Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Investor allocation to equities relative to bonds has dropped to its lowest level since the global financial crisis as worries about a recession take hold, according to Bank of America Corp.’s global fund manager survey.
UBS Group AG said it will use some shares that it had repurchased over the past year to finance the acquisition of Credit Suisse Group AG, after the Swiss regulator approved a change to its buyback plan.
Apr 18, 2023 - 05:25:49 PDT
“The reality is that the 25 largest domestically-chartered commercial banks in the U.S. have been bleeding deposits for most of the past 12 months, shedding more than $700 billion in deposits between April 13, 2022 and March 29, 2023. To put that in even sharper focus, all U.S. domestically-chartered commercial banks have lost a total of $970 billion during the same time period. That means that the largest 25 banks account for a whopping 72 percent of the plunge in deposits over the past year.”
Climbing a wall of worry is one thing. Scaling the towering monolith of skepticism that currently comprises Wall Street’s view of markets takes uncommon courage.
BlackRock Inc. will begin selling failed banks’ securities Tuesday, launching a months-long process to help the Federal Deposit Insurance Corp. offload $114 billion of assets it picked up from Silicon Valley Bank and Signature Bank.
Central banks will settle for inflation that’s higher than their 2% targets, according to a majority of fixed-income investors in a Bank of America Corp. survey.
A Japanese insurer with $65 billion of assets plans to offload all its currency-hedged foreign debt holdings, foreshadowing what may become a renewed wave of selling by some of the biggest investors in global bond markets.
BlackRock Inc. strategists are ditching the 60/40 portfolio in favor of public and private investments as well as tactical holdings of bonds to navigate higher interest rates.
The European banking industry has withstood the challenge posed by the crisis sparked in March, Deutsche Bank AG Chief Executive Officer Christian Sewing said.
Investors banking on strong corporate results to lift stocks need to watch out for the "canary in the coal mine" says Ben Laidler, eToro global markets strategist. He tells Yahoo Finance’s Rachelle Akuffo to expect a “down earnings season” in the first quarter as he laid out his roadmap for how he thinks corporate results will shakeout in the wake of March's banking...
Today is tax day.I'm not pleased.I don't know about you, but that means my bank account balance will be significantly smaller later this evening. I'm going to have to write a big check. But hey, this is the price I pay for a more civilized society.
Peter Schiff recently appeared on Real America with Dan Ball to talk about the weakening US dollar, the less-than-stellar jobs report, and the trajectory of the economy.Peter kicked off the interview with a startling statement when Dan said whether it's oil, de-dollarization, or President Biden's horrible economic policies, everything is pointing toward a recession this year.
COPPER MINING MEET THE ENERGY CLIFF: The Global Copper Mining Supply Gets Into Serious Trouble After 2025April 18, 2023
In just a few short years, the Copper Mining Industry will reach peak production, which will signify the pinnacle of the Global High-Tech Economy. Thus, the idea that AI or ChatGPT will be the new "Game Changer" for the human race, will also fade away into history as another high-tech delusion...
According to InvestingHaven’s market readings, silver is now starting a new wave in its secular bull market. In a way, it’s official now. The writing was on the wall, we were there, even in the public domain, with this market call: This Giant Bull Flag Will Be Fuel For A Big Explosion In 2023. To […]
Apr 17, 2023 - 13:05:15 PDT
Because gold is honest money it is disliked by dishonest men.” — Ron Paul
Buying physical gold is a time-proven method of securing generational wealth, and a security measure often taken in times of economic turbulence.
A monthly chart view of the gold price projects a break to the blue sky, but needs to confirm a breakout first (and endure the noise of an ‘in the bag’ banking sector)...
Apr 17, 2023 - 13:00:14 PDT
Both Shanghai Gold Benchmark PM (SHAUPM) in RMB and the LBMA Gold Price AM in USD surged in March, ending Q1 with sizable returns...
"Real Estate Bubble DESTINED To Pop" - Will Commercial Property Be the Pin?Apr 17, 2023 - 12:41:39 PDT
Mike shares a few highly concerning warning signs the real estate collapse is already happening.
Another Country Rich in Gold and Silver Makes Itself a Slave to the U.S. DollarApr 17, 2023 - 12:11:14 PDT
...many Bolivians are withdrawing their dollar deposits or rushing to buy the U.S. currency amid increased concern about Bolivia's economic fragility, a marked change for a country that for more than a decade experienced what many called an "economic miracle" amid strong growth, record exports, low inflation, a fixed exchange rate, and subsidized gasoline.
Brace for QE All Over Again, and Let Us Get It Right Next Time: Ambrose Evans-PritchardApr 17, 2023 - 11:57:55 PDT
Current levels of inequality and threats to democracy can be tied back to the last botched QE attempt. If you thought that zero rates and quantitative easing were a bad dream that we can all forget, you may be in for a surprise. It is again becoming clear that deflation remains the overarching structural threat to the world economy.