Effectiveness Of QE In U.S. Will Not Be Mirrored In Europe – Martin Feldstein
Although the unconventional stimulus package introduced in the U.S. post-crisis helped the economy from collapsing, one famed economist said the program might not be as effective in Europe.
Read moreU.S. Pending Home Sales Fall 3.7% In December
(Kitco News) – The number of consumers who started the process of buying a home decreased in December, reversing the modest gains in November, according to the latest data from the National Association of Realtors (NAR).
Read moreU.S. Weekly Jobless Claims Fall To 265K, Lowest Since April 2000
(Kitco News) – First-time weekly jobless claims in the U.S. fell by 43,000 to a seasonally adjusted 265,000 during the week to Saturday, the Labor Department said Thursday.
Read moreGold Lower Following Hawkish Read On FOMC Minutes
Gold prices are solidly lower in early U.S. trading Thursday, in the wake of a FOMC statement that is now being read as more hawkish than dovish.
Read moreGold Weaker on Mild Profit Taking, Chart Consolidation; FOMC a Non-Event
Gold prices ended the U.S. day session modestly lower Wednesday.
Read moreFederal Reserve Remains ‘Patient’ On Interest Rates
(Kitco News) – As expected, the Federal Open Market Committee (FOMC) is remaining patient on future interest rate hikes, according to the central bank’s monetary policy statement.
Triland Metals: Gold Still Attracting Investors Below $1,300
Despite gold’s retracement to sub $1,300 levels, Triland Metals analysts say to look at gold investment flows during these dips to gauge investor sentiment towards the metal.
Sunfire – Creating Gasoline From Sunlight Without PGMs
First there was microwaveable gold and now gasoline can be created from sunlight. Gasoline, diesel and kerosene can now be produced in a sustainable way. What sounds like an oxymoron is in fact what Sunfire GmbH of Dresden, Germany promises.
Read moreMajority Of Kitco Readers Don’t Expect The Fed To Hike Rates In 2015
(Kitco News) – Although markets continue to expect the Federal Reserve to eventually hike interest rates, either in June or September, Kitco readers are not convinced that a rate hike will be coming in 2015.
Read moreFresnillo Beats 2014 FY Silver Guidance; Gold Production Lower
Silver mining giant Fresnillo plc (LSE:FRES) saw silver production rise to 45 million ounces in 2014, a 4.9% increase year-on-year and above of the company’s 43 million silver ounce guidance for the year.
