Housekeeping: Support Independent Media
Featured Posts on News Sites :
Scottsdale Mint — Zerohedge — Silver’s Third Wave: Bears Are Running Out of Time Yahoo — BBG: Gold Is Back to Pricing Fed Credibility X.com — Oil's Sidelined Bid
Featured Analysis:
BBG: Gold Is Back to Pricing Fed Credibility
Gold’s remarkable rally since 2022 has been driven by inflation fears, geopolitical uncertainty, and aggressive central bank buying. But Bloomberg Intelligence’s Mike McGlone argues the market may now be confronting a different reality: a Federal Reserve increasingly focused on restoring credibility. If higher rates and tighter policy return, gold could face its most significant test of the cycle.
News & Analysis:
Data on Deck: CPI
MONDAY, JUNE 8
No major US releases
TUESDAY, JUNE 9
10a Existing Home Sales (prev 4.02M → est 4.07M)
WEDNESDAY, JUNE 10
8:30a Core CPI m/m (prev 0.4% → est 0.3%)
8:30a Core CPI y/y (prev 2.8% → est 2.9%)
8:30a CPI m/m (prev 0.6% → est 0.5%)
8:30a CPI y/y (prev 3.8% → est 4.2%)
THURSDAY, JUNE 11
8:30a Core PPI m/m (prev 1.0% → est 0.5%)
8:30a PPI m/m (prev 1.4% → est 0.7%)
8:30a Unemployment Claims (prev 225K → est 220K)
FRIDAY, JUNE 12
10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)
10a Prelim UoM Inflation Expectations (prev 4.5%)
GoldFix Members: Exclusive Bullion Pricing Now Available
GoldFix has partnered with Battalion Metals to give our community direct access to institutional-grade physical bullion at exclusive member pricing. Through this partnership, GoldFix members can purchase gold and silver products at pricing typically about 100 basis points below prevailing dealer rates,
***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix intern
Charts and Final Market Check:
Continues Below…
