Precious metals are apparently waking up. And here is where you can find the best deals.
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All of the trading activity dictating this sell-off in gold & silver is occurring in the paper derivative markets. It has nothing to do with the...
DETAILED REPORT INCLUDING ETHANOL STOCK ANALYSIS: The Corn Ethanol Industry Turning Gold Into LeadSeptember 25, 2020
U.S. Corn Ethanol Industry is such a lousy business, the largest producer in the country tried to sell its ethanol division in 2016, unfortunately, with no luck. However, this didn't stop ADM, Archer Daniels Midland, from attempting the same thing early this year. And, with the global pandemic mucking things...
Deep in the heart of the U.S. midwest, the Corn Ethanol Industry's alchemists are busy at work turning gold into lead. It seems the mad scientists have discovered a way to use technology to convert high-quality energy into billions of gallons of super-low EROI corn ethanol. Last year...
"...a short-term bounce in stocks and PMs from oversold levels before falling again in the period just before and after the elections..."
Anyone remember when our money was backed by gold? Now they say, “Federal Reserve Note”; called fiat currency.
Though new gold mines are still being found, discoveries of large deposits are becoming increasingly rare, experts say. Some experts believe we may have hit "peak gold" production in our pursuit of the precious metal.
House Democrats Prepare New $2.4 Trillion Stimulus Plan With Unemployment Aid, Direct PaymentsSep 24, 2020 - 12:37:48 PDT
House Democrats are preparing a new, smaller coronavirus relief package expected to cost about $2.4 trillion as they try to forge ahead with talks with the Trump administration, a source familiar with the plans said Thursday.
These fears already have tangible consequences: they pushed down business sentiment more in this month’s Oxford survey than hard data justified. “Our analysis suggests that financial crisis fears account for much of the gloom,” said Jamie Thompson, the poll’s lead economist.
How undervalued is silver? We all know that something just doesn’t add up with the markets, but take a look at the chart that Jeff Clark presents in today’s roundtable video and you’ll see why even Mike Maloney was blown away.
Stock Rally Reverses On Report There Are "No Talks" Scheduled Between Mnuchin, PelosiSep 24, 2020 - 11:49:06 PDT
"No talks scheduled at this time between @stevenmnuchin1 and @SpeakerPelosi on covid relief"
Markets have run into trouble in September and 3 major problems have emerged and unless these problems are solved markets may have to contend with the distinct possibility of having topped for now.…
The St. Louis Fed president cautioned that downside risks remain substantial and things could go wrong.
China doesn’t have a nuclear option. But it does have one very powerful weapon. Will it use it? Here’s an even more important question: Do you own gold to protect your wealth in these uncertain times?
Sep 24, 2020 - 09:31:48 PDT
Treasury Secretary Steven Mnuchin said Thursday that he and Speaker Nancy Pelosi (D-Calif.) have agreed to revive negotiations over a stalled follow-up coronavirus relief bill.
The exodus out of cities is getting a lot of attention, but the exodus that will unravel our economic and social orders is getting zero attention: the exodus from work.
The number of Americans filing new claims for unemployment benefits unexpectedly increased last week, supporting views the economic recovery from the COVID-19 pandemic was running out of steam amid diminishing government funding.
A parade of Federal Reserve officials Wednesday stressed that more fiscal stimulus is critical to sustaining the economic recovery, and U.S. stocks tumbled as pessimism began sinking in that Congress would ever deliver a new aid package.
Boston Fed’s Rosengren: Further Qe Could Help Economy, but Not as Much as Fiscal PolicySep 24, 2020 - 08:16:21 PDT
Boston Fed President Eric Rosengren told Yahoo Finance that the Fed could use further quantitative easing to support the U.S. economy if needed.
"A lack of concern for fiscal discipline by both the U.S. Treasury Secretary and a call for persistent, near zero rates by the Chairman of the Federal Reserve suggests that the Federal Reserve and the U.S. Treasury will act in concert to make the new inflation target a reality. It is not a...
The average gold holdings of European central banks surveyed in Reserve Benchmarks 2020 stood at 10.6 million ounces (330 tonnes), versus a global average of 5.9 million ounces. The average holding for non-European countries stood at 1.6 million ounces.