Precious metals are apparently waking up. And here is where you can find the best deals.
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The next upside price leg will target $2,250 or higher...
The Fed really wants to create some more inflation, and this week they are going to tell us a little more about how they intend to do it. But what are its chances, and where exactly is that inflation to be found?
The world is past the era of growing crude oil demand, BP said in its annual energy outlook report, which was released today
Sep 15, 2020 - 07:01:44 PDT
The fear among many German economists is that the combination of these policies will create “zombie companies” — firms that should really die and exit the market because of problems unrelated to the pandemic, but that are instead kept alive artificially.
U.K. Employment Picture Worsens in August as Payrolls Fall, Unemployment Rate IncreasesSep 15, 2020 - 06:55:47 PDT
The U.K. jobs market took a step backwards in August, with the unemployment rate edging higher and the number of workers falling.
US industrial production remains down 7.73% YoY and worsened in August...
The Chinese are threatening to dump US Treasuries even as the federal government borrows money at a torrid rate. If the Chinese were to follow through, it could wreak havoc on the bond market and send interest rates surging despite the Federal Reserve's best efforts to hold them down.
When the gold market gets going, things will get stupid...
Gold Prices Try for Back to Back Gains as Metals Investors Bet on Dovish Central BanksSep 15, 2020 - 05:43:05 PDT
Gold futures on Tuesday head higher and aim for a second straight gain as investors await dovish statements from central banks in developed nations that are likely to support bullion buying, experts said.
Some are calling it the “Greater Depression” but that still makes last century’s Depression of the 1930’s the point of reference. The Great Depression of the 1930s was bad, but what we are facing now is worse.
Some are calling it the “Greater Depression” but that still makes last century’s Depression of the 1930’s the point of reference. The Great Depression of the 1930s was bad, but what we are facing now is worse.
As the world reels from the fiscal shockwaves of Covid-19, a new 26-country survey suggests that many people are perilously unprepared for a major economic jolt.
The Federal Reserve this week will hold its last policymaking meeting before the elections as the central bank’s calls for further coronavirus relief fail to shake Congress out of a deepening stalemate.
"...there is no fraud, because on every day in the table (exhibit 3) volume exceeds the difference between the change in..."
Bond investors in three of Asia’s biggest emerging markets are starting to push back against record increases in government borrowing, an ominous sign for policy makers trying to revive economic growth with fiscal stimulus.In India, dwindling appetite for sovereign bonds drove yields to...
Sep 15, 2020 - 05:11:17 PDT
‘We’re bailing out,’ Hong Kong’s property veterans say as they brace for prices to fall...
GDP of ‘Developing Asia’ Set to Contract for the First Time in Nearly Six DecadesSep 15, 2020 - 05:05:16 PDT
Developing Asia, which includes countries like China, Indonesia and Singapore, will contract this year for the first time in nearly six decades, the ADB said.
Rising Debt Is a ‘Very Serious Issue’ That Governments Face, Says Singapore MinisterSep 15, 2020 - 05:03:08 PDT
Governments have done the right thing to increase borrowing and spending to support their slumping economies, said Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for social policies.
The federal government added another $200 billion-plus to the budget deficit in August, pushing the fiscal 2020 budget shortfall to over $3 trillion with one month still left in the fiscal year.Uncle Sam continues to rack up enormous monthly budget deficits. The August shortfall came in at $200.1 billion, according to the Treasury Department's Monthly Treasury Statement, pushing the fiscal 2020 budget shortfall to $3.01 trillion. That's more than double the previous record deficit of 1.413 trillion set in FY 2009 at the height of the financial crisis.
Liquidity Boom Fueled By Record Stimulus Has Ended: Equity Market VulnerableSep 15, 2020 - 04:55:58 PDT
The liquidity boom fueled from record fiscal and monetary stimulus has disappeared. The unwind process will be uneven just as it was uneven on the upside when record stimulus flowed through portfolio, income, and spending channels.