Jun 30, 2023
Precious metals markets continue to probe for support levels as the summer doldrums set in. Gold futures tested the $1,900 level on Thursday before getting a bit of a bounce. As of this Friday recording, the monetary metal checks in at $1,928 per ounce, up slightly for the week. | Do you own precious metals you would...
Jun 23, 2023
Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Hawkish posturing from Jerome Powell is putting downward pressure on precious metals markets. The Federal Reserve chairman testified before Congress this week on the subject of U.S. monetary policy. Powell said persistently high inflation remains a top...
Jun 16, 2023
As the Federal Reserve begins to back off on tightening, the U.S. dollar is becoming increasingly vulnerable to selling. The Fed left its benchmark interest rate unchanged at just above 5% at this week's policy meeting. It was the first time in over a year that central bankers decided not to hike. | Do you...
Jun 2, 2023
Well, after months of political melodrama, Congress finally did what it was always does in the end - and that is to authorize more deficit spending. On Thursday night, the U.S. Senate approved the deal hashed out by Joe Biden and Kevin McCarthy to raise the debt ceiling through 2024. | Do you own precious metals you...