Precious metals are apparently waking up. And here is where you can find the best deals.
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The Reserve Bank of Australia signaled it’s ready for a prolonged battle with bond traders betting on a reflation wave sweeping across the global economy.
Goldman Raises Outlook on Commodities, Forecasts 15% Return over Next 12 MonthsMar 2, 2021 - 06:49:32 PST
Goldman Sachs believes commodities will continue to perform over the next year as group benefits from strong fundamentals.
Wall Street stocks headed for a subdued start on Tuesday as investors paused to gauge if a jump in bond yields had run its course before dipping back into riskier assets.
Silver enjoyed a moment in the sun when the Reddit investors turned their attention to the white metal. Silver has since faded from the headlines but it remains an attractive investment option. As one portfolio manager put it, sub-30-dollar silver “is the most attractive macro-economic asset in the world.”For investors who want to go big and take advantage of what is effectively silver on sale, SchiffGold offers the 1,000-ounce silver bar.
Gold prices rose on Tuesday, within recovery attempts from a 9-month low hit earlier, to consolidate above the $1,700/ounce psychological threshold, but these recovery attempts are being curbed by rising US dollar and the high yield of US 10-year Treasury bonds.
Two senior Democratic lawmakers have warned the Federal Reserve and different US regulators that it might be a “grave error” to increase looser capital requirements that had been launched for US banks firstly of the pandemic.
The recent shock to the U.S. 30-Year mortgage rates has been meaningful pushing most lenders to raise their rate offerings above 3%.
A Major Chinese Bitcoin Mining Hub Is Shutting down Its Cryptocurrency OperationsMar 2, 2021 - 05:35:32 PST
Bitcoin mining consumes more energy per year than entire countries and China is looking to clean up its consumption.
COVID Relief Bill Won't Extend Eviction Ban Set to Expire This Month, Millions Could Lose HomesMar 2, 2021 - 05:26:31 PST
Advocates say it’s now up to President Joe Biden to extend the ban and avoid a spike in evictions.
Sen. Elizabeth Warren, Sen. Bernie Sanders and a slew of other Democrats proposed a 2% tax on wealth above $50 million and a 3% tax on wealth over $1 billion.
U.S. Is ‘Not Prepared to Defend or Compete in the a.I. Era,’ Says Group Chaired by Eric SchmidtMar 2, 2021 - 05:17:48 PST
The National Security Commission on AI believes that China could soon replace the U.S. as the world’s “AI superpower” and said there are serious military implications to consider.
How COVID-19 Caused a Global Shortage of Semiconductors and Computer ChipsMar 2, 2021 - 05:15:38 PST
To find a long-term fix, President Joe Biden just ordered economic and national security experts to look for gaps in the semiconductor supply chain in the United States. They want to see how reliant the U.S. has become on other countries to manufacture semiconductors.
Biden’s Team Says It Will Use ‘All Available Tools’ to Fight China’s Unfair Trade PracticesMar 2, 2021 - 05:13:22 PST
The Biden administration released a report outlining its trade agenda, including how it will address challenges posed by China.
While the Fed may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon.
The U.S. is recording at least 67,300 new Covid-19 cases and at least 2,010 virus-related deaths each day, based on a seven-day average of JHU data.
Gold and silver continue to struggle with significant selling pressure. Last Friday, gold dropped some $40 as bond yields rose yet again. There continues to be this expectation that rising inflation and economic growth are going to force the Fed's hand and cause it to pivot to tighter monetary policy sooner than expected. But in his podcast, Peter Schiff reminds us that inflation is not a threat to gold. And he says anybody betting against the yellow metal and on the dollar is going to lose.
As the sun sets on the global oil industry, more companies will hit the ENERGY CLIFF. With ExxonMobil's recent announcement that it has written off nearly one-third of its oil reserves, the company has joined Royal Dutch Shell in hitting the Energy Cliff. Of course, these major oil companies...
JP Morgan Continues To Drain Silver From The SLV ETF While Sprott PSLV ETF Inventories Surge HigherMarch 2, 2021
Make no mistake, what is taking place in the Silver Market will turn out to be a HISTORIC EVENT when investors shun "paper" silver for the real physical bullion. While the WallStreetSilver "Shortsqueeze" social media campaign will help get the word out on Silver, the real trouble will begin when just...
Gold Set for Fifth Straight Drop as Treasury Yields Resume Gains: BloombergMar 1, 2021 - 12:50:46 PST
Some analysts say bullion’s allure as a hedge against inflation could eventually help shore up demand.
The last few weeks have seen the short-end of the yield curve panic, pricing in more than 4 rate-hikes from Dec 2022 to Dec 2024...