Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
The White House said it was evaluating its next steps toward China after testy talks in Alaska last week between key U.S. and Chinese officials and sanctions over alleged abuses in Xinjiang announced earlier on Monday.
Fed's Powell Says Delayed Stimulus Payments Present Short-Term ChallengesMar 22, 2021 - 10:31:00 PDT
Federal Reserve Chairman Jerome Powell said Monday the coronavirus pandemic exposed weaknesses in the global payment system, including the delays in stimulus check deliveries to millions of Americans.
Richmond Federal Reserve President Thomas Barkin on Monday said he doesn't believe the U.S. economy is anywhere near the bar the central bank set before it will begin to even consider pulling back on its bond-buying program.
Fed’s Powell Says Bitcoin Is More of a Substitute for Gold Than the DollarMar 22, 2021 - 10:15:46 PDT
Bitcoin is lacking key ingredients that would make it a useful currency, and as a result, is essentially more of a substitute for gold than the dollar, Federal Reserve Chairman Jerome Powell said Monday.
While the Fed pushed rates lower through monetary policy, they forced investors to take on excess risk just to generate a return on their money.
Mar 22, 2021 - 09:52:53 PDT
You can’t go ten minutes on financial media these days without coming across a reference to inflation. That is, consumer price inflation to be more exact – the measurement of changes in the prices of consumer goods and services that the entire world has been hoodwinked by central banks into thinking is the definition of inflation.
Mar 22, 2021 - 09:51:11 PDT
Free people and free markets reduced poverty in the past and are capable of doing so again.
Those checks began processing on Friday and may be available in some people's accounts even earlier, according to the Treasury Department and IRS.
Powell Calls Cryptocurrencies 'Not Really Useful Stores of Value' and Says Fed Will Move SlowlyMar 22, 2021 - 09:38:12 PDT
Powell said Monday that cryptocurrencies remain an unstable store of value and the central bank is no hurry to introduce a competitor.
Sales of existing homes declined 6.6% in February. The NAR blames a lack of inventory.
First Signs that Surging Mortgage Rates Are Dialing Down the Heat under the Housing MarketMar 22, 2021 - 08:30:26 PDT
The Fed smiles upon rising long-term Treasury yields as sign of economic growth and rising inflation expectations.
The ritual has become as old and stale as it has become predictable: A central bank promises to continue the free money spigot and market participants pile into risk assets as we witnessed again wi…
Mar 22, 2021 - 08:20:38 PDT
Americans are ready to spend. But companies underestimated demand, US shipping ports are congested, and the Texas freeze sidelined production.
Gold price’s slump to near a nine-month low is drawing jewelry shoppers in Asia to hunt for bargains.After a year of demand being in the doldrums, retailers are buying more of the precious metal to cater to people like Seema B, a 35-year-old housewife who ventured to Mumbai’s Zaveri Bazaar to get new bangles after months of putting it off. “
Mar 22, 2021 - 08:16:22 PDT
The Buffett Indicator is a ratio used by investors to gauge whether the market is undervalued, fair valued, or overvalued. The ratio is measured by dividing the collective value of a country’…
Markets are a sea of red, while the Treasury curve continues to steepen. The Fed continues to print money despite historic low money velocity. Aka, walking dead … money. Yes, this is the Walk…
There is no positive benefit to compounding interest rates below the rate of inflation. My last letter explained how official government inflation measurements are low in part because our benchmarks distort some important costs like housing. Today I’ll show how the same applies in healthcare.
Don't listen to central bankers, watch what they do. What they're doing is fomenting the very financial crisis they are supposed to prevent.
Mar.19 -- Mohamed El-Erian, a Bloomberg Opinion columnist, discusses Federal Reserve monetary policy, the selloff in Treasuries and the outlook for emerging markets with Bloomberg's Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
When governments around face economic problems… stagnation, recession, a sudden crisis, or even a simple period of lower-than-expected growth… they all are conditioned to use the same solution: deficit spend or issue new trillions in “thin air” currency.How many times can governments paper over problems?