Precious metals are apparently waking up. And here is where you can find the best deals.
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World shares inched higher while U.S. bond yields hovered near a 13-month peak on Monday on bets economic growth would accelerate even though investors became wary of the Federal Reserve and other key central bank meetings in the days ahead.
Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates. After an unprecedented period of rate cuts to prop up economies shattered by Covid-19, Brazil is expected to raise rates this week and Nigeria and South Africa could follow soon, according to Bloomberg Economics.
A strong recovery from the Covid-19 recession is likely to prompt Federal Reserve Chair Jerome Powell and his colleagues to lift interest rates in 2023, but that isn’t going to show up in their forecasts this week, a survey showed. Economists surveyed by Bloomberg News see two quarter-point hikes in 2023. But they also expect the U.S. central bank’s own forecast...
The European Central Bank’s faster pace of emergency bond buying to rein in bond yields is a temporary strategy that will only last until the economy is stronger, Governing Council member Martins Kazaks said.“If the economy performs better, it could be possible to provide less support,” Kazaks said in an interview on Friday.
Treasury Secretary Janet Yellen said U.S. inflation risks remain subdued as the Biden administration pumps $1.9 trillion in pandemic relief into the economy and a return to full employment comes into view.“Is there a risk of inflation? I think there’s a small risk and I think it’s manageable,” Yellen said on ABC’s “This Week” on Sunday.
China Becomes First Major Economy to Start Withdrawing Pandemic Stimulus Efforts: WSJMar 15, 2021 - 05:35:55 PDT
As its economy rebounds, Beijing begins a delicate process that will influence the domestic and global recoveries.
The Federal Reserve convenes for its policy meeting this week at a pivotal point for the US economic recovery, prompting speculation about its plans to manage a rise in borrowing costs.
Selling in government bonds picked up steam, pushing yields back toward recent highs and putting an end to several sessions of relative stability.
A digital artwork by Beeple set auction records Thursday when it sold at Christie’s for a mind-bending $69 million. Twitter Inc. co-founder Jack Dorsey is auctioning the non-fungible token for the first tweet ever, “just setting up my twttr,” with the highest bid coming in at $2.5 million, so far. LeBron James highlights are fetching six figures.If you were somehow ...
Biden Plans Biggest Federal Tax Hike Since 1993 To Fund Infrastructure, Climate InitiativesMar 15, 2021 - 05:18:40 PDT
Bloomberg is out with a chilling report alerting Americans to the inevitable reality that President Biden is about to switch gears from spending to fundraising.
IRS Started Processing Stimulus Checks Friday, Money Begins Arriving in AccountsMar 15, 2021 - 05:12:05 PDT
IRS officials told reporters that the service on Friday began processing stimulus checks, which could arrive in bank accounts this weekend.
The Fed Could Be a Catalyst for Bonds, and That Could Drive Growth Stocks in Week AheadMar 15, 2021 - 05:08:05 PDT
Bonds could be volatile in the week ahead. If yields go higher, that could make it difficult for big tech and other growth stocks to gain traction.
U.S. Treasury yields fell slightly on Monday morning, but the 10-year held above the 1.6% mark, ahead of the Federal Reserve meeting later this week.
As trends in the U.S. improve compared to the winter surge, Europe is now facing a new wave of infections
Why does JP Morgan's SLV ETF continue to bleed silver?? I discuss this and many other topics with Tom at Palisades Radio. Also, will the continued "Shortsqueeze campaign" bring in more investors and higher prices?? It could. However, even if it doesn't the mid to long-term fundamentals for silver...
U.S. SCOURS THE WORLD FOR SILVER: Record Number Of Countries Exported Metal During December 2020March 14, 2021
With the world's economic and financial system heading to hell in a handbasket, more investors are waking up to the SILVER STORY. Evidence of the "Great Silver Awakening" occurred last year as total global silver investment surpassed industrial demand for the first time ever...
Join Mike Maloney, Adam Taggart and Jeff Clark as they dissect the biggest news stories of the week.
This is a Trade Update for our ongoing ExxonMobil short position as well as the oil price. The oil price on the quarterly chart has bounced off a long-term trendline, which may suggest a correction is ahead. Thus, a correction in the oil price will also impact the XLE Energy Sector ETF and ExxonMobil...
I predict gold will ultimately go to $15,000 an ounce. Commissions are nothing when you look at the big picture. The buying panic is just a matter of time.
About 1,600 years ago, a woman in eastern Bohemia (now the Czech Republic) was buried with a treasure trove of precious objects, including a headdress and four silver buckles that were inlaid with gold and studded with semiprecious stones.