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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “new orders“

July 24, 2025 Original Analysis

Richmond Factory Gauge Falls Off a Cliff

Manufacturing in the Federal Reserve’s Fifth District hit the brakes hard in July, and the yellow metal took notice. The Richmond Fed reported Tuesday that its composite manufacturing index collapsed to –20 from June’s already-weak –8, falling well below the consensus expectation of -2. Shipments, new orders, and employment all sank deeper into negative territory, […]