Gold fell below US$3,000 per ounce this week before rocketing to a new all-time high. Gary Wagner, executive producer at TheGoldForecast.com, explains why that happened and how he expects the yellow metal to perform in the long term as market turmoil continues. Securities Disclosure: I, Charlotte McLeod, hold no direct…
Stock market rally, sector rotation, and earnings movers dominate this week’s analysis with Mary Ellen McGonagle. In this video, Mary Ellen reviews where the market stands after last week’s bounce and explains how White House activity drove major price action. Mary Ellen also highlights two top-performing sectors that outpaced the…
Another interesting week in the stock market comes to an end. The past few days were flooded with the twists and turns of President Trump’s reciprocal tariffs, which were later put on a 90-day pause except for China, which got hit with higher tariffs. Then came China’s retaliation, which stirred…
This week, we’re getting back to earnings season during the shortened four-day period. Goldman Sachs Group, Inc. (GS) reports on the heels of JP Morgan’s solid results that saw its shares rally by 12.3% and recapture its 200-day moving average. Watch the trading revenue numbers as added volatility should help…
Global markets took a beating this week as investors and world leaders reacted to sweeping tariffs announced by the Trump administration on April 2, with tensions between the US and China escalating. After last week’s losses, this week started with a brief but sizable 8.5 percent surge on Monday (April…
Here’s a quick recap of the crypto landscape for Friday (April 11) as of 9:00 p.m. UTC. Bitcoin and Ethereum price update At the time of this writing, Bitcoin (BTC) was priced at US$83,823.99 and up 5.2 percent in 24 hours. The day’s range has seen a low of US$81,675.28…
In a rapidly escalating economic conflict that now threatens to fracture global trade, the US and China are locking horns once again in a full-blown, protracted tariff war. On Wednesday (April 9), US President Donald Trump announced sweeping new tariffs targeting Chinese goods, raising levies to a staggering 125 percent.…
Will Rhind, CEO of GraniteShares, discusses gold’s ongoing price momentum and latest all-time high, saying he sees fear as a key driver right now. However, increasing M2 money supply is also an important underlying factor for the yellow metal. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in…
While there was no new market data in Canada, south of the border the US Bureau of Labor Statistics released its March consumer price index (CPI) data on Friday (April 11). The all items CPI figures were down in March, posting a 2.4 percent year-over-year increase compared to the 2.8…
Major miner Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO)reported total spending of AU$10.3 billion with Western Australian suppliers in 2024, marking a new record for the company. The commodities giant boosted its spending with suppliers in the state by AU$1.5 billion for the year in a bid to support local businesses continuously and grow…