Precious metals are apparently waking up. And here is where you can find the best deals.
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CEO of World’s Largest Money Manager Sees Stocks Rallying in 2021 but Not As Much As Last YearJan 14, 2021 - 05:31:56 PST
"I think we're going to continue to see the market to be strong into 2021," BlackRock's Larry Fink told CNBC on Thursday.
Jan 14, 2021 - 05:23:10 PST
“I can’t recall a time since world war two when so many forces were aligned on the inflationary side,” said Mr LeBas.
Delays in administering Covid-19 shots pose a fresh risk to investors who bet on a speedy vaccination process to help risky U.S. companies bounce back from the pandemic.
Treasury Yields Rise Slightly Ahead of Jobless Claims, Biden Stimulus PlanJan 14, 2021 - 05:14:00 PST
Treasury yields rebounded on Thursday morning, ahead of President-elect Joe Biden announcing more details of his economic stimulus plan.
Biden to Unveil Plan to Pump an Excess of $1.5 Trillion into the Pandemic-Hit EconomyJan 14, 2021 - 05:09:22 PST
President-elect Joe Biden will unveil a stimulus package proposal on Thursday designed to jump-start the economy during the coronavirus pandemic with an economic lifeline that could exceed $1.5 trillion and help minority communities.
Commodities are booming. A lot of people seem to think this is a sign of pending economic growth. But in his podcast, Peter Schiff said it's really a sign of inflation.Most of the investment world continues to focus on the stock market and they're not really paying attention to what going on in the commodities markets. And as Peter put it, that's going to have a big impact on what happens in the supermarket.
Schumer Has Asked Biden For A Stimulus Package Larger Than $1.3 TrillionJan 14, 2021 - 05:06:39 PST
Senate Majority Leader Chuck Schumer has urged President-elect Biden, who will introduce his proposal for the next federal coronavirus stimulus bill on Thursday, to aim for legislation worth more than $1.3 trillion, multiple outlets reported Wednesday.
Agencias:The gap was $572.9 billion in the October-December period, a record for the fiscal year’s first quarter and up 61% from a year earlier, according to a Treasury Department report Wednesday. December’s $143.6 billion deficit, also a record for that month, compared with $13.3 billion during the same month in 2019.
The U.S. is recording at least 245,300 new Covid-19 cases and at least 3,360 virus-related deaths each day, based on a seven-day average of JHU data.
As the Fed and central banks prop up the economy and markets with even more stimulus and liquidity this year, investment demand for physical precious metals continues to be quite strong. Since my Silver and Gold Eagle update on January 12th, sales of Gold Eagles surged once again over the past two...
Global debt levels now surpass $255 trillion. Distressed public balance sheets reflect the need for sound money and safe stores of value, both of which gold and silver have a history of providing.
Just remember, we're in a massive silver bull market. Corrections and drawdowns will happen again. They should be embraced, not feared. Continue to buy silver dips.
All signs are pointing to a rise in U.S. inflation, St. Louis Federal Reserve President James Bullard said on Wednesday, but though the economy may boom later this year, it's too early to say when the Fed could take any steps to pull back on its super-easy policy.
In keeping with the previously reported plunge in waiters and bartenders due to restaurant shutdowns, contacts in the leisure and hospitality sectors reported renewed employment cuts due to stricter containment measures.
The Unemployment Rate Is Above 20% for the Lowest-Paid Workers, Fed’s Brainard SaysJan 13, 2021 - 11:57:06 PST
The level highlights the need for accommodative policy, and she said “it is too early to say” how long the Fed’s measures will stay in place.
I’ve been saying it for a while: The extremes are becoming ever more extreme, to the upside as well as to the downside. Last year I kept highlighting multiple warning signs in markets leading…
“Everyday prices increased just 0.9 percent in 2020. The pandemic and government restrictions are likely to distort relative prices, but overall trends are likely to remain moderate.”
The Fed's current pace of bond-buying will likely remain in place "for quite some time" Fed Governor Lael Brainard said on Wednesday in remarks emphasizing how much progress still needs to be made for the U.S. central bank to achieve its inflation and employment goals.
Italy’s government is on the verge of collapse after a junior coalition partner pulled out in the middle of the administration’s battle against the Covid-19 pandemic.
There are other predictable price rises in the pipeline. Grains have enjoyed their sharpest increase in many years, while industrial metals are also rallying. Both fell during the worst of the pandemic, so again these increases stand to push headline inflation numbers up noticeably: