Our guest today is Mark Yaxley, the managing director at Strategic Wealth Preservation, and we discuss what is happening in the gold and silver markets.

EXPOSED: Silver & Gold Prices Skyrocketing Amid Economic Meltdown! Are Banks in Trouble?

LONDON (July 15) Gold prices are inching upward on Monday after reversing earlier gains, with the precious metal testing resistance near recent highs. Traders are closely monitoring U.S. Treasury yields and dollar movements while awaiting comments from Federal Reserve officials and crucial economic data. At 11:21 GMT, XAU/USD is trading...

Gold Prices: 93% Chance of September Fed Rate Cut Boosts XAU/USD

Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold prices hit record highs earlier this year before pulling back as the prospect of higher-for-longer interest rates dampened investor enthusiasm for the precious metal. But interest in the asset has grown after June's softer inflation data and some recently dovish comments from Federal Reserve Chair Jerome Powell combined to raise the odds of rate cuts coming this year. Markets are pricing in 100% odds of a rate cut in September now, according to futures trading tracked by the CME FedWatch tool.

Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates

Wave i ended at the 103.65 high and we are now falling in a lengthy and complex wave ii correction. We are now going to adopt our alternate count for wave ii, which is suggesting that wave a ended at 63.57. Since that low was made, we have been working on a wave b bearish triangle formation which is very nearly complete, perhaps at the 84.56 high.

Gold, Rates, & Oil: Key Wave Counts

Gold futures closed the week at $2,416.30, up $18.60 per ounce, or 0.78%. Gold stocks, as measured by the NYSE Arca Gold Miners Index, ended the week higher by 5.73%. The S&P/TSX Venture Index came in up 1.36%. The U.S. Trade-Weighted Dollar fell 0.75%. Strengths. The best performing precious metal...

Gold SWOT: Uganda Plans To Start Domestic Gold Purchases To Build Forex Reserves

Investing.com-- Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September. But gains in gold were limited by some resilience in the dollar, as increased speculation that Donald Trump will win a second...

Gold prices rise, close to record highs as rate cut bets mount

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

North Carolina State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Town Talks

Can You Park in Front of Someone’s Property in North Carolina?. Parking on crowded city streets and neighborhoods can be challenging, and many wonder if it's permissible to park in front of someone’s property. Here's a breakdown of North Carolina's parking rules:

Can I legally park in front of someone’s home? What North Carolina law says

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

This week, the Dow Jones closed short from making a new all-time high by only $3.60, or only 0.01% from a new BEV Zero in its Bear’s Eye View chart below. Don’t worry, I expect we’ll see the Dow Jones making more than just one new all-time high in the weeks to come.

Since November, the XAU and Silver Lead the Pack

Gold prices gained on Monday, hovering near a more than one-month high hit last week, aided by hopes for interest rate cuts from the Federal Reserve as traders await for more comments from Fed officials to gauge the timing of those cuts. Spot gold rose nearly 0.5% at $2,422.79 per...

Gold hovers near one-month peak as Fed cut rate hopes lend support

The devaluation of Hertz Gold Plus Rewards in 2024 continues, as now points expire five years after you earned them — no matter what — and any activity in the membership account no longer extends them effective as of Tuesday, December 31, 2024. Devaluation of Hertz Gold Plus...

Devaluation of Hertz Gold Plus Rewards Continues 2024

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

Money

The Federal Reserve is now widely forecasted to cut interest rates by September after new inflation numbers came in lower than expected. The latest consumer price index (CPI) report showed that inflation has cooled to a 3% annual rate, tying the lowest level since March 2021. Overall, prices declined 0.1% for the month.

Get Ready for Interest Rate Cuts in September, Analysts Say

Markets Insider

Residential and commercial property prices could fall as much as 30% over the next few years, one strategist said.

The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Missouri State

Fulton, MO

CJ Coombs

Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children. Since July 1, 2024, according to the NCMEC, 15 children have been reported missing in the U.S. Not included in that number are those who have been missing in Missouri since June 2024.

Seven teenagers have been missing in Missouri since June 2024

Business Insider

These are today's mortgage and refinance rates. Mortgage rates decreased last week thanks to slowing inflation, and they should trend down further soon.

Mortgage Interest Rates Today, July 14, 2024 | Rates Low After Dropping Last Week

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

NewsBreak

Gold Fights the Negatives; Eyes Higher Determinatives

Recall a week ago (per “Gold Gives Thanks as the Economy Tanks”) our having itemized an array of fundamental Gold positives, albeit there still continue technical...

Gold Fights the Negatives; Eyes Higher Determinatives

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