silver Tag

Posted On March 17, 2017By HoudiniIn News

Gold rallies to highest finish in two weeks

Metals jumped across the board on Thursday, with gold prices notching their highest finish in two weeks, on the heels of the dollar’s decline, which came after the U.S. Federal Reserve raised interest rates, but struck a less hawkish tone than expected. April gold GCJ7, -0.05%  rallied $26.40, or 2.2%, to settle at $1,227.10 an ounce, with prices ending at their highest level since March 2. The metal scored its biggest one-day percentage gain since June of last year, according to FactSet data. That is when the U.K. announced its decision to exit from theRead More
Investors may be better off with silver rather than gold. The Federal Reserve’s pledge to stick to its dovish outlook on U.S. monetary policy has fueled a rally in precious metals and silver usually beats its more valuable peer in a rising market. After the Fed raised interest rates by a quarter percentage point Wednesday, Chair Janet Yellen said the central bank was willing to tolerate inflation temporarily overshooting its 2 percent goal and intended to keep its policy accommodative for “some time.” UBS Group AG said the gradual paceRead More
According to the mainstream financial media (MFM), the biggest financial frauds in history are the Bernie Madoff Ponzi scheme, with roughly $20 billion in net investor losses, and the Bank State rigging of LIBOR, which resulted in 16 guilty banks paying $35 billion in fines, which supposedly equated to their theft. The MFM have conveniently ignored a far larger financial crime that has been perpetrated for 37 years and counting, and that has netted its orchestrators more than $1,000,000,000,000.00 ($1 trillion) in stolen profits. This crime is so powerful thatRead More