Bank forecasts are rising for gold’s year-end price now after the latest SVB banking crisis. Citi raises its Q2 2023 gold price forecast to USD 1,875/oz (prev. USD 1,800/oz), Q3…
Elon Musk has a reputation of a man who gets things done. It is a deserved reputation as his achievements have been quite astounding. Whether it is in space with…
Around the autumn of last year, the UK bond market was in a crisis. The cost of living, energy price surges, and uncoated tax cuts announced by the Government, sent…
The cost of selling on Amazon has now exceeded 50% of each sale for the first time. Bloomberg reported that in 2022 the average cut of each Amazon sale was…
There is a discrepancy between the market and the Fed that provides a potential opportunity and it can impact the USD. In brief, the Fed projected no Fed rate cuts…
Last year global stocks had their worst year since 2008. World stock market capitalisation fell nearly 20% which, in recent history, was only eclipsed by the near 50% drop in…
Crescat Capital has been bullish on gold for a long time. It is a conviction that has been costing the company in the recent climate with USD strength, rising yields,…
Back in May, the outlook for China exiting its Covid-Zero looked like it was going to be a long draw out affair. Weaker hospital infrastructure, lack of vaccination of the…
Bloomberg reports that Italy has a €123.2 billion debt mountain from COVID-backed state support which, as of June 30, is outstanding. The debt has been rising too as it has…
Last week’s UK budget marks a return to austerity. The key sentiment of Chancellor Jeremy Hunt’s statement was that the UK now intends to live within its means. There were…