Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
After Years of Brick and Mortar Meltdown, the Pandemic. Desperate Measures Are Now RequiredNov 12, 2020 - 07:11:35 PST
Why Simon Property Group & Brookfield Property, #1 & #2 Mall Landlords, Bought J.C. Penney and Other Collapsed Retailers out of Bankruptcy
Housing Stocks Look Sound, but Trader Warns of Weaknesses Starting to FormNov 12, 2020 - 07:09:38 PST
Miller Tabak's Matt Maley says housing stocks look sound fundamentally but he warns of weaknesses starting to form.
A combination of supporting factors assisted the precious metal to regain positive traction on Thursday and reverse a major part of the previous day's losses. As investors digested the recent optimism over a potential COVID-19 vaccine, a pullback in the global equity markets revived demand for traditional safe-haven assets, including gold.
This summer, Peter Schiff and Jim Rickards discussed the possibility of $15,000 gold. In a recent interview. economist Rafi Farber took this line of thinking to the next level, arguing the dollar price of gold could eventually hit infinity - meaning simply that the value of the dollar will go to zero.
Just eight months after they swung into action to avert a crippling depression and credit crunch, central banks are in the uncomfortable position of relying on governments to power fragile economic rebounds.
...top-down, while goods prices continue to accelerate, it is the growth in the costs of services that continue to slow dramatically...
After this week’s record stock rotation, bonds are flashing a warning for the most crowded trades of this bull market.Hopes for a coronavirus vaccine are sending the yield on 10-year Treasuries ever closer to 1%, signaling there could be more pain in store for investors in growth and momentum equities.
First-time claims for unemployment benefits were expected to total 740,000 last week, according to economists surveyed by Dow Jones.
709,000 Americans filed for first-time unemployment benefits last week, better than the expected 731k and and a big drop from the prior week's revised 757k print.
Euro zone industrial production unexpectedly declined in September, driven chiefly by a sharp fall in the output of durable consumer goods, sounding a negative note to a quarter that had begun strongly.
Fed Chair Powell Is Set to Speak at 1:45 P.M. ET. Treasury Yields Fall Ahead of Jobless ClaimsNov 12, 2020 - 05:18:12 PST
U.S. Treasury yields fell on Thursday ahead of key economic data due to be released later in the day and a speech by Federal Reserve chair Jerome Powell.
Americans Need Another Stimulus Bill Now to Get Through 9 Months of the Coronavirus Pandemic: MWNov 12, 2020 - 05:15:07 PST
U.S. workforce and economy face challenges until the summer of 2021 at the earliest.
The question now is: Will his plan work? Watch this video to learn more about how Biden plans to pay for all this — and whether Congress will support it.
The Fed is going green, and that could mean a substantial change for the way institutions have to prepare for the unexpected.
American retirees are buried in debt.Between 1999 and 2019, the total debt burden for Americans over age 70 increased by 543% and totaled $1.1 trillion according to data compiled by the Federal Reserve Bank of New York. Debt grew by 471% over the same period for those in their 60s and totaled $2.14 trillion at the end of last year.
"Our research finds no meaningful curve development differences between countries with and without strong curve intervention. This makes us question if existing public health intervention (i.e., lockdown/ stricter social distancing) should remain in place next year."
Biden Covid Advisor Says U.S. Lockdown of 4 to 6 Weeks Could Control Pandemic and Revive EconomyNov 12, 2020 - 04:56:12 PST
He said the government could borrow enough money to pay for a package that would cover lost income for individuals and governments during a shutdown.
The coronavirus has infected more than 51.62 million people globally as of Wednesday, killing at least 1.27 million people so far.
IMPORTANT VIDEO: Energy Cliff & Why The U.S. & World Are Heading Into A Depression That Never EndsNovember 12, 2020
If there is one video you should watch, this would be one of the most important. The world has no idea of the coming ENERGY CLIFF and leaders and citizens push for more high-technology and supposed renewable energy to solve our energy predicament. Unfortunately, "GREEN ENERGY" as they...
A contested election. A potential vaccine. Central banks losing control. What does this all mean for gold, silver and the US dollar? Join Mike Maloney and Jeff Clark as they discuss the latest news in today’s update.