Gold prices gained for a fourth straight session on Wednesday, propelled by a softer dollar, while hopes a U.S. stimulus package will be passed bolstered the metal’s appeal as an inflation hedge.
When the Federal Reserve last year laid out a new mantra for monetary policy, conditions in the US economy were so poor that the dovish shift was expected to guarantee ultra-easy money for years to come. But the likelihood of additional large-scale fiscal stimulus under President Joe Biden and a possible jump in inflation is now increasing pressure on the US central bank to signal how and when it might start dialling back its monetary support.
What has Mike Maloney been doing with his investments? What does he plan on doing moving forward? Join Mike Maloney & Jeff Clark in today's Insider Update to find out what has been happening behind the scenes. As a bonus - Mike and Jeff will be introducing you to our newest team member, you'll have to watch the video to find out who it is....you may know him already!
Global shares continued their euphoric ways, rising for the eighth day in a row, reaching record highs as market sentiment was improved by the prospect of U.S. fiscal stimulus and vaccine rollouts.
Maersk, the world's largest container shipping firm, marginally beat fourth-quarter profit expectations Wednesday after an "exceptional while challenging quarter."
Mortgage interest rates have increased in four of the first six weeks of 2021, putting a chill on mortgage demand.
A majority of small business owners support the $1.9 trillion Covid relief package being pursued by President Joe Biden, according to a CNBC survey.
There's been a jump in worker mental health issues in the last 12 months, according to a report. Companies large and small are starting to offer help.
Chancellor Angela Merkel is set to announce Germany will extend its lockdown until March 14 amid concerns over new strains of the coronavirus.
The U.S. needs to vaccinate between 70% and 85% of the population quickly — before new mutations take hold and reduce the effectiveness of current vaccines.
So, what's wrong with stimulus, money printing, trade deficits, and the minimum wage? Peter Schiff appeared on Meet Kevin to tackle these questions and more.
After the large spike higher soon after the opening bell, we decided to go short again Freeport-McMoRan (FCX). We covered our previous short of FCX at $29.65, a $1 below our entry, due to a rising broader market and copper price. However, we believe there will be a short-term correction in the markets...
With investment demand for Silver Eagles continuing to be very strong, the U.S. Mint sold nearly 7 million of the official coins in the first six weeks of the new year. Even Gold Eagles' sales hit a new record in January, pushing premiums up to $150+ for the one-ounce 2021...
Tesla recently announced their $1.5 billion investment in Bitcoin - but there was something else they mentioned that slipped under the radar. Join Mike Maloney and Jeff Clark as they discuss this stunning event, and what it may mean for gold and silver investors.
The 651 coins are about 2,100 years old, but despite their age, the text and imagery engraved on them is still legible, said Elif Özer, an archaeologist at Pamukkale University in Turkey who helped excavate the coin jug in Aizanoi, an ancient Greek city in Turkey's western Kütahya province.
Never mind that the US Treasury’s indictment late last year of Switzerland as a currency manipulator rested on some flawed evidence and does not identify the crime.
Upon his arrival in the New World, Hernan Cortes famously made history by burning his ships. The message to his sailors was clear: there can be no turning back. When the pandemic initially struck, public health officials prescribed “lockdowns.”...
The word “technocrat” is seldom used by the liberty crowd. It invokes the idea of a bureaucracy using technical experts to somehow make the right decisions on behalf of the entire nation and stands as the antithesis of a free society. Sadly, it captures the essence of central banking as well.
Note to Congress: stop doling out money to California until the state makes full use of the federal funds already available.