Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
S&P 500 futures rose slightly Monday morning as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington.
Jay Powell has mounted an more and more forceful case for extra fiscal stimulus within…
Goldman Sachs has recommended short-positions against the U.S. dollar, arguing that the risks arising from vaccine trials and the U.S. election are skewed to the downside for the greenback.
China’s policy makers acted to restrain a rally in the yuan by removing rules that made betting against the currency expensive.Financial institutions will no longer need to set aside cash when purchasing foreign exchange for clients through currency forwards, effective from Monday, according...
Be Prepared: A Return to Normal Is Still a Long Way Away, Warns Banking Billionaire Jamie DimonOct 12, 2020 - 05:16:29 PDT
For those of you expecting the world to return to some sense of normalcy by the time 2021 rolls around, the JPMorgan Chase boss has a message:
A rare regime-change in economic policy is under way that’s edging central bankers out of the pivotal role they have played for decades.Fiscal policy, which fell out of fashion as an engine of economic growth during the inflationary 1970s, has been front-and-center in the fight against...
In just a few months, the U.S. economy reeled from COVID-19. As real change in GDP suffered, which states and industries were the hardest-hit?
Digital Tax Conflicts Could Wipe More Than 1% Off Global GDP Every Year, OECD WarnsOct 12, 2020 - 05:03:54 PDT
The OECD has warned that countries need to come to an agreement over digital tax or risk damaging the global economy further.
Alex Saunders, respected crypto expert, explains Bitcoin/blockchain/distributed ledger technology to us in plain layman's English
China Hands Out $1.5 Million of Its Digital Currency in One of the Country’s Biggest Public TestsOct 12, 2020 - 04:57:41 PDT
China has started one of the biggest real-world trials for its digital currency as it pushes closer toward creating a cashless future.
The new coronavirus may remain infectious for weeks on banknotes, glass and other common surfaces, according to research by Australia’s top biosecurity laboratory that highlights risks from paper currency, touchscreen devices and grab handles and rails.
WHO Flip Flops: Urges World Leaders To Stop Using Lockdowns To Fight COVID ContagionOct 12, 2020 - 04:47:44 PDT
“We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus,”
After WHO Flip Flop, Former FDA Chief Says No Reason For Another Round Of Lockdowns In USOct 12, 2020 - 04:47:44 PDT
“We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus,”
RAMPING UP OF GLOBAL GEOTHERMAL ENERGY PRODUCTION: Totally Irrelevant As A SolutionOctober 12, 2020
The world seems to be placing its energy future on the so-called "Renewables," with Geothermal as one of the GREEN ENERGY solutions. Unfortunately, geothermal energy production is totally irrelevant in the face of the dire energy consequences coming our way. But, that doesn't keep the industry from bragging about...
The Fed risks that inflation will get out of control...
Precious Metals Update Oct 11th & Why Is The U.S. Mint Increasing Silver Eagle Prices to $67October 11, 2020
In this week's precious metals update, I explain what's in store for the gold and silver prices over the next few weeks. Also, we heard a lot of news last week that the U.S. Mint increased the price of its 2020 Silver Eagle to $67. I discuss why the U.S. Mint...
Silver could reach $500 over the next ten to twenty years?
PRECIOUS METALS & MARKET UPDATE: Fed's Digital Dollar Policy Impact On Gold & SilverOctober 10, 2020
While the precious metals enjoyed a nice rally on Friday, we may still see lower prices before setting up for the next leg higher in 2021. It all depends on the U.S. Dollar Index. Even though the U.S. Dollar has fallen lower, there still may be a bounce higher before...
"Gold prices skyrocketed … after the White House blinked first over the stimulus deadlock,” said Ed Moya, analyst at New York’s OANDA. “Gold looks like it will benefit from a stimulus deal before the election.
In June, Jeff Clark, senior precious metals analyst at Goldsilver.com, recommended that investors be overweight in gold. Although market volatility has picked up, he said he hasn't seen anything that has changed his bullish outlook in his latest interview with Kitco News.