US Debt Interest to Eclipse Defense SpendingThe US is facing a critical financial challenge as its national debt escalates. Capital Group’s analysis reveals that within the next five years, the US government’s interest payments on this debt are poised to outpace defense spending. Economist Darrell Spence notes a concerning trend: if the debt continues to grow as projected by the Congressional […] READ MORE Gold: A Surge Toward $2,400 Looks ImminentMany factors are pushing gold higher. And some charting analysts believe gold will soon reach $2,400. The analysis highlights gold’s consistent performance over the past 50 years, maintaining its value against major government fiat currencies. It’s suggested that the current economic landscape, marked by inflation, recession, geopolitical tensions, and an overvalued stock market, is ripe […] READ MORE Golden Opportunities in a Turbulent World: Precious Metals Thrive Amidst PolycrisisIn a year marked by market volatility and a complex array of crises, precious metals, particularly gold, have emerged as a beacon of stability and growth. Steve Jones from The Royal Mint reflects on the challenging landscape of 2023, characterized by economic uncertainty, geopolitical tensions, and environmental risks – a scenario aptly termed the “polycrisis”. […] READ MORE Which Commodities Are Doing the Best in 2023?As 2023 draws to a close, a review of the commodity markets reveals a mixed performance across six major sectors. While the majority of sectors witnessed a decline, the soft commodities sector notably defied the trend. Highlighted by the significant price surges in frozen concentrated orange juice and cocoa futures, these commodities have emerged as […] READ MORE Gold Prices Stable Amid Rate Cut ExpectationsGold prices maintained stability in Asian trade, following a surge in December driven by expectations of early Federal Reserve rate cuts. Spot gold was steady at $2,064.84 an ounce, while February futures rose slightly. The optimism was fueled by the Fed’s signals of pausing rate hikes and potential cuts in 2024, with markets anticipating a […] READ MORE Oil Prices Waver Amid Red Sea Shipping Risks and Geopolitical TensionsOil prices have retreated from a one-month high, largely influenced by recent attacks on shipping routes in the Red Sea and the potential for wider geopolitical conflicts. Brent crude is trading near $80 a barrel after a significant rise, but faces volatility due to thin holiday trading volumes. The attack on the vessel MSC United […] READ MORE Misery Index vs. Consumer Sentiment: A Paradox in American Economic PerceptionThe Misery Index, a measure combining unemployment and inflation rates, suggests Americans should be feeling less miserable than they report. Created by economist Arthur Okun, this index gained prominence during the 1976 and 1980 presidential elections. In April 2020, the Covid crisis drove the Misery Index to its highest level in nearly four decades, but […] READ MORE Inflation Eases, But Its Impact Lingers in American LivesIn Eagan, Minnesota, The Open Door Pantry is experiencing unprecedented demand, indicative of the lasting effects of inflation on American lives. Despite 2023 marking significant progress in curbing high inflation, the cumulative impact of 33 months of rapidly rising prices has heavily burdened many, particularly those with lower incomes. This year has seen a record […] READ MORE Gold's Bullish Momentum: Setting the Stage for 2024 Amid Economic UncertaintiesGold prices in 2023 have witnessed a significant 12% gain, a notable shift from the stagnant performance in 2022. This rise mirrors broader risk themes in the market, paralleling trends in stocks with a rally that persisted through the year, despite some pullbacks. As 2024 approaches, the focus shifts to the Federal Reserve’s potential policy […] READ MORE « Previous 1 … 194 195 196 197 198 … 201 Next »