Precious metals are apparently waking up. And here is where you can find the best deals.
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Is this the Endgame? Join Mike Maloney in this extensive two-part conversation with George Gammon, host of the Rebel Capitalist Show, to hear what they think comes next - and what the average person can do do shield themselves from the financial insanity that prevails.
The impact of loose monetary policy could also lead to unintended consequences on asset performance and distort asset allocations for years to come. Additionally, widespread fiscal stimuli and ballooning government debt are raising concerns about a long-term run up of inflation.
More than $1.5 billion of gold is smuggled out of Zimbabwe every year, depriving the cash-strapped economy of crucial foreign-exchange revenues, according to research organization International Crisis Group
JPMorgan Makes $1 Billion From Gold Trading After Paying $1 Billion Fine For Manipulating Gold TradingNov 24, 2020 - 12:47:36 PST
This, in a nutshell, is how Wall Street works.
After Treasury Secretary Steven Mnuchin essentially ordered the central bank to shut down credit backstops such as the Main Street Lending Program, many experts expect Yellen would work with Fed Chair Jerome Powell immediately to revive its emergency lending programs and would even try to convince Congress that those programs need more fiscal support.
The Federal Reserve’s bond-buying program is serving its purpose well at the moment, though the central bank could adjust the parameters if needed...
Capitulation in the face of overwhelming liquidity?
Nov 24, 2020 - 11:35:47 PST
“There must be no premature withdrawal. It is also time now to prepare for a synchronized green and digital infrastructure investment push to invigorate growth, to limit scarring, and address climate goals,” she said.
Home Prices In Every Major City Jump More Than Double The Fed's Inflation TargetNov 24, 2020 - 11:17:52 PST
The next housing bubble is already here and the Fed has vowed not to hike until 2023 at the earliest. This will end in lots of tears.
Mission Accomplished?
"Exuberance" has invaded the market since the election. Such is % often seen near market peaks as investors go "all-in" without a net.
Nov 24, 2020 - 10:57:01 PST
It was almost a year ago that I highlighted the fact that Rydex traders were getting very bullish again. To be clear, I’m referring to the Rydex Ratio, “or the measure of Rydex traders’ assets in bear funds and money market funds relative to their assets in bull funds and sector funds.”
Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice. Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency. Let the healing begin!
Inflation and the French Revolution: The Story of a Monetary CatastropheNov 24, 2020 - 10:34:20 PST
Monetary inflation, writes Scott Trask, helped bring on the Terror and set French progress back a generation.
This is more than the amount of money created in the previous 5 years, yet only 5% of it is new cash in circulation.
JPMorgan Chase Pays $250 Million Penalty Over Weak Controls in Its Wealth Management DivisionNov 24, 2020 - 09:57:46 PST
It was the second time in two months that the bank agreed to pay a massive settlement to U.S. regulators over how it conducts business.
A Record 19.4 Million Homeowners Can Now Save Big on a Mortgage Refinance, Rates Hit Another New LowNov 24, 2020 - 09:56:36 PST
Homeowners now have unprecedented potential to save on their monthly payments through a mortgage refinance.
Nov 24, 2020 - 08:51:33 PST
Jeff Gundlach discusses why we’re still in a recession and why he’s bearish the U.S. dollar.
The dollar index pared much of its earlier losses, however, and held above a key technical support. Analysts said that the greenback may need a new catalyst to push it significantly lower after dropping to near three-month lows this week.
Stocks kicked off the Thanksgiving week on a high note on Monday as investors piled into reopening trades amid vaccine optimism.