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New government data emerged this week showing that food prices in Canada continue to climb. Though year-over-year inflation of consumer prices overall cooled to 3.8% in September, food prices increased 5.8% from a year ago, driven by surging prices of bakery products...
According to the U.S. Treasury, year-end data from September 2023 show that the deficit for the full year 2023 was $1.7 trillion, $320 billion higher than the prior year’s deficit. As a percentage of GDP, the deficit was 6.3%,...
Greg Weldon analyzes current macroeconomic landscape and potential developments in the near future and what is driving Gold towards a breakout. He also discusses Silver, the Gold/Silver ratio, the stock market and finally, implications of a bond bear market.
I haven't done an update on the financial markets since October 1st. My views about it haven't changed since then, but it is clear that the market action is making more people confused about it. Bond yields...
The major gold miners’ soon-to-be-reported Q3 profits are poised to skyrocket.  Gold stocks’ imminent earnings season detailing last quarter has high potential to achieve record profits growth for this sector.  Much-higher prevailing gold prices coupled with lower production costs...