Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
U.S. consumer sentiment improved in early March by more than forecast, reaching a one-year high as more vaccinations and fiscal relief boosted optimism in the economic outlook. The University of Michigan’s preliminary sentiment index jumped to 83 from 76.8 in February, data released Friday showed.
New Covid-19 Unemployment Benefits to Keep Stimulus Flowing Through Summer: WSJMar 12, 2021 - 07:32:56 PST
Some economists see payments in the pandemic-relief package helping workers and the economy, while others say the payments may keep people from seeking jobs as recovery ramps up.
Benchmark German government bonds gave up most of the gains they made a day earlier, when the European Central Bank said it would accelerate the pace of its bond buying, with yields tracking U.S. Treasuries higher on Friday.
The European Central Bank’s promise to “significantly” boost the pace of bond purchases is threatening to turbo-charge a yield divergence with the U.S. that could drive money out of Europe, unless the Federal Reserve ramps up its commitment to ease policy next week.
Treasuries tumbled and inflation expectations lurched to a fresh seven-year high as traders took another tilt at pushing 10-year yields beyond the closely watched 1.6% level.
From a technical perspective, the line in the sand for Treasuries is best represented at the 10-year yield peak at 1.624%.
After January's record surge in producer prices, analysts expected February inflation to slow and it did, rising 0.5% MoM as expected. That sent the year-over-year change in producer prices to +2.8% - its highest since Oct 2018.
Stimulus, Inflation and More Inflation: SchiffGold Friday Gold Wrap Podcast March 12, 2021March 12, 2021
Do you feel stimulated? Congress got the deal done on a $1.9 trillion stimulus package this week. But the markets continue to behave as if there is no inflation threat with all this borrowing, spending and money printing. On this week's Friday Gold Wrap, host Mike Maharrey breaks down the stimulus bill. He tells you what's in it and who will pay for it. He also talks about rising prices the mainstream can't seem to find.
Gold Dips 1% as U.S. Dollar and Yields Regain Footing, Silver Heads for Biggest Weekly RiseMar 12, 2021 - 05:48:51 PST
* Silver heads for biggest weekly rise since mid-February * Platinum on track to post largest weekly gain in four weeks * Investors await U.S. Federal Reserve meeting next week (Updates prices) By Asha Sistla March 12 (Reuters) - Gold fell more than 1% on Friday after a...
House Price Inflation in CPI is of Course Complete Baloney, but it Accounts for 1/4 of Total CPIMar 12, 2021 - 05:46:59 PST
With actual house price inflation based on market data, overall CPI would have jumped by 3.7%. Lifting the cover on the deception to keep CPI low.
Jeffrey Gundlach, founder and chairman of Los Angeles-based DoubleLine Capital sees 3%-4% inflation by June. Let's discuss the setup.
An upstart contender to U.S. Treasuries has emerged in the wake of last month’s vicious debt rout. Chinese government bonds have defied the turbulence rocking peers from Australia to Europe, offering a port in the global reflation storm.
A 2% 10-Year Yield Could Knock 20% off Tech Stocks, Ned Davis Research Calculates: CNBC ProMar 12, 2021 - 05:25:05 PST
The Wall Street firm estimated that the Nasdaq 100 would drop another 20% if the 10-year Treasury yield hits 2%.
S&P 500 Futures Fall a Day after Benchmark Hits Record as 10-Year Yield JumpsMar 12, 2021 - 05:22:38 PST
Futures contracts tied to the major U.S. stock indexes traded lower early Friday as the 10-year yield jumped, rekindling fears that rising rates will take the comeback momentum out of equities, especially tech names.
Housing Market Stands at a Tipping Point, Consumer Confidence in the Housing Market Is FallingMar 12, 2021 - 05:11:31 PST
Home prices are overheated, mortgage rates are rising, the supply of homes for sale is anemic and consumer confidence in the housing market is falling.
More than 10 million people die every year from a problem that doesn’t receive the attention it should.
The U.S. is recording at least 53,700 new Covid-19 cases and at least 1,3 virus-related deaths each day, based on a seven-day average of JHU data.
BREAKING NEWS: Top Silver Mining Industry Average Yield Falls To The Lowest Level EverMarch 12, 2021
With the results finally out, the top Silver Mining Industry's average yield fell to the lowest level ever. While the pandemic shutdowns reduced overall silver production significantly, it didn't impact the ore grades all that much. Since 2005, the top seven silver mining companies and mines saw their average yield...
They’re Never Ever Going to Let the Equity Market (Go) Down” Never Gonna Tell a Lie and Hurt You!Mar 11, 2021 - 13:09:02 PST
The Fed doves doves all sing with one voice since 1998. They’re never ever going to let the equity market (go) down”!
When the government creates fake money out of thin air, isn’t that supposed to cause inflation? Why hasn’t it happened?