Central banks have been pumping money into the global economy without a whole lot to show for it other than sharply higher stock prices, and even that has been on the downturn for the past year. Growth remains anemic, and worries are escalating that the U.S. and the...
Gold's Best Day in Seven Years Has Metal on Verge of Bull Market
As global stocks enter a bear market, gold is on the verge of bull status. Global stocks slumped Thursday as investors shunned risk worldwide amid concern that central-bank efforts to support economic growth are losing potency. Federal Reserve Chair Janet Yellen...
Gold Jumps to 1-year High as Global Market Rout Spurs Safe-Haven Buying
Gold prices surged on Thursday as investors tried to escape the global market rout by hiding in safe-haven assets. Gold for April delivery GCJ6 jumped $41.30, or 3.5%, to $1,235.90 an ounce, setting it on track for the highest close in about a year. The move came as...
Gold Eyes Longest Winning Run since 2011 as Safe Havens Rule
Gold edged up to near its highest since June on Tuesday, as uncertainty over global growth that has hammered stocks puts the precious metal on course for its longest rally since 2011. Tuesday would mark gold's eighth straight day of gains as investors sought safe...
Gold Tops $1,200 as Risk-Off Mode Sweeps Through World Markets
Gold rallied for an eighth straight day after topping $1,200 an ounce for the first time since June as increased concern about the state of the global economy hurt equity markets and boosted demand for a haven. Producers’ shares rallied. Bullion for immediate delivery...
European Banks near ‘Terrifying’ Crisis: Raoul Pal
With European banks sitting at multiyear lows, one widely followed market watcher said some of the biggest ones could go bankrupt. Former hedge fund manager and Goldman Sachs alumnus Raoul Pal said his scenario is one most investors aren't looking at right now. Pal...
Negative Rates in US? Here’s Why It Could Happen
Less than two months after the Fed enacted its first rate hike in more than nine years, market talk already has turned to whether the central bank's future may not be more hikes, but rather negative rates. Intensifying recession fears, volatile financial markets and...
Gold Hits 3.5-Month High; Bullish Momentum Building; Silver Bulls Also Come to Life
Gold prices are higher and hit a 3.5-month high in early U.S. trading Thursday. Add the slumping U.S. dollar index to the list of bullish elements helping to drive gold and silver prices north recently. Silver prices also scored a 3.5-month high Thursday. Safe-haven...
Gold is 2016’s Most Beloved Asset
Gold bugs are among the only smiling investors these days. Prices have jumped 6% this year to $1,127 an ounce. That makes gold the best performing commodity and one of the only major assets to post a sizable gain in 2016. By comparison, stocks have had a dismal start...
U.S. Money Reserve featured on EPN’s Enterprise Radio
U.S. Money Reserve President Philip Diehl discusses gold market on entrepreneur podcast AUSTIN, Texas, Feb. 2, 2016 /PRNewswire/ -- Former U.S. Mint Director and current U.S. Money Reserve President Philip Diehl recently sat down to chat with host Eric...
Gold Futures Book Best Settlement in 3 Months
Gold futures on Monday register their highest settlement in about three months, as a slide in oil and the U.S. stock market highlighted continued demand for assets perceived as havens amid jitters about the global economy. April gold GCJ6, -0.08% gained $11.60, or 1%,...
Why 2016 Keeps getting Uglier for US Economy
When it comes to economic growth, 2016 is looking a lot like 2015 — and probably even worse. Friday's report showing that gross domestic product grew just 0.7 percent in the fourth quarter brought to a conclusion another year of dashed hopes for economic liftoff —...











