Precious metals are apparently waking up. And here is where you can find the best deals.
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As OPEC+ ministers gather virtually this week, the city that traditionally hosts their meetings will be locked down. Vienna’s Christmas markets will be closed, the famous Ringstrasse boulevard silent. For oil ministers, the scene should urge caution.
Nov 30, 2020 - 04:58:36 PST
The former CEO of HSBC argues bankers once also thought they were too clever.
Los Angeles Issues Stay Home Order as Coronavirus Cases Surge Out of ControlNov 30, 2020 - 04:55:21 PST
Los Angeles County announced a new stay-home order Friday as coronavirus cases surge out of control in the nation's most populous county.
Nov 30, 2020 - 04:54:02 PST
As COVID-19 hospitalizations surpass 90,000 for the first time, a record for the seventeenth day in a row, Dr. Andre Campbell, a trauma surgeon at Zuckerberg San Francisco General Hospital, warns the U.S. could be facing an “apocalypse” next month.
Fauci Says Christmas and New Year’s Restrictions Will Be Necessary Due to Holiday Coronavirus WaveNov 30, 2020 - 04:51:51 PST
As the U.S. heads into a difficult period of the pandemic, Fauci urged Americans to take virus mitigation steps "short of locking down."
OIL PRICE & ENERGY UPDATE NOV 30th: Interesting Development With Bankrupt Shale CompanyNovember 30, 2020
There's a lot of interest in the oil market and energy sector after many analysts are calling for a new Commodity Bull Market. Thus, analysts suggest that the oil industry will outperform other sectors during the commodity bull market, so it's HIGH TIME to consider buying oil stocks and going long...
MEXICO NOW FACING THE ENERGY CLIFF: PEMEX Oil Production Continues To Decline As Liabilities MountNovember 29, 2020
With Mexico's PEMEX oil company heading over the ENERGY CLIFF, it's a terrible situation for the United States southern neighbor. Mexico reported the lowest crude oil production during October in more than 40 years. In the last 15 years, Mexico's oil production has fallen more than 50%. This is...
With the precious metals and miners consolidating after the highs, what do the long-term charts say? It seems that there still may be some downside in the precious metals prices and miners. However, gold is now becoming oversold and is looking to enjoy a nice bounce shortly. Also, the U.S. Dollar...
There's been a lot of fanfare by many analysts that the market may be entering into a new Commodity Super Cycle. I have seen plenty of charts on the internet and on Twitter suggesting commodities versus the S&P 500 Index are now at historic lows. Thus, it seems that many of these analysts...
The purchasing power of the US dollar is fast failing, warns monetary expert Mike Maloney. Learn how gold can protect your wealth in the coming years.
The purchasing power of the US dollar is fast failing, warns monetary expert Mike Maloney. Learn how gold can protect your wealth in the coming years.
Nov 27, 2020 - 09:43:26 PST
Considered one of the most esteemed voices in the sector, gold super legend Pierre Lassonde predicts that the Dow Jones to gold ratio will retrace to 1:1, which it has historically done in the past. Should that happen, he tells our Daniela Cambone, the gold price could climb to $15,000–$20,000 an ounce.
Describing silver as a “metal important for future technologies” (MIFT) in a new report on the outlook for commodities in 2021, Bank of America said...
Modern monetary theory is gaining increasing attention. This sets down that governments can spend what they want until full employment is achieved. They will never have to worry about the financing, because the central bank will provide all the money they need through the printing press. In fact, the path to painless cost-free state financing is an illusion. MMT would lead to chaos.
We used to carry and trade bits of metal everywhere, but a pandemic shortage and the rise of digital money are making jingly pockets a distant memory for many.
The Dow Jones Industrial Average has soared back near records, fueled by optimism about a coming coronavirus vaccine. A volatility index known as Wall Street’s fear gauge however also remains elevated.
Although many central bankers have claimed the central banks are instrumental in ushering in a more green economy, a closer look suggests central banks are anything but “green.” In fact, a sound money economy might be a much more effective tool in improving the physical environment.
A year of crisis for the lira has kept Turks buying gold at a record pace. Now the appetite for more bullion risks becoming a drag on the currency just as a rally struggles to regain momentum.
BlackRock Inc. Vice Chairman Philipp Hildebrand said financial markets are underestimating the risk of higher inflation in the medium term, especially that central banks will struggle to raise interest rates even when price pressures start to build...
European Central Bank policy maker Francois Villeroy de Galhau has rejected suggestions that the institution should consider writing off the public debt it bought during the pandemic, saying to do so would backfire.