The latest NFP report showed strong growth in jobs (211K vs. exp. of 194K) and modest decline in unemployment rate to a new low and yet wages are not picking up at a faster pace. This news, however, was still…
Gold and Silver Report for May 8-12
Category: Silver
Gold and Silver Report for May 1-5
The bullion market has taken a beating last week as the risk-on mode has gained momentum following the relief from the tension over the French elections and relatively robust earnings in the U.S. But this week the focus will shift…
Gold and Silver Outlook for April 24-28
The first round of the French elections is over and now that it’s a head to head match between Macron and Le Pen the markets could refocus their attention on the ECB’s next move – at least until the second…
Gold and Silver Outlook for April 17-21
The recent CPI and retail sales reports, which were released on Friday when the markets were closed, may have brought in a new wave of dovishness to the markets: These reports – mostly the CPI that showed an unexpected drop…
Gold and Silver Outlook for April 10-14
The employment situation in the U.S. is still on solid ground with unemployment dipping to its lowest level in years; and even the broader unemployment rate (U6) measure has fallen to its lowest since December 2007. But the number of…
Gold and Silver Outlook for April 3-7
The talks over the Trump trade continue to cool down as the markets are slowly adjusting to the fact that perhaps there will be far fewer legislations passed under the current administration – including on tax reform, health care and…
Gold and Silver Outlook for March 27-31
The recent debacle of the GOP over its attempt to pass healthcare legislation (repeal and replace the ACA) has put into question, at least for some market participants, whether other legislations will pass – including tax reform. This shift help…
Gold and Silver Outlook for March 20-24
The Fed, as expected, raise rates by 25 basis points to 0.75 to 1 percent. This wasn’t a surprise. But the FOMC didn’t revise its dot plot and left as members still expect only two more hikes this year. The…
Gold and Silver Outlook for March 13-17
The NFP report came better than expected – 235K jobs added in February – enough to clear the path for the Fed to raise rates in the upcoming meeting that will conclude on Wednesday. This news, however, doesn’t vote well…
Gold and Silver Outlook for March 6-10
Fed officials were able to influence markets that a rate hike in March is a very likely option. This shift has not only raised long term interest rates but also bullion price. This week the markets will look for additional…