Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
The rise in Covid-19 cases in countries like France and Spain has increased the risk of new
lockdowns. Governments should understand by now that shutting down the economy is highly
Where are these traders going to locate gold & silver?
Pushing for developing countries to have a greater role in world affairs, Xi said the United Nations could be “more balanced” and called for the “international order underpinned by international law,” the official Xinhua News Agency reported.
The 2020 budget deficit surged passed $3 trillion in August even as the US government continues to borrow and spend at a torrid pace. Since March, the federal government has added $3.3 trillion to the national debt. That is on top of the $1.4 trillion in debt Uncle Sam piled on in the 12 months through February 2020.So, who is buying all of this government debt?There are a lot of buyers out there, but when you boil it all down, the US government wouldn't be able to maintain this level of borrowing and spending without the backstop of the Federal Reserve.
U.S. President Donald Trump on Monday said he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its yuan.
Mark Matthews, head of Asia research at Bank Julius Baer & Co. Ltd. SP BR, discusses emerging market assets and his outlook for the yuan.
Dollar Will Lose Recent Strength and Test Feb. 2018 Lows, Top Currency StrategistSep 22, 2020 - 05:30:34 PDT
Brown Brothers Harriman's Win Thin expects the dollar's losing streak to resume due to the dovish Fed and challenging economic backdrop.
Federal Reserve Bank of St. Louis President James Bullard said the U.S. economy has enough momentum to continue its recovery from the coronavirus slump even if Congress fails to pass additional taxpayer support.
Monday (Sept. 21) looked a lot like March with everything selling off as the dollar rallied. There was a sudden burst of risk-off sentiment due to worries that a spike in coronavirus cases could lead to new economic lockdowns coupled with significant political uncertainty after the death of Supreme Court Justice Ruth Bader Ginsburg. Peter Schiff talked about the big selloff in his podcast, and he thinks there a deeper underlying reason for the sudden volatility. Markets are worried that the Fed and the US government aren't stimulating enough.
He noted continued improvement in conditions, though he said “the path ahead continues to be highly uncertain.”
The federal debt will soar to levels unseen in the nation’s history over the next 30 years, the director of the Congressional Budget Office said on Monday.
Banks are breaking down again. Ari Wald of Oppenheimer shares why he's bearish on the group.
The coronavirus has infected more than 31.32 million people globally as of Tuesday, killing at least 964,839 people so far.
Currency Creation vs. Bullion Production: The Overwhelming Reason to Buy Gold & Silver TodaySep 21, 2020 - 14:17:06 PDT
If you’re anything like me, reading about how much the Fed and other central bankers are grossly diluting their currency baffles you, angers you, and maybe even offends you. It’s maddening—and yet that’s the world we live in at this point in history.But there is a way to protect ourselves. In fact, it is imperative in my opinion that one implement this solution. I don’t like saying I can prove it, but the evidence here is very clear. See what you think…
Gold slumped over 3% on Monday, sliding to its lowest level in more than a month, as a broader market sell-off driven by uncertainty over more U.S. fiscal stimulus pressured the precious complex along with a stronger dollar.
Stock Sell Off Accelerates and Is Expected to Get Worse Before It Gets BetterSep 21, 2020 - 12:34:31 PDT
Stock investors focused on new worries about the coronavirus and economy, selling into a market Monday that was already technically shaken and set for further declines
The Federal Reserve, following an earlier split between banking regulators, took an initial step to rewrite rules for hundreds of billions of dollars in lending and investment in lower-income neighborhoods.
Ex Fed Governor: Coronavirus Impact ‘More Fundamental and Long Run’ Than 9/11, 2008 CrisisSep 21, 2020 - 11:47:51 PDT
The COVID-19 crisis “is going to have a more fundamental and long-run impact on the structure" of the economy, Randall Kroszner explained.
US banks are preparing investors for a prolonged period in which low interest rates are a drag on their profits.
Banks Pile Into Treasurys, Helping to Fund Government Borrowing Spree: WSJSep 21, 2020 - 11:07:40 PDT
Surging deposits and declining lending are driving banks to dramatically increase their holdings of U.S. Treasurys, offering significant support to the bond market at a time of unprecedented government borrowing.