As we get closer to the 2020 election, analysts are starting to look at how various outcomes could affect the markets and the broader economy. Some of them are actually bullish on total Democratic Party control of the government.Why?In a recent podcast, Peter Schiff broke down what the analysts are saying and explains why he believes that the best possible outcome is gridlock.
Gold climbed on Monday as a softer dollar and optimism over a new U.S. stimulus agreement before next month's presidential election lifted demand for bullion as an inflation hedge.
Senior Federal Reserve officials are calling for tighter financial regulation to prevent the US central bank’s low interest rate policies from leading to excessive risk-taking and asset bubbles in the markets. The surge reflects concerns that […]
A New Bretton Woods Moment By Kristalina Georgieva, IMF Managing Director Washington, DC
"By dramatically lifting the markets, the Fed may have caused some people to believe that it will always do so – that there’s a "Powell put" that can be counted on to keep things humming."
Under the effects of the Pandemic, consumers and businesses grapple with their own “Reset.”
Depicted by my 13 whiplash-charts.
The “second wave,” if prolonged, could cause bad loans to almost triple, to €1.4 trillion, says the ECB.
"This set-up of continued low real rates and a widening current account deficit in the US will act as a reflationary impulse for the rest of the world, especially EMs, setting the global economy on a path towards a synchronous recovery in 2021."
China's economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics.
The blame game is not new for those following the Brexit process, but it has resurfaced at a critical time for their future relationship.
Pelosi set the 48-hour deadline on negotiations after speaking with Treasury Secretary Steven Mnuchin on Saturday night for more than an hour.
With the coronavirus widely circulating in the U.S., experts warn the country could be in for a "substantial third wave."
Trust in the system is vanishing fast...
The grim milestone of 40,050,902 confirmed cases on Monday.
The grim milestone of 40,050,902 confirmed cases on Monday.
With the broader markets selling off today and the precious metals being off their highs, I thought it would be a good idea to do Metals & Market Update. I also include charts and information on why silver investment demand, not industrial demand, will be the leading driver of the silver...
"We got the high volume follow through..."
In my newest update, I explain where the precious metals may move over the short term. The technicals show that the metals are more likely to correct lower while the U.S. Dollar moves higher. But, that could change if Congress comes out with a new stimulus package before the election...
Today’s beaten-down US dollar is a major short-term risk for gold...