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  • Idea of minting $1 trillion platinum coin to avoid U.S. default is back and Yellen weighs in

    From kitco.com

    As the debt ceiling debate takes over the headlines in the U.S., so is the idea of minting a $1 trillion platinum coin, which is a surprising option available to the Treasury Department to raise the debt ceiling without bipartisan support. The #MintTheCoin plan is gaining traction in some circles again as a deeply divided Congress makes the debt ceiling debate extra difficult, with fierce arguments on both sides of the aisle around debt, inflation, and the path forward. According to the Treasury Department, the U.S. is bumping up against the current borrowing limit of $31.4 trillion. And if the debt ceiling is not ... (full story)

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    Consumers price index: December 2022 quarter

    From stats.govt.nz|Jan 24, 2023

    Key facts Inflation rate for the December 2022 quarter: • quarterly inflation rate was 1.4 percent • annual inflation rate was 7.2 percent. Quarterly change In the December 2022 ...

    Federal Reserve and the markets in standoff on rate hikes

    From apnews.com|Jan 24, 2023

    Sooner or later, either Wall Street or the Federal Reserve has to blink. Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at a blistering pace, ...

    World War II-era map sparks treasure hunt in Dutch village

    From apnews.com|Jan 24, 2023

    A hand-drawn map with a red letter X purportedly showing the location of a buried stash of precious jewelry looted by Nazis from a blown-up bank vault has sparked a modern-day ...

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    Silver Price Analysis: XAG/USD Erases some of Monday’s losses and hovers around $23.60

    From fxstreet.com|Jan 24, 2023

    Silver price recovers some ground and is back above Monday’s daily close, still struggling to break the 20-day Exponential Moving Average (EMA) at $23.67 a troy ounce. However, it ...

    Metals Market Commentary: Bob Iaccino, 1/24/23

    From youtube.com/cmegroup|Jan 24, 2023

    S&P PMI data beats expectations but manufacturing PMIs remain in contraction. Bob Iaccino discusses what this means for copper futures.

    How to position for USD weakness?

    From andreassteno.substack.com|Jan 24, 2023

    In this article we will let the data do most of the talking - exactly like we prefer - and briefly boil down the most striking conclusions, which we can extrapolate. We find that ...

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  • Posted: Jan 24, 2023 4:52pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 65
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