Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
European Central Bank Warns of Insolvencies When Pandemic Stimulus Measures Are LiftedMay 19, 2021 - 05:15:09 PDT
The pandemic has hit different economic sectors with varying degrees of severity and speed, with tourism and hospitability among the most impacted.
U.S. Treasury yields climbed on Wednesday morning, ahead of the release of minutes from the Federal Reserve's last policy meeting.
Sky-high home prices mean demand for ever bigger mortgages, but those prices may also be causing a pullback in homebuying.
The Consumer Price Index came in much hotter than expected last week. The mainstream chalks rising prices to supply chain and production issues caused by the pandemic. But in a recent interview on NTD New, Peter Schiff says there's more to it than that. Prices are rising because a surplus of printed dollars is bidding up prices.
Today, the turmoil hit the broader markets and Cryptos, especially Bitcoin. Bitcoin was down more than 25% at one time and Ethereum was down more than 40%. Is the correction in the markets and cryptos over? I doubt it. Also, it seems as if investors traded Bitcoin for the safety of Gold...
Join Mike Maloney as he investigates one of the biggest ‘rabbit holes’ in the entire history of the United States: Who Really Owns America’s Gold?
Gold inches higher on Tuesday to mark a fourth-straight session climb, with a weaker U.S. dollar and concerns surrounding inflation and market valuations...
The best performing precious metal for the week was gold, up 0.67%. Gold is near its highest level in three months. Bond market expectations for the pace of inflation over the next five years surged on Monday to the highest since 2006.
“The Biggest Reduction In History": Wells Fargo Predicts 200,000 Banking Jobs Lost Over Next DecadeMay 18, 2021 - 12:49:39 PDT
The jobs most at risk are in-person branch jobs and call centers; as if it wasn't already difficult enough to get any banking done in person or over the phone with an actual human being.
Central bank liquidity cannot support elevated valuations indefinitely.
"This 'pandemic debt,' coming as it does on top of the already-extraordinary debt that predated it, will have consequences that must be addressed if US prosperity and world leadership are to be maintained,"
$4.7 Trillion of Treasury Securities Added Since March 2020 Incredibly Spiking US National DebtMay 18, 2021 - 11:51:02 PDT
The Fed did it . Nearly everyone did. Even China nibbled again. Here’s who holds that monstrous $28.1 trillion US National Debt.
Walmart Is Doubling Down on 'Rollbacks' as Inflation Pushes Prices HigherMay 18, 2021 - 11:04:46 PDT
nflation is driving up prices of items from soda to diapers, but Walmart said it is putting more of its merchandise on sale.
Indiana, Oklahoma, and Texas are the latest states to join the wave of others opting out of pandemic-era unemployment programs next month.
"Whether the CPI records a higher or a lower rate of general price inflation, the more deleterious effects resulting from monetary inflation are those relative price and wage distortions, and resource, labor and capital misallocations and misdirection, that are hidden beneath the 'surface' of...
When the country's CEOs and billionaires start to head to the exits a little bit quicker than usual at the tail end of a 13 year bull market, it may be time to start paying attention.
Mark Mobius of Mobius Capital Partners says oil prices have had an "incredible run" and may not rise much more.
Inflation, Not COVID, Is Now the Biggest ‘Tail Risk’ for Markets, Says Bank of America: CNBC ProMay 18, 2021 - 09:02:46 PDT
A record 69% of respondents to the monthly reading see above-trend growth and inflation as the most likely scenario ahead.
Unemployment Tax Refunds May Be Seized for Unpaid Debt, Taxes and Student LoansMay 18, 2021 - 08:59:59 PDT
The IRS is starting to issue tax refunds on up to $10,200 of unemployment benefits received last year. Those with past-due debt may not see any money.
Yellen Pushes Higher Taxes, Stronger Unions, More Global Competition to U.S. ChamberMay 18, 2021 - 08:56:27 PDT
Treasury Secretary Janet Yellen is calling for business leaders to pay higher taxes to support government stimulus spending.