Gold and silver have both been strong recently – can the gold to silver ratio break lower? For the week ended Friday, January 4, gold finished higher by $4 or 0.3% to close at $1,285 as of the final trade on the New York COMEX futures exchange. Meanwhile, silver finished […]
2018 is within a few hours of the record books as this article is being written, so let us take the opportunity to review the year in the global markets, and to see how precious metals fared in the mix. Below we show a wide comparison of 48 asset classes […]
Six weeks ago we predicted a deflationary event was in store for US stocks, and that precious metals would see a firm bid as a result: https://bullionexchanges.com/blog/2018/11/12/deflationary-event-on-the-horizon/ Over the past week the Federal Reserve hiked interest rates once again. It’s fourth increase of 2018 and ninth of the present cycle […]
On the macroeconomic front, the major event for the week ahead is the Federal Reserve’s once-per-six-week meeting on Wednesday. An announcement on interest rate and monetary policy is due at 2pm EST. With the recent weakness in both US stocks and bonds, this is perhaps the most uncertain meeting since […]
US stocks continue to be weak, with the S&P 500 large-cap stock index (SPX) falling 4.6% for the week. The market is now probing the recent lows set in late October. The SPX closed at 2633 for the week, whereas the intraday low of October 29 was 2603. Our assessment […]
