Gold, Silver Trading Activity Rise In May – LBMA
The gold market saw a modest increase in trading activity last month as the price remained relatively flat, according to the latest data from London Bullion Market Association.
Read moreGold To Move Above $2,000 An Ounce In Three Years – Incrementum AG
Unprecedented global monetary easing is expected to drive inflation higher, and expand the current bond market bubble; and in this environment, one European fund says gold and mining stocks could benefit.
Read moreQ3 To Be Weakest Quarter For Gold, Mild Recovery Thereafter – Barclays
After a strong start to the year, the gold rally “fizzled out” at the start of the second quarter, and although one bank is expecting to see more weakness over the next three month, there could be light at the end of a tunnel.
Looking For EURUSD To Fall To Parity In 2016 – Barclays
As markets await the U.S. Federal Reserve’s first move on rates, one research firm says equity markets may not be negatively affected as many believe.
U.S. Weekly Jobless Claims Rise To 271K
(Kitco News) – First-time weekly jobless claims in the U.S. rose by 3,000 claims to a seasonally adjusted 271,000 during the week to Saturday, the Labor Department said Thursday.
Read moreGold Languishes as Fresh Fundamental Inputs Awaited
(Kitco News) – Gold prices are near steady in early U.S. trading Thursday. There is not much new in the market place this week, which is allowing the chart-based traders to control gold and silver—and the charts are bearish.
Yep, Greece Is Still The Default Topic
Kitco News – Gold Prices are near steady in pre U.S. market trading. The U.S. Dollar index is also trading near steady. The Greece-European Union debt restructuring/bailout talks are down to the 11th hour (again) today. Reports said Greece and its lenders are submitting two drafts to a summit of EU leaders in Brussels taking place Thursday and Friday.
The 6 P.M. Recap With Gary Wagner: Zombies Of The Fed Part 543 At Your Local Financial Theater Now
It’s already time to focus again on the possibilities surrounding a Fed interest-rate hike. Yes, it’s like a zombie. Cut it, burn it, run away from it, bury it… it keeps showing up. (Maybe that’s more like your aunt and uncle from Toledo, but you get the idea.)
Follow The Gold To China – Jim Rickards
(Kitco News) – China’s quest to get the yuan recognized as a reserve currency by the International Monetary Fund (IMF) could trickle down to affect gold, says Jim Rickards, best-selling author of Currency Wars and The Death of Money.
Read moreHow Could Yuan Reserve Currency Status Affect Gold? – Jim Rickards
China’s quest to get the yuan recognized as a reserve currency by the International Monetary Fund (IMF) could trickle down to affect gold, says Jim Rickards, best-selling author of Currency Wars and The Death of Money.
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