Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
$15 Minimum Wage Will Result in Layoffs, One-Third of Small Business Owners SayFeb 10, 2021 - 10:38:50 PST
A third of small business owners anticipate layoffs if Congress increases the federal minimum wage to $15, according to a new CNBC Survey.
U.S. Could Catch Japan’s Economic Malaise If the Fed & Other Officials Don’t Heed the Warnings: MWFeb 10, 2021 - 10:11:39 PST
Note the striking parallels between the U.S. of today and Japan before it entered its lost decades.
Poorer Countries Copied America’s Money-Printing Spree—And Are Paying the PriceFeb 10, 2021 - 10:06:17 PST
The Federal Reserve and other powerful central banks have viewed a curiously long bout of low inflation as proof that stimulating the economy through unconventional money-printing measures can ease the pain of downturns. Those tactics traditionally were considered off-limits to less developed economies with unstable politics and weaker currencies.
Feb 10, 2021 - 09:54:19 PST
Europe’s battered banks, reporting their toughest year in a decade, are signaling that the worst of the pandemic’s damage has passed.
Savers in Asia-Pacific More Likely to Trust Robots than Humans to Manage Their MoneyFeb 10, 2021 - 09:42:41 PST
More than 76% of consumers in Asia-Pacific say they would trust a robot more than a personal financial advisor to manage their finances, according to a study by Oracle.
The New York Stock Exchange may leave New York State if Albany imposes a transfer tax on stock sales, the president of the Intercontinental Exchange-owned exchange operator said on Tuesday in an op…
Biden Stimulus To Shower State And Local Govts With $350 Billion In Aid, Make Changes To MedicaidFeb 10, 2021 - 09:13:37 PST
"Democrats’ plan to bail out locked-down, poorly managed liberal states is unfair to American taxpayers and is ripe for waste, fraud, and abuse," said the committee's top Republican, James Comer of Kentucky.
House Panel Advances $15 Minimum Wage As Democrats Try to Include It in COVID Relief BillFeb 10, 2021 - 09:07:53 PST
A House committee advanced a $15 per hour minimum wage, but Democrats aren't sure if it will make it into their final coronavirus relief bill.
Four More Reasons to Worry About U.S. Inflation - Bill Dudley: BloombergFeb 10, 2021 - 07:46:38 PST
One of the big questions looming over the U.S. economy is how soon the recovery from the coronavirus slump will start to generate inflation. In a recent column, I offered five reasons to be worried about the risk of an unpleasant surprise, in which inflation returns faster than people expect.
The job of the Federal Reserve, the central financial institution’s former chair Invoice Martin as soon as stated, is to remove the punchbowl simply because the celebration is getting began. With the prospect of a fast financial bounce back within the US within the latter half of 2021 because of the mix of vaccines and financial...
Large U.S. lenders saw their loan books shrink in 2020 for the first time in more than a decade, according to an analysis of Federal Reserve data by Jason Goldberg, a banking analyst at Barclays. The 0.5% drop was just the second decline in 28 years.
The corporate world’s zeal for selling long-dated debt is hitting bondholders as long-feared interest rate risks finally break out.Bonds with at least 10 years left to maturity have produced losses of around 3.2%, the worst start to a year since 2018 and more than twice the broader credit market’s decline...
China’s producer prices gained for the first time in a year in January while core consumer prices posted the first decline in a more than a decade, highlighting the economy’s unbalanced recovery. Rising commodity costs drove up producer price inflation to 0.3% last month...
One year after Sweden’s corporate bond market suffered its worst crisis ever, buyers and sellers have roared back to life, with the riskiest debt now enjoying a boom fed in part by central bank cash.“Not only are there more issues, but the book sizes are significantly larger,...
Unusual First-Day Rallies in SPACs Raise Bubble Concern: ‘Every Single One of Them Has Gone Up’Feb 10, 2021 - 06:56:46 PST
New SPAC deals this year recorded an average jump of 6.5% on their debuts, a nearly six-fold increase from their historical levels.
Daylight Robbery Review: How Taxation Shaped Our Past and Will Change the FutureFeb 10, 2021 - 06:47:14 PST
In Daylight Robbery, Dominic Frisby takes you on a whirlwind journey through the history of taxation, from ancient Mesopotamia to the present day.
The Federal Reserve may be forced to tighten monetary policy shortly, all the while they are easing policy on a massive scale.
Dollar & Bond Yields Tumble As Core CPI Disappoints, Rent Inflation At 10-Year LowsFeb 10, 2021 - 05:53:11 PST
US Consumer Prices were expected to rise for the 8th straight month in January and it did rising 0.3% MoM as expected, leaving year-over-year prices rising at 1.4%...
Feb 10, 2021 - 05:48:49 PST
Topping the list in terms of performance following the March 2020 collapse, we find metals such as silver (XAGUSD) given its dual usage as an investment and industrial metal, where especially the photovoltaic (PV) market is expected to be strong as many countries embark on renewable energy projects.
Silver got a brief boost when the Reddit Raiders turned their attention to the white metal. The online investors weren't able to pull off a short-squeeze in the silver market, but we've said all along that there are fundamental reasons to be bullish on silver, the attention of Reddit Raiders notwithstanding.New demand projections for silver in 2021 bear this out. Silver demand is expected to rise 11% this year and reach 1.025 billion ounces, according to the Silver Institute's forecast.