Increased Supply Chain Bottlenecks Sparks Global Economic Warning The ocean harbors more than 80% of the globe’s traded goods. The Royal Bank of Canada (RBC) conducted a new study that has revealed economic data suggesting that 20% of all container ships in operation are sitting in traffic at several different […]
Fed’s Key Inflation Gauge Spikes 5.4% for March Mar. 31, 2022 The core personal consumption expenditures (PCE) price index rose 5.4%, more than this time last year, making it the highest increase in close to 4 decades. The Federal Reserve considers the PCE price index as the most reliable indicator […]
The London Bullion Market Association (LBMA) has currently suspended transactions with all six Russian silver and gold refineries. The ban of Russian refineries on LBMA’s “Good Delivery” list is part of the US, EU, and the UK sanctioned imposed on Russia for its incursion on Ukraine. LBMA will still accept […]
Russia Central Bank Doubles Interest Rates to Slow the Collapse of Ruble Feb. 28, 2022 The US, UK, and EU implemented a multitude of economic sanctions against Russia for its incursion on Ukraine last week. As a result, the Russian ruble has crashed as low as 115 against the US […]
Is Silver Making a Comeback? Source: Pixabay There is no question that 2021 gold and silver prices generated strong debates among investors and analysts regarding precious metals’ performance numbers. But with the start of 2022, many investors and analysts are highly optimistic about silver’s potential of outperforming gold. Silver struggled […]
