In the latest episode of Trader Talk, host Kenny Polcari and former Moody’s chief economist John Lonski examine why Federal Reserve interest rate cuts may not occur in 2025. Their discussion focuses on a set of economic indicators and policy considerations that, taken together, could keep the Fed’s policy rate higher for longer than many … Read more

After a rally sparked by stronger-than-expected U.S. employment figures, the dollar eased on Monday as market attention shifted to high-stakes trade negotiations between the United States and China taking place in London. The talks aim to resolve outstanding issues from last month’s Geneva agreement. Both economies face mounting pressures: China is coping with intensifying deflation, … Read more

U.S. Treasury yields rose on Friday after former President Donald Trump announced a 35% tariff on Canadian imports, heightening trade tensions between the two countries. Investors pushed up yields on 2‑, 10‑ and 30‑year Treasury notes as they reassessed risk, growth and inflation expectations in response to the tariff news. Trump cited Canada’s purported failure … Read more

Silver has enjoyed a remarkable run this year, climbing roughly 33% and drawing the attention of investors worldwide. Beyond its role as a precious metal, silver is essential to many modern technologies, fueling rising industrial demand while also serving as a time-tested hedge against currency devaluation. Recently, analyst Alan Hibbard appeared on Schwab TV to … Read more

Toronto-based Greenland Resources Inc. has been granted a 30-year mining permit for the Malmbjerg project in eastern Greenland to extract molybdenum and magnesium. Molybdenum is a critical industrial metal, widely used to strengthen steel and in various defense and high-temperature applications. Today, global production is heavily concentrated: China supplies the vast majority while the United … Read more

From 1973 to 1980, one hedge fund achieved an extraordinary return of roughly 4,200% — an average of more than 71% per year for seven consecutive years. Now, the investor who helped produce that performance — one of the most successful and wealthy billionaires in the investing world — is turning his attention to a … Read more

In April we pointed out a rare development: the gold to silver ratio climbed above 100:1, meaning more than 100 ounces of silver were required to buy one ounce of gold — a level seen only a few times in modern markets. Three months later, the gold to silver ratio today has moved back toward … Read more

Despite pulling back from its recent record high of $2,947, gold looks poised for further gains. State Street’s chief gold strategist George Milling-Stanley projects prices could reach $2,900–$3,100 later this year. Three core factors underpin this bullish outlook: First, central bank buying has been a steady force in the gold market for the past 15 … Read more

When gold doubles in a year, the same question resurfaces: is this a bubble? That is a fair question, but many people focus on the wrong thing. The important issue is not simply whether gold’s price has risen a lot; it’s whether the forces behind that rise are rooted in fundamentals or driven by speculation … Read more

A survey of 75 central banks reveals a pronounced move away from the US dollar. After the tariffs announced by President Trump on April 2, reserve managers have accelerated efforts to diversify roughly $5 trillion in global foreign-exchange reserves. Gold emerges as the primary beneficiary of this shift: 40% of the surveyed central banks say … Read more