Precious metals are apparently waking up. And here is where you can find the best deals.
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Russian banks increased their holdings of precious metals by more than a quarter during August, taking their reserves to the highest level on record, news site RBC reported Tuesday.
Gold fell for a second straight session on Tuesday as the dollar climbed to a near two-month peak, with investors keeping a close eye on remarks from U.S. Federal Reserve officials on the state of the economy.
Note: We've updated the quiz based on this month's release of Q2 2020 Financial Accounts of the United States (previously referred to as the Flow of Funds Accounts).
Congress is wrangling with what's better suited to help small businesses: the or the Paycheck Protection Program or the Fed's Main Street loans.
House Dems Push to Renew Efforts for Second Round of $1,200 Stimulus ChecksSep 23, 2020 - 05:15:41 PDT
Senate Republicans left a second set of $1,200 stimulus checks out of their most recent relief bill. House Democrats decried the exclusion in a congressional hearing on Tuesday. Here's where both sides stand.
Bank of Japan Governor Haruhiko Kuroda said the central bank was ready to extend its programmes aimed at easing corporate funding strains that expire early next year, as the coronavirus pandemic keeps the economic outlook highly uncertain.
The European Central Bank has urged the EU to consider making its new pandemic recovery fund permanent, as it published data showing that Croatia, Bulgaria and Greece would be the fund’s biggest net beneficiaries.
To hear Federal Reserve officials, politicians and mainstream financial media pundits tell it - there is no inflation. In fact, the consumer price index remains "stubbornly low" according to those who view rising prices as an economic good. But inflation defined correctly is rampant. In fact, it is at all-time record levels.Strictly speaking, inflation is an increasing money supply, and by that measure, it hs set records for five straight months.
The economic recovery in the eurozone took a hit in September after a new rise in coronavirus cases, according to purchasing managers data released on...
House Passes Spending Bill to Avoid Government Shutdown, Sends It to SenateSep 23, 2020 - 04:55:23 PDT
Congress needs to pass spending legislation before Sept. 30 to avoid a government shutdown.
PCR testing for Covid is too flawed to make public policy by, but that's what's happening. The UK is on the verge of a new, second lockdown based on an apparent surge in Covid cases.
Coronavirus Live Updates: U.S. Death Toll Tops 200,000 as Cases Jump in More Than Half of StatesSep 23, 2020 - 04:45:28 PDT
The coronavirus has infected more than 31.3 million people globally so far, killing at least 965,742 people so far.
Another year-end rally is pending, and we are very likely to see prices back near $2050 and $30 by New Year's Eve...
Everything is changing and that includes the slamming of the precious metals price...
The implications for Gold & Silver are VERY BEARISH...
With the recent price action in the silver market, investors are once again concerned about the future prospects of the shiny metal. So, I thought it would be a good idea to provide an update on what I label as "The Long & Short of the Silver Market." Unfortunately, we...
THE INSANITY CONTINUES: Massive Diesel Engines Used To Balance Australia's Renewable Energy FiascoSeptember 23, 2020
How does Australia deal with the terrible and chaotic wind and solar power intermittency problem in its electric grid? How about with massive diesel engines used to power large ships?? Sound crazy? Not in Australia. If a country is going to ramp up power generation with insanely erratic wind and...
Is ‘triple digit silver’ inevitable? How could the price ever go that high? Join Mike Maloney and his guest Keith Neumeyer for an in-depth look at the silver market, and why they both believe that silver is the most undervalued asset on the planet. This is Part One of a two-part discussion, make sure you are subscribed so that you don’t miss Part Two (coming soon).
Federal Reserve Chairman Jerome Powell told the House Financial Services Committee on Tuesday that the expiration of Congress' coronavirus stimulus will weigh on the U.S. economy.
Kudlow's suggestion appeared to mark a deviation from statements made by Fed Chair Powell and Treasury Secretary Mnuchin hours earlier.