Precious metals are apparently waking up. And here is where you can find the best deals.
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Chinese carrier drills and stepped-up incursions into Taiwan's air defence zone in recent weeks are meant to send a message to Washington to stand down and back off, security sources in Taipei say.
Foreign Selling In Treasuries in February Hits Highest Since December 2018Apr 16, 2021 - 05:37:30 PDT
Foreign outflows in Treasuries hit their highest in more than two years in February, according to data from the U.S. Treasury released on Thursday, as investors sold government debt on expectations that yields would go higher as the economy emerged from the pandemic.
Dow futures rose modestly Friday, a day after the 30-stock average gained nearly 1% and closed above 34,000 for the first time ever. The S&P 500 increased 1.1% to another record close. The Nasdaq had the best day, jumping 1.3% and finishing 0.4% away from its February closing record. Tech stocks rallied Thursday as the 10-year Treasury yield slipped below 1.6%. (CNBC)
China Says Its Economy Grew 18.3% In the First Quarter, Slightly Missing ExpectationsApr 16, 2021 - 05:31:58 PDT
Analysts expected first quarter GDP to increase 19% from a year ago, when the economy shrank by 6.8% during the height of the domestic outbreak of Covid-19.
U.S. Treasury yields rebounded on Friday morning, with the 10-year rate having fallen to 1.53% in the previous session.
He also said it’s possible people will need to get vaccinated against the coronavirus annually.
COVID Infection Rate Is Approaching the Highest Level So Far, Who Chief SaidApr 16, 2021 - 05:15:13 PDT
Tedros said the United Nations health agency would continue to assess the evolution of the coronavirus crisis and "adjust advice accordingly."
The other day a friend of mine asked me, tacos or burritos?My response: why not both?
CPI came in even hotter than expected signaling rising inflation. The US government is running a massive record budget deficit. But we're told these things aren't a problem. Budget deficits don't really matter. Inflation is transitory. But how can we be so sure? On this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about it.
After the precious metals have enjoyed a nice rally the past several weeks and are now hitting important technical levels, interestingly, silver continues to outperform gold due to both the ongoing ShortSqueeze campaign and broader markets hitting new highs. It seems as if the Dow Jones and S&P 500...
What is true democracy? How we can help change society to be fairer and more conducive to the creation of prosperity? How can we bypass the censorship of mainstream media? Why is it so important to build not just your own independence - but that of your community?
Gold scaled a more than one-month peak on Thursday as U.S. Treasury yields slipped despite better-than-expected U.S. economic data, pushing investors to bullion as a refuge against possible inflation ahead.
The double bottom in March looks complete, and we expect a multi-month advance and retest of the $2000 level by August.
Geopolitics: A term almost forgotten in the gold market over the past pandemic year made a dramatic comeback Thursday as sweeping U.S. sanctions on Russia triggered demand for the yellow metal from those seeking a hedge to the growing crisis between the two world powers.
Apr 15, 2021 - 11:36:46 PDT
Louis Gave, founding partner and CEO of @GavekalResearch, tells DoubleLine’s Jeffrey Sherman and Samuel Lau that the price shifts of three key assets is not a “dead-cat bounce” but “the start of a new trend” in markets that will require investors to make fundamental changes in portfolio allocations if they are to succeed.
Einhorn: Right Now, We Remain Positioned for Rising Inflation and Inflation ExpectationsApr 15, 2021 - 11:26:58 PDT
"From a traditional perspective, the market is fractured and possibly in the process of breaking completely."
Apr 15, 2021 - 11:20:37 PDT
FED’S DALY: FED’S LENDER OF LAST RESORT ROLE CREATES POTENTIAL FINANCIAL RISKS; LOW RATES CAUSING MORE RISK-TAKING #federalreserve #financialmarkets #banking #interestrates
The Federal Reserve is seeing both labor and material shortages mounting across several sectors of the U.S. economy, which may have consumers paying even more for everything from fuel to new homes.
So when it comes to inflation dynamics, the key metric to watch over the next several months will be wage rates for service workers, not the dramatic, but probably transitory, increases in prices for commodities such as lumber or copper. If we end up having an inflation problem sooner than we expect, it will probably start in the labor market.
Apr 15, 2021 - 10:18:45 PDT
In light of Seyhun’s findings noted above, this relative bearishness on the part of insiders in aggregate would seem to suggest that stock prices are likely to fall short of euphoric expectations over the next year or so. On top of that, the economy could begin to disappoint on a similar time frame, as well. Don’t say they didn’t warn you.