Precious metals are apparently waking up. And here is where you can find the best deals.
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The bottom line is, inflation can spin out of control very quickly. So the Fed is playing with fire if it thinks it can overshoot its inflation targets without consequences. But the Fed can actually cause serious inflation in about 15 minutes if it really wanted to.
Trump and Biden debated for the second and last time in this campaign. So, who will win, and why gold is likely to be the biggest winner of them all?
Mohamed El-Erian, Allianz chief economic advisor, joins ‘Closing Bell’ to discuss the spike in coronavirus cases in Europe and what it means for the U.S. and the global economy.
Financial writer John Rubino says, “2021 is going to be a pivotal year” in the debt markets. Rubino says lots of debt will either be bailed out or defaulted on in some way.
$11Trillion in Stimulus: The Post Covid ‘Zombification’ of Advanced Economies Is Here to StayOct 28, 2020 - 11:12:31 PDT
G20 countries have so far announced stimulus programs worth around $11 trillion.
The public-debt-to-GDP ratio is set to rise to around 140% of GDP across developed economies.
While the Israel central bank’s benchmark rate remains just above zero, the monetary committee last week rolled out special loans for banks, provided they’re used to extend credit to small and micro businesses.
Oct 28, 2020 - 10:34:37 PDT
Head of the central bank’s digital currency research institute acknowledges potential problems with digital yuan, but says these reinforce the need for central bank oversight.
Every trillion dollars the Federal Reserve and American Government injects into the economy adds a massive $3,333 per man woman and child in America. Recently aid packages from Washington alone have put about three times that into the mix. The whopping ten thousand dollar bang dished out for each of us was bound to move the economic needle.
Unemployment insurance varies widely state by state. Those with expiring benefits are in serious trouble.
You hear a lot about how the US stock market is in a bubble. Guess what? The bubble already has burst, says hedge fund honcho David Einhorn.
Oct 28, 2020 - 08:22:47 PDT
Oct. 26: Bridgewater Associates Founder Ray Dalio talks with Yahoo Finance reporter Julia La Roche on the current state of the world, as well as the 2020 election and U.S. monetary policy.
He suggests a very strange asset allocation based on the possibility that the current disinflationary situation due to economic turmoil could turn into a hyperinflation scenario later on due policy responses, including the Fed possibly monetizing the U.S. debt. It is an asset allocation that could benefit in a deflationary or inflationary environment: 25% 30-year Treasury bonds and 25% cash — if deflation — and 25% gold and 25% stocks if inflation.
A PBS documentary that examines the stock market crash of 1929 with interviews from descendants of several Wall Street insiders.
The Correction The Gold & Silver Chart Huggers Have Wrongly Called For Months Is Finally Here! (Or, Flash Smash Sale On...October 28, 2020
There's chaos in the markets and on Main Street, but since the cartel is so kind, that means a flash sale on phyzz instead of a fear trade surge!
“There is still pretty good buying (on the dips). Investors believe in the long term structural positive factors for gold, like high debt, weakening dollar, fears of inflation, COVID-19 situation.”
No central bank wants to admit that it’s out of firepower. Unfortunately, the U.S. Federal Reserve is very near that point. This means America’s future prosperity depends more than ever on the government’s spending plans — something the president and Congress must recognize.
We read a lot about the big-picture impacts of the economic meltdown caused by the government response to the coronavirus pandemic. We hear about the millions thrown out of work, the surge in corporate bankruptcies and small businesses shutting down, and the specter of surging inflation. But how has all of this impacted the average American?In a nutshell, it has been devastating.
As Washington Delays Stimulus, the Fed Appears to Be Running Out of Ways to Help the Actual EconomyOct 28, 2020 - 05:45:30 PDT
While no Fed official ever would acknowledge that monetary policy ammunition is running low, and in fact would insist to the contrary, there appear to be few weapons left in its arsenal...
Suga is seen following former Prime Minister Shinzo Abe’s policy, Abenomics, with instructions on the economic measures and benefits likely to be announced next week.
Oct 28, 2020 - 05:37:48 PDT
The day after Christine Lagarde unveiled the European Central Bank's latest monetary policy decision on Thursday, new figures are expected to show the euro area has fallen for its third straight month of deflation – something it has only done twice before.