The traditional cause-effect relationship between inflation and gold prices may not hold true in the current economic climate. Typically, gold has been considered a haven asset and a hedge against inflation, leading to higher prices during periods of inflation. Conversely, gold has historically lost value when reports indicate lower inflation.

This interview was recorded in on Feb 8, 2023

For most people, the concept of making money when the market is going up is easy. However, many are stumped when thinking of ways to make money when the market goes down. The answer lies in understanding the difference between fundamental and technical investing.

What a disparity in the two jobs reports released this week. Yesterday ADP released its private sector payrolls for June which came in more than twice the estimate of economists polled by the Wall Street Journal. Economists had forecast that the report would reveal that 220,000 jobs were added to private sector payrolls last month and the actual numbers showed that 497,000 jobs were added.

Investors are increasingly anticipating a July rate hike by the Federal Reserve, buoyed by the release of a strong ADP private sector jobs report. This report is considered a precursor to the government's nonfarm payroll jobs report by the Bureau of Labor Statistics, which is scheduled for release on Friday.

Gold prices have experienced a downward trend recently as the possibility of a Federal Reserve rate hike looms. With the next Federal Open Market Committee (FOMC) meeting scheduled to conclude on July 26, market participants are eagerly awaiting the central bank's decision.

In both comedy films and real life, we often encounter situations where meticulously crafted plans fall flat on their faces. This article takes a humorous perspective on the notion that sometimes fiction can be more viable than a supposedly well-thought-out plan.

We need to see more softening in the labor market according to Chairman Powell. Central banks worldwide vowed to continue to raise interest rates to combat high and persistent core inflation levels. This as some top economic countries see GDP greatly contracting. GDP levels have fallen to 1.2% in the U.S. and Japan and 0.6% in England and the Eurozone.

The Chairman of the Federal Reserve, Jerome Powell has had multiple occasions to inform lawmakers and the public about upcoming actions by the Federal Reserve to reduce the high level of inflation.

This video is an interview recorded with Ivan Bayoukhi of WallStreet Silver on Thursday June 22, 2023.

Gold prices this week had such a strong decline that they traded to a low not witnessed since the first week of March, declining by approximately $39 per ounce. Gold futures basis most active August contract opened at approximately $1969 on Tuesday and as of 5:25 PM EDT is fixed at $1930.30. This week’s price decline resulted in gold losing 1.96%.