Gold News

After the best start to the year since 1980 when gold prices quadrupled, and the best week for the gold price in four years with a decisive breakout from the bear market, this is an exciting point to be reviewing the now transformed outlook for gold in 2016. What wil
Gold has been struggling for quite some time now. However, things are starting to change, and in a big way. The value of the precious metal has been soaring, and is likely to continue doing so. So, what's causing the recent bullish activity in the precious metal? Well,
Janet Yellen, the Chair of the Federal Reserve, testified yesterday to the Senate Committee on Banking, Housing, and Urban Affairs. Did she say something new? What do her remarks mean for the gold market? Yellen on Negative Interest Rates Since Yellen submitted id
Move over, 1849: there just may be a new gold rush in town. Gold is at a one-year high after surging some 4% early Thursday, driving prices over $1,200 per troy ounce and showing that there are some sectors in this current economy that might surge—although that’s
Janet Yellen, the Federal Reserve chair, testified yesterday to the House Financial Services Committee. Is there anything new in her remarks? What do they mean for the gold market? Yellen on Labor Market Yellen reiterated her known views on the economy and the fu
The standard scenario for the next recession assumes that the crisis will hit in China and spill over the whole world. However, there are growing concerns about the stability of Deutsche Bank. Could Germany’s biggest bank become the next Lehman Brothers? What does the b
More and more people are worried about a recession in 2016. Several investment banks have raised the likelihood of a U.S. or global recession in recent weeks. Even George Soros has recently warned of an impending financial markets crisis. Is the next recession coming? W
The U.S. economy added 151,000 jobs in January. What does it imply for the Fed policy and the gold market? The Pace of Hiring Slowing Down Total nonfarm payroll employment rose by only 151,000 in January, according to the U.S. Bureau of Labor Statistics. Therefore
Gold has been having a great time as of late. In fact the value of the precious metal hit a three month high recently. However today, the value of the precious metal is falling off of highs as the result of data released with regard to US jobs. Unfortunately, the jobs r
A global debt time bomb is ticking. What does it mean for the global economy and the gold market? Global Debt Rising Eight years after the burst of a global credit bubble resulted in the worst financial crisis since the Great Depression, debt continues to grow. In

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