News

Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, and who also correctly predicted last year that the price The post Nomi Prins: Expect Wild Trading In Global Markets In 2025, Especially Silver appeared first on King World News.

This turned out to be a very wild week of trading in global stock markets, currency markets, and commodity markets. The post WILD TRADING IN GLOBAL STOCKS, CURRENCIES, ETC: “This week is a very, very important turning point.” appeared first on King World News.

Escobar: Anarchy In The Levant - Your Future Dream Is A Chaos Scheme Authored by Pepe Escobar, Tehran and Moscow harbor no illusions – and are preparing accordingly. The war on BRICS is just getting started. Syria as we knew it is being eviscerated in real time – in geographic, cultural, economic and military terms – by an appalling confluence of mercenary Rent-a-Jihadi mobs and psychopathological genocidals praying at the altar of Eretz Israel. All of that is fully supported by rabid NATOstan hyenas – masters of narrative control – and fully intertwined with the […]

Diddy, Deadpool, & The Donald: 2024 In Google Searches 2024 will be another year not forgotten any time soon. A look at the biggest trending Google searches can serve as a reminder for just some of the events and situations that have shaped our world over the last 12 months. The following chart, via Statista's Anna Fleck, looks at the most-googled terms between January 1 and November 23. You will find more infographics at Statista At the top of the trending news-related searches was the U.S. election. With 3.7 billion people having had the opportunity to go to the […]

Trump Could Tariff NATO Allies That Do Not Pay Up Authored by Anders Corr via The Epoch Times, Russia launched almost 300 drones and missiles in a coordinated attack on Ukraine’s energy infrastructure on Dec. 13. The attack is an apparent attempt to further terrorize Ukrainians into surrender by destroying their heat and light in the middle of winter. The war has dragged on for almost three years now, and Ukrainians are getting tired. Their army is depleted of personnel and weapons. Gallup’s latest surveys indicate that 52 percent of Ukrainians want to end the war, even if […]

Rocking Around The Plastic Tree For some families, the search for the right Christmas tree is an annual event. However, as Statista's Felix Richter reports, for large shares of Americans and Brits though, this search may have ended a long time ago - the perfect tree already sitting safely in the attic or garage, ready for its glorious but fleeting return to the living room. As new survey data from Statista Consumer Insights shows, it's a different story in Germany. You will find more infographics at Statista There, at the home of the Christmas tree tradition, the […]

Never Underestimate The Power Of Unfinished Business Authored by Robert Malone via The Brownstone Institute, The Fathomless Bottom of the Deep State The Senior Executive Service (SES) class of federal employees was created under President Carter through the passage of the Civil Service Reform Act of 1978. The SES was established to “…ensure that the executive management of the Government of the United States is responsive to the needs, policies, and goals of the Nation and otherwise is of the highest quality.” Another Carter-created component of the State, as is the […]

Trump-Era Official Blasts Canada Over Fentanyl Super Labs & Transnational Crime Gangs  President-elect Donald Trump's threat to impose a sweeping 25% tariff on all goods and services from Canada, aimed at pressuring the neighbors to the north to curb cross-border fentanyl and human smuggling, has thrown Prime Minister Justin Trudeau's government into a state of turmoil.  Trade between Canada and the US is the largest of any two nations, with cross-border trade totaling $926 billion in 2023—roughly $2.5 billion daily. This dark tariff reality for Trudeau of not […]

Parents' Rights Group Reveals Dept Of Ed Spent $1 Billion On DEI Since 2021 Authored by Elad Vaida via Campus Reform, A parental rights group published a report showing that the Department of Education has spent enormous sums to promote Diversity, Equity, and Inclusion. Parents Defending Education works to “reclaim our schools from activists imposing harmful agendas.” It published its report on Dec. 12 demonstrating that, since 2021, the Department of Education has spent $1,002,522,304.81 to promote DEI at “universities, school districts, and nonprofits.” That sum […]

Check Your WiFi Router Brand... US Mulls Ban On Chinese-Made TP-Link Chinese TP-Link routers, the best-selling ones on Jeff Bezos' Amazon, have been intensely scrutinized by US investigators due to links to multiple Chinese cyberattacks. This has prompted US officials to consider a potential ban on these routers, citing national security concerns.  Sources familiar with investigations at the Commerce, Defense, and Justice departments told the Wall Street Journal that a nationwide ban on TP-Link routers could come as soon as next year.  WSJ noted that the Shenzhen-based […]

'Hawk Tuah' Influencer Breaks Silence After Memecoin Rig-Pull Allegations Authored by Turner Wright via CoinTelegraph.com, Hailey Welch, the influencer behind the viral ‘Hawk Tuah’ TikTok video, has released a statement after a memecoin bearing her handle pumped and dumped quickly after its December launch. In a Dec. 20 X post, Welch said she was “fully cooperating” with lawyers who represented investors in the Hawk Tuah (HAWK) token. The crypto users filed a lawsuit against the project’s creators and partners - Welch herself was not named as a defendant in the […]

Eggflation: Dozen-Pack At Supermarket Hit Record Highs As Bird Flu Ravages Farms New retail price data shows supermarket prices of a dozen eggs have soared to record highs. The surge comes amid an ever-expanding bird flu outbreak that has led to the culling of millions of birds, denting the size of the nation's egg-laying hen population.  Bloomberg cited Expana data showing that a dozen eggs in the Midwest cost about $5.67 this week, exceeding the record high of $5.46 set in December 2022.  Source: Bloomberg Expana's managing editor for eggs in the Americas, Karyn […]

Yes, Abolish Daylight Saving Time Authored by Jeffrey Tucker via The Epoch Times, For all our lives, we’ve been subjected to forced seasonal time change. Spring forward, fall back. That’s how we learn from childhood how to remember this. We are also told the reason early on. We are extending daylight hours. But only a moment’s thought reveals this to be untrue. The light you gain from a one-hour change is borrowed from later in the day. Government cannot magically make the day longer. It’s like the old joke, supposedly from an “old Indian” who points out that […]

