GooGold Search
Precious metals are apparently waking up. And here is where you can find the best deals.

Site:

Precious metals news

The W.H.O. backs up the bus again and makes a u-turn on a very crowded information highway and now recommends against country-wide lockdowns.
    Coronavirus Live Updates: CNBC
Oct 14, 2020 - 04:19:11 PDT
The coronavirus has infected more than 37.8 million people globally as of Tuesday, killing at least 1.08 million people so far.
Both US political parties enjoy referring to their horrifying debt and money printing programs as “economic stimulus”. They sound like...
As they say, the Party doesn't last forever.  This is certainly true for the U.S. Shale Industry.  With the U.S. drilling rig count still at near-record lows, the worst is yet to come.  Why?  The shale industry needs a large number of drilling rigs and well completions to offset...
As the pandemic-sired recession persists into 2021, even-lower inflation if not deflation looms.
A number of investors remain bullish on the prospects for the metal in the longer term, amid expectations that wider government budget deficits in the U.S. and other countries will support higher prices for gold and other precious commodities.
After scoring gains during the nearly seven-month stock rally, hedge fund guru Howard Marks doesn't like what he sees ahead.
The economic data is not encouraging, as well. What does all of this mean for the gold market?
Understood properly, inflation is not a general increase in prices but is an increase in the money supply "out of thin air" which brings about the impoverishment of wealth generators.
    The Great California Exodus
Oct 13, 2020 - 12:30:11 PDT
The situation in California has had a snowball effect. Every progressive prescription that has done more harm than good has converted the snowball into an avalanche, leading folks to the nearest exit.
The sudden resignation of Japans Prime Minister Shinzo Abe has led to evaluations of his so-called Abenomics.
    See No Risk: NorthmanTrader
Oct 13, 2020 - 12:10:04 PDT
Amazing times all around. Most astounding perhaps the level of complacency building in markets into the US election and into year end. Most of the market appears to have adopted a see no risk attit…
Economists have come up with every variation they can of applying a letter of the alphabet to the economic recovery. What exactly is a K-shaped recovery?
Everyone knew the second quarter of 2020 was going to be a disaster, and it was. The U.S. economy fell by 31.4% (annualized) in the second quarter.
    Mortgage Rates Crashing With Crashing Money Velocity
Oct 13, 2020 - 11:52:22 PDT
I never thought I would see this. 30Y fixed-rates for mortgages are crashing with crashing M2 Money velocity. Powell’s face is the symbol of failure.
Policymakers' unprecedented response to the global health crisis has contained risks to the financial system, but a prolonged recession or policy missteps could ignite growing vulnerabilities worldwide, the International Monetary Fund warned on Tuesday.
Bankruptcies in the North American energy industry surged in the third quarter as companies struggled with weak fuel demand due to the COVID-19 pandemic, lower crude prices and a dearth of available credit, according to law firm Haynes and Boone.
    Economists Are More Like Storytellers Than Scientists
Oct 13, 2020 - 10:55:32 PDT
Realizing that economics is a lot like fiction helps us better evaluate the claims economists make about the world we all live in.
The performance gap between emerging market currencies and their developed peers has blown out to its widest level in more than a decade as falling interest rates, an uncertain economic outlook and sizeable outflows curb investor appetite.
    Money: Past, Present, Future
Oct 13, 2020 - 10:23:54 PDT
Money’s come a long way, from gold coins to numbers on a computer screen. And the change seems unlikely to stop there, as new types of money like cryptocurrencies get more popular every year. But, does this story end like every other fiat money system?