- Federal Reserve Chair Jerome Powell attended a Foreign Bankers’ Association event in Amsterdam on Tuesday, which offered him the opportunity to comment on the U.S. economy in general, and inflation in particular, after PPI came in well above expectations in the morning.While Powell pointed to the progress that was made on inflation in 2023, he acknowledged that this year has not continued the positive trend. - The gold market is struggling to hold the line at $2,350 an ounce as inflation in U.
– Blue-chip U.S. tech stocks are not only outperforming most of the market, they’re also encroaching on gold’s traditional role as a hedge against inflation and currency depreciation, according to the results of the latest Bloomberg Markets Live Pulse survey.BRICS will drive USD hyperinflation, buy gold, silver and Bitcoin before the coming depression – Robert Kiyosaki
- After a relatively quiet start to the year, the platinum market is attracting new attention, with prices once again pushing back above $1,000 an ounce. Analysts warn that growing supply and solid demand will continue to increase the precious metal’s growing deficit.Wall Street back on the bullish bandwagon, Main Street still doubts gold’s upside potential
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