Stoking Fears Of Rape By Coyotes, Texas To Use Mexican Billboards To Scare Migrants Off Texas has launched a billboard campaign in four Central American countries that uses pointed language -- some of it brutally frank -- to scare away would-be illegal immigrants from trying to make the dangerous journey into the United States.  "[The billboards] give potential illegal immigrants thinking of leaving their home country -- and those already on the way -- a realistic picture of what will happen to them on their journey or if they illegally cross into Texas," Gov. Greg Abbott said […]

Interpreting Putin's Remarks On Syria, Israel, And Turkiye Authored by Andrew Korybko via substack, Putin commented on Syria’s regime change during his annual Q&A session on Thursday. According to him, Russia’s military intervention succeeded in its goal of preventing the creation of an Afghan-like terrorist enclave. The groups that just seized power there, including terrorist-designated and -affiliated ones, have apparently changed their views over the years. That’s why the West wants to establish relations with them. The regime change therefore can’t be seen as […]

CNN Reveals "Troubling" Poll: American Trust In Vaccines Is Plummeting American trust in medical institutions and vaccine technology has been plunging the past several years, and though the media treats this as a "troubling" and dangerous development for our society the shift might represent a positive change.  The activities of Big Pharma have gone largely unchecked and unchallenged for many decades.  The FDA has a revolving door policy, allowing pharmaceutical executives to exit their companies and work at the agency with impunity, then leave again and return to their former […]

Florida Officials Say Federal Government Has "Stonewalled" State Investigation Into Would-Be Trump Assassin Authored by Jack Phillips via The Epoch Times, Florida’s governor and attorney general on Dec. 18 accused the federal government of blocking a state investigation into Ryan Wesley Routh, the man accused of attempting to assassinate then-former President Donald Trump at his Florida golf course. Florida Attorney General Ashley Moody alleged that the Department of Justice informed the state that it had to suspend its investigation into Routh, citing a federal law about […]

US Reveals It Has More Than Twice As Many Troops In Syria Than Previously Disclosed Only now after the overthrow of President Bashar al-Assad does Washington come clean about the actual number of American troops it has in Syria. On Thursday, the Pentagon revealed it has roughly 2,000 troops occupying northeast Syria, home to the country's vital supply of oil and gas, which is over twice the number it has been officially disclosing for years. The US has occupied Syria's oil and gas regions for years. US military spokesman Maj. Gen. Pat Ryder said this has been the figure for a […]

Judge Rejects Federal Government Request, Allows Derek Chauvin To Examine George Floyd's Heart Authored by Zachary Stieber via The Epoch Times, A federal judge has turned down the federal government’s bid to stop Derek Chauvin from examining George Floyd’s heart tissue. “The Court is not persuaded by the Government’s arguments, which provide no compelling reason that the Court should change its previous determination,” U.S. District Judge Paul A. Magnuson said in a two-page order filed on Dec. 19. The order granting Chauvin’s motion to examine Floyd’s heart […]

Et Tu Jagmeet? Trudeau Game Over Looms As Key Ally Vows To Topple Him In what could be the final act of a political drama swirling around Canadian Prime Minister Justin Trudeau, New Democratic Party (NDP) leader Jagmeet Singh has thundered in with a no-confidence motion that could topple the government, Reuters reports. "We will put forward a clear motion of non-confidence in the next sitting of the House of Commons," said Singh. The motion, set to unfold as the House of Commons returns from winter recess on January 27, has sent shockwaves through Ottawa's political corridors […]

"He Has Good Days & Bad Days": WSJ Exposes Concerted Effort To Conceal Biden's Mental Decline Authored by Jonathan Turley, In an explosive exposé, the Wall Street Journal has revealed how the mental decline of President Joe Biden was pronounced from the start of his term. However, cabinet members and other Democrats lied to the public about his declining levels of acuity and engagement. That effort succeeded largely with the help of an alliance with the media, which showed little interest in whether the President was actually running the government. After President Joe […]

Fed's hawkish stance, government shutdown concerns, and Saxo Bank's bullish silver outlook shape this week's precious metals landscape.

Will Trump Tariffs Kill Commercial Real Estate? Via SchiffGold.com, Will the Trump administration’s proposed tariffs on Chinese, Mexican, and Canadian imports could send shockwaves through the already vulnerable U.S. commercial real estate market? With a 10% tariff on goods from China and 25% tariff on imports from Canada and Mexico, the additional cost will be passed along to the US builder and consumer — and is a stiff repudiation to the notion of free markets. The Fed has predictably failed to get inflation under control before starting its rate-cutting bonanza, and […]

At Least 2 Dead, 60 Injured After Car "Attack" On German Christmas Market, Saudi Driver Arrested Watch Live UK News Summary: At least 2 dead At least 60 injured The suspect is a 50-year-old Saudi doctor who first came to Germany in 2006 Suspect has been arrested. "Lone perpetrator" *   *   * Update (1650ET): AP reports that at least two people are dead and at least 60 injured in what authorities suspect was an attack. The driver of the car was arrested shortly after the car barreled into the market at around 7 p.m., when it was busy with […]

Syrian Leader With $10M Bounty On His Head Meets With Delegation From Country That Put The $10M Bounty On His Head On Friday for the first time top Biden administration envoys met with Abu Mohammed al-Jolani in Damascus. Ironically the Hayat Tahrir al-Sham (HTS) leader, who has reverted to going by his birth name of Ahmad al-Sharaa, is wanted by the FBI for terrorism and still has a $10 million bounty on his head. That didn't stop Barbara A. Leaf, Assistant Secretary of State for Near Eastern Affairs, and a Biden admin delegation from meeting with the HTS leader in Damascus, […]

This was a wild week of trading in gold and silver, but look at this... The post Wild Week Of Trading In Gold & Silver, But Look At This… appeared first on King World News.

