Metals Market Report
Metals Market Report
The Future of Gold Is Still Shining
OCTOBER 2024 - WEEK 3 EDITION
October 2024 - Week 3 Edition Inflation Isn’t Dead Yet – Gold Rallies On Hot Wars and Hotter Inflation The Labor Department reported, this past Thursday, that the Consumer Price Index (CPI) rose 0.2% in September and 2.4% in the past 12 months, above economists’ expectations. The core CPI, which excludes food and energy, rose even more, by 0.3% in September and 3.3%...
The Future of Gold Is Still Shining
OCTOBER 2024 - WEEK 2 EDITION
October 2024 - Week 2 Edition FY2024 Federal Budget Deficit Hit $2.3 Trillion – Worst Since 2021 The 2024 federal fiscal year ended last week, on Monday, September 30. By Thursday, October 3rd, we learned the sad fact that our federal deficit grew by $2.3 trillion in 2024, the most since the COVID-bloated budget deficits of 2020 and 2021. It wasn’t because of...
Goldman Sachs Predicts $2,973 Gold in 2025
OCTOBER 2024 - WEEK 1 EDITION
October 2024 - Week 1 Edition A Review of Precious Metals and the Markets In 2024 September was another exceptional month for silver and gold, which were up 9.33% and 6.49%, respectively, vs. just 2% for most stock market indexes. For the full quarter – from July 1 to September 30 – gold reigned supreme, up 14% vs. 7.4% for silver and an...
Federal FY 2024 Ends Monday – With $2 Trillion in Red Ink! Does Congress Care? Does Either Candidate Care? Do the Voters Care?
September 2024 - Week 4 Edition
September 2024 - Week 4 Edition Federal FY 2024 Ends Monday – With $2 Trillion in Red Ink! Does Congress Care? Does Either Candidate Care? Do the Voters Care? The federal government’s fiscal year (FY) starts on October 1st and ends September 30th, next Monday. Through August 31st of this year, after a horrendous $383 billion deficit in August, the FY 2024 federal deficit...