Precious metals are apparently waking up. And here is where you can find the best deals.
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Tech’s uninspired start to earnings season has investors dumping billions before the sector’s heavyweights report next week. The $161 billion Invest QQQ Trust Series 1 exchange-traded fund (ticker QQQ) has bled nearly $6 billion over the past five days in its worst stretch since the dot-com era of 2000,...
Global Silver Demand Poised to Rise This Year; Prices Could Jump More Than 30%: MWApr 23, 2021 - 08:27:11 PDT
On a more positive note, however, the World Silver Survey shows expectations for a rise in total silver demand in 2021 of 15% to 1.03 billion ounces, with a 26% increase in physical investment to 252.8 million ounces.
Solar and wind energy could replace fossil fuels entirely to become the world's power source by 2050, a new report has claimed.
I learned something today. Did you know silver is considered a hazardous waste?So, I'm just going to say upfront that if you have some silver to dispose of, I'll be happy to take it off your hands.
Watch Live: Yellen Urges US Allies To Spend More On Green 'Infrastructure'Apr 23, 2021 - 07:31:55 PDT
Two days ago, Treasury Secretary Yellen laid out what CNBC described as a "bold climate agenda", making clear what many have long suspected: That under Biden, Yellen will openly collaborate with her former No.2, Fed Chairman Jerome Powell, to realize the MMT-enabled vision laid out in AOC's 'Green New Deal'.
After rising to a daily high of $1,795 earlier in the day, the (Gold) XAU/USD pair made a sharp U-tun and was last seen losing 0.3% on a daily basis at $1,77
‘Black Swan’ Author Calls Bitcoin a 'Gimmick' and a 'Game,' Says It Resembles a Ponzi SchemeApr 23, 2021 - 07:18:10 PDT
"Black Swan" author Nassim Taleb told CNBC there is "absolutely no reason" bitcoin is linked to economic conditions, adding it's also a bad currency.
Turkish Crypto Exchange Boss Goes Missing, Reportedly Taking $2 Billion of Investors' Funds with HimApr 23, 2021 - 07:16:42 PDT
A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that their funds have been stolen.
"Top Cap Gains Rate Will Be 26%-30%": Why Angst Over Biden's Capital Gains Is OverdoneApr 23, 2021 - 07:13:02 PDT
And so, in light of these optimistic views that Biden's cap gains plan will only pass in a sharply truncated format, it is probably not a surprise that risk is solidly bid this morning, with spoos jumping at the open.
Thanks to the base effect, this means new home sales are up a stunning 66.8% from last March's lockdown lows...
US Manufacturing, Services PMIs Surge To Record Highs Amid "Unprecedented Supply Chain Disruptions"Apr 23, 2021 - 07:01:47 PDT
Despite sagging 'hard' data, 'soft' surveys of US Manufacturing and Services sectors have been resurgent amid stimulus hype, vaccination success, and some reopenings. After new cycle highs in March, preliminary April data was expected to surge even higher... and they did.
There's been some chatter in the financial media about the decline of the gold market. Gold is a relic of the past and crypto will replace it as the go-to safe haven and inflation hedge, according to some. But as host Mike Maharrey explains in this episode of the Friday Gold Wrap podcast, the demise of the gold market is greatly exaggerated. A lot of people still want gold. Mike also touches on the national debt in this episode. It's even worse than most people think.
Looking at the silver market over the past 50 years reveals some very clear tendencies. Tendencies so strong, in fact, that we can reasonably predict what’s ahead for the price. Here are five realities about silver that, based on history, point to what’s coming for one of our favorite monetary metals…
Gold Set for Third Straight Weekly Gain as U.S. Yields, Dollar Pull BackApr 23, 2021 - 05:56:25 PDT
Gold gained on Friday and was poised for a third straight weekly rise as a softer U.S. dollar, falling Treasury yields and a dip in equities after U.S. President Joe Biden's proposal to hike capital gains tax encouraged investors to flock towards bullion.
Funds that hold inflation-protected bonds are enjoying their longest streak of inflows in more than a decade, as investors gird themselves for an increase in consumer prices as the US economy recovers.
The Bank of Canada sent out a warning to investors this week that inflation still matters. In a surprise move, it accelerated the timetable for a possible interest-rate increase and began paring back its bond purchases on Wednesday.
Investors best be on the lookout for a sharp growth slowdown later this year, Goldman Sachs warns.
To fix that shortfall, experts generally expect some changes. Benefit cuts are among the possibilities, as well as potential payroll tax increases, or a combination of both.
Still, after the worst quarterly rout for the $21.4 trillion Treasury market since 1980, it’s hard to resist getting at least somewhat excited about momentum swinging the other way. The question that seems to be on every trader’s mind: Just how long can this possibly last?
It’s fair to say that $12.3 trillion of stimulus seems to have killed off the U.S. credit default cycle. Almost all fear of bankruptcy has been obliterated from debt markets even though the global economy is still struggling under the worst health crisis in a century.