I provide weekly economic insights and a buy list to help investors make informed decisions, emphasizing the importance of understanding economic cycles and political impacts. I analyze political proposals like Trump's tariffs and Harris's price controls, highlighting their potential negative economic effects and advocating for unbiased, clear-eyed economic views. Ray Dalio questions the funding for increased government spending, stressing the need for broad-based productivity and prosperity through education and equal opportunities.
Will a weaker NFP report spark a gold rally? Traders await key data that could trigger a breakout above $2,531.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold completes an inside week amid consolidation, facing a potential dip to key support levels before momentum may return for a bullish continuation.
Torr Metals (TSX-V:TMET) CEO Malcolm Dorsey talked with Proactive about the latest developments at its Kolos copper-gold project in British Columbia. Dorsey detailed the progress made, including the discovery of a new zone in unexplored northern areas, dubbed the Sonic Zone, where a significant hydrothermal magmatic alteration and mineralization footprint was found.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Gold traders continue to take profits near historic highs.
The gold market has been somewhat sideways for the last couple of weeks, as the market is still trying to digest the overall gains. This is a situation where the market continues to see volatility, but it is also a market that has been positive for a plethora of reasons.
The gold market continues to see a lot of sideways action, and at this point in time, I think the gold market will be quiet for a day or two, as the Labor Day celebration will take a lot of the volume out of the market.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
The report showed that consumers' short- and long-run economic outlook improved.