Trump Effect? China's 1Y Yield Crashes Below 1% For First Time Since GFC For the first time since the Great Financial Crisis (2008/9), short-dated Chinese bond yields have plunged back below 1%. In fact they are now at record lows... Source: Bloomberg As we head into the end of the year, impatient investors are left waiting for a real plan to underwrite consumption (as yields melt inexorably lower), and capital flight accelerates (spurred by concerns about yuan weakness). China suffered a record fund exit last month under the category of securities investment, according to […]

Big Lots Announces It Will Start Going-Out-Of-Business Sale At All Stores Authored by Jack Phillips via The Epoch Times, Discount retail store chain Big Lots announced Thursday that it will initiate “going out of business” sales at all its remaining locations after it was unable to reach an agreement with an investment firm. “In parallel with these efforts, the company is preparing to commence going out of business sales at all remaining Big Lots store locations in the coming days to protect the value of its estate,” the company said in a statement, which added that […]

At Least 6 Dead After New Ukrainian HIMARS Attack On Russian Town Cross-border tit-for-tat missile exchanges between Russian and Ukraine are really accelerating fast, and growing in size with each wave. On Friday, Ukraine's military pummeled southern Russia with US-made weapons for the second consecutive day. "Ukrainian forces launched a missile attack on Rylsk in Russia’s Kursk Region on Friday, killing six people, including a child, and injuring ten others," the acting governor of the region Aleksandr Khinshtein announced. He said further according to state media sources […]

If you are worried about the action in gold, silver and mining stocks just read this... The post If You Are Worried About The Action In Gold & Silver Read This… appeared first on King World News.

In this insightful discussion, Alan Hibbard of GoldSilver.com and Kurt Nelson of SummerHaven Investment Management share why 2025 might be a pivotal

A last-minute intervention by Donald Trump and Elon Musk has upended Congressional efforts to avoid a government shutdown. Using social media, they rallied opposition to a bipartisan spending deal, forcing House Speaker Mike Johnson to reconsider the proposal. The episode highlights Musk's growing political influence and previews potential challenges for the incoming Trump administration.

The Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5%, marking its third consecutive rate reduction in 2024. However, Fed Chair Jerome Powell signaled a more cautious approach to future cuts, indicating fewer reductions in 2025. This announcement led to a market reaction, with stock prices falling and Treasury yields surging. The Fed's decision reflects its ongoing efforts to balance economic growth with inflation control.

Gold prices edged higher Thursday, recovering from recent lows as traders reassessed the Federal Reserve's latest policy stance. The precious metal's rebound comes amid a complex economic landscape, with investors balancing the Fed's hawkish signals against ongoing geopolitical uncertainties and upcoming U.S. economic indicators.

The Federal Reserve has entered a new phase, with Chair Jerome Powell signaling a renewed focus on inflation despite recent rate cuts. After lowering rates by 1 percentage point, the Fed now aims to move cautiously, citing core inflation still above the 2% target. Policymakers have adjusted their rate projections upward for 2025, indicating a more hawkish stance than previously anticipated.

Investors should ignore volatility because Sprott says the bullish case for silver in 2025 remains strong. The post SPROTT: Ignore Volatility, Bullish Case For Silver In 2025 Remains Strong appeared first on King World News.

Wild day unfolded as the Fed cut rates, but today's trading was brutal. Take a look... The post WILD TRADING: Fed Cuts Rates But Today’s Trading Was Brutal appeared first on King World News.

UBS forecasts gold to reach $2,900/oz by the end of 2025, driven by continued central bank accumulation, increased demand for portfolio hedges, and expected lower interest rates. Despite recent price fluctuations, gold has outperformed the S&P 500 this year, and UBS maintains a bullish outlook due to geopolitical uncertainties, potential US dollar weakness, and the Federal Reserve's anticipated rate cuts.

The Federal Reserve is set to lower interest rates for the third consecutive time, with a 25-basis point cut expected on December 18. This reduction would bring the federal funds rate to a range of 4.25% to 4.50%, marking a full percentage point decrease since September. However, economists anticipate a slower pace of easing in 2025 due to persistent inflation and economic resilience.

Wednesday's Federal Reserve meeting is anticipated to deliver a "hawkish cut," combining a 0.25% rate reduction with a more cautious stance on future cuts. Factors influencing this outlook include above-target inflation, stronger-than-expected economic growth, and uncertainties surrounding President-elect Trump's fiscal policies. The Fed's updated projections and Chair Powell's comments will be closely scrutinized for insights into the pace of future rate cuts.

Gold traded near $2,648 per ounce ahead of the Federal Reserve's last policy meeting of 2024. Markets expect another rate cut, but uncertainty surrounds the pace and number of cuts in 2025. Traders are keenly awaiting the Fed's economic projections and policy statement for insights into future monetary policy, particularly in light of potential inflationary policies from the incoming Trump administration.

Gold prices remained stable on Wednesday as investors cautiously awaited the Federal Reserve's policy decision and 2025 economic projections. Spot gold dipped slightly to $2,643.79 per ounce, with markets anticipating potential interest rate cuts in the coming year. The Fed's guidance on future rate adjustments will be crucial for gold's trajectory, as lower rates typically boost the appeal of non-yielding assets like gold.

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, shared with King World News the key to the silver market and the next big signal for an upside breakout. The post Michael Oliver – Here Is The Key Signal For Silver’s Next Major Upside Breakout appeared first on King World News.

It appears "transitory" inflation is back on the rise again. Take a look... The post “Transitory” Inflation Is Back On The Rise Again appeared first on King World News.

Join Mike Maloney and Alan as they uncover the insane undervaluation of silver and what it means for your portfolio.

The gold and silver bull markets continue climbing a wall of worry, but is the price of silver really headed 80x higher? The post Gold & Silver Climbing Wall Of Worry, But Is Silver Really Headed 80x Higher? appeared first on King World News.

