Gold Silver Reports — As bets on Brexit abated, Gold retreated on Thursday after touching a high. Brexit” campaign was suspended following an attack that left a British lawmaker dead.
World Market
How to Maximize Profits in the Gold Market
Gold Silver Reports — Investors can take advantage of this irrationality via buying the dip in gold and silver every-time that Yellen yaps about raising interest rates.
How Will a Brexit Vote Impact Gold and Silver Prices?
Gold Silver Reports — The June 23 referendum on whether or not the UK should leave the EU is fast approaching. New polls show that those favoring a leave vote or “Brexit” are leading by 10 to 20 points. This has sent ripples through the markets, as a Brexit is likely to cause economic chaos in the EU, cripple European banks and lead to a Recession.
The Coming British Exit (“Brexit) Vote is Also Lifting Gold
Gold Silver Reports — On June 23, 2016 the voters of Great Britain will decide whether or not to leave the European Union (EU), which Britain joined in the early 1970s. With a week until the decision is due, the forces of “Leave the EU” have increased sharply over the “Remain” vote.
Fed Skips June Increase as Six Officials See One Hike in 2016
Gold Silver Reports — Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers gave a mixed picture of a U.S. economy where growth is picking up and job gains are slowing.
Gold Fix Near 5-Week High as Brexit Concerns
Gold Silver Reports — The yuan extended losses from a 5-year low, dragged down by MSCI Inc.’s decision to leave Chinese stocks out of its benchmark indexes.
Federal Reserve Raising Interest Rates Report
Gold Silver Reports — Gold climbed to the highest in four weeks as uncertainty mounts over the potential risks if Britain decides to leave the European Union, and as traders price in zero chance of the Federal Reserve raising interest rates at a meeting this week.
Are You Prepared For Rising Interest Rates???
Gold Silver Reports — St. Louis Federal Reserve President James Bullard said global markets appear to be “well-prepared” for a Summer interest rate hike from the US Fed, he did not specify a date for the policy move.
Central Banks Buy Everything
Gold Silver Reports — At a time when risky assets including stocks, commodities, junk bonds and emerging-market currencies are rallying to multi-month highs, so are the havens, from gold, government bonds to the Swiss franc and the Japanese yen.
No matter that the U.S. labor market is deteriorating and the World Bank has just cut its estimates for global economic growth. Investors either don’t believe the news is bad enough to kill a global recovery that’s already long in the tooth, or they’re betting that sluggishness in some of the biggest economies means central banks will stay more accommodative for longer.
FOMC Convenes For The Two-Day Meeting on June 14-15
Gold Silver Reports — Gold prices pared losses during later half on Tuesday as investors contemplated the likelihood that the Federal Reserve would raise interest rates in the coming months.