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 negatives, price thus having been somewhat conflicted. However, as rightly therein written: “… at the end of the day — regardless what technicals shout — ’tis by fundamentals Gold will out …”

Gold Fights the Negatives; Eyes Higher Determinatives

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

It’s been clear since the fall of 2022 that the housing market needed lower interest rates to fix many of its problems including a lack of affordability for buyers, the mortgage rate lock-in dynamic for homeowners, and reduced activity for companies ranging from Home Depot Inc. and Lowe’s Cos. to suppliers of building materials.

The Housing Market Will Tell The Fed How Much To Cut Rates

The crude oil market experienced a volatile week, influenced by a mix of geopolitical events, economic indicators, and supply-demand factors. Despite some downward pressure, the overall trend remained bullish on the weekly chart. Middle East Developments. The week began with oil prices retreating as potential ceasefire negotiations in Gaza eased...

Short Term Demand Boosts Oil Market

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

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?

Between politics (driven by self rather than public servants), markets (driven by debt rather than profits) and currencies (diluted by over-creation rather than chaperoned by a real asset), it is fair to say we live in not interesting but surreal times. But amidst the surreal, the dollar, as many believe,...

Is the USD Really Too Big to Fail?

Chicago, IL

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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?

The S&P 500 has produced a positive return 100% of the time during the second half of election years involving an incumbent president. The S&P 500 has returned an average 4% during the second half of presidential election years, but it has returned an average of 11% when the election involved an incumbent (like Joe Biden in 2024).

This Stock Market Indicator Has Been 100% Accurate Since 1964. It Signals a Big Move in the 2nd Half of 2024.

Virginia State

Cheryl E Preston

You may have seen tennis shoes across telephone wires in Virginia and wondered about their significance.I was initially told this was done in honor of someone who had died from gun violence in the area.

Tennis shoes on wires across Virginia have different meanings

New York City, NY

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

Investing.com-- Gold prices fell slightly in early Asian trade on Monday, remaining in sight of a record high but seeing few increases in safe haven demand after an alleged assassination attempt on former U.S. President Donald Trump. Safe haven buying, in the face of increased U.S. political uncertainty, favored the...

Gold prices edge lower as dollar firms after Trump attack

Business Insider

These are today's mortgage and refinance rates. Mortgage rates are down as markets see an increased likelihood of three Fed rate cuts this year.

Mortgage Interest Rates Today, July 13, 2024 | Rates Dip as Multiple Fed Cuts Become More Likely

CBS News

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  The price of gold has hit several new milestones in 2024, the most recent of which was a new record high of $2,435 per ounce in late May. Although the price of gold has fallen in recent months — today's price (as of July 12, 2024) is about $2,404 per ounce — it's still up around 15% year-to-date. As a result, this has led to an uptick in interest by investors who want to protect their portfolios and rake...

Investing in gold? Experts say to avoid these 4 options

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

Pennsylvania State

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Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

Margaret Minnicks

WVTF reported that a new Virginia law will become effective on July 1, 2024. The law will prevent utility companies from disconnecting services on various occasions, which could leave someone without power for days.

A new law will keep utilities from being disconnected on weekends and holidays in Virginia

IOMAP data reveals strong support at $3,140; resistance at $3,242 might break, setting a target of $3,347. Ethereum Fear and Greed Index at 39 suggests neutral market sentiment, offering a strategic buying opportunity amidst ETF anticipation. The Ethereum market in the United States is exhibiting signs of increased buying activity,...

U.S. Investors Show Increased Buying Of Ethereum, Boosting The Coinbase Premium Gap, Signaling Potential Price Gains.

Markets Insider

The economy is already in a "selective recession," according to JPMorgan's Matthew Boss. Low-income consumers are pulling back on spending while top-earners are fueling the economy. The top 10% of American earners have gained more than $30 trillion in wealth since 2020, Fed data shows. The US economy is being...

The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says

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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Emily Standley Allard

If you know someone born under the zodiac sign of Cancer, you've probably felt the intensity of their emotions. When a Cancer gets emotional, they can turn a light shower into a monsoon or a friendly hug into a lifetime commitment! Cancer, the fourth sign of the zodiac, spans from June 21 to July 22. Represented by the Crab, Cancer is a Water sign, deeply connected to emotions, intuition, and the subconscious. Governed by the Moon, which represents emotions, Cancer is known for its profound sensitivity, nurturing nature, and emotional depth. Let's delve into the complexities of Cancer and explore why they are considered one of the most emotional and sensitive signs of the zodiac.

The Most Sensitive and Emotional Zodiac Sign

NewsBreak

Gold, Rates, & Oil: Key Wave Counts

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...

Gold, Rates, & Oil: Key Wave Counts

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