Archive

Once gold price hits 2000 expect a ‘sharp pullback’ – Florian Grummes on crack-up boom civil unrest and Bitcoin target

February J, 2022
Market Hive
No Comments

Once gold price hits $2,000, expect a 'sharp pullback' – Florian Grummes on crack-up boom, civil unrest, and Bitcoin target It's only a matter of time before double-digit inflation hits the U.S. said Florian Grummes, managing director of Midas Touch Consulting. "We are on track for that. It's just a question of time. It could happen this year, maybe next year. If the Fed indeed starts to hike and starts to taper…you see the markets already giving a clear signal,…

Read More

60 market crash governments seizing your money shortage of food: Todd Horwitz’s scary view

February J, 2022
Market Hive
No Comments

60% market crash, governments seizing your money, shortage of food: Todd Horwitz's scary view The Federal government of Canada recently invoked the Emergencies Act for the first time in Canadian history in response to the trucker protest in Ottawa. Todd Horwitz, chief market strategist of BubbaTrading.com told David Lin that the stripping away of personal freedoms is not exclusive to Canada, and is only going to get worse around the world. “That’s where governments are going anyways,” Horwitz said. “When…

Read More

Potential de-escalation with Russia Ukraine takes gold to lower pricing

February J, 2022
Market Hive
No Comments

Potential de-escalation with Russia – Ukraine takes gold to lower pricing Precious metals across the board sustained moderate to strong price declines in light of recent news suggesting that the geopolitical tension between Russia and Ukraine has begun to de-escalate. Recent news indicated that some Russian troops that were positioned near the border of Ukraine began to leave and return to their base. As of 5:10 PM EST, the deepest percentage price decline today occurred in the precious metal palladium,…

Read More

Gold is more than just a safe-haven asset and can fit in all portfolios – WGC’s John Reade

February J, 2022
Market Hive
No Comments

Gold is more than just a safe-haven asset and can fit in all portfolios – WGC's John Reade Safe-haven demand is pushing gold prices to a three-month high but will rising geopolitical tensions create a sustainable bid in the precious metal. On Monday editor Neils Christensen recorded a podcast with Phillip Streible, chief market strategist at Blue Line Futures. The guest was John Reade, chief market strategist of the World Gold Council. The three talked about the health of the…

Read More

Is gold price about to sprint?

February J, 2022
Market Hive
No Comments

Is gold price about to sprint? Inflation in the U.S. is now at 7.5% — the highest level in forty years. For the U.S. stocks, this means more losses as markets price in a more aggressive Federal Reserve. But for gold, this means more demand as investors turn to the precious metal for protection. Also, a warning from the U.S. that Russia could launch military action in Ukraine "any day" is pushing gold prices well above the $1,850 an ounce…

Read More

Gold price looks to take 1850 as markets fear emergency Fed move

February J, 2022
Market Hive
No Comments

Gold price looks to take $1,850 as markets fear emergency Fed move Gold is catching a bid as markets worry the Federal Reserve could opt for an emergency rate hike before the March meeting to try and tame inflation. Gold is up nearly 2% on the week as more investors turn to the precious metal amid a widespread risk-off sentiment in the marketplace. At the time of writing, April Comex gold futures were trading at $1,841.30, up 0.21% on the…

Read More

Gold silver sales are still being taxed is that about to change soon? Jp Cortez

February J, 2022
Market Hive
No Comments

Gold, silver sales are still being taxed, is that about to change soon? Jp Cortez Unlike traditional investments like stocks and bonds, retail investors who buy and sell precious metals must pay sales taxes, but that could soon change. So far, 42 states have removed some or all of the taxes from gold and silver transactions. “The last several years have been really promising in eliminating sales taxes in many states,” Jp Cortez, Policy Director, Sound Money Defense League explained.…

Read More

Gold silver bulls gaining a head of steam this week

February J, 2022
Market Hive
No Comments

Gold, silver bulls gaining a head of steam this week Gold and silver futures prices are firmer and hit two-week highs in midday U.S. trading Wednesday, as the technical charts for both metals have seen improvement this week, which is inviting speculators to the long side of the markets. April gold futures were last up $7.90 at $1,835.70 and March Comex silver was last up $0.14 at $23.34 an ounce. Metals traders are awaiting the U.S. data point of the…

Read More

Gold silver rally as traders buy the early dip

February J, 2022
Market Hive
No Comments

Gold, silver rally as traders buy the early dip JGold and silver futures prices are modestly up in midday U.S. trading Tuesday. Overnight losses were deemed by the precious metals bulls to be a bargain buying opportunity. Otherwise, some routine backing and filling on the charts has been featured as fresh fundamental inputs are awaited. April gold futures were last up $6.70 at $1,828.50 and March Comex silver was last up $0.154 at $23.23 an ounce. Global stock markets were…

Read More

Gold price advances as inflation fears grow even with hawkish Fed

February J, 2022
Market Hive
No Comments

Gold price advances as inflation fears grow even with hawkish Fed Gold futures had respectable gains in New York trading today. The most active April 2022 contract gained $14.20 and as of 4:47 PM, EST is currently fixed at $1822. Considering the Federal Reserve’s updated monetary policy, which is more hawkish and the most recent statement from last month’s FOMC meeting and last week’s strong jobs report, gold has been extremely resilient and continuing to gain in value. Gold was…

Read More
© MarktetHive - Top SEO Results Tool 2024. Brilliance theme by CPOThemes.