Retail sales in November exceeded Wall Street forecasts, rising 0.7% compared to the anticipated 0.6%. The increase was primarily fueled by a 2.4% jump in motor vehicle sales and a 1.8% boost in online purchases, reflecting continued consumer resilience.

A new AP-NORC poll reveals a stark partisan divide in economic outlook as 2024 ends. Despite positive economic indicators, Democrats' optimism has plummeted following Trump's election victory. Conversely, Republicans, while critical of the current economy, express hope for 2025 under Trump's leadership. This shift highlights how political affiliation increasingly influences economic perceptions, potentially challenging Trump's ability to translate economic policies into political success.

Gold prices edged lower on Tuesday as investors exercised caution before a series of central bank meetings this week, with the Federal Reserve taking center stage. Spot gold fell 0.5% to $2,639.56 an ounce, while gold futures for February delivery dropped 0.6% to $2,653.81 an ounce. The precious metal has been trading between $2,600 and $2,700 as traders await rate decisions from the Fed, Bank of Japan, and Bank of England.

Gold prices fell 0.6% to $2,636.89 per ounce as a stronger U.S. dollar and rising Treasury yields weighed on the market. Investors are focused on the Federal Reserve's upcoming policy meeting, where a 25 basis-point rate cut is expected. However, cautious sentiment surrounds the Fed’s projections for 2025, with expectations of a slower pace of rate cuts amid inflation concerns and economic resilience.

Consumers around the world need to buckle up because many food prices are hitting all-time highs. Take a look... The post BUCKLE UP: Many Food Prices Are Hitting All-Time Highs! appeared first on King World News.

China's central bank has restarted gold purchases after a six-month hiatus, adding 160,000 ounces to its reserves in November. This move coincides with Donald Trump's re-election and suggests China is preparing for potential trade tensions. The People's Bank of China now holds 72.96 million ounces of gold, reflecting its strategy to diversify reserves amid rising U.S.-China tensions.

Despite expectations of a structurally low volatility environment in 2025, analysts caution investors about the possibility of frequent market disruptions. Factors like uncertain US tariff policies, geopolitical strains, and funding market stress could trigger volatility spikes. While the VIX is projected to remain relatively stable, experts suggest that macroeconomic indicators point to potentially higher volatility levels, especially in Asian markets.

Bitcoin hit a new all-time high of $106,533 on Monday, December 16, 2024, driven by President-elect Donald Trump's proposal for a national cryptocurrency reserve. The surge extends Bitcoin's year-to-date gain to 192%, with the total cryptocurrency market value reaching $3.8 trillion. Trump's pivot towards crypto-friendly policies has energized markets, with his plans to establish a strategic Bitcoin reserve comparable to the nation's oil stockpile.

Gold prices inched higher on Monday, supported by a softer dollar, as the market braces for the Federal Reserve's policy meeting. Investors are expecting a 25-basis point rate cut and insights into the Fed's 2025 outlook. The anticipation of lower interest rates is bolstering gold's appeal, with analysts projecting further gains in the coming year.

As inflation cools, businesses are turning to dynamic pricing to sustain profits without alienating customers through broad price hikes. This approach uses algorithms to adjust prices based on real-time data such as demand, inventory, and customer behavior. Once limited to industries like travel and entertainment, dynamic pricing is now spreading across retail and restaurants thanks to AI-powered tools. While it promises efficiency and profitability, it also sparks consumer unease over fairness and potential discrimination.

Silver outpaced most expert’s forecast in 2024. See which analysts came closest, plus exclusive insights into 2025 price predictions.

Citigroup's 2025 commodities forecast paints a mixed picture, with oil and base metals facing bearish conditions while gold shines. The bank projects an oversupplied oil market, leading to price declines, but sees gold benefiting from economic uncertainties and a weakening job market in the U.S.

Federal Reserve Chair Jay Powell's commitment to policy independence may be challenged when Donald Trump retakes office in 2025. Despite Powell's firm stance on separating monetary policy from political influence, Trump's potential economic agenda—including mass deportations, tariffs, and tax cuts—could significantly impact the economy. With inflation already above the Fed's 2% target and a resilient economy, the Fed may need to keep interest rates higher for longer, especially when considering the potential effects of Trump's fiscal policies.

The Federal Reserve is poised to implement its third consecutive interest rate cut in December, lowering the benchmark rate to a range of 4.25% to 4.50%. However, economists surveyed by Bloomberg anticipate a more cautious approach in 2025, with only three rate cuts expected next year instead of the previously projected four. This shift is attributed to persistent inflation concerns and a robust economy, prompting the Fed to balance its monetary policy carefully.

Gold prices are expected to be influenced heavily by U.S. interest rate decisions in 2025, with BMI analysts predicting a cautious approach to rate cuts due to Trump's victory and potential inflation from tariffs. While gold is projected to average $2,500 per ounce next year, further upside may be limited. The metal's non-yielding nature means larger and more frequent rate cuts could push prices higher, but a resilient U.S. economy might temper this effect.

Join Mike Maloney and Brandon Hargraves as they dive deep into the world of Hedera Hashgraph (HBAR), the groundbreaking layer-1 network

U.S. jobless claims surged to 242,000 last week, marking a two-month high and exceeding economists' forecast of 220,000. The rise, which coincided with the Thanksgiving holiday, reflects a broader trend of elevated unemployment claims near three-year highs. Continuing claims also increased to 1.89 million, suggesting prolonged job searches for many Americans. California, Texas, and New York led the spike in claims, while only four states reported declines.

A strengthening US dollar and various economic challenges have caused the biggest decline in emerging market currencies since 2022. The JPMorgan emerging market currency index has fallen over 5% in the past two and a half months, with at least 23 currencies weakening against the dollar this quarter. This decline is attributed to expectations of Trump's trade policies, country-specific issues, and a general shift away from riskier assets.

