Precious metals are apparently waking up. And here is where you can find the best deals.
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Precious metals news
Oct 26, 2020 - 09:21:21 PDT
Have you ever wondered why the inventory of existing home sales have crashed since the housing bubble of the early/mid 2000s? If I overlay the median price of existing home sales with low inventory…
There’s a housing shortage until there’s suddenly a housing glut: see San Francisco et al.
Only Treasury securities and mortgage-backed securities (MBS) are still active.
Bankruptcy filings are surging due to the economic fallout of Covid-19, and many lenders are coming to the realization that their claims are almost completely worthless.
Dollar-denominated debt in emerging markets has risen past $4 trillion for the first time following a surge in issuance during the COVID-19 crisis, data from the Bank for International Settlements (BIS) has shown.
'While the price of an ounce of gold in dollars is at historical highs, the price is actually very low relative to history when you compare gold to the competition: paper currency cash and other assets.'
It's still uncertain how the presidential election will shake out. However, if Democrats sweep Congress and the White House, an overhaul of taxes on the wealthy could be around the corner.
he belief that central banks printing currency can "buy/fix" everything that's broken, lost or scarce is the ultimate in denial, fantasy and magical thinking.
One of the arguments supporting the health of the consumer is that debt-to-income ratios are at 40-year lows. But it is an illusion due to the wealth gap.
... as inventory improved...
Do you have a flashlight, spare batteries and some duct tape stashed away for home emergencies like power outages or hurricanes? Of course you do. How about 100 ounces of silver coins? If not, you should.
* Rise in Asian physical demand to further support gold - analyst * Chinese car sales to buoy platinum, palladium - analysts * Interactive graphic tracking global spread of coronavirus:...
If we simply average the performance of the past two bull markets and extend the new bull market on that basis, we would expect to see prices peak at $14,000 per ounce by 2026.
It’s Been Years Since Investors Have Been This Fearful of a Stock Market Crash: Robert ShillerOct 26, 2020 - 05:34:49 PDT
Robert Shiller, a Nobel Prize-winning economist and Yale University professor, urges investors to take a cautious approach to the top-heavy stock market in a recent op-ed for the New York Times.
Spot gold fell 0.2% to $1,897.71 per ounce by 0908 GMT, after hitting $1,890.19, its lowest since Oct. 15. U.S. gold futures fell 0.3% to $1,900.50.
The U.S. Could Be Looking at ‘Severely’ Limited Growth Even After the Pandemic: BridgewaterOct 26, 2020 - 05:28:00 PDT
Bob Prince, co-chief investment officer of the world’s largest hedge fund at Bridgewater Associates, shared his outlook on the global economy with Bloomberg TV.
Mortgage rates dipped to another all-time low in the week ending 22nd October. Expect COVID-19 and U.S politics to continue to influence in the week.
Rates traders are starting to question the big short position that’s built up in long-maturity Treasuries on the expectation of a Democratic sweep in next month’s U.S. elections.
For decades, the world economy relied on central bankers and finance ministers to pull it out of crisis, on the basis that if you pump the right amount of money into an economy, a recovery will eventually follow.
US House Speaker Nancy Pelosi and the White House traded blame for the latest stall in negotiations on a new coronavirus stimulus as pessimism built at the Capitol that anything could be accomplished before Election Day.