Gold and silver bounced back a bit last week, but bullion is still from down its yearly highs – close to $1300 for gold and $18.5 for silver. This week there aren’t major U.S. economic reports and in Europe the…
Gold and Silver Report for July 17-21
Yellen Is Not Loving It, Markets Do — MM #152
The dollar and bond yields were on the back foot while stocks advance on a mix of Yellen’s testimony on inflation, inflation itself and politics. We break down the events and look towards a hot summer. You are welcome to listen,…
Gold and Silver Report for July 10-14
Gold and silver, much like many other commodities, took another hit last week. And the better than expected NFP report also provided additional downward pressure on precious metals. The strong gain in jobs paved the way, for now, for the…
Where Are The Wage Hikes? — MM #151
The latest US jobs report is out and the picture is becoming clearer: more job gains, no pay rise. We tackle all the aspects of the labor market, looking for the elusive inflation, the Fed reaction and what’s next for the…
U.S. NFP: Jobs Beat Expectations; But Wage Growth Remains Flat
The U.S. non-farm payroll report beat market estimates: A gain of 222K jobs vs an estimated growth of 175K (The ADP estimated a gain of 158K jobs) in June; but wages growth, yet again, didn’t pick up and showed a…
Gold and Silver Report for July 3-7
It’s an interesting time for bullion investors because gold and silver prices are being pulled in different directions, which as of last week at least, resulted in both precious metals losing some ground. On the one hand, long term interest…