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Tag Archives: Gold

$250 Trillion In Global Debt: How Can That Be Paid Back

Global debt just topped $250 trillion. Please ponder paying the interest on that, let alone the principal. Global Debt $250 Trillion and Rising Please note that Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China. What about Global GDP? Global GDP Global GDP Numbers from the World Bank. To get a $1 rise in GDP it takes about a $3 rise in debt. Things keep pointing back to 1971. I have written about the importance of 1971...

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Insight Conversation: Young-Jin Chang, CME Group

China has dominated the physical global gold markets for the last few years, as not only the world’s number one producer but also the top consumer. Physical flows have swapped direction – no longer East to West, but West to East. The traditional hubs of New York, London and Switzerland remain powerhouses – but China tops the charts. China produced 401.12 mt (14.15 million oz) of gold in 2018, down 5.9% from 426.14 mt the previous year. Despite the decrease, China has now held the global...

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Gold Rebounds As Investors’ Trade Hopes Dim, Dollar Weakens

Gold futures are rebounding on Monday after trading in negative territory in the morning session. In recent weeks, the yellow metal has failed to repeat the momentum it enjoyed the last two months, driven by general optimism over US-China trade negotiations. But investors’ positive sentiment is quickly fading as there are concerns between both sides pertaining to phase one and recent remarks by leaders in Washington...

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Gold Forecast for November 18-22, 2019

Gold did not perform particularly well last week. Signs that the Federal Reserve is going to pause monetary easing and optimism for a trade deal between the United States and China hurt the precious metal. Will it be able to recover this week? This depends on several key factors. As gold often trades in an inverse correlation to the US dollar, it will react to the same events as the greenback but...

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Video: Weekly Commodity Forecast – Gold, Platinum, Palladium Silver, Crude Oil for 18–22 November 2019

In the present video, Phil Carr from The Gold and Silver Club talks about gold, platinum, palladium, silver, and crude oil for the week of November 18–22, 2019. He starts the video by the quick reminder of the last week’s price moves and the reasons for them. Phil then explains factors that will be affecting commodity markets this week. He continues the video with charts...

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Gold Falls on China Trade Deal Hopes, Still Poised for Weekly Gain

Gold futures are trading lower at the end of the trading week, buoyed by hopes that the US and China are poised for a trade agreement. As administration officials touted progress, the market was sold on the sentiment, lifting the leading stock indexes to fresh record highs. The yellow metal’s losses were capped by a weaker US dollar. December gold futures tumbled $5.60, or 0.38%, to $1,467.80...

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Video: Gold as of November 12, 2019

In the present video, Phil Carr from The Gold and Silver Club talks about gold as of November 12, 2019. He mentions the recent sharp decline of gold prices and speculates whether it is a good buying opportunity for contrarian traders. Phil also explains major factors that will be driving the precious metal this week. If you found this video useful and want to see more videos like this one or if you want to see...

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Gold Continues Struggles As More Losses Expected

Gold kicked off the trading week higher, only for the yellow metal to pare its gains. After recording its worst weekly performance in more than two years, gold prices remain in the red, and investors are expecting greater losses for the next several sessions. Precious metals may not find much of a direction on US data until the end of the week when several important metrics are released. December gold futures...

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Gold Falls to Three-Month Low on Trade Optimism, Rising Yields

Gold futures are trading at their lowest levels in three months and are poised for one of their worst weeks this year. The yellow metal is falling on growing optimism over a US-China trade deal and rising government yields that threaten bullion’s luster. A rising dollar also hurt gold’s appeal to finish the trading week. December gold futures tumbled $4.30, or 0.29%, to $1,462.10 per ounce at 12:56 GMT on Friday...

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10-Reasons Why Productivity Is Declining

Economists debate whether the decline in productivity is real. It is real. let’s investigate 10 reasons why. Productivity Measurement Brookings questions the Productivity Slump. It cites measurement issues. Much of the recent debate, and related research, on productivity measurement issues has focused on this decline in productivity in the U.S. Predating the financial crisis and the ensuing Great Recession, and now continuing for more than a decade, the productivity slowdown in the...

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