Precious metals are apparently waking up. And here is where you can find the best deals.
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Eurozone government borrowing has exploded to fund their response to the coronavirus pandemic, reigniting long-standing calls for the European Central Bank to ease the debt burden by canceling the sovereign bonds it holds.
More than one-third, 38%, of people say they’ll be in “survival mode” in 2021, according to Fidelity Investments’ annual New Year Financial Resolutions Study released Tuesday. Survival mode entails being focused “on the day-to-day as I try to get myself and/or my family through the next year,” the poll of more than 3,000 people said.
China Is the ‘Principal Military and Economic Threat’ in Asia, Says Wilbur RossDec 8, 2020 - 04:46:49 PST
China accounts for many anti-dumping and countervailing duty orders imposed by the U.S., and makes up a "good portion" of the U.S. entity list, said Ross.
Stock Futures Fall As Traders Weigh Stimulus Prospects and Surging COVID CasesDec 8, 2020 - 04:44:45 PST
Stock futures fell early Tuesday as traders kept an eye on negotiations for additional fiscal stimulus while the U.S. coronavirus caseload continues to rise.
Silver Eagle Sales Blow Pass 30 Million & Prepare For Fireworks As Investment Demand Surpasses Industrial DemandDecember 8, 2020
U.S. Silver Eagle sales this year are RED HOT pushing total silver investment demand to record highs. According to the U.S. Mint's most recent update, Silver Eagle sales in 2020 have surpassed 30 million and may continue to increase over the next few weeks in December. Also, for the first time...
Gold Prices Finish Higher, Buoyed by Progress Toward a U.S. Fiscal Stimulus DealCDec 7, 2020 - 12:57:56 PST
Gold futures finish higher on Monday, with prices for the haven metal getting a strong lift from progress toward another coronavirus aid package and the...
Schumer Pressures Biden to Bypass Congress to Cancel $50,000 in Student Debt per BorrowerDec 7, 2020 - 12:36:12 PST
Sen. Chuck Schumer, D-N.Y., repeated his call on President-elect Biden to forgive $50,000 in student debt for every borrower. Can Biden do it without Congress?
Consumer Credit Misses Badly As Americans Unexpectedly Pay Down Credit Card Debt In OctoberDec 7, 2020 - 12:33:28 PST
The decline in credit card debt is troubling, but expected in light of the lack of a new fiscal stimulus which had prompted many households to lever up during the summer.
Finance ministers and central bankers from the Group of Seven (G7) advanced economies strongly supported the need to regulate digital currencies, the U.S. Treasury Department said in a statement on Monday after a virtual meeting of the officials.
Dec 7, 2020 - 12:23:26 PST
Former Barron’s Roundtable member Jim Rogers is an investor and co-founder of the Quantum Fund with George Soros...
n March of this year, the COVID-19 pandemic caused a severe liquidity crisis in the bond market, with municipal bonds (munis) being among the hardest hit. While many investors considered this an outlier event, history tells us that it was not...
Governments should allow public debt to rise further to mitigate the catastrophe, even if there are longer-term costs. But where will new growth, already tepid in advanced economies before the pandemic, come from?
The "Roaring 20's", The Fundamental Problem Of The Bullish View: Lance RobertsDec 7, 2020 - 11:50:15 PST
Ed Yardeni's view of another "Roaring 20's," while "bullish" misses the significant fundamental problems which will likely undermine his thesis.
Growing income and wealth inequality were on my (and probably your) radar screen long before COVID-19 came along. The pandemic has made them both more obvious and more urgent.
While governments around the world have imposed extremely destructive restrictions on economic life and promise a “Great Reset” that amounts to a great leap forward into the socialist future, central bankers have advanced plans for implementing central bank digital currencies (CBDCs).
By a popular way of thinking, it is the role of the central bank to make sure that economy follows a path of stable economic growth and prices. The economy is perceived to be like a spaceship that occasionally slips from this trajectory.
What happened to the trillions of dollars allocated for the CARES Act emergency lending facilities? In a statement he gave to the US Senate on Tuesday, and one of his last public statements for the year, Federal Reserve chair Jerome Powel...
Congress Looks for Last Minute Covid Stimulus Deal as Benefits Cliff LoomsDec 7, 2020 - 10:11:03 PST
Congress is trying to put together a coronavirus stimulus package and a government funding bill before the end of the week.
Manhattan Apartment Seller Takes $12 Million Loss on Billionaires’ Row CondoDec 7, 2020 - 10:09:01 PST
The multimillion-dollar loss highlights the wealth destruction experienced by buyers who paid top dollar for the glamorous midtown super-towers.
It was amazing how quickly inflation took root in Germany during the 1920s. Consider how fast it could happen now that we live in an age of instant communication which allows ideas and expectations to rapidly spread.