Gold & Silver Investment News & Trends

News and Trends

Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices- CNBC--5.3.21
According to Warren Buffett "we are seeing very substantial inflation." Inflation has begun to accelerate recently due to multiple factors, including increasing demand and supply chain struggles.

Americans Can’t Get Enough of the Stock Market - Wall Street Journal--5.2.21
Individual investors are holding more stocks than ever before as major indexes climb to new highs. Many are also borrowing to magnify their bets or increasingly buying on small dips in the market.

Saving for retirement is getting harder. Here's what to do about it.- Fox Business--4.29.21
Over the years saving for retirement has become more difficult. People are living longer, pension plans are less common and healthcare costs are rising. Individuals need to do more to plan for retirement.

Inflation nears decade high as reopening juices price growth across the economy- Business Insider--4.29.21
The inflation that many have been warning about has finally arrived. The PCE price index rose in the first quarter to 3.5% from 1.7%. This marks the second-fastest pace of price growth since 2011.

Fed holds interest rates near zero, sees faster growth and higher inflation- CNBC--4.28.21
The Fed has decided not to let up on its easy-money policy despite an accelerating economy. As expected, the U.S. central bank decided to keep short-term interest rates near zero while continuing with its bond buying plan.

The Fed in the Sand as Inflation Threatens - Wall Street Journal--4.26.21
Expectations are high than an economic boom is coming but the Fed still believes inflation will stay close to its 2% target. Some are worries that the Fed may be caught flat-footed by higher inflation.

Putin’s Bid to Ditch Dollar Picks Up as Exports Move to Euro - MSN--4.27.21
Vladimir Putin continues to push to reduce Russia's exposure to the dollar. For the first time, Russia's share of exports sold in the U.S. currency fell below 50%.

The Fed helped fuel a stock market boom that benefited wealthy Americans — and left behind everyone else - MSN--4.27.21
Ever since the covid-19 pandemic struck, the Fed has embarked on a campaign to stabilize the economy by using ultra-low interest rates and bond-buying sprees. However, in the process, the Fed has increased the inequality by increasing the wealth of the people at the top far more than the wealth of the working-class Americans.

Even as economy heats up, Fed to stick with near-zero rates - AP News--4.26.21
The economy is accelerating but the Fed is expected to reiterate its commitment to ultra-low interest rates after its news conference on Wednesday. Fed Chairman Jerome Powell has stressed that further gains in the job market are needed to help the many Americans.

Federal Taxes, Spending and Deficit All Set Records in First Half of FY2021 - CNS News--4.26.21
Federal taxes, spending and the federal deficit have all set records in the first half of 2021. The highest previous federal spending in the same period happened back in 2009.

Businesses scramble for help as job openings go unfilled- AP News--4.21.21
Small businesses are having trouble filling jobs, hurting their ability to keep up with demand for their products and services. Owners say some would-be workers are worries about catching Covid-19 and some prefer to live off unemployment benefits that are significantly higher amid the pandemic.

New investors beware: The easy money you made in the stock market probably won't continue- USA Today--4.18.21
The pandemic has shut down businesses and thrown millions of people out of work. At the same time, the federal government handed out unprecedented amounts of stimulus payments, free loans to businesses, eviction moratoriums and other aid. Millions of people then entered the stock market and may not be prepared for the next down cycle.

Worker shortage further hurting NYC restaurants- Fox Business--4.17.21
Restaurants in New York can only serve half their pre-pandemic capacity and they still don't have enough employees to make it work. This is a reflection of the national hiring crisis in many industries.

Peter Schiff: We're On Autopilot Down The Road Toward Inflation- Zero Hedge--4.15.21
According to Peter Schiff, what we have going on right now is inflation and its inflation that is masquerading as a recovery. What the U.S. is doing right now is spending the money that the Federal Reserve prints.

"News and commentaries posted at Swiss America does not necessarily express the opinions of Swiss America nor of its personnel. Swiss America attempts to post only credible news and opinions, however we do not take responsibility for the accuracy of external content nor should it be construed as an endorsement."

More Links

Weekly Charts

Current Spot Prices

Weekly Charts
Current Spot Prices