal Reserve is expected to lower interest rates, gold prices hold steady just below their all-time high. Bullion has seen a significant surge of more than 30% in 2024, driven by factors such as anticipated rate cuts, central bank purchases, and geopolitical uncertainties. The close presidential race and possibility of a prolonged vote count may further support gold's appeal as a hedge against market instability.

Gold prices have experienced a minor pullback from recent all-time highs, primarily due to profit-taking by traders. The precious metal briefly touched $2,800 per ounce before retreating, with volatility driven by factors such as the upcoming U.S. election, economic uncertainty, and geopolitical tensions. Despite the short-term fluctuations, long-term investments continue to flow into gold, with ETFs seeing net inflows and central banks increasing their reserves. The market remains sensitive to economic indicators and potential policy shifts, with investors closely watching for signs of […]

The silver market is poised for a potential historic short squeeze due to a combination of factors, including decades of price suppression by major banks, a significant disparity between paper and physical silver, declining mine production, and increasing industrial demand. As banks face potential losses on their short positions and physical supplies dwindle, the true value of silver may soon be revealed, potentially leading to a dramatic price surge and reshaping the precious metals landscape.

The US dollar weakened and Treasury yields fell as recent polls showed Kamala Harris gaining ground against Donald Trump in the presidential race. Investors had previously bet on a Trump victory, but are now adjusting their positions as the election appears too close to call. The Mexican peso and other currencies strengthened against the dollar as a result.

The oil market experienced an uptick as OPEC+ postponed its December production increase and Middle East tensions intensified. Brent crude and West Texas Intermediate both saw price increases, with the former reaching $74 per barrel. The decision to delay output hikes, combined with Iran's aggressive stance towards Israel, has created uncertainty in the market. This geopolitical instability is counterbalancing worries about oversupply and sluggish demand from China, leading to increased volatility in oil prices.

While voters may not consider the Federal Reserve when casting their ballots on Tuesday, the next president's approach to Fed independence is a significant concern for economic experts. Former President Trump's history of pressuring the Fed and his campaign statements suggest he may seek more control over monetary policy if re-elected, in contrast to the Biden administration's more hands-off approach.

As gold nears $2,800, several major catalysts signal this rally could be different from anything we've seen before.

Gold prices are surging to record highs as investors seek a safe haven amid the uncertainty of the upcoming US election. The closely contested race has sparked concerns about potential market turmoil, driving demand for gold across a wide range of investors. Experts suggest that regardless of the election outcome, gold's rally may continue due to its appeal during times of geopolitical uncertainty and potential economic shifts.

China's gold jewelry demand showed a quarter-on-quarter increase from July to September, despite high gold prices. The World Gold Council reports a 19% quarterly growth in the third quarter, although year-on-year consumption fell by 34%. The council anticipates a potential rebound in the fourth quarter, driven by seasonal factors like wedding jewelry demand and the upcoming Spring Festival.

Oil prices have risen by 2% following reports that Iran is preparing to launch a retaliatory strike against Israel from Iraq in the coming days. This news has overshadowed the weekly decline in oil benchmarks, with Brent crude and U.S. West Texas Intermediate crude both showing significant increases. The ongoing tensions between Iran and Israel, set against the backdrop of broader Middle East conflicts, continue to influence oil market dynamics, despite previous limited strikes having minimal impact on oil infrastructure.

Gold prices have rebounded ahead of the release of crucial US employment data, as investors remain focused on the upcoming presidential election. The precious metal recovered from its largest single-day decline since July, with traders carefully monitoring the job market for insights into the Federal Reserve's future interest rate decisions. The uncertainty surrounding the closely contested US election has further bolstered gold's appeal as a safe-haven asset, contributing to its overall positive performance this year despite fluctuations in response to economic indicators and geopolitical […]

In October, the U.S. labor market experienced an unexpected dip, adding just 12,000 jobs compared to the previous month's 223,000. This sharp decline is primarily due to the effects of severe weather events and labor strikes, particularly at Boeing. While the job growth figure was surprisingly low, the stable 4.1% unemployment rate indicates that the overall labor market remains resilient despite these short-term disruptions.

