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Fed Keeps Again Federal Funds Rate Unchanged

The FOMC held its first meeting in both the new year and the decade, keeping interest rates unchanged. But why did the yellow metal move up regardless? Let’s examine the implications for the king of metals. Yesterday, the FOMC published the monetary p...

This Is What First Lagarde’s Speech Means for Gold

In November, Lagarde delivered her first speech as the ECB President. Will she follow in Draghi’s footsteps? But what should gold investors expect from her? Key Takeaways from Lagarde’s Speech Recently, we have focused on the U.S. econo...

The Last Hawk Flew to Heaven

Sad moment. Paul Volcker, the former Fed Chairman went to Bank of Heaven. We are not reporting this news due to the implications for gold prices, but as an opportunity to reflect on changes in the central banking since the time of Tall Paul and on their consequences for the go...

Will Job Market from Hell Support Gold?

April job report shows a terrible US labor market. Coronavirus destroyed 20.5 million jobs, pushing the unemployment rate to almost 15 percent. How far does the number reflect reality – and what does it actually mean for the gold market? Apocalypse in the US Labor Market ...

Got Gold Report: COMEX commercials halt silver advance

ATLANTA – We are going to let the charts do most of the “talking” in this offering of the Got Gold Report - in a new, much shorter format. Pressure on the euro eased, the U.S. dollar index corrected lower, both gold and silver saw profit taking (espec...

Financial Antivirus Stimulus Packages and Gold

The new coronavirus is unfortunately deadly not only for humans but also for global economy. The central banks have shot their bazookas, but the monetary policy is helpless during pandemics . So it didn’t take long to persuade governments to intervene and in...

Mallinckrodt Shares Up 60% as It Announces Sale of Unit

Shares of Mallinckrodt Plc are trading more than 60% higher today on news that the company is selling its CDMO subsidiary BioVectra Inc. to H.I.G. Capital for $250 million. Global biopharmaceutical company Mallinckrodt Plc (MNK:NYSE) announced today that it has ent...

Coverage Initiated on Company 'Combining Active 3D Data/Imaging and AI to Avert Security Threats'

The highlights of the U.S. firm and its product are presented in a Laurentian Bank Securities report. In a Sept. 10 research note, analyst Nick Agostino reported that Laurentian Bank Securities initiated coverage on Liberty Defense Holdings Ltd. (SCAN:TSX.V; LDDFF:OT...

Manufacturing Goes Deeper Into Recession, Yet Gold Remains Muted. Why?

The ISM Manufacturing index fell 0.2 point to a reading of 48.1 in November. However, gold struggles to find momentum. What is going on exactly? U.S. Manufacturing Sector Slumps Further The Institute for Supply Management announced that its index of national factory a...

Got Gold Report: Natural gas cheap again

ATLANTA -- The natural gas producers in North America have done such a good job at telling us how plentiful the clean-burning resource is that NatGas has become one of the cheapest of energy sources around – again. We intend to focus on that exclusively in this one-time spec...
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