Warning: Is the Housing Market Heading for a 50% Correction?In this eye-opening video, Mike Maloney dives into the precarious state of the housing market, shedding light on why affordability has hit an all-time low. Backed by compelling charts, Maloney predicts a necessary correction, potentially resulting in a staggering 50% drop in home prices across the United States. READ MORE U.S. Job Openings Decline in November, Indicating Labor Market ShiftIn November, the U.S. saw a slight decrease in job openings, with the figure dropping to 8.79 million, the lowest level since March 2021. According to the Labor Department’s Job Openings and Labor Turnover Survey, this represents a small decline of 62,000 openings, with the vacancy rate remaining steady at 5.3%. Additionally, hiring decreased by […] READ MORE Copper: The New Gold for Miners Amidst Global Energy TransitionAs the world shifts towards electrification and away from fossil fuels, gold miners are increasingly turning their focus to copper, recognizing its critical role in building electric vehicles, wind turbines, and solar-power systems. Celebrating high gold prices, companies like Newmont and Barrick Gold are investing heavily in copper, with Barrick aiming to become a significant […] READ MORE HSBC Predicts High Commodity Prices in 2024, Decline Expected in 2025HSBC forecasts that commodity prices will remain high in 2024, driven by limited supply, increased demand from China, and the global energy transition. They expect an average price rise of 2% in 2024, followed by a 4% decline in 2025. Factors contributing to the high prices include China’s growth recovery and ongoing supply challenges. Geopolitical […] READ MORE Royal Mint Reports 7% Growth in Investor Numbers, Driven by Gold DemandThe Royal Mint experienced a 7% increase in investors in 2023, with gold prices hitting record highs in sterling terms. A majority of investors, 77%, engaged in the market through digital platforms like DigiGold or by buying fractional coins and bars. The Mint’s buyback scheme also saw a 46% increase in payouts compared to 2022, […] READ MORE US National Debt Hits Record $34 TrillionThe U.S. gross national debt has hit a record $34 trillion, signaling upcoming political and economic hurdles in managing the country’s finances. The Treasury Department’s recent report highlights the growing tension in Washington, with the possibility of a government shutdown if an annual budget is not established. A temporary agreement, reached last June between Republican […] READ MORE Federal Reserve's Critical Year: Balancing Inflation Fight and Interest Rate CutsThe Federal Reserve faces a pivotal year, aiming to achieve a “soft landing” by curbing inflation without significantly increasing unemployment. In a notable development, inflation slowed to its lowest annual rate in two years, while unemployment stayed low, and consumer spending remained robust, despite the highest interest rates in over two decades. This progress has […] READ MORE Record High Industrial Demand for Silver Anticipated in 2023Industrial demand for silver is projected to increase by 8% to a new high of 632 million ounces in 2023. This surge is primarily fueled by investments in photovoltaics, power grids, and 5G networks, alongside growth in consumer electronics and vehicle production. This forecast was presented at the Silver Institute’s Annual Silver Industry Dinner in […] READ MORE Declining Confidence in Credit Card Repayment Among AmericansOnly half of American credit card users believe they can fully pay off their December balances, as per the LendingTree Credit Card Confidence Index. This index hit an all-time low of 51% in December, down from 58% in November. Meanwhile, national credit card balances have soared to a record $1.08 trillion, with average interest rates […] READ MORE « Previous 1 … 190 191 192 193 194 … 201 Next »