October 2022 - Week 4 Edition
Elections Are Six Days Away – and the Betting Line is Expanding for a Republican Sweep
Those who place bets on political outcomes have no bias for either party – they just want to make money. The real-money polls in recent years have been far closer to the actual outcome than the public polls.
October 2022 - Week 4 Edition
London Bullion Market Association (LBMA) Sees 10% Higher Gold & 50% Higher Silver Prices in 2023
The London Bullion Market Association held its annual conference in Lisbon, Portugal this month, and members were polled for their outlook on precious metals. These are the world’s leading gold miners, refiners and bullion traders from the largest bullion firms in the world. Despite gold’s decline in dollar terms this year, members predicted gold rising an average 10% over the next year and silver rising by over 50%.
October 2022 - Week 4 Edition
London Bullion Market Association (LBMA) Sees 10% Higher Gold & 50% Higher Silver Prices in 2023
The London Bullion Market Association held its annual conference in Lisbon, Portugal this month, and members were polled for their outlook on precious metals. These are the world’s leading gold miners, refiners and bullion traders from the largest bullion firms in the world. Despite gold’s decline in dollar terms this year, members predicted gold rising an average 10% over the next year and silver rising by over 50%.
October 2022 - Week 3 Edition
Gold’s Return Just a Matter of Time
Gold rose to $1,674 early Monday on a weaker dollar, then settled back to $1,665. Silver rose more, up 2%, from $18.32 to $18.70. The U.S. Dollar Index fell 1%, from over 113 on Friday to just under 112 on Monday, due to soaring interest rates in Europe, giving the dollar no real competitive advantage on returns.
October 2022 - Week 3 Edition
Gold’s Return Just a Matter of Time
Gold rose to $1,674 early Monday on a weaker dollar, then settled back to $1,665. Silver rose more, up 2%, from $18.32 to $18.70. The U.S. Dollar Index fell 1%, from over 113 on Friday to just under 112 on Monday, due to soaring interest rates in Europe, giving the dollar no real competitive advantage on returns.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
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