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Silver alert: XAG/USD on the move again

Silver alert: XAG/USD on the move again
Joe Perry
February 22, 2021 9:18 PM
Nope, it’s not a short squeeze this time!
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Nope, it’s not a short squeeze this time! Silver is moving higher today, up nearly 3.25%, along with other commodities, including Gold which is up 1.3% as well. Commodities, inflation and inflation expectations have been moving higher, and it seems the precious metals were the last to join the party. However, as discussed in the Week Ahead, US Fed Chairman Powell will give his semi-annual testimony on Monetary Policy to the Senate Banking Committee. Powell has been extremely dovish over the past few weeks, even as commodities, yields, and inflation expectation have been ticking high. However, Silver and Gold have not been participating in the move, until today. ....

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Lamberti's Salon closing Saturday after 83 years

Lamberti's Salon closing Saturday after 83 years
journalnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalnow.com Daily Mail and Mail on Sunday newspapers.

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UPDATE 3-Powell says economy still needs Fed support, pushes back on inflation worries

Federal Reserve Chair Jerome Powell, pushing back on suggestions that loose monetary policy risked unleashing inflation and financial risks in what may be an emerging economic boom, said the central bank would keep its attention focused on getting Americans back to work. ....

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Fed's Powell says support for economy needed for 'some time'

Federal Reserve Chair Jerome Powell, pushing back on suggestions that loose monetary policy risked unleashing inflation and financial risks in what may be an emerging economic boom, said the central bank would keep its attention focused on getting Americans back to work. ....

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European Shares Seen Up Ahead Of Powell Testimony

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks may open higher on Tuesday as investors await testimony from Federal Reserve Chair Jerome Powell for clues as to when the central bank's easy ....

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