Gold and Silver Market Update: What To Expect This Week

Jeffrey Christian of CPM Group discusses the upcoming BRICS meeting and the themes of the KC Fed's Jackson Hole Conference, including concerns over the economy, interest rates, inflation, and foreign threat to US growth.

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8/21/2023

Powell Likely To Give Markets Some Relief At Jackson Hole

The upcoming Jackson Hole summit hosted by the Kansas City Fed is expected to focus on "Structural Shifts in the Global Economy," with Chair Powell likely to give some bullish relief in his comments, indicating that the rate hiking cycle is over and that cuts could come sooner than expected, resulting in a potential market rally.

8/23/2023

US Jackson Hole symposium: Powell’s speech to move markets

The market is focused on the Jackson Hole Symposium for any policy changes from Fed Chair Jerome Powell, with investors eager to know if higher rates for longer are necessary. The market reaction will depend on Powell's message regarding rate hikes and cuts.

8/24/2023

Fed Chair Powell At Jackson Hole: Here's The Real Risk For The S&P 500

The Jackson Hole monetary policy conference, featuring a speech from Federal Reserve chair Jerome Powell, suggests that the era of low inflation may be over due to factors such as supply-chain failures, fiscal boosts, deglobalization, and onshoring. The potential for Powell to discuss inflationary risks and rate hikes could negatively impact the S&P 500.

8/24/2023

BRICS to Dethrone US Dollar and Shift to New Payment System

The BRICS summit is aiming to reduce reliance on the U.S. Dollar, as the coalition confirms new members including UAE, Egypt, Ethiopia, Saudi Arabia, and Argentina, and discusses the possibility of a new payment system and currency backed by gold.

8/25/2023

Central banks are more divided than ever

The speeches at the Jackson Hole summit will be closely watched for clues on the current thinking of central bankers and whether they can still find agreement on the way forward, as differing problems, doubts about standard models, and changing economic conditions threaten the unity among Western central bankers.

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Posted 8/22/2023, 8:29:00 PM

Gold and Silver Market Update: What To Expect This Week

kitco.com

Relevant topic timeline:

8/21/2023

Powell Likely To Give Markets Some Relief At Jackson Hole

8/23/2023

US Jackson Hole symposium: Powell’s speech to move markets

8/24/2023

Fed Chair Powell At Jackson Hole: Here's The Real Risk For The S&P 500

8/24/2023

BRICS to Dethrone US Dollar and Shift to New Payment System

8/25/2023

Central banks are more divided than ever