Wall Street bond traders are grappling with the elusive concept of the neutral interest rate, which is crucial for predicting Federal Reserve policy. With estimates ranging widely, the uncertainty is causing significant volatility in the bond market. Investors face high stakes, as incorrect assumptions about the neutral rate can lead to substantial losses.

The gold market is taking a breather after a four-day advance, with prices slipping as traders reassess the longer-term outlook for US interest rates. While next week's Fed meeting is likely to bring a rate cut, the monetary policy trajectory for 2025 is less certain. This uncertainty, coupled with potential political changes, has caused some hesitation in the gold market. However, the precious metal remains poised for its best yearly performance in over four decades, buoyed by various supportive factors including central bank buying and safe-haven demand.

The World Gold Council (WGC) predicts a moderate increase in gold prices for 2025, contingent on stable market conditions. This forecast follows an exceptional year for gold in 2024, with prices hitting numerous record highs and total demand surpassing $100 billion in Q3. The WGC suggests potential upside if central bank demand exceeds expectations or if economic instability drives safe-haven demand. However, a reversal in interest rate cuts could pose challenges. The outlook considers factors such as expected rate cuts, geopolitical tensions, and the impact of U.S. policies under a second […]

The Bank of Canada slashed its key interest rate by 50 basis points to 3.25% on December 11, 2024, marking its fifth consecutive cut. This aggressive move comes in response to rising unemployment, which hit 6.8% in November, and a weakening economy. The central bank aims to stimulate economic growth and consumer spending while keeping inflation within its 1-3% target range. This decision is expected to benefit variable mortgage holders and could potentially reignite Canada's housing market.

Several major US banks express optimism for 2025, citing positive economic indicators and the potential impact of the incoming Trump administration. JPMorgan Chase, Citigroup, and PNC executives highlight expectations of increased revenues, higher investment banking fees, and improved trading performance.

November's Consumer Price Index (CPI) rose 2.7% year-over-year, meeting economists' projections and supporting the Federal Reserve's anticipated rate cuts. The monthly increase of 0.3% was the largest since April, while core inflation remained steady at 3.3% annually. Despite persistent inflation in shelter and services, experts believe the Fed will proceed with a 25bp rate cut at the upcoming FOMC meeting.

Gold prices remain flat as markets brace for crucial US inflation figures. The upcoming CPI data could influence the Federal Reserve's decision on interest rates and shape expectations for monetary policy in 2025. With spot gold at $2,695.91 per ounce, investors are closely watching for potential catalysts that could drive the precious metal's next move.

Goldman Sachs predicts gold prices could soar to $3,000 per ounce by the end of 2025, despite potential increases in the U.S. dollar's value. This forecast is based on expected interest rate cuts, heightened global uncertainty, and continued central bank buying. The analysts argue that gold can rally alongside a stronger dollar, challenging conventional wisdom. They cite factors such as Fed rate cuts, geopolitical tensions, and strategic diversification by key buyers like China as drivers for gold's potential surge.

Oil prices wavered Tuesday following Monday's gains, influenced by Syria's regime change and China's economic stimulus plans. WTI crude rose slightly to $68.52 per barrel, while Brent crude dipped to $72.03. The fall of Assad's regime in Syria introduced a modest risk premium, despite Syria not being a major oil producer. Concerns about potential impacts on Iran and Russia, key oil producers and Assad allies, contributed to market uncertainty. Meanwhile, China's pledge for monetary easing and fiscal stimulus provided some support to oil prices.

Today’s update exposes a critical and urgent threat that has been buried by mainstream media. For decades, global powers have taken steps

The European Central Bank (ECB) is set to implement its fourth consecutive interest rate cut this week, but officials are divided on how much these reductions can stimulate the eurozone's struggling economy. While some policymakers advocate for rapid cuts to boost consumer spending and business investment, others are more cautious, arguing that structural issues like high energy costs and labor shortages are beyond monetary policy's scope. The outcome of this debate will influence the extent of the ECB's easing campaign and its potential to stimulate economic activity.

The United States and the United Kingdom have imposed new sanctions targeting the illicit gold trade, which they claim funds Russian President Vladimir Putin's war in Ukraine and fosters corruption. The UK froze the assets of five individuals, including Kamlesh Pattni, a businessman accused of smuggling gold and laundering money through a global network. These sanctions aim to disrupt Russia's use of illegal gold to evade sanctions and bolster its military efforts.

Bullion prices edged higher for the third consecutive day, reaching near $2,675 an ounce, as market attention shifts to key US inflation data due this week. The reports are expected to provide insight into the Fed's final rate decision of the year, with traders anticipating a potential 25-basis point cut despite ongoing inflationary concerns.

Japan's economy grew at an annualized rate of 1.2% in Q3 2024, surpassing initial estimates of 0.9%. This stronger-than-expected growth has intensified speculation about an imminent interest rate hike by the Bank of Japan. The revised data, showing a 0.3% quarter-on-quarter expansion, strengthens the case for monetary policy tightening and has contributed to the yen's recent appreciation.

Gold prices climbed as China's central bank resumed bullion purchases after a seven-month hiatus, adding 160,000 fine troy ounces to its reserves. The surge was further fueled by heightened geopolitical tensions in Syria, where President Assad's regime collapsed, potentially destabilizing the Middle East and increasing safe-haven demand for gold.

Some asset managers are reconsidering their bearish stance on the US dollar due to a robust American economy and increasing global geopolitical tensions. Institutional investors have significantly reduced their short positions on the dollar, while hedge funds have increased their bullish bets, reflecting a growing optimism in the currency's strength.

In 2024, even the gold bulls weren’t bullish enough. See which analysts came closest. Plus a first look at the 2025 gold price predictions

Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS' determination to reduce reliance on the US dollar in international trade.

