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The Time Has Come

The Time Has Come

Image Source: Pexels The phrase of the day on this fine summer Friday isn’t from any of the politicians seeking our attention 24/7 but rather Fed Chairman Jerome Powell. Giving a highly anticipated speech at the annual Fed confab in Jackson Hole, Mr. Powell told us, “The time has come.”While the market expected the Fed Chair […]
Gold/U.S. Dollar Price Ratio Making Historic Move

Gold/U.S. Dollar Price Ratio Making Historic Move

Image Source: Pixabay The price of Gold has been moving steadily higher over the past year, making new all-time highs. It’s currently trading over $2500!And we have been forecasting and discussing this for the past two years. Read more here.Today, we look at an important Gold price ratio — The Gold to US Dollar Ratio on a […]
Bitcoin jumps 1.1% as Powell signals Fed policy adjustment

Bitcoin jumps 1.1% as Powell signals Fed policy adjustment

Key Takeaways Bitcoin rose 1.1% after Fed Chair Powell hinted at policy adjustment at Jackson Hole. Polymarket bets on a 50 basis point rate cut increased to $1.9 million following Powell’s speech. Share this article Fed Chairman Jerome Powell’s speech at Jackson Hole today reinforced the expectations of an interest rate cut in September, as […]
Silver: The Shiny Underdog Of Precious Metals

Silver: The Shiny Underdog Of Precious Metals

Image Source: Pixabay Move over, gold. There’s a new metal in town stealing the spotlight, and it’s none other than our trusty friend silver. While gold has been hogging all the attention with its recent price surge above $2,500, with headlines like “400 oz Gold Bars Now Worth $1 Million For The First Time,” silver has […]
Weak Dollar And Bullish Technical Is Signal For Higher Bitcoin

Weak Dollar And Bullish Technical Is Signal For Higher Bitcoin

Image Source: Unsplash After some initial recession fears spurred by the NFP report showing higher unemployment (4.3%) at the start of August, stocks have bounced back up as last week’s retail sales data indicates the economy isn’t as bad as feared. CPI figures have also helped stabilize the markets, and with the Fed potentially closer to cutting […]
Elliott Wave Technical Analysis: Gold – Friday, Aug. 23

Elliott Wave Technical Analysis: Gold – Friday, Aug. 23

Gold Elliott Wave AnalysisGold is experiencing a retreat after reaching a fresh all-time high in August 2024. While this dip might appear concerning, it could be a temporary correction before buyers reenter the market, potentially driving prices to new highs. However, technical analysis suggests that a larger pullback could be on the horizon.Daily Chart AnalysisFrom a long-term perspective, Gold completed […]
Russia plans to set up crypto exchanges to support global trade

Russia plans to set up crypto exchanges to support global trade

Key Takeaways Russia plans to establish crypto exchanges in Moscow and St Petersburg to support international trade. The exchanges will use stablecoins linked to the Chinese yuan and BRICS currencies to reduce US Dollar dependency. Share this article Russia is considering setting up at least two crypto exchanges in a bid to boost global trade, […]
The $8 Trillion Bubble Ready To Burst

The $8 Trillion Bubble Ready To Burst

Image Source: Pixabay  That old private equity model is mostly extinct. In its place, former Wall Street trader Jared Dillian sees an $8 trillion bubble, built on massive layers of debt across 17,000 private equity firms.Jared says this bubble poses a systemic threat to the entire financial system, with the potential to implode in ways similar […]
S&P 500 Earnings Dashboard 24Q2 – Friday, Aug. 23

S&P 500 Earnings Dashboard 24Q2 – Friday, Aug. 23

Image Source: Unsplash  S&P 500 Aggregate Estimates and Revisions 24Q2 Y/Y earnings are expected to be 12.7%. Excluding the energy sector, the Y/Y earnings estimate is 13.5%. Of the 477 companies in the S&P 500 that have reported earnings to date for 24Q2, 79.5% reported above analyst expectations. This compares to a long-term average of 66%. The 24Q2 Y/Y blended revenue growth estimate is 5.4%. If the energy sector is […]
Sensex Today Ends 33 Points Higher; Nifty Above 24,800

Sensex Today Ends 33 Points Higher; Nifty Above 24,800

After opening the day on the flat, Indian benchmark indices remained muted as the session progressed but ended the day flat.Sensex and Nifty were little changed on Friday, the markets are reflecting a halt in the global equities rally as investors await Federal Reserve Chair Jerome Powell’s address, looking for confirmation regarding a potential US […]