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The World Gold Council's Gold Demand Trends report for Q3 2024 highlights a record-breaking quarter for gold demand, driven by strong investment flows and high prices. Total gold demand, including OTC investment, increased by 5% year-over-year to 1,313 tonnes, marking the highest third quarter on record. The value of demand surged by 35% to exceed $100 billion for the first time, reflecting the gold price reaching new record highs during the quarter. Key factors contributing to this growth include significant inflows into gold ETFs, continued central bank purchases, and robust OTC investment, […]

The Federal Reserve's preferred inflation measure, the Personal Consumption Expenditures (PCE) price index, showed a continued slowdown in September, with overall inflation falling to 2.1% year-over-year, nearly reaching the Fed's 2% target. However, core inflation, which excludes volatile food and energy prices, remained stubbornly high at 2.7% annually, indicating that some price pressures persist beneath the surface.

The US housing market is facing renewed challenges as mortgage rates have surged in recent weeks, potentially dampening the momentum gained from a brief period of lower rates in September. This volatility in borrowing costs is causing uncertainty for homebuyers, who must now navigate a market with high interest rates and limited housing supply. Some buyers are adapting their strategies, hoping to find bargains amid reduced competition, while others are postponing their plans. The market's future remains uncertain, with upcoming Federal Reserve decisions and economic data influencing mortgage […]

The Federal Reserve's preferred inflation measure, the core personal consumption expenditures (PCE) price index, rose 0.3% in September, marking its largest monthly increase since April. This development suggests a potential slowdown in future interest rate cuts. Despite the uptick in core inflation, overall inflation fell to 2.1%, approaching the Fed's 2% target. Consumer spending grew by 0.4%, supported by wage increases, while the savings rate dropped to 4.6%. These economic indicators point to a resilient economy with persistent inflationary pressures, likely influencing the Fed's […]

Traders are maintaining their expectations for two quarter-point interest rate cuts by the Federal Reserve, one in November and another in December. This outlook is supported by recent economic data showing easing inflation, with the Fed's preferred inflation measure dropping to 2.1% in September, closer to their 2% target.

Oil prices have risen as OPEC+ contemplates postponing its planned December oil production increase. Sources familiar with OPEC+ discussions suggest the delay could last at least a month, citing concerns over soft oil demand and rising supply. This potential decision, which could be announced as early as next week, comes in response to market volatility and aims to stabilize oil prices. The news has contributed to a slight uptick in oil prices, with additional support coming from unexpected drawdowns in U.S. fuel inventories.

Capital Economics predicts that the U.S. election won't have an immediate major effect on commodities, but could shape oil and natural gas markets in the long run. A Trump victory might support more drilling and potentially lead to higher U.S. oil demand, while Harris would likely maintain current policies. Gold prices could benefit from a Trump presidency due to potential inflation and uncertainty. Overall, market fundamentals are expected to have a greater impact on commodity prices than the election result.

The current bull market is defying traditional patterns, with mega-cap stocks leading instead of small-caps. Despite the Federal Reserve's aggressive rate hikes, many U.S. corporations have seen their interest payment burdens decrease. Economic data suggests continuous expansion since the pandemic, with the Nasdaq Composite reaching new record highs. Experts describe this as an unusual market environment, characterized by a "soft landing" that is more of an ongoing process than a destination.

ADP's latest report reveals a robust US labor market, with private payrolls increasing by 233,000 in October, exceeding all forecasts. The unexpected surge in hiring occurred despite regional challenges, indicating strong demand for workers across various industries, particularly in education, health services, trade, and transportation.

Gold prices have reached a new record high, driven by investor demand for safe-haven assets ahead of the upcoming US presidential election. The precious metal's value has surged by over a third in 2024, fueled by geopolitical tensions, central bank purchases, and expectations of Federal Reserve rate cuts. The tight race between Kamala Harris and Donald Trump is contributing to market uncertainty, further boosting gold's appeal.

The US economy grew at an annualized rate of 2.8% in the third quarter of 2024, slightly below the expected 2.9% and lower than the previous quarter's 3% growth. Despite falling short of expectations, economists view this as a sign of solid economic performance. The core PCE index, a key inflation measure, increased by 2.2%, showing a decline in inflation while still exceeding forecasts.

Global gold demand hit a record high in Q3 2024, reaching 1,313 tonnes, up 5% year-on-year. The value of gold demand surged 35% to exceed $100 billion for the first time, driven by rising gold prices and renewed interest in gold ETFs. Factors contributing to gold's strength included expectations of falling interest rates, Middle East conflicts, and US election uncertainty.

Gold has just hit an all-time high of over $2,750 per ounce, shattering predictions and making 2024 a record-breaking year for the precious metal!

Treasury Secretary Janet Yellen has introduced a plan to increase financial inclusion in the United States. The strategy aims to ensure more Americans have access to bank accounts and affordable credit, which Yellen believes will lead to a stronger and more equitable economy. The plan includes encouraging account openings, expanding affordable banking options, improving credit access, and enhancing retirement and emergency savings opportunities.

