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Leaked U.S. Government Files Suggest Deutsche Bank Tops List of Suspicious TransactionsSep 21, 2020 - 04:27:03 PDT
Germany's Deutsche Bank appears to have facilitated more than half of the leaked $2 trillion of suspicious transactions flagged to the U.S. government over nearly two decades, reported German broadcaster Deutsche Welle.
Confidential U.S. Government Documents Reportedly Show Banks Moved Illicit FundsSep 21, 2020 - 04:24:01 PDT
Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags about the origins of the money, BuzzFeed and other media reported on Sunday.
"The focus on Jerome Powell will be how much he is going to try to sway the Senate to provide more stimulus," said Stephen Innes, chief market strategist at AxiCorp. More stimulus in the U.S. could lead to a weaker dollar & that would be positive for Gold, he added.
Dow Futures Sink Over 500 Points, Adding to the Market’s 3 Week Losing StreakSep 21, 2020 - 04:16:21 PDT
U.S. stock futures fell sharply early Monday, as uncertainty over the future of the U.S. Supreme Court and the possibility of additional stimulus rattled investors.
More Restrictions Expected in Europe as Coronavirus Spreads Rapidly and Rattles MarketsSep 21, 2020 - 04:13:20 PDT
European countries are likely to impose more restrictions on public life in the coming days, analysts have said, as the number of daily coronavirus infections continues to rise rapidly.
Silver Price & Market Update: Anticipated Correction Took Place But Extremely FastSeptember 21, 2020
The forecasted correction arrived but came with much more force and speed than I anticipated. Once the silver price broke below the Symmetrical Triangle formation today, it continued down below the first support level. However, it seems to be basing above this support level and will likely continue higher...
October is one of the primary months...
SILVER UPDATE & Why Investment, Not Industrial Demand Will Be Main Future Driver Of PriceSeptember 20, 2020
In my newest update, I explain that the silver price trend for the next quarter will depend on what happens over the next 7-10 days. If the U.S. Government comes out with a new stimulus plan, then we are going to see higher silver and gold prices. However, if there...
IMPORTANT SILVER & GOLD MARKET UPDATE: The Next Few Weeks Likely Determine The Price TrendSeptember 19, 2020
What happens to the silver and gold prices over the next few weeks will likely determine their trends for the next quarter. While the fundamentals for the precious metals will continue to get even stronger in the future, we still must consider the short-term technicals and how they impact...
I’ve shared with you a number of times that my three-year price target for gold remains at $4,000. This week, Bloomberg commodity strategist Mike McGlone went even further, calling for $7,000 gold by 2025 as balance sheets at the world’s four biggest central banks continue to expand as a percentage of GDP.
Gold futures finished on Friday to tally a second weekly gain in a row, though prices only scored a modest boost from Federal Reserve policy that signaled a lower-for-longer path for interest rates for the next three to four years.
Sep 18, 2020 - 12:46:01 PDT
This became one of the consequences of the policy chosen to support the country's economy in the times of crisis. To increase liquidity, the Federal Reserve resorted to buying bonds, which allowed the market to be saturate with cash inflows.
FEMA will award almost $13 billion to help rebuild Puerto Rico’s electrical grid system and spur recovery of the territory’s education system—the largest obligations of funding ever awarded," the statement from the White House said,
By and large, the challenges facing the economy have everything to do with central government. Over the last 40 years, as the Fed and the Treasury colluded to rig the financial system in totality, wealth has become ever more concentrated in fewer and fewer insider hands.
Sep 18, 2020 - 11:42:34 PDT
The Fed has tried to splice out price inflation into so-called Sticky prices and Flexible prices. Sticky prices are those that don’t change that often whilst flexible prices do.
Those who don't see the fragmentation, the scarcities and the battlelines being drawn will be surprised by the acceleration of the unraveling.
As the Federal Reserve commits to keeping interest rates at 0% until 2023, investors are noticing the negative yield after inflation is factored in...
Please consider The Fed Must Weigh What’s Feasible Versus Desirable, a Bloomberg op-ed by El-Erian.
Wall Street banks are losing confidence that Congress will soon provide a rescue for states and cities that have seen tax collections tumble because of the recession.
When gold pushes past $2,000 per ounce toward $3,000 per ounce, that’s your signal that inflation in the price of everything else is not far behind. Don’t wait until that happens. Buy your (physical) gold now while it’s still affordable.