Zang warns “Genius Act” will trigger hyperinflation, sees “globally coordinated” gold confiscation ahead
(Kitco News) – The recently signed “Genius Act” is a deliberate plan to trigger hyperinflation using stablecoins as its primary tool, according to financial analyst Lynette Zang.
Read moreTrump’s firing of Fed Governor Cook roils markets and Capitol Hill, boosts gold to the edge of $3,390/oz
(Kitco News) – President Donald Trump’s Monday evening announcement that he intends to fire Federal Reserve Governor Lisa Cook from her position is the most significant escalation of his attacks on the central bank’s independence, and it has provoked a strong reaction from Democrats and the markets – and a renewed bid for gold prices.
Read moreGold gains on uncertainty surrounding Trump firing Fed official
(Kitco News) – Gold prices are moderately higher and hit a two-week high Tuesday, on a safe-haven boost after President Trump said he has fired a Federal Reserve governor.
Read moreGold gains on uncertainty surrounding Trump firing Fed official
(Kitco News) – Gold prices are moderately higher and hit a two-week high Tuesday, on a safe-haven boost after President Trump said he has fired a Federal Reserve governor.
Read moreGold prices holding steady as U.S. consumer confidences drops slightly to 97.4
(Kitco News) – U.S. consumers remain slightly more optimistic than expected, even as overall U.S. Consumer confidence struggles.
Read moreGold rises to $3,377/oz after U.S. durable goods decline -2.8% in July
(Kitco News) – The gold market is trading near session highs after the latest economic data showed sales of durable goods for July declined more than expected.The Commerce Department announced Tuesday that U.S. durable goods orders fell -2.8% last month, following June’s unrevised decrease of -9.3%. The data was better than expected, as the consensus view of economists called for a decrease of -4.0.
Read moreGold price modestly up as Trump says he fired Fed governor
(Kitco News) – Gold prices are mildly higher and hit a two-week high in early U.S. trading Tuesday, on a mild safe-haven boost after President Trump said he has fired a Federal Reserve governor.
Read moreBitcoin August 26 daily chart alert – bulls work to stop the bleeding
(Kitco News) – Tuesday, August 26—August bitcoin futures prices are up a bit in early U.S. trading, after hitting a six-week low overnight. Bulls are trying to stabilize a declining market.
Read moreGold market analysis for August 26 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreSaudi Central Bank buys $40 million in SLV and silver miners, but it’s not what you think
(Kitco News) – Silver prices remain trapped below $39 an ounce; however, some analysts say they expect it is only a matter of time before prices break above $40 and push to record highs as the precious metal continues to attract significant attention.
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