Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Whether you’re happy about it or not, Joe Biden will take the presidential oath of office on Wednesday, January 20. But while it’s the official induction of a new president, the real inauguration will be for one of our favorite metals, the one that is the most versatile and vital for the world we live in today: silver.That’s because President Biden’s policies will be a boon for demand—both industrial and monetary.Here’s a look at what is in store for silver, which is likely to start the day he takes the oath…
MAJOR GOLD MINER SHOWING CLASSIC TOPPING PATTERN: Providing Technical & Fundamental AnalysisJanuary 18, 2021
If you invest in precious metals mining stocks, one of the major gold companies is now displaying a Classic Topping Pattern. While we believe gold and silver and the mining stocks will see new highs, the current technicals point to a correction lower. Thus, it's important to understand the Cycle Highs & Lows...
Gold-backed ETFs recorded record net gold inflows, pushing holdings globally to record levels in 2020.On net, ETFs globally added 877 tons of gold last year worth about $47.9 billion. Gold holdings rose by over one-third, ending the year at a record 3,752 tons, according to data released by the World Gold Council.
President-elect Joe Biden unveiled his massive stimulus plan last week touted as the "American Rescue Plan." In his podcast, Peter Schiff said it was more like throwing a drowning man an anchor.
In this Crypto Price Update we are looking at the price and volume action in Bitcoin as well as several other altcoins. We believe that there are some eye-opening facts buried in all the data. And the future of cryptos and technology in general might not be what most people expect.
Petroleum geologist Art Berman's prediction of a 30% spike in oil prices in 2021 could be another painful gut-shot to today's struggling global economy.
Now that we have entered 2021, what do the Gold and Silver Market's technical indicators say? While the precious metals' future price trend is going up much higher, the short-term trend will depend upon a few factors. One factor is the direction of the U.S. Dollar, and the other is...
The dollar continued its upturn, overshadowing bullion’s appeal as an inflation hedge after the U.S. president-elect proposed a new $1.9 trillion stimulus package.
Wall Street's main indexes dropped on Friday, weighed down by losses in major U.S. lenders after their earnings reports, while incoming President Joe Biden's $1.9 trillion stimulus plan also sparked fears of an increase in corporate taxes.
In short: the chart shows whose income group will benefit, and which will end up with the tax bill, after Biden's record stimulus is enacted.
Rosengren said he was comfortable with the action despite a nearly $2 trillion price tag that will take the government deeper into the red.
Near bull market peaks, investors begin to rationalize overpaying for assets. Inevitability, the myth of "cash on the sidelines," is used.
Shocks to supply chains are engulfing a wider swath of the global economy, threatening to stifle Asia’s trade-led recovery...
ECB’s Stournaras: Many Euro Zone Banks Underestimate Credit Losses from PandemicJan 15, 2021 - 11:24:34 PST
Many euro zone banks underestimate credit losses they are likely to incur from the COVID-19 pandemic and supervisors will focus on asset quality this year, European Central Bank Governing Council Member Yannis Stournaras said on Friday.
Wells Fargo Slides After Another Dismal Quarter With Misses Across The BoardJan 15, 2021 - 11:23:40 PST
As a result of these ugly results, the stock is not happy, sliding over 2%.
Citigroup Inc reported fourth-quarter profit that beat market expectations on Friday, but that failed to impress Wall Street as higher costs and a fall in revenue across its consumer business weighed on the results.
Jan 15, 2021 - 11:10:40 PST
The drop reflects the impact of the government's measures, including interest-free loans without collateral that helped small and medium-sized companies.
Still, the firm cautioned that uncertainty remains and that it wasn’t reducing the money set aside for credit card losses as it waits to see the impact of fiscal stimulus efforts.
Large lenders enter 2021 coiled with potential energy from their deposit-fueled cash piles, but it’s hard to pinpoint when that might translate into shareholder returns.
Federal Reserve Bank of Boston President Eric Rosengren said on Friday he welcomes President-elect Joe Biden's proposed $1.9 trillion stimulus package as "big" but "appropriate," and signaled the Fed has no inclination to dial back from its own super-easy monetary policy.