Editor’s Note: Let yourself be caught in minutes with our quick roundup of today’s must-read news and expert insights that moved precious metals and financial markets. Sign up here! (Kitco News) – The gold market continues to stay close to all-time highs and with some buying momentum lagging, the Federal …
Read More »The Fed’s balloon balance sheet raises Republican concerns
A group of Senate Republicans are raising red flags over the rapid expansion of the Federal Reserve balance sheet, which they are concerned about could affect interest rates, the strength of the US dollar and the general economy of the United States before their colleagues leave. Realize that it is …
Read More »Dow drops nearly 200 points after China retaliates by ordering Chengdu consulate closed
TOPLINE The market ended lower on Friday as high-tech stocks lagged, and stocks were hit as well after China retaliated for the closure of its consulate in Houston earlier this week by ordering States United that you close your consulate in Chengdu. Relations between the United States and China hit …
Read More »Senate panel previews Trump Fed candidate who recently endorsed the gold standard
President TrumpDonald John TrumpDHS expands staff authority to collect information on people who threaten monuments: Republican report points to Trump’s payroll tax cut on Republican coronavirus bill, for now Trump threatens to duplicate Portland in other major cities PLUSJudy Shelton’s controversial nomination for the Federal Reserve won the support of …
Read More »Wells Fargo changes to $ 2.4 billion in losses and divides dividends
Wells Fargo (WFC) – Get report on Tuesday it posted a deeper-than-expected second-quarter loss and cut its dividend by a broader-than-expected margin as the coronavirus pandemic continued to hit earnings and the bank’s earnings outlook. The San Francisco-based bank reported a net loss of $ 2.4 billion, or 66 cents …
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