Precious metals are apparently waking up. And here is where you can find the best deals.
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May 17, 2021 - 05:33:11 PDT
The recent cyberattack on Colonial Pipeline combined with a pandemic-recovering economy have hit the trucking industry, which plays a crucial role in consumer spending.
Police in New York City and other large metro areas are bulking up patrols and implementing new tactics to prepare for what they say could be a violent summer as Covid-19 restrictions ease, gun purchases have risen and the weather heats up.
Regime changes usually take a while to fully register among investors. The big talking point in markets at the moment surrounds the potential return of a more troublesome level of consumer price inflation and what protective action investors should take.
In joint research by the global public health and employment bodies, they estimated there were 745,000 deaths from stroke and ischemic heart disease in 2016, marking a 29% increase since 2000.
Dow Futures Fall 150 + Points Hint at More Selling After Wall Street’s Worst Week Since FebruaryMay 17, 2021 - 05:21:00 PDT
Wall Street came off one of the wildest weeks of 2021 amid heightened inflation fears.
Governments Are Deploying 'Wartime-like' Efforts to Win the Global Semiconductor RaceMay 17, 2021 - 05:19:25 PDT
The reasons for the ongoing global chip shortage, which is set to last into 2022 and possibly 2023, are complex and multifaceted.
U.S. Treasury fell on Monday morning, with investor focus turning to minutes from the Federal Reserve's last meeting, due out later in the week.
There is a major battle that will take place in the silver market, which will push the price to new all-time highs. This battle will be based on what I call a "Four-pronged Attack." It's not just physical silver bullion buyers that will win the battle, but also due to three other important components...
After shorting Bitcoin, we have also decided to go short Ethereum. Our order got filled and we are already looking at some healthy profits. In this vide update we revisit some of the trades we've announced in last week's market commentary. Today, we dive deeper into the logic of our trading system and why we believe that our trades will play out very favorably in the near future.
The Fed weakens the dollar—and pushes prices higher—by creating new money and pushing it out into the economy. If the Fed hits its stated target, the U.S. dollar will lose 10% of its buying power over the next 5 years, 26% over the next 15, and 40% over the next 25. As bad as that sounds, history suggests the dollar will fare even worse than the Fed intends it to.
Barrick Gold massively increased the amount of ore it processes to produce the same amount of gold it did twenty years ago. This is a major factor that has pushed the price of gold to new highs over the past two decades. While many precious metals analysts focus on price charts, they tend to overlook...
Back in December, Saxo Bank's Steen Jakobsen predicted a massive boom in commodity prices was dead ahead. Not many others shared that view back then. But, boy, was he ever right. Commodity prices have exploded in the five months since that interview was recorded.
The hoard consists of 118 silver denarii coins and their fragments, depicting the Carolingian King/Emperors: Louis the Pious who ruled from AD 814 to 840, and Charles the Bald who ruled from AD 840 to 877.
The US Government Is On Track to Top Last Year's Record-Breaking DeficitsMay 14, 2021 - 13:19:06 PDT
The Treasury department has issued its spending and revenue report for April 2021, and it’s clear the US government is headed toward another record-breaking year for deficits.
Gold futures settled Friday at their highest since February, with prices for the most-active contract up roughly 0.4% for the week. “Investor concerns about sooner-than-expected policy tightening” from the Federal Reserve eased a little “given the dovish rhetoric from several FOMC members this week...
May 14, 2021 - 11:58:32 PDT
Knowing about inflationary dangers, however, will not suffice. The threat of a loss of purchasing power through monetization of government debt requires concrete action. For this reason, several months ago, I initiated a cross-party discussion group to examine monetary policy and its risks and explore the scope that exists for a return to normalcy.
May 14, 2021 - 11:40:49 PDT
Interest rates are zero and the Fed is still buying $120 billion of bonds each month, directly financing part of Washington’s "war economy" debt issuance. It is persisting even though the broad M3 money supply has grown at 24 percent over the last year. It is downplaying all evidence of pent-up inflation as "temporary." ...
Consumers May Be Expecting Higher Inflation, Posing Potential Trouble for the Fed: NYTMay 14, 2021 - 11:38:51 PDT
The University of Michigan’s gauge of consumer inflation expectations over a five-year period jumped, fuel for an ongoing inflation debate.
Stage Is Set For "Dramatically Higher Inflation" As Transportation Costs Spike Even HigherMay 14, 2021 - 11:33:41 PDT
The headlines last August and September blared: “Trans-Pacific rates are going crazy.” “Rates are on fire.” “Records shattered.” Oh, what cargo shippers would give to get the rates they paid eight or nine months ago. Those earlier records were repeatedly shattered. It just happened yet again.
A quantitative strategy with $400 billion in play is headed for its worst week since the pandemic hit after inflation fears rocked assets across the spectrum.A benchmark of risk parity, the systematic investment method pioneered by Ray Dalio, has dropped 3% in the past four days. The strategy, which seeks to spread risk by allocating to different assets...