Gold prices remain stable as investors anticipate the release of the US nonfarm payrolls report, which could influence the Federal Reserve's interest rate decisions. Strong labor data might discourage aggressive rate cuts, potentially impacting gold prices. Despite recent fluctuations, gold has seen significant gains in 2024, supported by rate cut expectations and central bank purchases.

Macquarie Group predicts gold will hit record highs in 2025, averaging $2,800 per ounce by mid-year and possibly challenging $3,000. This bullish outlook is supported by falling interest rates, central bank bullion purchases, and a rebound in ETF holdings. Analysts note that geopolitical risks or fiscal uncertainty could further boost demand for the precious metal.

If this is a measurement of the scale of our bubble…that is saying…this is horrifying. This is absolutely horrifying.

Incrementum has released its December 2024 Gold Compass report, offering a comprehensive analysis of the gold sector. Co-authored by Ronald-Peter Stöferle and Mark J. Valek, the report examines key factors influencing gold, including real interest rates, debt, and inflation, providing investors with valuable insights into the precious metals market.

US unemployment benefit applications rose to a one-month high of 224,000 in the week ending November 30, surpassing economists' expectations of 215,000. This increase of 9,000 claims coincided with the Thanksgiving holiday, a period known for data volatility. Despite this uptick, the labor market remains relatively stable, with continuing claims dropping to 1.87 million. The rise in initial claims, coupled with recent job cut announcements from major companies, may indicate subtle changes in the job market, though overall layoffs remain low.

Wage growth at the smallest US firms accelerated in November, with businesses employing fewer than 20 people seeing a 4.2% annual rate increase. This marks the biggest jump since early 2022 and could concern Federal Reserve policymakers monitoring inflation pressures. The trend extends to firms with 20-49 employees, while larger companies saw slower or unchanged wage growth.

Macquarie Group forecasts gold to reach new heights in 2025, potentially challenging $3,000 an ounce. Analysts cite Fed rate cuts, central bank buying, and possible Chinese demand as key drivers. Despite a potential struggle in Q1 due to a strong dollar, gold is expected to rally thereafter, with ETF holdings showing room for growth.

President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and cryptocurrency advocate, to chair the Securities and Exchange Commission. Atkins is known for favoring clearer, less restrictive regulations on cryptocurrencies and has criticized the Dodd-Frank legislation. His appointment signals a potential shift towards a more crypto-friendly regulatory environment, contrasting with the approach of outgoing SEC Chair Gary Gensler. The crypto industry has welcomed this nomination, with bitcoin surging above $100,000 following the announcement.

Mexico has announced a 12% increase in its minimum wage, raising it to 279 pesos per day starting January 1, 2025. Despite this nominal increase, the depreciation of the Mexican peso by 18% over the past year means that the wage effectively decreases in dollar terms, now equating to about $13.75 per day compared to $14.25 last year. This adjustment, decided by a commission including government, labor, and business representatives, aims to counteract domestic inflation, which is currently around 4.75%. However, the new wage still falls short when compared to U.S. minimum wages.

Major financial institutions are predicting strong economic growth for the US in 2025, with forecasts exceeding current consensus estimates. Wells Fargo leads with the highest S&P 500 target of 7,007, while Bank of America projects 2.4% GDP growth. Analysts expect a shift from tech dominance to broader market participation, favoring value stocks and GDP-sensitive sectors.

Gold prices stabilized around $2,635 an ounce as investors evaluated political unrest in South Korea and France. Despite a 5% decline from October's record high, gold remains up 28% this year, supported by US monetary easing and central bank purchases. Upcoming US jobs data and the Federal Reserve's December meeting are key factors influencing gold's near-term outlook, with a potential 25-point rate cut expected.

Mike Maloney, bestselling author and expert on precious metals, reveals why he believes that $9,000 per ounce of gold may be an “absurdly low”

China has banned exports of gallium, germanium, antimony, and other high-tech materials to the United States in response to recent US semiconductor export restrictions. This move escalates the ongoing trade tensions between the two nations, as these materials are crucial for various technological and military applications. The ban, effective immediately, also includes stricter controls on graphite exports and covers superhard materials used in industrial applications.

Top Fed policymakers have hinted at the possibility of a December interest rate cut while maintaining flexibility in their approach. Christopher Waller, John Williams, and Raphael Bostic all indicated that rate reductions are likely in the coming year, but they stopped short of guaranteeing a cut at the December meeting. The officials emphasized the importance of upcoming economic data in shaping their decision, highlighting the Fed's data-dependent strategy.

Gold prices retreated as the dollar strengthened, with investors eagerly anticipating Friday's US jobs data for insights into the Federal Reserve's next move. Trading around $2,640 an ounce after a 2.7% drop last week, gold faced pressure from a stronger dollar and reduced safe-haven demand following a Middle East ceasefire. However, ongoing geopolitical tensions and expectations of potential rate cuts continue to support gold's overall bullish trend.

Gold prices rose on Friday due to a weaker dollar and geopolitical tensions, but are still set for their largest monthly decline since September 2023. The 3% drop in November is attributed to Donald Trump's election victory, which sparked a dollar rally and expectations of higher interest rates. Despite Friday's gains, gold remains on track for a 2% weekly fall, with investors now eyeing upcoming U.S. economic data for clues on future Fed rate decisions.

French Prime Minister Michel Barnier invoked Article 49.3 to push through a controversial budget bill without parliamentary approval. This move allows the social security bill to pass but exposes Barnier's government to potential no-confidence votes, which could lead to its dissolution within days.

The Federal Reserve, under Jerome Powell's leadership, is shifting from its expansive role during recent crises to a more traditional focus on interest rates and inflation control. This transition marks a return to "plain vanilla" central banking, potentially making monetary policy less dramatic but more stable. The change comes as the economy stabilizes and inflation shows signs of control, possibly reducing the Fed's prominence in economic policymaking.

