first majestic silver

Mike Gleason

Mike Gleason Articles

Investors got some superficially good news on the economy this week. But it turned out to be bad news for markets. Equities and precious metals markets sold off on Thursday following government data showing that the economy grew faster...
As investors hope for a Santa Claus rally in the days ahead, the Grinch is looking to steal their holiday cheer. Federal Reserve chairman Jerome Powell announced another interest rate hike on Wednesday – this time by half a percentage...
Well, it was a week of generally positive action in precious metals prices, as gold and silver continue to consolidate their impressive late November gains. As of this Friday recording, the whole precious metals complex is up.
Precious metals markets are rallying strongly this week on dovish signals from central bankers. Federal Reserve Chairman Jay Powell said in a statement that the Fed would "moderate" the pace of rate hikes. Investors interpreted that term...
As warning signs for the economy mount, investors are cheering for more bad news. That's because they expect economic weakness will force the Federal Reserve to stop raising interest rates and eventually re-embrace loose monetary policy.
Investors finally got some good news this week on the inflation front. Thursday's Consumer Price Index report showing price level increases moderating somewhat sent stocks, bonds, and precious metals all soaring.
Precious metals investors remain cautious following the Federal Reserve’s latest jumbo rate hike. On Wednesday, the Fed announced another three-quarter point bump up on interest rates. It’s the sixth straight hike by central bankers and...
As investors weigh conflicting economic data and the prospects for a Fed pivot, precious metals markets are quietly basing out. This week gold made a small move to the upside before pulling back here today. As of this Friday recording the...
As new inflation data pushes the Fed toward continuing with rate hikes, precious metals markets are struggling to make headway.
Gold and silver markets are kicking off trading for the fourth quarter with a long-awaited rebound, although they are giving back a good chunk of those gains here today on a better-than-expected jobs report and fears of more rate hikes.

The Federal Reserve Bank of New York holds the world's largest accumulation of monetary gold.

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