Precious metals are apparently waking up. And here is where you can find the best deals.
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Two months ago we published our much talked about Outrageous Predictions for 2021 and asked you to vote for the one that you thought was most likely to happen. The results are in and we can reveal that "Sun shines on silver, which sizzles on solar panel demand" was chosen by our readers as the winner.
Silver Will Outshine Gold As Demand Hits 8-Year High in 2021 – Silver InstituteFeb 11, 2021 - 13:11:46 PST
Global demand for silver will rise to 1.025 billion ounces in 2021, its highest in eight years, as investors and industry ramp up purchases, the Silver Institute said on Wednesday, predicting that prices would rise.
Feb 11, 2021 - 13:09:28 PST
In this no holds barred exclusive interview with our Daniela Cambone, Keith Neumeyer, CEO of silver miner First Majestic ($AG), speaks out for the first time since the silver squeeze.
MMT – Modern Monetary Theory –or– Magic Money Tree? - Miller on the MoneyFeb 11, 2021 - 12:55:18 PST
The politicos are hawking Modern Monetary Theory (MMT) to finance their reckless spending. Investopedia explains...
“…a series of equal and opposite reactions are occurring as nations move to remove the role of the U.S. dollar at the center of global trade and finance. This will have long-lasting structural impact in ending the dominance of the dollar as the world’s reserve currency.”
Feb 11, 2021 - 12:41:41 PST
"If the burden of interest payments increases, will Congress make the difficult decisions required to reduce federal spending? What contingency plan do Yellen and Powell have in their back pocket if the dollar suffers a speculative attack owing to an unsound fiscal position? Yellen was right:...
Feb 11, 2021 - 12:18:05 PST
We will continue to increase our holdings of Treasury securities and agency mortgage-backed securities by $80 billion and $40 billion per month, respectively, until substantial further progress has been made toward our maximum-employment and price-stability goals.
Deficit projected at $2.3 trillion for 2021, not counting additional stimulus: CBOFeb 11, 2021 - 12:13:38 PST
The federal budget deficit is projected at $2.3 trillion in the 2021 fiscal year, a drop from last year but well ahead of anything the U.S. has ever seen.
For most of the past four decades, the Federal Reserve has comported itself as a corroborating witness for deficit hawks on Capitol Hill, and a security system for anti-inflation paranoiacs on Wall Street.
Powell Just Said US Economy Has To Add 500,000 Workers Every Month Or He Won't HikeFeb 11, 2021 - 12:08:23 PST
Did Powell give everyone the green light to just keep buying stocks for the next two years?
Biden Warns China Is Going to ‘Eat Our Lunch’ If U.S. Doesn’t Get Moving On InfrastructureFeb 11, 2021 - 10:48:19 PST
President Joe Biden warned lawmakers Thursday that China was aggressively outpacing the United States on infrastructure.
The UK government's pension liabilities have risen 22 per cent in three years, raising questions about the sustainability of public pension schemes.
Amsterdam has displaced London as Europe's biggest share trading centre after Britain left the European Union's single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday.
"I see the promise of these new technologies, but I also see the reality: cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism," Yellen said.
The Bank of Japan has surpassed the country's Government Pension Investment Fund as the largest holder of Japanese equities for the first time.
In January, China created a staggering, record 3.58 trillion in new yuan loans, a number which easily surpassed the previous record of 3.340 trillion set last January.
The latest Covid relief bill from House Democrats unveiled this week ends federal aid a month before President Biden's initial plan. Here's what's at stake.
Pelosi Expects COVID Relief Will Be Signed into Law Before Unemployment Programs ExpireFeb 11, 2021 - 10:07:02 PST
Democrats are crafting their $1.9 trillion coronavirus relief plan, and the House hopes to pass it by the end of the month, Nancy Pelosi said.
Feb 11, 2021 - 09:55:56 PST
The vast majority of Americans have never heard of the Treasury’s Exchange Stabilization Fund but it’s been around since 1934. It was created during the Great Depression to stabilize the dollar by engaging in foreign exchange interventions. That mandate morphed significantly from that point forward.