As December trading began, gold and silver prices experienced downward pressure due to a strengthening U.S. dollar and rising Treasury yields. Gold futures fell 0.6% to $2,663.30 an ounce, while silver futures declined by a similar percentage. The dollar's rise, influenced by potential trade tensions and robust U.S. economic performance, is making dollar-denominated commodities more expensive for foreign buyers. Market focus remains on upcoming economic data that could influence the Federal Reserve's interest rate decisions and, consequently, precious metal prices.

Consumer prices keep climbing, but gold tells a different story. See the 30-year trend that smart investors are watching.

As inflation continues to impact household budgets, US consumers are adopting extreme measures to save money during the 2024 holiday season. Shoppers are drastically cutting gift budgets, seeking out secondhand items, and starting their holiday shopping months in advance to secure the best deals. With holiday sales growth expected to slow, retailers face increased pressure as consumers prioritize essentials over discretionary spending.

Wall Street macro traders are facing their worst year since the pandemic, with revenues from foreign exchange and rates trading expected to drop significantly. Over 250 major financial institutions are projected to see a 17% decline in rates trading revenue and a 9% decrease in currency trading revenue compared to last year. This downturn is attributed to tighter margins, reduced investor confidence, and a challenging macroeconomic environment.

Gold premiums in India remained steady as price fluctuations stabilized demand. Strong demand early in the week due to lower prices was offset by a later price increase. The onset of the wedding season is expected to improve demand, while China has issued import quotas to manage gold flows.

Despite a minor increase in Eurozone inflation to 2.3% in November, the European Central Bank is still anticipated to reduce interest rates. This decision is influenced by ongoing worries about sluggish economic growth and the potential impact of new U.S. tariffs under the incoming Trump administration.

Wall Street analysts are revising their expectations for Federal Reserve interest rate cuts in 2025. While the Fed is expected to cut rates for the fourth time this year in December, economists predict a slower pace of cuts next year. Persistent inflation and solid economic growth have led to doubts about rapid rate reductions. Markets now project about two cuts in 2025, down from the Fed's earlier projection of four. Economists generally agree that the current federal funds rate is restrictive, but the extent of future cuts remains uncertain without significant improvement in inflation data.

Join us in today’s revealing update as we celebrate the things that we are grateful for. Happy Thanksgiving to everyone...

Despite a 6% decrease in turkey prices, Americans are cutting back on Thanksgiving feasts due to ongoing concerns about food costs. Turkey production has fallen to its lowest level since 1985, yet prices are still dropping due to lackluster demand. Retailers are limiting purchases to reduce exposure, while consumers are opting for smaller quantities of turkey meat instead of whole birds.

Coffee prices have surged to their highest levels since 1977, with Arabica futures climbing to $3.17 per pound. This dramatic increase is primarily due to supply disruptions in major coffee-producing countries, particularly Brazil and Vietnam. A severe drought in Brazil earlier this year has raised concerns about the country's coffee output, while Vietnam has faced both drought during the growing season and heavy rains at the start of harvest. These supply issues are expected to impact consumers, with companies like Nestle already planning to raise prices and reduce package sizes.

In Q3 2024, the US economy expanded at a healthy 2.8% annual pace, maintaining its momentum from previous quarters. Consumer spending, which accounts for about 70% of economic activity, accelerated to 3.5%, while exports surged by 7.5%. Although business investment slowed, particularly in real estate, equipment spending increased significantly. This steady growth pattern has persisted for most of the past two years, demonstrating the economy's durability.

Gold prices climbed as the US dollar weakened, with investors awaiting key economic data that could influence the Federal Reserve's interest rate decisions. Spot gold rose 0.8% to $2,653.20 per ounce, recovering from earlier losses triggered by easing geopolitical tensions in the Middle East. Traders are focusing on upcoming US economic indicators, including the PCE inflation data, which may provide insights into the Fed's monetary policy direction.

Dive into the most eye-opening charts you’ll ever see as we uncover the hidden truths about the monetary system’s influence on prosperity.

Morgan Stanley forecasts gold prices to stabilize around $2,700/oz in Q1 2025, following a recent rally to record highs. While strong physical demand and rate cut expectations drove prices up, signs of weakening demand and macroeconomic uncertainties may limit further gains. Central bank purchases and ETF flows remain supportive, but slowing physical demand and increased supply could cap gold's upside potential.

President-elect Donald Trump has announced plans to impose a 10% tariff on Chinese goods, citing China's alleged failure to curb drug trafficking into the US. This move could potentially reignite trade tensions between the world's two largest economies. China has responded by defending its counter-narcotics efforts and calling for cooperation, while experts speculate on how President Xi Jinping will navigate this early challenge from the incoming Trump administration.

Mexican President Claudia Sheinbaum announced plans to send a letter to U.S. President-elect Donald Trump, urging for dialogue in response to his proposed 25% tariffs on Mexico and Canada. She warned that such tariffs would lead to inflation and job losses in both countries, potentially violating the USMCA agreement. Sheinbaum emphasized Mexico's efforts in combating drug trafficking and reducing migrant arrivals, while highlighting the need for cooperation on shared issues like illegal arms trade from the U.S. The Mexican peso fell by 1.3% following the announcement.

Oil prices rebounded slightly after a sharp decline, as traders grappled with President-elect Trump's tariff threats and potential progress on an Israel-Hezbollah ceasefire. Brent crude edged above $73 per barrel, recovering from earlier losses triggered by a strengthening dollar. The market remains cautious, balancing geopolitical risks against expectations of oversupply in the coming year.

The appointment of Scott Bessent as Treasury Secretary is being welcomed by investors who anticipate he will moderate some of Trump's more extreme economic measures. This sentiment has fueled gains in US Treasuries and stocks, while the dollar has weakened. Bessent is expected to favor a cautious implementation of trade restrictions and focus on fiscal responsibility, which has provided a sense of relief to the financial markets.

