Tag Archives: 6a) Gold & Monetary Metals

Gold price advances to over a two-week high and draws support from a combination of factors.  Geopolitical risks, trade war fears and rate cuts by major central banks underpin the XAU/USD.  Rising US bond yields underpin the USD and cap the yellow metal ahead of the US CPI report. Gold price (XAU/USD) prolongs its weekly uptrend for the third consecutive day on Wednesday and climbs to a two-and-half-week high during the Asian session. The commodity now looks to...

Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows. The US Dollar’s moderate recovery is weighing on Gold. XAU/USD’s technical picture remains positive with price action standing above the last two week’s trading range. Gold (XAU/USD) maintains a mild bullish tone on Tuesday. The tone shift by China’s Politburo, vowing further economic stimulus to support growth, and the resumption of Gold...

By Bryan Cutsinger Why did the United States abandon the gold standard? In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab cites the international gold shortage during the Great Depression. “Countries around the world basically ran out of supply and were forced off the gold standard,” she writes. In passing, the article mentions the American people were not forced off by an international gold shortage,...

(Charlotte, NC – November 20th, 2024) – The newly released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances. Released annually by the Sound Money Defense League and Money Metals Exchange, the Sound Money Index is a comprehensive scorecard evaluating how each U.S. state...

Viele Medienmitteilungen des VBS enden mit dem Versprechen, dass die rapportierte Aktion der “Stärkung der Verteidigungsfähigkeit” dient (Beispiele unten) – als ob man es extra erwähnen müsste. Oder ist dies nicht ein permanenter Auftrag an die Armee? Im VBS wird unterdessen so viel für die Stärkung der Verteidigungsfähigkeit getan, dass einem schwindlig wird. Unterdessen wird fast jede erfolgreich abgeschlossene Tätigkeit, jeder Kontakt mit Externen, jede...

Scottsdale, AZ – September 3, 2024 – Monetary Metals® is proud to announce that it has achieved SOC 2 certification. This significant milestone demonstrates the company’s unwavering commitment to maintaining a secure environment for its innovative Gold Yield Marketplace® platform. SOC 2 (Service Organization Control 2) certification is governed by the American Institute of CPAs (AICPA). Its rigorous framework assesses how well a company manages and protects customer...

Best-selling author and economist Bryan Caplan joins the podcast to discuss why housing prices continue to rise, what we can do about it, and why everyone seems to hate markets. Follow Bryan on Twitter @Bryan_Caplan Connect with Monetary Metals on Twitter: @Monetary_Metals [embedded content] Additional Resources Books by Bryan Caplan Bryan Caplan’s Substack: Bet on It Earn Passive Income in Gold Gold Bonds to Avert Financial Armageddon Arthur Jensen Book Podcast...

Gold rolls over after retesting key resistance as the outlook for US interest rates remains elevated.  This keeps the opportunity cost of holding non-yielding Gold high, making it less attractive to investors.  Gold (XAU/USD) trades a quarter of a percent lower on Tuesday after being rejected by key support-turned-resistance at $2,315 late Monday. Higher interest-rate expectations in the US are weighing on the precious metal. The release of better-than-expected US...

Gold price declines after the release of US Nonfarm Payrolls data for May, shows a higher-than-expected change in employment and wages. Gold was already trending lower after data unveiling PBoC reserves showed no change in May compared to April.  Short-term technical picture remains volatile as Gold whipsaws higher and then lower.  Gold (XAU/USD) falls all the way back to the $2,310s on Friday after the release of US Nonfarm Payrolls (NFP) data...

The Anti-Concepts of Money The cash-value of promoting each of these anti-concepts is that they lead people to think that the central bank should impose a monetary policy. To make our lives better.  Our monetary policy is set by the Federal Reserve, which states that in pursuit of its mandate for price stability, it will engineer chronic 2% annual inflation. If we had nuclear reactor policy like this, power plant engineers would seek a slow, steady increase in core...