Precious metals are apparently waking up. And here is where you can find the best deals.
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Pockets of inflation are flickering across some parts of Asia and fading in others, impacting central banks’ scope to further support economies in a region that’s leading the recovery from the Covid-19 pandemic...
Australia Central Bank Expands QE by $76 Ben, Commits to Prolonged Easy RatesFeb 2, 2021 - 05:18:20 PST
Australia’s central bank held rates at near-zero in a widely expected decision on Tuesday but surprised markets by expanding its bond buying programme by another A$100 billion ($76.4 billion) to help strengthen the economic recovery.
The euro zone economy could have contracted almost 7% in 2020, but economists worry about a delay in the 2021 recovery amid new lockdowns and Covid variants.
The Reddit Raiders turned their eyes toward silver over the weekend. Interest in the white metal sparked a surge in retail demand and pushed the spot price of silver briefly over $29 an ounce. As Peter Schiff put it, the Reddit Riders were riding silver instead of piling into heavily shorted stocks.But how should we look at this recent run-up in silver? And where might it go from here? Peter talked about it in his podcast.
Feb 2, 2021 - 05:05:34 PST
Is Covid a one-off or the beginning of virus' that are mild for the larger population but that will play havoc among the elderly? Are ongoing shut downs and massive increases in debt the appropriate long term response to what is likely a long term problem? Hopefully food for thought.
Dr. Nahid Bhadelia explains why she anticipates another surge of Covid infections as the new variants of the virus appear across the U.S.
COVID Live Updates: Business Travel Spending May Not Recover Until 2025, Says Trade GroupFeb 2, 2021 - 05:03:39 PST
The U.S. is recording at least 146,000 new Covid-19 cases and at least 3,100 virus-related deaths each day, based on a seven-day average calculated by CNBC using Johns Hopkins University data.
Pfizer expects to sell about $15 billion in coronavirus vaccine doses this year, the company announced in releasing its fourth-quarter earnings Tuesday.
It has a turbulent few days for silver, join Mike Maloney as he covers the latest news in the ‘Silver Short Squeeze’ movement. Will the price be squeezed up? Or slammed Down? Don’t forget to watch til the end of the video to see if Mike chose one of your comments in the Viewer Feedback segment. Thanks for watching.
There continues to be a lot of rhetoric on the subject of gold and silver manipulation. After the large spike in the precious metals over the past few days due to the WallStreetBets and Reddit "Silversqueeze" Campaign, we have now witnessed the hangover. Thus, many precious investors believe the...
There continues to be a lot of rhetoric on the subject of gold and silver manipulation. After the large spike in the precious metals over the past few days due to the WallStreetBets and Reddit "Silversqueeze" Campaign, we have now witnessed the hangover. Thus, many precious investors believe the...
Feb 1, 2021 - 12:56:30 PST
Jeff Clark of GoldSilver.com joins our Daniela Cambone to talk about the red hot silver market. Clark explains that when re-openings pick up steam, consumer spending will rise. “The 7 billion people who are locked down will increase spending and push on CPI,” which he says will in turn drive silver prices higher.
The current short position in COMEX silver is mostly held by 8 major financial firms. We can only guess who they are because their identities are protected. According to the COT reports, the biggest 4 are short nearly 60 thousand contracts and the next 4 are short nearly 20 thousand contracts.
Forget gold, all the action’s in silver — that’s what I heard from everyone I called today for precious metals commentary.
The U.S. economy has a long way to go before it fully recovers and will need strong support from the Federal Reserve and the broader government to get there, Federal Reserve Bank of Minneapolis President Neel Kashkari said Monday.
‘Europe Is in a Deep Hole’: Recovery Set to Take Longer amid ‘Disappointing’ COVID Vaccine RolloutFeb 1, 2021 - 12:10:50 PST
Europe's economic recovery to take longer due to slow vaccine rollout, and potentially boosting the popularity of populist leaders.
CBO Sees Rapid Growth Recovery, Labor Force Returning to Pre-Pandemic Level by 2022Feb 1, 2021 - 12:02:07 PST
U.S. economic growth will recover "rapidly" and the labor market will return to full strength quicker than expected thanks to the vaccine rollout and a barrage of legislation enacted in 2020, according to a government forecast published Monday.
he silver options market, normally a quiet zone compared to gold or oil, has burst to life, roiled the most in years by the Reddit frenzy. Volume of Comex calls and puts Monday were more than four and a half times the previous year’s average. It’s not just that more is trading, it’s the direction of the bets.
While gold gets most of the headlines (for good reason), silver is often ignored. Silver is sometimes referred to as “poor man’s gold.” But it shouldn’t be ignored. Silver has a long history as a monetary metal. It also has many industrial applications that make it valuable.
Silver prices rally Monday to their highest intraday level since 2013, as a buying frenzy attributed to a post on Reddit last week suggesting a short squeeze...