ECB Raises Rates; The Golden Ruble
The market-moving event this week: the European Central Bank decided to raise rates by 75 bp, so now deposits are yielding (are you ready?): a grand total of 0.75%. Back
Rate Increase, Joe Popping Pills
I’ll lead again with my new focus: rate increases. Where are we? Last week: July 27, 92%: 2.25%-2.50% +0.75% increase Nov 2, 50%: 3.25%-3.50% +1.75% increase This week: July 27:
Credit Contraction; Recession Indicators Grow
First, I have some bad news. My data provider decided to stop shipping futures data to me (it was a free service which I’ve used for over five years) –
Gold and Silver Guide 2022
Buying precious metals is not as easy or intuitive as many people might think. I originally wrote this guide more than 10 years ago certain that before long the media
Weekly Market Update: Russia War Heats Up; America’s Doctor MIA
Well, last week I said to watch prices. This week, we saw prices explode higher, in virtually all of the commodities I track: Gold: +84.30 [+4.27%] Silver: +1.57 [+6.06%] XAU:
