Generally, there are 3 key hedges against inflation – gold ($GOLD), commodities ($XRB), and real estate (XLRE). While the Fed has taken a renewed interest in the short-term rising inflationary picture, which, by the way, is in direct contrast to what Fed Chief Powell said in late August and September,…
5. Peter Grandich, Peter Grandich & Company Kicking off the list in the fifth spot is Peter Grandich of Peter Grandich & Company. Speaking in early August, when gold was approaching the US$2,500 per ounce level, Grandich explained why he no longer sees US$5,000 as a ‘foolish’ price target. 4.…
Staff at a hospital in northern Gaza say the building has been surrounded by Israeli forces and they are being ordered to evacuate along with all patients, after reports of a nearby airstrike that the local health ministry said killed about 50 people. Israeli forces “are besieging Kamal Adwan Hospital…
German President Frank-Walter Steinmeier on Friday dissolved the country’s lower house of parliament to pave the way for snap elections on February 23 following the collapse of Chancellor Olaf Scholz’s three-way coalition. “Especially in difficult times, like now, stability requires a government capable of acting, and reliable majorities in parliament,”…
The signs point to a Russian system striking Azerbaijan Airlines flight J2-8243 before it crashed near the city of Aktau, the US official said Thursday. This is the first time the US has offered an assessment of Wednesday’s crash, which killed at least 38 of the 67 people aboard the…
Italian journalist Cecilia Sala has been detained in Tehran, Italy’s foreign ministry said in a statement Friday. Sala was reporting in the Iranian capital when she was “stopped by Tehran police” on December 19, the statement said, adding that the foreign ministry “has worked with the Iranian authorities to clarify…
At least 10 people were killed and several wounded when a Nigerian military fighter jet pursuing bandits in two villages mistakenly bombed civilians in the northwestern state of Sokoto on Wednesday, the state governor Ahmed Aliyu said. “The military jets were on their mission to eliminate criminal armed groups terrorizing…
NATO said on Friday it would boost its presence in the Baltic Sea after the suspected sabotage this week of an undersea power cable and four internet lines, while alliance member Estonia launched a naval operation to guard a parallel electricity link. Finland on Thursday seized a ship carrying Russian…
A man who killed 35 people by plowing his car into a crowd at a sports center in southern China has been sentenced to death, state media reported on Friday. Fan Weiqiu, 62, rammed his car into people exercising at the outdoor venue in the city of Zhuhai last month,…
Mexico is developing a cellphone app that will allow migrants to warn relatives and local consulates if they think they are about to be detained by the U.S. immigration department, a senior official said Friday. The move is in response to President-elect Donald Trump’s threats to carry out mass deportations…