Precious metals are apparently waking up. And here is where you can find the best deals.
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Gold climbed as the dollar trimmed some of its gains in the final days before next week’s pivotal U.S. presidential election.Uncertainty remains high before the Nov. 3 vote, lifting the dollar’s appeal as a safe asset over bullion while a resurgence in coronavirus cases rips through the U.S. and Europe.
It looks like we are close to turning the corner in gold & silver. The turn up is almost upon us—in the next few weeks or months at most...
Gold and silver have had a tough week. So have stocks. In a lot of ways, it looked like March all over again, with worries about increasing COVID-19 cases and new lockdowns. But then we got the Q3 GDP number and that injected a dose of optimism. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the dynamics in the markets and provides a little reality check on that big GDP number.
Oct 30, 2020 - 05:59:12 PDT
“The biggest catalyst (for gold prices) is going to be the U.S. election,” he predicted in an interview with the Financial Post. “I still think there’s a risk of some serious, serious problems … when that happens I think that’s when you want to be investing in previous metals.”
Oct 30, 2020 - 05:53:52 PDT
The GDPs of major economies in the eurozone surged in the third quarter compared to the previous quarter, but plunged on a yearly basis, which analysts said was expected, and a new round of lockdowns in Europe could further quash hopes in the West for the next quarter until the end of the year.
"If the US economy is struggling around the turn of the year because of continued fiscal impasse, the Fed could be upsizing its asset purchases in the credit markets,” JPMorgan’s John Normand said in a podcast for the bank on the elections.
The economic outlook has suddenly taken a turn for the worst, the European Central Bank (ECB) Executive Board member Yves Mersch said in a scheduled speech this Friday.
Bank of Japan’s Kuroda to Set the Globe Straight on a Recovery That’s Just Not Happening: ForbesOct 30, 2020 - 05:29:25 PDT
By the end of 2018, the BOJ’s balance sheet even topped the size of Japan’s $5 trillion of annual gross domestic product. That, as they say in central-banking circles, is the point of no return.
Job losses at fastest rate on record as economic recovery from first lockdown loses steam...
The ECB Hinted at More Monetary Stimulus, Analysts Expect It to Go All InOct 30, 2020 - 05:12:03 PDT
“ECB President Christine Lagarde sent a crystal-clear message that: further stimulus will be announced in December, and there will be a package of measures,” Marco Valli, head of macro research at UniCredit, said in a note.
The European Central Bank is getting ready to unleash even more stimulus, warning on Thursday of clear risks as the region's two biggest economies once again impose sweeping restrictions in an effort to curb the resurgent coronavirus.
Think your health and the common welfare is the top priority of your national health managers? Think again.
Gold has begun a new bull market and is set to continue to trend higher...
The coronavirus has infected more than 44.58 million people globally, killing at least 1.17 million people so far.
How can a person protect his or her wealth from the multi-faceted risks that lie ahead?
Precious metals are still technically in a short-term downtrend until the consolidation finishes, but they have great potential for the future...
We could see a temporary bounce, followed by a MAJOR SLIDE after the election. Here's why...
The Energy Cliff is now impacting the financials of the world's largest oil companies. While it was slow at first, it is now picking up speed. Even though Royal Dutch Shell posted a small profit during the third quarter, the company added another $10 billion to its long-term debt...
Yes, they are likely to be volatile. But they also both have wild secular bull markets ahead of them. And that's way more important than any differences.
This headline, "Now that Indictments Have Outed Gold Manipulations at JPMorgan, UBS says "Buy Gold"" grabbed my attention...