Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
The chief investment officer of currency manager A.G. Bisset believes the U.S. currency will plunge 36% against the euro over the next year or so, taking it to levels it has not seen in more than a decade.
Americans Are Spending Less at Grocery Stores as Second Round of Stimulus Checks Remain on HoldAug 31, 2020 - 12:22:35 PDT
Grocery shoppers are cutting back on spending, data show, a sign that Americans are hurting for cash as the federal unemployment stimulus remains on hold for most recipients.
This is only a deferral — not forgiveness of the tax owed.
The collapse in real interest rates to below zero means the U.S. government is being paid to borrow and spend. This is obviously rare, but that doesn’t mean the situation will soon reverse. Absent a low probability event like mass civil unrest or a balance of payments crisis...
U.S. sanctions and a collapsing oil industry are prompting Venezuela to step up its push into gold mining, including in protected areas of the Amazon.
The Fed has tried to rescue both the financial system and a large proportion of U.S. corporations. We fear of the consequences.
One of the fundamental theories of modern economics may have finally been put to rest.
John Velis of BNY Mellon Markets expects the U.S. dollar to trend weaker on the Federal Reserve's new inflation average targeting. He also expects the November elections to add volatility to the dollar.
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold.
Aug 31, 2020 - 10:02:30 PDT
Central banks are facing a serious predicament. After decades of ongoing accommodative monetary policy, the world is now sitting at record levels of debt relative to global GDP. In our view, there has never been a bigger gulf between underlying economic fundamentals and security prices.
No one expects the Federal Reserve’s policy shift will boost growth right away. The pandemic is devastating broad swaths of the economy. But once the crisis recedes, the central bank will rely on economic stimulus tools that may be less powerful today than they were when the Fed used them last decade.
Aug 31, 2020 - 09:51:29 PDT
While the COVID-19 pandemic is an unpredictable factor, the researcher finds the protests and social conflicts spilling into American streets happen at regular intervals throughout history.
The jobs report comes out on Friday. Where is the unemployment rate headed?
My best guess is around 20 million people are solely reliant on pandemic assistance. Of them about 6 million have no money coming in at all.
GM Resorts International and Stanley Black & Decker Inc. recently told some employees furloughed at the outset of the coronavirus pandemic that they wouldn’t be put back on the payroll.
Deflation of the Citizenry's Hard Assets Will Be a Huge Buying Opportunity for Insider'sAug 31, 2020 - 09:16:19 PDT
The gravy train will have to stop at some point, but right now the global elites have pushed their chips on to the U.S. dollar and stocks.
The United States' economic recovery from the coronavirus-caused crisis "is happening" but it will take "a lot longer than people expected," Federal Reserve Bank (Fed) of Atlan...
A gauge of global stocks retreated from record highs on Monday but remained on track for a fifth straight month of gains while the dollar remained listless as investors adjust to the policy shift outlined by U.S. Federal Reserve Chair Jerome Powell last week.
A gauge of global stocks retreated from record highs on Monday but remained on track for a fifth straight month of gains while the dollar remained listless as investors adjust to the policy shift outlined by U.S. Federal Reserve Chair Jerome Powell last week.
At 6 a.m. on Aug. 3, Google bought a 6.6% stake in ADT Inc., the largest U.S. home security company, for $450 million. ADT appreciated 100% as soon as the stock market opened. But the headlines detailing the transaction weren't a total surprise because more than a few people...