Displaying items by tag: Commodities
Gold is Getting Interesting
(New York)
With the huge CPI number hitting the tape yesterday, gold had a predictable reaction: it rose. Since bottoming out a few months ago in the $1,600 range, it has since risen to over $1,900 as inflation fears have picked up. However, inflation is not the only thing driving the metal, as the Fed is playing a big role too. If the Fed stays dovish, and therefore the path of rates looks to stay low, then gold is in a great position—higher inflation with little rate risk from the Fed.
FINSUM: Gold is in a good spot. The Fed will only start hiking if inflation really jumps, which would push gold higher anyway. If inflation is more mild, then at least their won’t be rate pressure.
Find the Right Gold Stocks for Your Portfolio
(New York)
Many investors want gold exposure without holding any of the precious metals directly. Some have gone the route…see the full story on our partner Magnifi’s site
Gold Edges Higher After Inflation Concerns Simmer Down
(New York)
Gold has been a strong but steady incline for most of 2021, but…see the full story on our partner Magnifi’s site
Oil Prices Pushing Past Any Headwinds
(Houston)
Oil prices pushed up to $65 a barrel early in the week. Most investors…see the full story on our partner Magnifi’s site
Gold Bulls See Second Stimulus Package as Tipping Point for Another Run
(New York)
Gold had one of its biggest runs last August, but gold stocks and ETFs have been the real…see the full story on our partner Magnifi’s site