Gold and silver have taken a pause from their rally of the past several weeks. But this pause could end this week as the FOMC plans to raise rates. Although the market is already pricing in the next rate hike,…
Gold and Silver Report for June 12-16
Category: Opinion
US Labor Market and UK’s Labour Comeback — MM #147
We start with the US labor market which is slowing down and may not be enough for a rate hike. We then cross the Atlantic to the UK’s June 8th elections, where the Labour Party made a surprising comeback. We…
Poking Holes in the FOMC and OPEC — MM #146
What is the Fed trying to tell us? Markets are anticipating the Fed decision in June and might be caught wrong-footed. OPEC made its decision and we had a “sell the fact” reaction. But there’s much more inside. We top it off…
Fading Political Risk, Constructive on Crude — MM #145
We start from the political storms that were only a storm in teacup for stocks. We then continue with oil and see some room for rises before previewing the events of the week. You are welcome to listen, subscribe, provide feedback and…
Brexit Bites the BOE, Volatility Evaporates — MM #144
After the BOE’s decision and ahead of the elections, we examine the situation in the UK and discuss the pound. We then continue to rant about the lack of volatility before previewing the upcoming events. You are welcome to listen,…
No More Dovish Draghi and Diagnosing the Donald — MM #142
As we turn the page to May there’s a lot on our plate: Draghi’s impact on the euro, Macron’s lead in France and the Donald’s first 100 days. Markets care about three things, and the wishes are not really being…
U.S. NFP: Mixed Bag with Low Jobs Growth But Also a New Record Low Unemployment
The U.S. non-farm payroll, missed estimates on jobs growth: 98K vs an estimated growth of 174K (The ADP estimated a gain of 263K jobs) in March; and wage growth came at 2.7% in annual terms – as expected. Unemployment rate…
Murky Markets and Further Fed Fallout — MM #139
The Ides of March continue echoing and echoing. We discuss further fallouts from the Fed and move to on markets, which are also falling out. Is this the beginning of a downfall? You are welcome to listen, subscribe, provide feedback…
The Art of the Dovish Hike — MM #138
The Ides of March proved to be ominous for dollar bulls as the Fed succeeded in beating the greenback while hiking rates. We discuss what this means and touch on other market moving events before previewing the next week. You are welcome…
Fed Fever and Crashing Crude in the Ides of March — MM #137
The rate hike is coming. But what does it mean for markets? We start with the big upcoming event and then continue to the slippery nature of oil prices before previewing other events in the Ides of March. You are welcome…