Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at the return of inflation. (See the Inflation/Deflation Watch section.)
Precious Metals:
I noted a price jump in precious metals on Monday morning (Sept. 15, 2025) in U.S. trading. This followed strong buying in Asian trading:
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$3,697.80
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$42.83
And then on Tuesday morning:
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$3,709.90
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$43.17
That was another all-time high for gold. Predictably in typical profit-taking, by Thursday morning, we saw:
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$3,660.80
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$42.04
I expect to see more profit-taking and perhaps a last hurrah in short-selling — especially in Friday afternoon Comex trading — but the bull market has been re-confirmed. – JWR
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At Gold-Eagle.com: Goldman Sachs: ‘Central Banks Will Be Buying Gold For Years’.
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Nick Giambruno: Why the Hardest Money Always Wins.
Economy & Finance:
As reported by the leftist CNBC: Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture.
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I saw this linked over at the Whatfinger.com news aggregation site: Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply. JWR’s Comment: Clearly, the Fed’s 250 Basis Point interest rate cut on Wednesday was already “baked into the cake.”
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At Zero Hedge: Bank Of Canada Resumes Rate Cuts After 6 Month Pause.
