Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
I know everyone is tired of hearing about the virus. Some think it is overblown by the media, many want to focus on the positives, and others have had their lives upended and want to forget.
The stock market bubble is not about valuations but psychology. The two things that potentially pop it are inflation and interest rates which limit the Fed.
Top Stock MarkEts Spark More “Bubble” Chatter, with BofA Calling It the “Mother-of-All Asset BubblesFeb 19, 2021 - 09:16:56 PST
The torrent of cash sloshing around world markets due to the unprecedented stimulus measures in place to fuel economies coming out of the pandemic-led recession has fed into the euphoric rush to equities, particularly Big Tech.
"The 'need' for a central bank is due to economists inaccurately projecting onto historical banking systems their contemporary monetary-macroeconomic paradigms, not any fatal flaw in these systems. Neither theory nor history show we need a central bank to guarantee optimal economic performance."...
U.S. Treasury Secretary Janet Yellen on Thursday said that tax hikes would be needed to pay for at least part of a big infrastructure, climate and education investment package that President Joe Biden plans to introduce later this year.
State Attorneys General Call for President Biden to Forgive $50,000 in Student Loan DebtFeb 19, 2021 - 08:35:22 PST
A multi-state group of attorneys general on Friday sent a letter to Congress urging President Joe Biden to cancel up to $50,000 in federal student loan debt.
The 10-Year Treasury Yield Still Has Higher to Go Before It Threatens the Stock Market, StrategistsFeb 19, 2021 - 08:33:11 PST
PRO: Rising interest rates create tension within the stock market, as investors try to judge when rates will divert investment dollars from stocks into bonds.
Bitcoin Hits $1 Trillion in Market Value As Cryptocurrency Surge ContinuesFeb 19, 2021 - 08:30:18 PST
To be sure, not everyone on Wall Street has been convinced of bitcoin’s future prospects. Citadel Securities founder Ken Griffin said Friday that he was not interested in cryptocurrency, while researchers at JPMorgan have said bitcoin’s rally is unsustainable.
The list of suspects is long: systemic bias, special interests dominating politics, political polarization, globalization and the offshoring of productive capacity, over-regulation, the rise of rapacious cartels and monopolies, Big Tech's gulag of the mind, the permanent adolescence of consumerism, permanent global war, to name a few.
President Joe Biden will re-introduce himself and the U.S. to world leaders at a pair of international conferences on Friday, calling on industrialized democracies to partner in confronting the pandemic and climate change in a sharp departure from his predecessor’s foreign policy.
The country’s collective credit card debt fell by the largest amount in more than two decades last year — thanks largely to the government’s unprecedented aid during the pandemic.
“However, when fiat currency has negative real interest, only a fool wouldn’t look elsewhere,” Musk said in a tweet. “Bitcoin is almost as bs as fiat money. The key word is ‘almost’.”
The report says that China is conducting a review of its rare earth policy and looking into possibly banning the export of rare earth technology to countries or companies it deems as a threat to state security, citing a person familiar with the matter.
If you are a longtime follower of SchiffGold news, you may recall that back in 2016, a piano tuner in Shropshire England discovered 13 pounds of gold stashed inside a piano. At the time, I said the story should be filed under the category of "worst places to store your gold." I haven't changed my mind on that, by the way.Anyway, this week, there was a story about this find that updates some of the details.
In a local H.E.B. supermarket, empty shelves were seen Wednesday in the bottled water section. Bread and canned food were also in short supply as people tried their luck to stockpile in the shop that stayed open.
Gold: This 1,750+ area is important for the precious metal to maintain to keep the focus on the potential for an ongoing secular up-trend. From here, the most supportive development would be increasingly negative real interest rates, as inflation reading rise far faster than bond yields.
Industrial metal prices are powering to the highest in years on bets an economic recovery from the pandemic and worldwide push for cleaner, greener energy will unleash vast amounts of pent-up demand.From base-metal bellwethers to essential inputs for batteries and home electronics...
The sell-off in bonds has resumed and money is flowing back into stocks and also gold – as the precious metal maintains its new status as a risk asset...
We are sure this is all just "transitory" and Mr.Powell will brush it off as nothing...
The Fed --whom Yellen knows well!-- have just pledged to keep rates on hold for many years too. So assuming we got full employment via 500K payrolls every month this year and next, the Fed apparently still wouldn’t raise rates for some years afterwards anyway(?)