GooGold Search
Precious metals are apparently waking up. And here is where you can find the best deals.

Site:

Precious metals news

    Congress Is Still Willing to Let America Down
Dec 18, 2020 - 07:33:53 PST
After a months-long stalemate that has left workers, families, small businesses and state and local governments at the mercy of an escalating pandemic, congressional leaders may be about to finalize a $900 billion Covid-19 relief package.
The suspected Russian hack involving SolarWinds software that compromised parts of the U.S. government was executed on a scale that has surprised even veteran security experts. It has exposed a potentially critical vulnerability in America’s technology infrastructure, investigators say.
The Federal Reserve held its last meeting of the year this week. There were no big surprises policy-wise. But Jerome Powell and company made it clear that the easy-money spigot will remain wide open pumping trillions of dollars created out of thin air into the economy. In this episode of the Friday Gold Wrap podcast, Mike Maharrey talks about the Fed meeting and the ramifications of its monetary policy.
    Pentagon Halts Biden Transition Briefings
Dec 18, 2020 - 07:06:19 PST
Acting Defense Secretary Chris Miller ordered a Pentagon-wide halt to cooperation with the transition of President-elect Biden, shocking officials across the Defense Department, senior administration officials tell Axios.
As President-elect Joe Biden looks to pull the economy out of the wreckage caused by the pandemic and onto a sustained path of recovery, his team faces one increasingly big problem: a mountain of corporate debt.U.S. companies have borrowed billions of dollars to boost cash in order to get them through the outbreak that has shuttered businesses across..,.
The U.S. current account deficit surged to its highest level in more than 12 years in the third quarter as a record rebound in consumer spending pulled in imports, outpacing a recovery in exports.
The hits just keep on coming for movie theaters. With their businesses already thrashed by Covid, theaters are now having to deal with the threat of movies going "straight to streaming" and bypassing the box office altogether.
Electric vehicle maker Tesla is poised to enter the S&P 500 in what will be the largest rebalancing in the history of that index.
    How to Prepare Your Gold & Silver Portfolio for 2021
Dec 18, 2020 - 05:56:35 PST
I’ve put together a few simple strategies to employ in 2021. And sooner rather than later. One reason is because when we get to next December, I don’t want to have any regrets (which I’ve sometimes had in the past, as you’ll see). The day of financial and monetary reckoning is getting nearer, and I want to fully capitalize on what I think is coming. A few simple steps will help me do that. I share in case they’re useful to you, too. Here are three specific investment strategies I plan to use in the new year…
And Silver prices aim for best weekly gain in 6 weeks, FactSet data show...
Copper topped $8,000 a ton for the first time in more than seven years, with Goldman Sachs Group Inc. and BlackRock Inc. pointing to the start of a new long-term bull market as supply lags an expected demand boom.
But future generations might look back at this as a pivotal moment - the first national launch of a technology that could upend commercial banking and even shake the U.S. dollar's status as the world's de facto currency.
    T Bills Headed for 0% May Force the Fed’s Hand
Dec 18, 2020 - 05:14:28 PST
The Federal Reserve decided not to extend the weighted average maturity of its asset purchases at its meeting this week, with Chair Jerome Powell arguing that longer-term interest rates are already plenty low enough to bolster the economy through what are hopefully the final months of the coronavirus pandemic.
To stem the economic fallout from Covid-19, developed countries have injected an unprecedented $9 trillion into their economies.
    These States Are Suffering from the Worst Jobless Rates
Dec 18, 2020 - 05:08:24 PST
Yahoo Finance Live's Zack Guzman breaks down the states suffering from the worst jobless rates.
The United States is set to add dozens of Chinese companies, including the country's top chipmaker SMIC, to a trade blacklist on Friday, two people familiar with the matter told Reuters on Thursday.
Japan's core consumer prices dropped in November at their fastest pace in a decade as the coronavirus pandemic hit demand, stoking fears of a return to deflation and wiping out the benefits former premier Shinzo Abe's stimulus policies.
The U.K. and the European Union are running out of time to agree terms on a post-Brexit trading arrangement, EU Chief Negotiator Michel Barnier has warned.
    Microsoft Was Reportedly Swept Up in SolarWinds Hack
Dec 18, 2020 - 04:55:24 PST
Microsoft was hacked in connection with the attack on SolarWinds’ widely used management software, Reuters reported on Thursday.
U.S. demand for silver continued to remain strong as imports surged higher in September after a decline in August.  However, the opposite was true for India as silver imports during the same month collapsed to an all-time low.  What a difference in just a few years as India imported...