Expect to see some consolidation next week as gold price is unable to hold gains above $2400 – Kitco NEWS
(Kitco News) – Gold and silver continue their strong upward trend, but some analysts say recent momentum appears to have peaked and investors should brace for firmer prices next week. It is said that Both gold and silver were volatile again on Friday as the precious metals were unable to sustain their significant gains earlier […]
Bitcoin price preps for new highs according to increasing stablecoin issuance data – Cointelegraph
Stablecoin data suggests traders are preparing Bitcoin (BTC) prices to hit new all-time highs. According to a report by KuCoin Research, the increase in stablecoin inflows is being driven by the Bitcoin supply halving event that will take place within seven days. of report We detail how Tether (USDT) and USD Coin (USDC) issuance continues […]
Biden buys votes, and you pay the price through inflation
President Joe Biden has spent three and a half years buying votes with your money. Your taxes may not have gone up, because Biden hasn’t financed his spending with federal revenues so much as with money created out of thin air — which is to say, the cost of Biden’s spending spree has been rampant inflation which is still too […]
Oklahoma AG sues natural gas companies over winter storm price hikes
Oklahoma’s Republican Attorney General Gentner Drummond filed a lawsuit Wednesday against two Texas-based natural gas companies for their roles in soaring gas prices during the 2021 winter storm Uri. The lawsuit is the first brought by the state against a natural gas utility over profits made during the storm, filed in Osage County, Oklahoma, by […]
Cheap coal, cheap workers, Chinese money: Indonesia’s nickel success comes at a price | Indonesia
SNestled chest-deep in the Moluccan Sea, just outside the rolling chimneys of the world’s largest nickel industry, Upin adjusted his mask and dove. Although his people, the Bajau, are known to remain underwater for more than 10 minutes, Upin quickly surfaces. He carries a sturdy metal disc over the side of the dugout canoe. “Since […]
U.S. Postal Service Announces Sixth Price Increase Since 2020
The United States Postal Service (USPS) has proposed a 7.8% increase in the price of stamps effective in July to “achieve fiscal stability.” Tuesday press release from service announced Submit a notice to the Postal Regulatory Commission to increase the price of various stamps by up to 10 cents. A typical 1-ounce letter first class […]
Russian Oil Shatters G7 Price Caps in Defiance of Sanctions
Russian crude currently sells for about $75 per barrel, far above the $60 cap imposed by the Group of Seven (G7) countries in 2022, according to the latest oil price tracking data. Russian oil is trading even higher in markets such as India, suggesting that G7 efforts to drain Russia’s war machine of oil revenues […]
Gold market analysis for April 10 – key intra-day price entry levels for active traders – Kitco NEWS
(Kitco News) – This 5-minute bar chart for Comex Gold Futures is a valuable analysis and trading tool for intraday gold futures traders and market watchers. His 5-minute bar chart of active gold futures contracts displays the key short-term moving averages (10 and 20 periods) that traders can use for crossover buy and sell signals. […]
Gold price sells off after another hotter U.S. inflation report – Kitco NEWS
(Kitco News) – Gold and silver prices fell in early U.S. trading on Wednesday, selling off after a better-than-expected U.S. inflation report. June gold was last down $14.50 to $2,347.00. May silver was last down $0.049 to $27.93. (Hello, thousands of my valued readers have subscribed to my free weekly newsletter, Front Burner, and are […]
Post Office proposes raising the price of stamps again
Goodbye, start licking Penny. The United States Postal Service wants to raise the price of stamps again. federal authorities requested on Tuesday. Increase the price of first-class stamps from 68 cents to 73 cents. The Postal Service has proposed increasing the price of its “Forever” stamps from 68 cents to 73 cents starting in July. […]