Precious metals are apparently waking up. And here is where you can find the best deals.
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Nov 30, 2020 - 11:39:38 PST
Here are some of the peculiar line items that show how Mnuchin allocated money meant to save businesses in the U.S. during the pandemic and avoid millions of unnecessary job losses in the United States:
As financial markets celebrate the coming vaccine-led boom, the confluence of epidemiological and political aftershocks has pushed us back into a quagmire of heightened economic vulnerability. In Dickensian terms, to reach a “spring of hope,” we first must endure a “winter of despair.”
Yuan is set for a gain of 1.6 per cent against the US dollar in November, with new data released on Monday underscoring the strength of China’s economic rebound.
The U.S. Federal Reserve said Monday it is extending emergency liquidity programs for the commercial paper and other key financial markets through March 31, a step to help financial markets plan through the start of the next year as the economy recovers from the coronavirus...
Contracts to buy U.S. previously owned homes fell for a second straight month in October as an acute shortage of properties pushed up prices, though the housing market remains supported by record low mortgage rates.
The U.S. Labor Department is inaccurately estimating the number of people filing weekly claims for unemployment benefits during the pandemic, which could make it difficult for policymakers to respond to the crisis, a government watchdog said on Monday.
The Government Accountability Office says the jobless benefits program consistently underpaid some workers.
Using its magic printing press, the U.S. central bank would take $75 billion appropriated by Congress and turn it into as much as $600 billion in loans to companies damaged by the pandemic.
The U.S. dollar this week hit its lowest levels against a basket of currencies in more than two years. Investors and analysts think it has further to fall.
Ryan called on governments around the world to investigate "all forms of gatherings that lead to people congregating"...
Companies and governments have issued a record $9.7 trillion of bonds and other debt this year, as extraordinary support from the Fed and other central banks has fueled a borrowing bonanza.
German annual consumer prices fell further in November, pushed down by a VAT cut introduced as part of the government's stimulus push to help Europe's largest economy recover from the coronavirus shock, data showed on Monday.
China must not monetize its fiscal deficit and should build a "firewall" between fiscal and central bank funds to ward off risks, central bank governor Yi Gang was cited as saying by the official Shanghai Securities News on Monday.
Insider Alert - Mike Recently Added to both His Metals and Crypto PortfoliosNov 30, 2020 - 09:43:02 PST
Mike Maloney recently added to both his metals and crypto portfolios - find out what actions he took and why in today’s Insiders Alert.
While US protesters and rioters still need guidance just what buildings to burn down, their French peers are finally catching on.
U.S. Debt, Fed Easy Money Biggest Risks in 2021: Wants to Buy More Silver, Jim RogersNov 30, 2020 - 09:22:12 PST
“Silver is much cheaper than gold on a historical basis. I will buy both (silver and gold), but I will buy more silver.”
Falling costs to roll forward U.S. gold futures contracts suggest the market is moving closer to normal trading after turmoil caused by COVID-19 raised investors' overheads, curbed activity and funnelled massive profits to investment banks.
I wanted to offer some thoughts on Gold on this Thanksgiving weekend as Gold has reached a key price pivot and has seen sizable selling in recent weeks as the rest of the market continues to melt i…
Euro zone governments and the European Central Bank may need to provide more fiscal and monetary support than initially expected because of the effects of the second wave of the COVID-19 pandemic, the International Monetary Fund said on Monday.