Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
GREEN ENERGY DOUBLE-TALK BEGINS: First Major Oil Producer Announces Deadline to End Oil Extraction, But There's A CatchDecember 5, 2020
According to the Washington Post article published yesterday, Denmark was the first major oil-producing country to announce a deadline to end oil extraction. While this may sound like a "Victory" for the Green Energy Movement, there's a catch. While Denmark announced that it would end...
Dec 4, 2020 - 13:05:01 PST
The inscription immortalized the words of a Roman emperor who accepted piles of silver from a city anxious to demonstrate its loyalty.
Gold fell on Friday as investors booked profits from sharp gains in the previous sessions while equities rallied, but bets for fresh U.S. stimulus buoyed bullion's appeal as an inflation hedge and kept it on track for its first weekly gain in four weeks.
A friend sent me the recent announcement about the Social Security Cost-of-Living Adjustment (COLA) for 2021.
The United States Secretary of the Treasury bears a shameful job duty. They must place their autograph on the face of the Federal Reserve’s legal tender notes. Here, for the whole world to witness, the Treasury Secretary provides signature endorsement; their personal ratification of unconstitution
‘High’ Inflation Pressure Is Not Around the Corner, Minneapolis Fed President SaysDec 4, 2020 - 12:23:15 PST
Minneapolis Fed President Neel Kashkari said Friday that some modest rise in inflation would be welcome, adding he doesn't think return of "high" inflation...
Russia’s 2020 Inflation Seen at 4.6 to 4.8% Year on Year: Economy MinistryDec 4, 2020 - 12:17:48 PST
Russia's economy ministry said on Friday that it expected inflation in Russia to reach 4.6-4.8% in 2020 year-on-year and 0.6-0.7% in December, compared to the previous month.
4 Warning Signs in the November Jobs Report: ‘This Feels Like the Calm Before the Storm’Dec 4, 2020 - 11:38:46 PST
The U.S. economy added jobs in November and the unemployment rate fell. But trouble is brewing under the surface, according to economists.
Biden Warns the Economy Is Stalling After ‘Dire’ Jobs Report, Calls for ‘Urgent Action’ on StimulusDec 4, 2020 - 11:35:04 PST
Biden said Friday's underwhelming jobs report foreshadows a "dark winter" that demands "urgent action" from Trump and Congress.
Respondents predict policy makers will add six months and 500 billion euros ($608 billion) to their 1.35 trillion-euro emergency bond-buying program when they meet virtually on Dec. 10.
Commons public accounts committee condemns Bank for ‘lax attitude’ to money’s whereabouts....
The dollar's weakening is likely to last at least another six months as investors continue to shift to risky assets and higher returns, a Reuters poll of currency strategists found.
A potential wave of bankruptcies and a collapse in the commercial real estate market in the United States could weigh heavily on smaller banks, a regulatory panel said on Thursday in an assessment of risks to financial stability from the pandemic.
Public spending on infrastructure in the US has fallen, with a backlog of $2 trillion
Dec 4, 2020 - 09:49:38 PST
High yield bond yields are at an all-time low. And The Fed is expert at killing bond volatility too! Here is the Federal Reserve Board of Governors singing their song!
Dec 4, 2020 - 09:39:15 PST
The recent surge in tech stocks (aka, FANG stocks) has resulted in the highest Shiller Cyclically-adjusted Price-to-earnings (CAPE) ratio since the Dot.com bubble of 2000. And overall higher than 1…
Well, not markets. Fed-managed paper exchange.
The Unemployment Rate Dramatically Overstates the Strength of the EconomyDec 4, 2020 - 09:25:48 PST
The unemployment rate was distorted enough pre-Covid. Now it's even worse.
Carnival Cruise Line announced Thursday that it has canceled its remaining cruises through February 2021, as Covid-19 cases continue to rise nationwide.
Southwest Airlines Notifies Nearly 7,000 Employees That They May Be FurloughedDec 4, 2020 - 09:19:45 PST
Southwest Airlines, which has never laid off a worker in its 49-year history, notified 6,828 employees Thursday that they may be involuntarily furloughed next year.