Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Oct 14, 2020 - 07:12:54 PDT
A decade-long economic expansion did little to narrow the gaps between the United States' prosperous and ailing areas, with thousands of "distressed" zip codes shedding jobs and businesses in a trend that laid the groundwork for the developing "K" shaped recovery from the coronavirus pandemic.
Investor Howard Marks Paints Grim View of Economic Outlook: Stimulus Alone Won’t Cure ‘Down Cycle’Oct 14, 2020 - 07:03:30 PDT
The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that's even...
FUNDAMENTALS DO NOT MATTER to the pre-programmed computers that buy and sell the phony-baloney digital metal derivatives offered on the COMEX...
Fed Clarita Cautioned That the Economic Outlook Is “Unusually Uncertain”Oct 14, 2020 - 06:57:36 PDT
"The global economy is going to look a lot like the U.S. It's going to take some time to recover from this shock," he said.
Sell dollars and buy silver. That's Goldman Sachs' recommendation.Peter Schiff has been warning about a dollar collapse and now the mainstream is even getting bearish on the dollar.
Gold futures aim to rebound on Wednesday after bullion sank below a psychologically significant level at $1,900 and snapped a three-session win streak a day...
After 5 straight months of deflation, US Producer Prices rose YoY in September...
Peter Schiff appeared on Kitco News with David Lin to talk about the investment implications of the upcoming US elections.Peter said he doesn't feel good about the election and that he thinks Biden will likely win. He said the Democrats may even gain control of the Senate. So, what would a Biden win mean for the economy?
The Wall Street Journal’s editorial board published a column last week titled “The Fiscal Federal Reserve,” which admonished Chair Jerome Powell for imploring the U.S. Congress to do more to aid out-of-work Americans, struggling small businesses and strapped state and local governments...
A leading Canadian expert on government-funded basic incomes says the oft-debated idea could have averted much of the economic effects of COVID-19.Evelyn Forget says a basic-income program would have provided help to hard-hit Canadians automatically instead of forcing governments to set up emergency...
Oct 14, 2020 - 05:17:29 PDT
President Miguel Diaz-Canel said last week the country would end up with a single currency and exchange rate with the dollar, but did not specify a rate or the date of devaluation.
About 80% of central banks in a recent survey were looking at implementing CBDCs, and more than half have already started running experimental pilots.
Cyber hacking has now become the biggest threat to investors’ financial well-being,”...
The recent swirl of news surrounding the bank has investors and analysts feeling anxious. It’s even led to a bit of deja vu, with the worry that Citigroup is in for a round of regulatory oversight similar to what rival Wells Fargo...
Trump is more likely than the Democrats to restructure. Either way, a massive inflationary storm is coming, but Americans are more likely to...
Translation:
That is, a green light for stocks (and risk-related assets too) to gain. Fed will be keeping loose policy for some time to come. The Fed is not even thinking about thinking about raising rates they say.
U.S. states saw their tax revenue drop by about $31 billion, or 6%, from March through August, compared to the same period a year earlier, as the pandemic triggered economic shutdowns across the country, according to a data from 44 states compiled by the Urban Institute.
Both banks reported better-than-expected results, but JPMorgan CEO James Dimon said the U.S. needs another coronavirus-relief package.
Time Is Running Out for a Virus Aid Deal That’ll Keep Consumers SpendingOct 14, 2020 - 04:31:50 PDT
Crossmark Global Investments’ Victoria Fernandez believes another round of stimulus is vital to the economic recovery.
Borrowers are clearly used to hearing that mortgage rates set another record low because last week's dip did nothing to spur mortgage demand.