Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Oct 1, 2020 - 04:31:34 PDT
At stake are the jobs of close to 50,000 pilots, flight attendants, baggage handlers, counter agents and other airline and airport personnel.
CDC Extends Ban on Cruising Through October After White House Reportedly Overrules Longer ExtensionOct 1, 2020 - 04:27:16 PDT
Executives of the cruise companies and the industry trade group are planning a meeting at the White House on Friday, CNBC's Seema Mody reported.
The coronavirus has infected more than 33.7 million people globally as of Wednesday, killing at least 1 million people so far.
There is a technical cycle that is taking place...
Breakdowns & Invalidations: Gold & Silver Probably Decline Significantly In The Following WeeksSeptember 30, 2020
Gold has clearly invalidated its move above 2011 highs, and the outlook for silver remains bearish with a critical breakdown...
The notion that silver is just an "Industrial Metal" was utterly destroyed today as both the copper and oil prices were crushed as silver surged higher. This is precisely what I was looking for as a positive sign showing that silver is now disconnecting itself from the INDUSTRIAL METAL BALL & CHAIN...
Gold markets have fallen a bit during the trading session on Wednesday to kick off the session but has seen buyers jump in and push it back towards the $1900 level.
Pelosi, Mnuchin Fail to Reach Stimulus Deal but Will Continue Talks as House Pushes Ahead With VoteSep 30, 2020 - 12:26:12 PDT
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to strike a coronavirus stimulus deal during a more than 90-minute meeting Wednesday. This story is developing. Please check back for updates.
Near Zero Interest Rates May Be Needed for Up to 3 Years, Says Dallas Fed’s Robert KaplanSep 30, 2020 - 12:03:07 PDT
"Obviously, we're doing extraordinary actions, not just the Fed funds rate ... but we need to because it's a crisis," Dallas Fed President Robert Kaplan told CNBC.
Even without data from the month of September, the Treasury Department reports total federal spending exceeded $6 trillion for the first time.
Stocks Slide After McConnell Says "Very, Very Far Apart" On Stimulus BillSep 30, 2020 - 11:36:24 PDT
"We are very, very far apart"
(Bloomberg) -- Mortgage-backed securities are on track for their worst September performance in five years despite massive support from the Federal Reserve.As of Tuesday’s close, the Bloomberg Barclays U.S. MBS index month-to-date excess return versus Treasuries stands at -0.18%. That would be the worst
Senate on Track to Vote on Stopgap Bill to Prevent Shutdown Ahead of Midnight DeadlineSep 30, 2020 - 11:10:23 PDT
The Senate is on track to vote Wednesday to approve a stopgap spending bill in order to avert a government shutdown just hours before a midnight deadline when funding is set to expire.
These Cities Are at Risk of a Housing Bubble as Home Prices Inflate WorldwideSep 30, 2020 - 10:21:32 PDT
Despite a global recession brought on by the coronavirus pandemic, home values around the world continue to rise, with some markets at risk of overheating.
Sep 30, 2020 - 10:16:36 PDT
U.S. airlines are preparing to lay off tens of thousands of workers starting Thursday unless they get additional federal aid, sparking a plea from Treasury Secretary Steven Mnuchin to hold off on the cuts amid signs of progress in talks with Congress.
The best-case scenario is those who love their "great city" will accept the daunting reality that even greatness can go bankrupt.
The U.S. dollar's share of currency reserves reported to the International Monetary Fund was 61.3% in the second quarter, down from the first three months of the year, IMF data showed on Wednesday.
How Has the US Dollar Held Up as “Global Reserve Currency” During Q2 Turmoil?Sep 30, 2020 - 09:50:48 PDT
Declining Hegemony. But still Hegemony.
Powered by Stimulus & Rent/Mortgage Payments “Not Made,” US Trade Deficit Hits Record Worst EverSep 30, 2020 - 09:48:55 PDT
Not a sign of strength, but of big economic distortions.
If banks are not making loans, money is not being created. This explains why, despite the Fed’s massive efforts, inflation has yet to take hold.