U.S. response to geopolitical flare-up is 'extremely inflationary,' record deficits already a massive problem for the Fed, Treasury – James Lavish
Any U.S. response to a sudden geopolitical flare-up will be "extremely inflationary," posing a massive problem for the Federal Reserve and U.S. Treasury, which are already facing 'monumentally irresponsible' record deficits, says James Lavish, Managing Partner at Bitcoin Opportunity Fund.
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Gold’s mettle is being tested in a healthy correction - Saxo Bank's Ole Hansen
(Kitco News) - Gold and silver continue to see solid selling pressure, but according to one market analyst, this is where investors will see the true grit in the marketplace.
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China’s silico-manganese futures near 7-month high after South32 export suspension
Steelmaking ingredient silico-manganese futures in top consumer China rose more than 5% on Wednesday, driven by fears of tightening supply of raw material manganese ore following a longer-than-expected supply disruption from major supplier South32.The most-active September futures contract on the Zhengzhou Commodity Exchange rose 5.26% to 7,078 yuan ($976.83) per metric ton, its highest level since Sept. 27, 2023.Transaction volumes of the most-traded futures contract soared by 325% day on day to a record high of 1.09 million lots.