Precious metals are apparently waking up. And here is where you can find the best deals.
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Precious metals news
May 10, 2021 - 09:55:55 PDT
Expanded federal unemployment benefits that were implemented during last year’s pandemic relief efforts are ending earlier than scheduled ...
Montana governor Greg Gianforte has had enough of President Joe Biden’s covid relief bills. Instead of paying people to stay unemployed, he’s giving them a bonus for finding work. After scrapping what he called the “impractical government mandates” ...
First-Ever Population Decline Meets Biggest Home Construction Boom since 2008May 10, 2021 - 09:52:04 PDT
The state lost 182,000 people in 2020, but added 100,000 homes, for 270,000 people. Los Angeles lost 52,000 people, added 18,000 homes. San Francisco lost 14,800 people, added 4,000 homes.
Biden Comments on the Jobs Report and Gets the Key Message Wrong
At long last, the moment you've been hoping for has arrived: you're pitching your screenplay to a producer. Your agent is cautious but you're confident nobody else has concocted a story as outlandish as yours. Your agent gives you the nod and you're off and running:
Americans' expectations for inflation over the next few years hit its highest level in nearly a decade, amid fears of rising rents and home prices.
Fed's Evans Says Employment and Inflation Need to Pick Up Before Policy ChangesMay 10, 2021 - 09:06:14 PDT
Chicago Fed President Charles Evans said he wouldn't mind seeing inflation run around 2.5% for some time.
Infrastructure Plan Should Cost up to $800 Billion, McConnell Says Ahead of Biden MeetingMay 10, 2021 - 08:59:03 PDT
Biden has backed $2.3 trillion in infrastructure spending, and Democrats and Republicans have disagreed on what constitutes infrastructure and how they should pay for it.
Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to give his reaction to the lackluster April jobs report.
One-Year Ahead Expected Inflation Jumps to 3.4%, Highest Since 2013; WSJMay 10, 2021 - 08:55:59 PDT
Americans’ expectations of future price increases jumped higher again in April, according to new data from the Federal Reserve Bank of New York.
Cryptocurrencies are now worth more than all of the US currency currently in circulation. This is a significant milestone — but could indicate a bubble.
Corn has been one of the sharpest risers in the broad rally in raw materials that is prompting companies to boost prices for goods and fueling concern among investors that inflation could hobble the economic recovery.
Everywhere you look, there are headlines about higher prices.
The US Money Supply, Broadly Measured by Divisia M4, Has Exploded: Steve HankeMay 10, 2021 - 08:35:23 PDT
The US money supply, broadly measured by Divisia M4, has exploded, reaching rates of growth not seen since 1943. Now it’s growing at 24%/yr. This has set off a speculative mania & an economic boom. Inflation will follow. In 2022-23, inflation will be at least 4%-5%/yr.
What Happens to Stocks and Cryptocurrencies When the Fed Stops Raining Money?; WSJMay 10, 2021 - 08:34:12 PDT
Stocks are in a frenzy. Cryptocurrencies now equal the value of U.S. dollars in circulation. Real estate is booming. And the Federal Reserve is still pumping stimulus into the economy.
Silver's close Friday triggered a volatility based buy signal on a system derived from an old momentum indicator combined with proprietary volatility signals called VBS. Simply put, if Silver futures do not settle below $27.29 during the week, a multi week move higher is on the table as very possible.
Central banks globally added a net 79.5 tons of gold to their reserves in March, led by a major purchase by Hungary, according to the latest data compiled by the World Gold Council.
Gold prices on Monday hovered close to a near three-month high hit last week after weaker-than-expected U.S. jobs data cemented hopes that interest rates will stay low for some time, pressuring the dollar and boosting bullion's appeal. FUNDAMENTALS * Spot gold was up 0.1%...
May 10, 2021 - 05:57:21 PDT
Industrial demand for precious metal is expected to rise as part of the transition to greener energy...
A year into the red-hot bull run in industrial metals that’s lifted copper to record highs, investors are still piling in, staking billions of dollars that it won’t run out of steam any time soon.