Diamond News Archives
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Goldman Sachs believes that the stage is set for gold to enjoy a big rebound as investors are poised to pile into the inflation-hedging safe haven this year.
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- Category: News Archives
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We now have the highest rates of inflation in forty years - but this inflation is much more painful than it was forty years ago.
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- Category: News Archives
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The US Senate will soon vote on Federal Reserve Chairman Jerome Powell’s nomination to a second term. One of the senators opposing Powell is Elizabeth Warren. I don’t often agree with Senator Warren, but I do agree with her assessment that Powell is “dangerous.” However, Warren actually doesn’t...
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- Category: News Archives
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“I would not expect our gold position to change in the foreseeable future,” said Frankfurt-based Schmidt, who has 8% of his funds in gold. “We don’t see a dramatic change in the interest-rate environment.”
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- Category: News Archives
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Gold prices steadied on Monday as tensions over Ukraine buoyed its safe-haven allure, while investors held off on big moves ahead of a Federal Reserve meeting this week that could provide clues on the U.S. central bank's interest rate trajectory.
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