HSBC introduced its gold token at Hong Kong Fintech Week, representing the first bank-issued real-world asset token linked to physical gold. Launched in June 2024 for Hong Kong residents, each token equals 0.001 ounces of gold and is based on a private distributed ledger. The token allows for fractional gold ownership, easier buying and selling, and has attracted 20,000 holders, with 90% being new to gold investments.

The upcoming October jobs report is expected to show muted employment growth due to the impacts of Hurricanes Helene and Milton, as well as ongoing strikes at Boeing. With estimates ranging widely from job losses to modest gains, the report will be difficult to interpret clearly. This complicates the Federal Reserve's decision-making ahead of its November meeting and adds uncertainty to the economic narrative just before the presidential election.

Corporate America is signaling a potential turnaround in earnings, with CEOs indicating that the current quarter may represent the bottom. This sentiment, particularly among cyclical companies, suggests that the stock market rally could extend beyond technology shares. As the economic environment improves and the Federal Reserve eases its stance, there's growing optimism for a broader recovery in earnings across various sectors.

The oil market is rebalancing as geopolitical concerns subside, causing traders to refocus on supply and demand dynamics. After a sharp decline, oil prices have begun to recover, but the market remains influenced by factors such as sluggish Chinese demand growth and ample supply. Key upcoming events, including the US presidential election and OPEC+ production plans, are expected to play crucial roles in shaping the market's future direction.

Gold prices are approaching record highs as investors focus on the upcoming U.S. presidential election and key economic data releases. The precious metal's value has increased by about a third this year, driven by central bank purchases and safe-haven demand amid global conflicts. The tight race between Kamala Harris and Donald Trump is creating uncertainty, further highlighting gold's role as a safe investment.

Mohamed El-Erian attributes the recent surge in gold prices to a deliberate move by global financial institutions to diversify away from the US dollar. This trend is driven by central banks slowly reducing their dollar reserves and a gradual shift away from the dollar-based payment system. Recent events, such as Russia's economic resilience despite sanctions and perceptions of inconsistent US foreign policy in the Middle East, have accelerated this diversification process.

As interest rates decline, the relative appeal of gold is increasing, according to BlackRock's Karim Chedid. He notes that gold's non-yielding nature is less of a drawback in this environment, positioning it as a valuable diversification hedge for investors seeking to balance their portfolios.

China's gold consumption dropped 11.18% in the first three quarters of 2024 due to high prices deterring jewelry purchases. While gold jewelry demand fell 27.53%, purchases of gold bars and coins increased by 27.14%. Despite a slight dip in domestic gold production, overall output rose 3.2% year-on-year.

Gold prices retreated slightly from record highs after Israel's restrained strikes on Iran eased geopolitical tensions and reduced safe-haven demand. While gold remains supported by factors like expected Fed rate cuts and central bank buying, the targeted nature of Israel's response has opened the door for potential de-escalation in the Middle East conflict.

Gold prices dipped slightly Monday morning as investors await key U.S. economic data that could influence the Federal Reserve's interest rate decisions. Despite reaching record highs recently, gold faced pressure from a stronger dollar and rising Treasury yields. Analysts remain optimistic, with UBS projecting gold to hit $2,900/oz within 12 months, driven by expectations of lower U.S. interest rates.

The Oracle's favorite market metric hits unprecedented levels. Meanwhile, physical metals outshine mining stocks in the gold rush.

Gold miners are struggling to capitalize on record-high gold prices due to rising operational costs, particularly in labor and other expenses. Newmont Corp., the world's largest gold miner, reported disappointing earnings, revenue, and profit margins in the third quarter, causing its stock to plummet. This suggests that the gold mining industry may be facing challenges in translating high gold prices into increased profitability, as inflationary pressures continue to impact their operations.

Silver prices have reached historic highs on the Multi Commodity Exchange. Anil Agarwal from Vedanta Group highlighted the increasing industrial importance of silver. Demand has doubled, driven by its use in various industries. Hindustan Zinc, part of Vedanta, is a significant producer, and a new industrial park in Rajasthan aims to boost local industries and job creation around silver production.

Russia's central bank has raised its key interest rate to a record-high 21% in response to persistent inflation, which reached 8.6% year-on-year in September. The bank cited strong domestic demand outpacing supply capabilities and increasing inflation expectations as reasons for the rate hike. This move comes as Russia's economy continues to grow, driven by oil export revenues and increased government spending, particularly on military expenses related to the ongoing conflict in Ukraine.