{"id":2101,"date":"2023-05-07T04:19:48","date_gmt":"2023-05-07T04:19:48","guid":{"rendered":"https:\/\/prendergast.net\/?p=2101"},"modified":"2023-05-07T04:19:48","modified_gmt":"2023-05-07T04:19:48","slug":"news-bites-the-us-and-china-are-on-brink-of-war-as-gold-touches-record-highs-and-banking-sector-troubles-intensify","status":"publish","type":"post","link":"https:\/\/prendergast.net\/?p=2101","title":{"rendered":"News Bites The US and China are on &#8216;brink of war&#8217; as gold touches record highs and banking sector troubles intensify"},"content":{"rendered":"<div id='post-thumb'><img alt='' src='https:\/\/markethive.com\/uploads\/david-ogden\/images\/blog_363242.jpg' style='height:1px; width:1px' \/><\/div>\n<h2>News Bites<\/h2>\n<h1>The U.S. and China are on &#39;brink of war&#39; as gold touches record highs and banking sector troubles intensify<\/h1>\n<p>Gold&#39;s price action was defined by major volatility this week. Gold Comex futures tested record highs as the banking sector troubles intensified. Markets also dissected Federal Reserve Chair Jerome Powell&#39;s messaging, while Friday&#39;s stronger-than-expected U.S. employment report weighed on gold.<\/p>\n<p>Here&#39;s a look at Kitco&#39;s top three stories of the week:<\/p>\n<p>3. Comex gold prices test record highs and touch $2,085 an ounce.<\/p>\n<p>2. There&#39;s a new U.S. debt ceiling deadline.<\/p>\n<p>1. Ray Dalio: The U.S. and China are on &#39;the brink of an economic resources war&#39;<\/p>\n<p>By<\/p>\n<p>Anna Golubova<\/p>\n<p>For Kitco News<\/p>\n<p><span style=\"color:#000080\"><span style=\"font-family:Tahoma\"><span style=\"font-size:medium\"><u><a href=\"https:\/\/kms.kinesis.money\/signup?referrer=KM13461268\" style=\"color:#000080; text-decoration:underline\">Time to Buy Gold and Silver<\/a><\/u><\/span><\/span><\/span><\/p>\n<p><\/p>\n<p>Tim Moseley<\/p>\n","protected":false},"excerpt":{"rendered":"<p>News Bites The U.S. and China are on &#39;brink of war&#39; as gold touches record highs and banking sector troubles intensify Gold&#39;s price action was defined by major volatility this week. Gold Comex futures tested record highs as the banking sector troubles intensified. Markets also dissected Federal Reserve Chair Jerome Powell&#39;s messaging, while Friday&#39;s stronger-than-expected &hellip; <a href=\"https:\/\/prendergast.net\/?p=2101\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">News Bites The US and China are on &#8216;brink of war&#8217; as gold touches record highs and banking sector troubles intensify<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[726,793],"_links":{"self":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/2101"}],"collection":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2101"}],"version-history":[{"count":0,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/2101\/revisions"}],"wp:attachment":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}