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This algorithm says gold is ‘cheap’ as safe-haven plays dominate
Precious Metals News

This algorithm says gold is ‘cheap’ as safe-haven plays dominate

admin May 22, 2022

(Wallace Refiners) From a mathematical perspective, Quant Insight sees gold’s current trading levels as “cheap,” especially with safe-haven plays dominating the market. Gold looks like a bargain after plunging back ...

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Gold prices push higher after U.S. economy created 559K jobs in May, missing expectations
Precious Metals News

Gold prices push higher after U.S. economy created 559K jobs in May, missing expectations

admin Jun 7, 2021

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! ...

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Why did Friday’s jobs report miss expectations? Is the economy in trouble?
Precious Metals News

Why did Friday’s jobs report miss expectations? Is the economy in trouble?

admin Jun 6, 2021

Friday’s nonfarm payroll report showed that the U.S. economy added 559,000 jobs in May, slightly shy of consensus expectations of 675,000. The unemployment rate is now at 5.8%, the lowest ...

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Biden is deliberately creating labor shortages to boost wages and inflation says Mark Skousen
Precious Metals News

Biden is deliberately creating labor shortages to boost wages and inflation says Mark Skousen

admin Jun 5, 2021

The Biden Administration has maintained the stimulus check program of $300 a month to disincentivize people from returning to work, thereby creating a labor shortage and indirectly cause wages to ...

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Canada’s pandemic response is an ‘unmitigated disaster’ – Kevin O’Leary
Precious Metals News

Canada’s pandemic response is an ‘unmitigated disaster’ – Kevin O’Leary

admin May 30, 2021

(Wallace Refiners) The Canadian government’s management of the pandemic has been a “disaster, said Kevin O’Leary, chairman of O’Shares ETFs and star of Shark Tank. “There are countries like Canada, ...

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Silver is ‘the best trade’: It’s sporadic but prices could hit $60 this year, says ex-JP Morgan MD
Precious Metals News

Silver is ‘the best trade’: It’s sporadic but prices could hit $60 this year, says ex-JP Morgan MD

admin Mar 2, 2021

(Wallace Refiners) Signs of inflation are already here, and the best trade in the short-term is silver, said ex-JP Morgan managing director and now CEO of Trovio Jon Deane. After receiving ...

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Precious Metals News

Gold price won’t recover quickly after Friday’s selloff, says Wall Street

admin Jan 16, 2021

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! ...

Read more→
Silver survey 2021: Average silver price by year-end is $38, most popular vote is $50
Precious Metals News

Silver survey 2021: Average silver price by year-end is $38, most popular vote is $50

admin Jan 11, 2021

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! ...

Read more→
U.S. dollar outlook 2021: ‘Significant weakness’ in store for greenback as global economy recovers – analysts
Precious Metals News

U.S. dollar outlook 2021: ‘Significant weakness’ in store for greenback as global economy recovers – analysts

admin Dec 23, 2020

Wallace Refiners has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that ...

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Rapid recovery in 2021: ‘We’ll be shocked at how strong economy comes back’ but risks remain, say analysts
Precious Metals News

Rapid recovery in 2021: ‘We’ll be shocked at how strong economy comes back’ but risks remain, say analysts

admin Dec 21, 2020

Wallace Refiners has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that ...

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