Precious metals are apparently waking up. And here is where you can find the best deals.
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Last month, Tennessee Gov. Bill Lee signed a bill into law that creates a commission to study the feasibility of creating a gold bullion depository in the Volunteer State.A state bullion depository would not only create a safe place to store precious metals; it would increase the state's financial independence. It could also facilitate the everyday use of gold and silver in financial transactions in Tennessee and set the stage to undermine the Federal Reserve’s monopoly on money.
The White House on Friday sent Congress a $6 trillion budget plan that would ramp up spending on infrastructure, education and combating climate change, arguing it makes good fiscal sense to invest now, when the cost of borrowing is cheap, and reduce deficits later.
Companies stung by import levies are pushing for the Biden administration to lift them, but some economists say removing tariffs on metal and lumber won’t mean a big drop in prices.
U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve's 2% target and posting its largest annual gain since 1992, because of pent-up demand and supply constraints as the economy reopens.
The EU is finally able to raise much-needed funds from public markets and boost the economies of its 27 members after the coronavirus crisis.
Cyberattack Hits World’s Largest Meat Processor’s Australia and North America UnitsJun 1, 2021 - 05:18:45 PDT
Australian and North American units of the world's largest meat processors were hit over the weekend by an organized cyberattack on its information systems.
Economy Can Handle the Sharp Rise in Inflation, Market Bull Ed Yardeni PredictsJun 1, 2021 - 05:15:38 PDT
The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy can handle it.
Bonds yields rose on Tuesday, as investors digested last week's inflation data and looked ahead to Friday's all-important jobs report.
While pundits debate whether the record usage on the Fed's reverse repo facility, which last week hit a record $485BN before easing back modestly...
Millions of Americans Could Face Eviction As Housing Protection Expires in JuneJun 1, 2021 - 05:10:13 PDT
More than 11 million Americans are behind on their rent and many could face eviction when national housing protection expires in June.
For months, the markets have responded to inflationary pressures by piling into dollars and selling gold. They've taken this counterintuitive approach because they believe the Fed will tighten monetary policy to fight inflation sooner rather than later. But we're starting to see a shift in sentiment. As Peter Schiff explains in a recent podcast, traders seem to be realizing that inflation might be here to stay, and that is bullish for gold and bearish for the dollar.
There was a time when the United States was a true "Economic super-power." Not only was the U.S. the Saudi Arabia during the 1920-1940s, as it supplied the allies with most of their oil during World War 2, it also produced the lion's share of this metal. At its peak, the United States produced...
If we look at the ultra-long yearly charts of the precious metals, we see some very interesting technical levels not found in other charts. Most investors look at daily, weekly, or monthly charts. However, we have found important technical levels using the quarterly charts. In this update, I will provide four charts...
With the U.S. Government's Green Energy plan to increase offshore wind power 1,000 times the present power generation by 2030, we will need some massive-sized wind turbines to do the trick. One such monster is GE's Haliade-X 12 MW offshore wind turbine. When fully erected, the GE Haliade-X will rise to...
What a challenging time to be an investor... We’re seeing rising inflation at the same time economic growth is starting to slow again, which conjures up real concerns of dreaded stagflation ahead.
This is a must-see Gold & Silver Market Update for SRSrocco Report subscribers. In this video update, I provide important fundamental and technical analysis that suggests higher prices in the short term. Not only do the technicals point to higher precious metals prices in the short term, but the fundamentals continue to get stronger...
We are delighted to send you the 15th edition of our annual In Gold We Trust report, titled “Monetary Climate Change”. Gold is on everyone's lips again, and the question that now occupies us is: will inflation really be "transitory"? This year’s report takes a deep dive...
All things being equal, a higher inflationary environment is good for gold, which is seen as the best store of value in times of both financial and political trouble.
May 28, 2021 - 13:00:18 PDT
It's rather ironic that politicians who work for a government that is in the red $28 Trillion are criticizing bankers for charging "overdraft fees." Shouldn't politicians be on the side of enforcing voluntary contracts, rather than advocating breaking them? America’s broken monetary system is a major problem...
Tad Rivelle, Chief Investment Officer of the Californian bond giant TCW, worries that rising prices for goods and services will not remain a temporary phenomenon. He sees a risk that investors will gradually lose confidence in the dollar and explains why real assets such as commodities make sense in the current market environment.