Economic

Gold Is Beating Everything Since the Fed Raised Rates

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Fed Raised Rates

Gold Silver Reports – Gold Is Beating Everything Since the Fed Raised Rates – Gold’s outperformed most major assets since the U.S Federal Reserve last month raised interest rates — even bitcoin.

Moon Vows to Never Accept North Korea’s Nuclear Program

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North Korea Nuclear Program
Nuclear Program

Gold Silver Reports – ✅ Moon Vows to Never Accept North Korea Nuclear Program — South Korean President Moon Jae-in vowed to never accept North Korea’s nuclear program, a day after a rift emerged over discussing Kim Jong Un’s weapons in talks between the nations.

Brexit Bulletin: Weak and Stable?

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Brexit Bulletin
Brexit

Gold Silver Reports – ✅ Brexit Bulletin: Weak and Stable? ❓❓ — Theresa May reshuffled her pack, keeping the delicate Brexit balance of her Cabinet broadly unchanged even as she appointed a new deputy who is an ardent pro-European. But her failure to make ministers follow orders during the revamp heralds trouble ahead for a divided government going into the most difficult part of the Brexit process.

India Gold Imports Said to Rebound Amid Signs India’s Tax Woes Fading

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India Gold Imports
Gold Imports

Gold Silver Reports – ✅ India Gold imports by India, the world’s second-biggest market after China, surged 37 percent in December after falling for three straight months, according to a person familiar with the data.

Global Economy to Push The Gold to Its Best Year Since 2010

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Global Economy
Gold to Its Best Year Since 2010

Gold Silver Reports – Global Economy to Push The Gold to Its Best Year Since 2010 – Bullion futures on the Comex in New York jumped 13 percent in 2017 for a second straight annual gain. Other measures of the metal also defied the interest-rate odds: Holdings in exchange-traded funds backed by bullion advanced for a second year, as did the net-long position in the metal held by hedge funds and other large speculators.

Japan Inflation Picks Up in November But Still Well Below Target

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Japan Inflation
Japan

Gold Silver Reports – Japan Inflation Picks Up in November But Still Well Below Target — Japanese inflation unexpectedly sped up in November but prices are still rising at less than half the rate targeted by central bank.

U.S. Jobless Claims Rise by Most Since Storms to Five-Week High

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Jobless Claims
U.S. Jobless Claims

Gold Silver Reports – U.S. Jobless Claims Rise by Most Since Storms to Five-Week High – U.S. filings for unemployment benefits jumped to the highest in five weeks, though the level remained low by historical standards, Labor Department figures showed Thursday. 

Key Takeaways 

The latest period encompasses the reporting week that the Labor Department surveys for its monthly employment figures, which includes the 12th of the month. The four-week average is still below its 240,000 level for the previous survey week in November.  

Cornyn Says Tax Bill Mandate Repeal Makes Obamacare ‘Unworkable’

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Gold Silver Reports – Cornyn Says Tax Bill Mandate Repeal Makes Obamacare ‘Unworkable’ – The No. 2 Senate Republican said Tuesday that the GOP’s tax bill will make Obamacare “unworkable,” which he hopes will force Democrats into negotiations to replace the law.

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