Precious Metals News
Investing.com- Sell Oil Rallies, Wait to Buy Near-term Dip in Gold: Citi
In contrast, Citi recommends a "buy-the-dip" approach to gold. Although gold has seen near-term weakness due to a rally in U.S. equities and machine-based selling, the bank expects gold prices to rise over the next six months.
Visual Capitalist: Gold Prices by U.S. President (1989-2024)
While gold's prices increased by over 50% under Trump's presidency, and by another 37% during Biden's, the greatest increase of 215% (since 1989) came during George W. Bush's presidency.
Barron's: U.S. Debt Could Drive the Next Financial Crisis
Unfortunately, more recent political leadership has concluded that deficits do not matter. Both Republicans and Democrats have settled on deficits as the easiest way to pay for politically popular initiatives.
CNBC: Ray Dalio is Concerned About America Post-election: 'Both Candidates Worry Me'
When positioning one's portfolio, the famed investor said gold should be part of a diversified and balanced strategy that reduces overall risk.
Market Watch: Global Gold Demand Tops $100 Billion for First Time Ever in Third Quarter
"Regardless of who wins the U.S. presidential election, some of the domestic and external policies proposed by both candidates are likely to benefit gold in the longer term."
CNBC: 'New Bullish Phase'? As Gold Hits Another High, Analysts Say More Records Are in Sight
As debt increases, governments might resort to printing money to address deficits, which can devalue the currency. This erosion of trust in fiat currency enhances gold's appeal as a reliable store of value.
Financial Times: Why the West Should Be Paying More Attention to the Gold Price Rise
Buying of the precious metal reflects rising interest in alternatives to the dollar-based financial system
Fox Business: Gold Prices Rise to All-time Highs with US Debt Mounting, Election Uncertainty
Deficits are projected to continue to rise in the years ahead, with CBO projecting that annual budget deficits will surpass $2 trillion a year starting in FY2030 and will be nearly $2.9 trillion just four years later.
Market Watch: Investing Legend Jim Rogers Expects an 'Extremely Bad' Recession. Why He's Buying Silver Instead of Gold
When there are economic issues, that leads to money-printing and inflation, and people will want to have "somewhere to hide in assets that will hold their value. Gold and silver, in particular, have always been places for people to hide during economic turmoil."
Investment News: Why Silver Might Be the New Gold
"Silver's importance is growing exponentially as the world transitions to more sustainable and technology-driven solutions. Our report underscores how increasing demand from both industrial applications and investors seeking portfolio diversification presents a unique opportunity."
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Market Watch: Silver's Scarcity Factor is Helping it Catch up to Gold's Record Run
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Bloomberg News: Central Bankers Make Rare Comments in Favor of Bigger Gold Stash
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Business Insider: Billionaire Investor David Einhorn Says Warren Buffett's Recent Stock Sales Show Just How Overvalued the Market Is
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Finimize: Gold Glitters as Equities Stumble and Bond Yields Decline
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Kitco News: What to Expect from the BRICS October Summit: New Currency Announcement & Next Phase of Global Monetary Reset?
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The Wall Street Journal: Washington Racks Up Another $1.8 Trillion Budget Deficit
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Finance Magnets: Gold Achieves Strongest Quarter in 8 Years - Geopolitics and China's Stimulus Fuel Surge
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Fox News: Stop the Insanity. Our National Debt Now Tops $35 Trillion...
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Investing.com: Gold's Rally is Not Over Yet Says UBS
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Barron's: Gold Rush to Continue. Thank Washington for More Gains
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Business Insider: Bloomberg's Chief Economist Shares Why There's a 70% Chance the US Economy is Recession-bound
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Fox Business: 5 Reasons Why Gold is a Hot Commodity
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Reuters: Silver Hits 12-year High, Chasing Gold's Record-breaking Rally
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Bloomberg News: Buy Bonds and Gold as Bubble Risk Returns, BofA Strategist Hartnett Says
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CNBC: From Gold and Silver, to Oil and Aluminum: Where Analysts See Prices Now That the Fed Has Cut Rates
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Market Watch: Why a recession still worries this stock-market veteran, despite the Fed's rate cut
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The Jerusalem Post: Fed Rate Cuts Spell INSANITY For Gold & Silver Buyers | Bill Holter
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Barron's: Gold is at 'Escape Velocity.' That Could Be a Warning for Stocks
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Fortune: The Job Market is Flashing a Classic Pattern That Signals a Recession is Coming, Citi Says
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GoBankingRates: How a Harris Win in the Election Could Affect Gold Prices
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Money Week: Why is Gold Looking Attractive on Wall Street?
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The Jerusalem Post: Silver Batteries Outperform Lithium-Ion, Study Finds
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The Wall Street Journal: A U.S. National Debt Crisis Is Coming
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Zero Hedge - Silver: The Unsung Hero of The New Economy
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Markets Insider: 3 Reasons to Pile into Gold With the Metal Poised to Rally in 2025, According to Goldman Sachs
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The Jerusalem Post - UBS, Goldman, BofA: Banks Continue to Push Gold
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Business Insider: A US Recession Could Hit by Election Time Unless There are Aggressive Interest-rate Cuts, Analyst Says
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Investing.com: More Upside Seen for Silver Prices in Coming Months, Says UBS
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MoneyWise: 'America is Long Overdue for a Problem': Jim Rogers Says Next Market Crash Will Be 'the Worst'
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Barron's: Gold Is at a Record High. The Case for Even More Glittering Gains From Here.
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Yahoo!Finance: 2024 looks reminiscent of 1970 and 2001 recession years: Piper Sandler
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CNBC: Consumer Confidence Consumer sentiment tumbles as 'recession-like' symptoms spread among Americans
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Finbold: Fund manager bets $2.7 billion on imminent recession
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FXStreet: Gold rises on worsening geopolitics and Fed rate cut expectations
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CNBC: Jamie Dimon says he still sees a recession on the horizon
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The Daily Wire: Dow Drops More Than 1,000 Points As Global Markets Plunge Amid Recession Fears
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CNBC: Dow closes down 600 points, Nasdaq enters correction after weak jobs report
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Fox Business: The July jobs report just triggered a reliable recession indicator
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Yahoo!Finance: Why the stock market is suddenly freaking out
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Newsmax: US National Debt Surpasses $35 Trillion
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Reuters: Fed likely to hold rates steady one last time as inflation fight finale unfolds