Articles
The REAL Reason the South Lost the Civil War
As the Union and Confederate armies faced off during the Civil War, an equally fierce economic battle waged behind the scenes, ultimately deciding the war's fate.
Has the Housing Market Crash Arrived?
The economy might be booming, but housing is in a recession: Top real estate CEO says he’s never seen anything like it in 20 years...
ECB Poised for June Rate Cut to Stay Ahead of Inflation Curve
According to Bank of France Governor Villeroy, speaking to CNBC, the European Central Bank (ECB) should consider cutting interest rates in June, provided there are no major surprises. This statement aligns with recent signals from the ECB suggesting readiness for a rate cut due to a more confident outlook on the disinflationary trajectory in the euro area. Despite maintaining interest rates at record highs during its last five meetings, the ECB has indicated that diminishing inflation pressures might soon warrant a reduction in rates.
Silver Market Faces Major Deficit as Industrial Demand Hits Record Highs
The Silver Institute's annual World Silver Survey, conducted by UK-based Metals Focus, projects the silver market it to experience its second-largest deficit in two decades in 2024. This forecast is driven by a record 9% increase in industrial demand, expected to reach 710.9 million ounces, with the solar sector playing a crucial role. Demand for silver in photovoltaic (PV) solar panels alone is anticipated to surge by 20% to 232 million ounces. As a result, robust demand continues to surpass supply, supporting high silver prices and leading to a further depletion of above-ground stocks.
Gold Prices Defy Traditional Market Drivers in Recent Rally, Says Expert
Gold prices have surged this year despite a shift in the typical market dynamics, according to investment expert Imaru Casanova. Traditionally, gold rallies have been driven by robust investment demand and rising gold-backed ETF holdings. However, since April 2022, these factors have been in decline, even though the market has seen strong performance since hitting lows in October 2022. This divergence from historical trends suggests that the current rally in gold prices might have different underpinnings than those observed in past trends, challenging the conventional understanding of what drives gold market movements.