Metals Stocks: Gold prices climb as markets reverse prior day’s move

Jul 20, 2022

Gold futures finished modestly lower on Wednesday, down a third session in a row, as Federal Reserve Chairman Jerome Powell said in testimony before the Senate Banking Committee, that ongoing interest-rate increases will be “appropriate.” Worries about an economic slowdown, meanwhile, helped prices for copper — a metal that’s often seen as an indicator of economic health — drop below $3 a pound for the first time in over a year. Price action August gold GC00, -0.39% GCQ22, -0.39 ...read more

Go-slow Turkey unlikely to reach Nordics deal at NATO meet -sources - Reuters.com

Jun 27, 2022

NATO, Turkish, Swedish and Finnish flags are seen in this illustration taken May 18, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com NATO leaders meet in Madrid June 29-30 Ankara opposed Stockholm and Helsinki's memberships Turkey ready for months of talks if needed -sources Stance helped Erdogan's sagging polls ahead of vote ANKARA, June 27 (Reuters) - A NATO summit this week is unlikely to see a breakthrough to overcome Turkey's op ...read more

Existing Home Sales Skid Another 3.4 Percent in May, Down Fourth Month

Jul 20, 2022

Existing home sales declined for the fourth month. Sales are down 16.8 percent since January. Comment Existing home sales courtesy of Trading Economics annotations by Mish The National Association of Realtors reports Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First Time. Report Highlights Existing-home sales fell for the fourth straight month to a seasonally adjusted annual rate ...read more

As yen tumbles, Japan's automakers take cost burden off their suppliers - Reuters.com

Jun 27, 2022

Carmakers aim to help suppliers as materials prices surge Automakers absorb costs in departure from deflation playbook 'Supplier sustainability is our sustainability' -Nissan COO Inflation disruption comes in wake of COVID supply chain woes TOKYO, June 15 (Reuters) - For decades, Japan's powerful automakers had a playbook to deal with deflation: press suppliers for lower prices on everything from seat belts to wire harnesses and promise volume. Now, with inflation biting around the world, ...read more

(VIDEO) Federal Reserve Raises Rates to Fight Inflation [Will the Fed Break the Economy?]

Jul 20, 2022

Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Pr ...read more

(VIDEO) The Official Unemployment Numbers May Be Misleading

Jun 26, 2022

Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Pr ...read more

Average Transaction Price for New Vehicles Hits Record $45,844 in June, as Consumer Still Pay No-Matter-What, amid Inventory Shortages, Record Per-Unit Gross Profits at Dealers

Jun 26, 2022

And despite the surge in interest rates for auto loans. By Wolf Richter for WOLF STREET. The average transaction price (ATP) of new vehicles sold by dealers to retail customers in June hit a new breath-taking record high of $45,844, up by 14.5% from a year ago, and beating the prior record set in May, according to estimates by J.D. Power, even as the pace of new vehicle deliveries to retail customers in June is expected to have plunged by 18% from a year ago, while many dealers were short ...read more

Metals Stocks: Gold prices slip, copper tumbles to 16-month lows on recession fears

Jul 20, 2022

Gold prices ended lower on Thursday, stretching losses into a fourth straight session, while recession fears contributed to copper’s fall to its lowest prices since early February 2021. What are prices doing ? August gold GCQ22, -0.12% GC00, -0.12% fell $8.60, or 0.5%, to settle at $1,829.80 per ounce. The decline followed three session losses and prices for the most-active contract settled at the lowest in just over a week, FactSet data show. July silver SIN22, +0.02% SI00, +0.02% lo ...read more

Jerusalem Post Article Names Augusta as “Best Gold IRA Company for 2022”

Jul 20, 2022

Isaac Nuriani    | Jun 23, 2022 The Jerusalem Post – Israel’s most-read English news website and best-selling English newspaper – has published an article designed to assist retirement savers looking for more information right now on gold IRAs. The piece, titled “All About Gold IRA America’s Top 3 Gold IRA Companies (2022),” takes an extensive look at not only gold IRAs in general but at the companies it has decided are the best of the bunch when it comes to providing gold ...read more