Precious metals are apparently waking up. And here is where you can find the best deals.
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Insider Selling Is Alarmingly High and Small-Cap Stocks Are in the Crosshairs: MWFeb 1, 2021 - 10:49:57 PST
Corporate officers and directors are almost as bearish now as they were bullish at 2020's low.
In Silver, Redactors Find a Fit for Raging Against Establishment: BloombergFeb 1, 2021 - 10:19:58 PST
It seems a match made in heaven: Reddit’s rambunctious army of retail investors eager to take on the financial elites, and the world of silver “bugs,” hard-core metal bulls, many of whom have long argued the price was being suppressed by powerful forces.
The stock market has just been punctured by the thin blades of truth. It is fatally wounded but nobody dares notice. The wounds are barely visible, but the internal damage is mortal. The stock market is already stumbling and will soon crash.
The nutshell is this: the old line economy stocks just don’t work because they have earnings and eventually rising interest rates impact earnings. New economy stocks have no earnings, so investors don’t see a need to exit.
Gold-silver ratio falls to multi-year low (Recasts, adds comments, updates prices)...
Most economists hold that a growing economy requires a growing money stock on the grounds that growth gives rise to a greater demand for money that must be accommodated.
The unbacked paper money system is an economically and socially destructive system—with far-reaching and harmful economic and social consequences beyond what most people would imagine.
Our Nobility's assessment of risk and their war-gaming of vulnerabilities are fatally deficient.
Feb 1, 2021 - 09:14:37 PST
A group of 10 Republican senators unveiled a scaled-down $618 billion stimulus proposal that includes $1,000 stimulus checks.
Ken Griffin’s Citadel has once again found itself at the center of a WallStreetBets drama, this time over the firm’s holdings of silver.The precious metal has become a popular buying target for retail investors keen to inflict losses on hedge funds, after posts on WallStreetBets claimed the market was ripe for a short squeeze.
The Bank of England is preparing to take a significant step into the debate on whether negative interest rates should be used to stimulate the coronavirus-stricken U.K. economy.The central bank this week is due to publish the results of 160 detailed responses to a consultation about how borrowing costs could be pushed below zero for the first time...
Spike in Silver Means Everyone Should Take the Reddit Traders Seriously, El-Erian Says: CNBC PROFeb 1, 2021 - 08:32:34 PST
Futures contracts for silver jumped 11% on Monday morning, on track for their biggest one-day gain since 2009.
As Congress debates President Joe Biden's request for $1.9 trillion in coronavirus relief funding — including a third stimulus check pegged at $1,400 — some Democratic lawmakers are pushing for an even bigger response: $2,000 monthly payments until the pandemic is history.
This past week was interesting as retail investors staged a riot against Wall Street by piling into some of the most shorted names. We discuss Gamestop.
The "moral hazard" fostered by the Fed's ongoing monetary interventions has created an economy fraught with zombies and a pathway to "Japanification."
Update (1001 ET): The list of discount brokerage houses experiencing issues and outages this morning continues to expand. Add Charles Schwab to the mix.
The historic short squeeze, engineered by millions of deeply cynical small traders, exposed just how rigged the market has been.
Americans Cut Back as Income from Wages & Salaries Hit Record as 10 Million People Still out of WorkFeb 1, 2021 - 08:11:42 PST
Meanwhile, away from the stock market mania…
The Reddit Inspired Attack on Shorts Exposed Wall Street Sleaze and CorruptionFeb 1, 2021 - 08:07:30 PST
The term "legalized fraud" is an inherent contradiction because fraud is not legal. But it is the term that best describes Wall Street. Here's an easy to understand example of what I mean.
The CPI is a very poor measure of inflation. A few examples starting with rent explain what I mean.