Warren Buffett, the iconic investor and chairman of Berkshire Hathaway, has announced plans to donate 99.5% of his $149.7 billion fortune to charity upon his death. This wealth will be managed by a trust overseen by his children, Susie, Howard, and Peter Buffett, with designated successors if needed. Buffett has already donated over $58 billion since 2006, including another $1.14 billion in Berkshire stock to family foundations. His children will have a decade after his passing to distribute the remaining wealth for philanthropic purposes, continuing Buffett's legacy of generosity.

The post-election rally in stock markets, driven by expectations of pro-business policies under President-elect Donald Trump, is likely to elevate the Federal Reserve's favored inflation measure. This increase in stock prices affects the PCE price index by raising costs in portfolio management services, a critical component influencing Fed policy. As a result, the Fed may need to maintain a hawkish stance on interest rates unless there is a significant market correction.

The United States and Europe are set to diverge significantly in their monetary policies next year. The Federal Reserve plans to reduce interest rates less aggressively than the European Central Bank (ECB) due to higher growth and inflation projections in the U.S. Meanwhile, the ECB is expected to respond more forcefully to Europe's sluggish growth and low inflation. Donald Trump's proposed tax cuts and tariffs are anticipated to keep U.S. inflation above 2%, while Eurozone inflation may fall below the ECB's target. This divergence highlights concerns about the Eurozone's economic […]

The price of gold fell 1% on Monday as investors took profits after a five-session rally, reaching a three-week high. The decline was further influenced by the appointment of Scott Bessent as the new U.S. Treasury Secretary, which eased market concerns about trade wars, reducing the demand for gold as a safe-haven asset. Additionally, market participants are closely watching the upcoming Federal Reserve's November FOMC meeting minutes, GDP data, and core PCE figures, with a 56% chance of a 25 basis point rate cut expected in December.

Gold prices fell as traders reacted to Donald Trump's nomination of Scott Bessent as Treasury Secretary and anticipated the Federal Reserve's upcoming interest rate decision. Despite a weaker US dollar, which typically supports gold, bullion dropped nearly 2% after a significant rally last week driven by geopolitical tensions. The market views Bessent's nomination as a stabilizing factor for the economy, potentially reducing gold's appeal as an inflation hedge. Analysts suggest that profit-taking and Bessent's perceived moderate stance on trade may have contributed to the decline.

A massive discovery of 330 tons of gold in China's Hunan province could now reshape the metals market...

Goldman Sachs expert Samantha Dart attributes the surge in gold prices to central bank purchases, forecasting a rise to $3,000 per ounce by late 2025. Dart points to central bank acquisitions as the primary driver behind gold's price increase highlighting the significant impact of institutional buying on the precious metals market.

Warren Buffett's Berkshire Hathaway has amassed a record $325 billion cash pile, sparking speculation about his market outlook. While some interpret this as a bearish signal, experts argue it's a normalized cash-to-assets ratio for Berkshire. Buffett's recent stock sales, including reducing positions in Apple and Bank of America, have contributed to this cash accumulation. The lack of attractive investment opportunities at current valuations and potential preparation for leadership transition may explain this strategy, rather than solely anticipating a market downturn

Recent economic data and proposed policies from the incoming Trump administration have prompted the Federal Reserve to adopt a more conservative stance on interest rate cuts. This change in outlook could lead to fewer reductions in 2025 than previously anticipated, potentially affecting mortgage rates, auto loans, and small business financing. The Fed now emphasizes a measured approach to rate decisions, citing the economy's current resilience.

As the Russia-Ukraine conflict escalates, gold and oil prices surge while the euro weakens. Gold rose 5.4% this week to $2,688 an ounce, and Brent crude gained 4.5% to $74.29 a barrel. The U.S. dollar reached a two-year high as poor economic data and rising European gas prices pressured the euro. Tensions heightened after Russia fired a hypersonic missile into Ukraine, responding to Western weapons support for Kyiv.

The British pound tumbled to its lowest level against the dollar since May, following weak economic data. November's business output shrank for the first time in over a year, while October's retail sales fell more than expected. This economic weakness may force the Bank of England to consider more aggressive rate cuts than previously anticipated.

Chicago Fed President Austan Goolsbee supports further interest rate cuts but suggests a slower pace may be appropriate. The Fed faces a debate on the speed and extent of rate reductions, with some officials concerned about stalled inflation progress and others worried about labor market cooling. Uncertainty surrounding President-elect Trump's policies adds complexity to the decision-making process. The upcoming December Fed meeting will be crucial in determining the next steps for monetary policy.

China has unearthed a massive gold deposit worth $83 billion in Hunan province. Geologists discovered over 40 gold veins containing 300 tonnes of gold within 2,000 meters depth at the Wangu gold field. This find could significantly boost China's gold production, which currently accounts for 10% of global output. The Hunan Academy of Geology predicts potential reserves exceeding 1,000 tonnes at depths beyond 3,000 meters.

Richmond Fed President Tom Barkin warns that the US economy is now more vulnerable to inflation shocks than in previous years. While expecting overall inflation to continue declining, Barkin notes that businesses are more readily passing costs to consumers. He expresses concern about potential inflationary impacts from proposed policies, including tariffs and immigration changes, under a potential Trump administration.

Gold prices continued their upward trend for the fourth consecutive day, driven by increased safe-haven demand amid disappointing tech earnings and ongoing geopolitical tensions. Spot gold rose 0.6% to $2,665.31 per ounce, with bullion up 4% for the week. Analysts attribute the surge more to falling stock markets following Nvidia's underwhelming forecast than to the Ukraine-Russia conflict.

UBS Global Wealth Management's chief investment officer, Themis Themistocleous, advises that gold is a more effective hedge than Bitcoin due to its lower volatility. Despite Bitcoin's recent rally, UBS cannot recommend it to private clients, citing its extreme price fluctuations. Themistocleous suggests that traditional hedges like gold offer better portfolio protection with less risk.

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.