Fed Leaves Rates Unchanged, Markets Digest and Precious Metals Soar
Here are the three main reasons the Fed held pat. Lack of inflation. The absence of inflation. The disappearance of inflation.
Read moreSorry Trump, The Fed Is Not Politically Compromised – Fed Chair Janet Yellen
(Kitco News) – Fed Chair Janet Yellen is pushing back on recent criticism from Republican Presidential Candidate Donald Trump that the Fed is politically motivated to keep interest rates low.
Read morePost-Fed
A small car pulled up to the office of the Federal Reserve and clown after clown emerged, taking their seats at the Fed Open Market Committee meeting.
Read moreGold Boosted By No Rate Hike From FOMC
Gold and silver price were trading solidly higher in afternoon U.S. trading Wednesday, following bullishly construed conclusions to Bank of Japan and U.S. Federal Reserve monetary policy meetings.
Read moreGold Prices Higher As FOMC Leaves One Rate Hike On Table
Kitco News reports on the Federal Open Market Committee monetary policy decision for September
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreMint Security Hits Rock Bottom…
An employee of the Royal Canadian Mint apparently found an unconventional way to get gold out of the fortress-like facility, successfully smuggling $180,000 worth of the metal, before getting caught.
Read moreAnaconda Fiscal 1Q Gold Sales Decline Amid Lower Grades
Anaconda Mining Inc. (TSX: ANX), a gold-mining and exploration company with the producing Point Rousse project and the Viking exploration/development project in Newfoundland
Read moreJapan’s Monetary Reboot Still Good For Gold; Fed Now On Deck
(Kitco News) – A reboot of the Bank of Japan’s monetary policy created some momentum in gold overnight and all eyes are now on the U.S. central bank to determine if the rally will continue, according to some analysts.
Market Too Focused on Fed, BoJ Instead of Fundamentals – Celente
The marketplace is too focused on central bank policies rather than market fundamentals, and this is why longtime trend forecaster Gerald Celente remains skeptical on equity markets.
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