Precious metals news

The low level of employees at their desks is intensifying the pain for cities geared toward office life. Cities’ populations are falling as people working from home move to the suburbs or other less dense locations where they can find more living space for less money.

Then there’s the “single-asset” commercial mortgage-backed security (CMBS) backed only by the mortgage of this tower.

Plaid asks for your bank credentials, logs into your account, and obtains your banking data, such as balances, assets, transaction history, and debt. Visa wants to buy it all.

The global economy’s new inflationary paradigm requires a thoughtful re-examination of traditional portfolio theory. In light of recent developments, investors must have increased concern about the risk of inflation.

The US dollar has finally broken the 3-month consolidation pattern and is making new yearly lows.

“Part of the integrity of a system is knowing who owns it and knowing who has it and knowing why it’s being transferred,” Cohn said. “The Bitcoin system today has no transparency to it. So there are a lot of people that question, why would you need a system that does not have an audit trail.”

Sometimes "greed" is not good...

Is the narrative "priced in?" Investors have gone "all in" with a disregard for risk. But with markets extended and overvalued what should investors do now?

The chief economist made private calls to financial institutions in an unusual attempt to buttress the central bank’s sometimes-puzzling public communications, according to three people with whom he spoke and a review of his schedule.

Purging Libor from the financial system is proving no easy task.For more than three years, regulators have steadfastly maintained that the beleaguered London interbank offered rate would be phased out at the end of 2021.

PARIS (AP) — Vendors broke out in applause in the flagship Galeries Lafayette department store in Paris as eager shoppers returned for the first time in a month, after yet another virus...

Despite strength in new orders, manufacturers registered notable weakness in employment...

Dallas Federal Reserve Bank President Robert Kaplan on Monday said he expects strong economic growth in the second half of next year once newly developed COVID-19 vaccines get rolled out widely, but with cases surging now he sees a "very difficult" next three to six months.

The resurgence of the coronavirus pandemic has dramatically weakened the global recovery and it could get a lot worse if governments withdraw support too soon or fail to deliver effective vaccines, the OECD warned.Cutting its 2021 global growth forecast to 4.2% from 5% in September...

The European Central Bank should focus on keeping financial conditions at current levels through the crisis rather than announcing a blockbuster stimulus package that beats market expectations, according to Executive Board member Isabel Schnabel

U.S. employees started heading back to the office in greater numbers after Labor Day but that pace is stalling now, delivering another blow to economic-recovery hopes in many cities.

The Treasury’s decision not to renew several emergency Fed lending programs intensified a partisan divide and could lead to a political fight during the Biden administration. Here’s a look at the issues.

Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin are testifying Tuesday before the Senate Banking, Housing and Urban Affairs Committee.

Even as market mania continues over hopes for a coronavirus vaccine, the economic devastation caused by the government response to the pandemic continues to ravage the economy.  Seventeen million households are behind on rent or mortgage payments, and nearly 6 million Americans say they are at risk of eviction in the next few months.

Pierre Lassonde has said gold could skyrocket to $15,000 to $20,000 an ounce as the Dow-to-gold ratio falls to 1-to-1. Has his view changed?
Lassonde is the founder of Franco-Nevada Mining Corporation. He recently sat down with Daniela Cambone to talk about the state of the gold market. He said not only can he still see a path to $15,000 gold, he now sees the catalyst that could take bring the price of gold into parity with the Dow — massive government debt in response to COVID-19. During the interview, he also talked about the current drop in the gold price and why he thinks this is a short-term trend.