Precious metals are apparently waking up. And here is where you can find the best deals.
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I’m often asked if I foresee inflation or deflation. Both are possible in their own ways, and frankly I feel a little funny telling people I think we will see both. I would just like to have a growing economy and dependable money that holds its value. But for these letters, I have to distinguish between what I want and what I expect.
The alleged digital currency scammers on the SEC’s list include Axtrading Investment, SmartCoins24, RetireWell Investors and Passive Trade Plan.
Chinese investors rushed into silver investments on Monday, pushing up Shanghai silver prices while boosting performances of related stocks and funds, matching calls by global retail investors to boost prices of the precious metal.
US Manufacturing Survey Hits Record High Amid Soaring Inflation, Supply-Chain DisruptionsFeb 1, 2021 - 07:52:12 PST
With inflation soaring, optimistic investors should be careful what they wish for as The Fed's dovish hand may be forced sooner than they think.
As many predicted with the social media chatter of a "silver squeeze", this weekend saw unusually high demand for precious metals, especially physical silver, causing many sites including ours to run low on stock or temporarily stop taking orders.A few of our most popular products are now back online, with more being added throughout the day.Orders placed over the weekend will be honored, as we deal exclusively in allocated physical metals from our network of mints, refiners and wholesalers.
Silver is getting a lot of attention right now thanks to the so-called Reddit Raiders. But as Peter Schiff pointed out in a recent podcast, silver is a fantastic buy right now even absent the attention of message board investors. In fact, silver was poised to go up even before the Reddit crowd looked its way.Overall, the fundamentals are extremely bullish for silver in the long-term, without or without a push from the Reddit Raiders.
Investors see some classic signs of froth, but they are uncertain whether a downfall looms.
WASHINGTON (AP) — The Democratic push to raise the federal minimum wage to $15 an hour has emerged as an early flashpoint in the fight for a $1.9 trillion COVID-19 relief package, testing...
What’s Driving Everything From a Market Frenzy to an Embrace of U.S. Deficits? Magical Thinking: WSJFeb 1, 2021 - 05:23:02 PST
Traders and politicians are making new, risky arguments about low interest rates to justify their actions.
As of Monday morning, the Reddit Raiders had driven silver to a 6-month high of over $29 an ounce. Peter Schiff talked about what's going on in the silver market on his podcast Friday. He said that silver is a great buy right now, with or without the attention of the Reddit message boards.
Stocks are expensive by almost any measure except one favored by the Fed—so don’t expect it to stop this party unless it threatens more collateral damage.
Inflation is a risk that can sneak up on Wall Street and Fed chair Jerome Powell says it will rise, but it may be one market crash factor that is likely to stay muted.
Goldman Sachs Says This Is the Biggest Short Squeeze In 25 Years, with Shorted Stocks Up 98%Feb 1, 2021 - 05:15:13 PST
The current short squeeze is the most extreme in 25 years, and it looks a little different from prior short squeezes.
Three Reasons Why a ‘Perfect Storm’ of Speculative Investors Is Hitting the MarketFeb 1, 2021 - 05:14:03 PST
PNC Financial's Amanda Agati sees stimulus checks among the reasons for the market's giant short squeezes.
New Chart Shows China Could Overtake the U.S. As the World’s Largest Economy Earlier than ExpectedFeb 1, 2021 - 05:10:13 PST
The coronavirus pandemic may have affected the U.S. economy more than the Chinese economy, analysts said.
10 Republican Senators Present Biden with Smaller COVID Stimulus Proposal, Call for CompromiseFeb 1, 2021 - 05:07:41 PST
The senators explained that their version of the covid relief package provides "more targeted assistance" to Americans with the greatest need.
Silver Jumps 11%, the Most in 11 Years As Reddit Traders Try Their Squeeze Play with the MetalFeb 1, 2021 - 05:06:17 PST
The sharp move higher reflected the biggest move for silver futures since at least 2013 and extended gains for silver and silver-related equities last week.
NBC News is tallying the vaccination numbers across the country. See how many have received initial doses and how many have been fully vaccinated as states and territories roll out vaccination plans.
The COVID-19 pandemic put Federal Reserve easy-money policy on hyperdrive. But make no mistake, the Fed was already forcing interest rates artificially lower and engaging in quantitative easing long before coronavirus arrived on American shores. In fact, there was no plausible exit strategy from this policy after the 2008 financial crisis and there is no exit for it today.
David Morgan quotes the often repeated axiom “he who owns the gold makes the rules.” The majority of gold is with the central banks. Possession is nine tenths ownership and we have seen the power of the financial institutions to bend the rules to suit their goals. Silver is not really considered a monetary alternative by the banks and not really held by them