Gold’s recent performance may simply be a “summer rut” as analysts agree that good things are in store for the metal in the fourth quarter and beyond. See what they’re predicting in this week’s News to Know.
Turkey’s President just unloaded huge tariffs on a number of U.S. imported goods. This, paired with Turkeys’ crumbling currency and unstable relations is only generating higher market uncertainty.
2018 is looking to be a year of U.S. debt records. Things may be “business as usual”, but the record amount of interest being paid by the U.S. to service its debt is creating a “black hole” they may never escape form.
Numerous analysts are suggesting Turkey’s currency crisis could be the source of positive price action in the gold market. Find out how this is plausible in this week’s News to Know.
Wells Fargo’s unethical practices and admitted errors are starting to sound like a rap sheet. And just last week, they added another “glitch” that caused 400 Wells Fargo customers to have a foreclosure.
The Fed may be preparing an “unwind” of quantitative easing soon under the guise of “balance sheet normalization.” If they do, it could become the greatest and worst economic magic trick the Fed has ever performed.
Mad Money host Jim Cramer recently shared his view that a major breakthrough in the gold market could be near. Find out why he’s optimistic about the yellow metal in this week’s News to Know.
The outdated pension system in the U.S. is short by $4 trillion. Cities such as Philadelphia and Central Falls are already scrambling to find a solution, but it’s likely the U.S. “pension pit” is going to get deeper.
Facebook and Twitter are facing a market meltdown with stocks dropping at rapid speed with Netflix following in their footsteps. Despite this, these companies are still surviving, revealing something troubling about the market.
A Metal Bulletin precious metals analyst sees ample benefits in assuming a long gold position. See why he’s optimistic about the yellow metal’s potential in this week’s News to Know.
