Category: Economic News
FX – Friday Global Currency Review & For Forecast For 4-8-16
A Week Of Uncertain Direction This week brought a raft of mostly poor economic data that impacted the dollar negatively. On Tuesday, we learned that U.S. factory orders fell 1.7% […]
A Turbulent Start to 2016 -The First Quarter In Review
The Dollar Index Fell, Gold Shone, Stocks and Oil Prices Crashed And Regained Their Footing, While Democrats and Republicans Battled It Out For Their Parties’ Presidential Nominations Currencies Down Goes […]
FX Friday – Global Currency Review & Forecast for 4-1-16
Fed Chair Janet Yellen Speaks, Currency and Equity Markets React The week opened with mixed economic data releases on Monday. The Dallas Fed February reading was a negative -13.6, which […]
Fed Statements Focus on the Trees To Prevent Observers From Seeing the Forest
Kicking the Can Down the Road For Nearly a Decade The Federal Reserve has been very clever in focusing market participants on potential month to month Fed policy changes by […]
Global Currency Review & Forecast for 3-28-16
Dollar on the Ascent Again The dollar is back on the rise. The Dollar Index* has been climbing steadily for over a week after declining for most of 2016. The […]
Russia Boosts Gold, U.S Treasury and Overall Reserves
As Economy Falters, Russia Strengthens Its Balance Sheet Despite the plunge in the price of oil, and a worsening economic outlook, the Central Bank of Russia has increased its overall […]
2016 Presidential Candidates on the Federal Reserve and Gold
Gold, The Federal Reserve and the Candidates Ever since Richard Nixon unilaterally took the United States off the gold standard in 1971, re-backing the U.S. dollar with gold and Federal […]
FX Friday – Global Currency Review & Forecast for 3-18-16
Today’s Gold Prices Today’s Silver Prices Today’s Platinum Prices Today’s Palladium Prices Big Week For Oil, Precious Metals; Bad Week For the Dollar The week’s economic news was dominated by […]
Federal Reserve Keeps Rates Unchanged, Gold & Silver Surge
Today’s Gold Prices Today’s Silver Prices Today’s Platinum Prices Today’s Palladium Prices Fed Decides Not to Normalize So Fast During the winding down of quantitative easing (QE) in 2014, the […]
Overall Foreign Holdings of U.S. Treasuries Increase In January
Foreign Holdings of U.S. Treasuries Increase In January, But Net Sales by Foreign Official Institutions Fall Gold and silver investors are wise to keep an eye on foreign treasury holdings. […]
What Causes Price Inflation?
The Causes of Price Inflation In this BGASC.com inflation series we will review examples of the various types of inflation in different countries and the impact they may have on […]
FX Friday – Global Currency Review & Forecast for 3-11-16
Today’s Gold Prices Today’s Silver Prices Today’s Platinum Prices Today’s Palladium Prices Markets React to European Central Bank Mega Stimulus The week was relatively uneventful and directionless until Thursday when […]
Are Banks Safe Places To Keep Money?
Money in the Bank – Is it Safe? The phrase “money in the bank” conjures a sense of safety. Federal Deposit Insurance Corporation The availability of “deposit insurance” from the […]
FX Friday – Global Currency Review & Forecast for 3-4-16
Today’s Gold Prices Today’s Silver Prices Today’s Platinum Prices Today’s Palladium Prices Strong February Non Farm Payroll Numbers Fail to Lift the Dollar; Gold and Silver Rise The big story […]
FX Friday – Global Currency Review & Forecast – 2-26-16
Markets Trading on News and Chatter The markets traded on news and chatter this week. The price of oil was influenced by talk of a potential oil production freeze agreement […]
America The Beautiful Shawnee National Forest Coin Sales Surge
The first coin in the 2016 U.S. Mint’s America The Beautiful Series, the Shawnee National Forest went on sale earlier this month. The Shawnee National Forest five ounce silver coin […]
China and Japan Lead Foreign Sales of U.S. Treasuries in December 2015
Foreign Selling of U.S. Treasuries Accelerated in December According to the Treasury International Capital (TIC) Data released earlier this week by the U.S. Treasury Department, China’s U.S. Treasury Reserves fell […]
China Slashes Foreign Reserves by $99.5 Billion in January But Adds 16 tonnes of Gold To Its Reserves
Chinese Foreign Reserves Fall to Four Year Low After growing its foreign reserves for nearly a decade, China has been slashing them recently. In January, the People’s Bank of China […]