Precious metals are apparently waking up. And here is where you can find the best deals.
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There isn’t any urgency for the Federal Reserve to offer more clarity on how long it will hold interest rates near zero at the moment because investors already understand the central bank won’t be tightening for a while, Minneapolis Fed President Neel Kashkari said.
The Bank of England has plenty of room to add more monetary stimulus to fight the U.K.’s economic slump, including negative interest rates if needed, Governor Andrew Bailey said.
One word can move a mountain. Last week US Federal Reserve chair Jay Powell announced that the Fed’s updated policy strategy will no longer worry about “deviations” but only “shortfalls” from full employment so long as inflationary pressures are absent.
French President Emmanuel Macron called on the European Central Bank to keep buoying the euro area through the pandemic, saying the alternative is deflation that would cause “political and social chaos.”
Japan’s Next Leader Faces a ‘Difficult Year,’ After Longtime Prime Minister Abe’s Sudden ResignationAug 31, 2020 - 04:49:04 PDT
Whoever succeeds Shinzo Abe as Japan's next prime minister is set for a "difficult year" ahead, according to Teneo Intelligence's Tobias Harris.
The five largest Chinese banks posted at least 10% year-on-year fall in profits during the first half of 2020 as they set aside more funds for potential loan losses in the coming months.
There is a line of intolerance that, once crossed, will turn the desperate masses against the few benefitting so vastly from today's system.
Coronavirus Live Updates: U.S. Approaches 6 Million Cases as New Infections Rise in More StatesAug 31, 2020 - 04:42:52 PDT
The coronavirus has infected more than 25.24 million people around the world so far, killing at least 846,851 people.
What an interesting day in the markets. Currently, the Dow Jones Index is down more than 200 points while the silver price has enjoyed another nice short-term BREAKOUT. I have been writing articles and putting out videos suggesting that the last trading day of the month, was an important...
The market will finally realize that silver is a better investment when the world's financial bubbles start popping everywhere. This will cause the silver price to reach levels that will make the past $50 record seem relatively insignificant. It's not a matter of if, it's only a matter of when....
They will initially do everything in their power, which is helicopter money, stopping withdrawals, bail-ins, bail-outs, and...
Is China concerned that traders may not have the required upfront physical gold to meet delivery?
The drive for U.S. Energy Independence was based on the country's ability to ramp up shale oil production. For the oil industry to ramp up shale oil production, it had to increase the number of oil drilling rigs. And, so it began. As the drilling rig count increased, so did...
The S&P 500 reached an all-time high this week surpassing 3,500 points. A quite impressive record for the S&P 500 Index in the face of extremely weak economic data along with 27 million unemployed Americans since the global contagion hit in early March. Well, what do we expect when...
Aug 28, 2020 - 13:38:15 PDT
The Fed, the enabler of big government, intends to escalate the counterfeiting of dollars on top of the trillions already created out-of-thin-air. More taxes and higher prices ahead, which makes for more economic heartache for the American people.
Those in favor of Judy Shelton’s approval by Congress, pursuant to her nomination to the Federal Reserve Board Of Governors, should not be surprised by the torrent of criticism directed at he…
The fiscal and monetary stimulus response has been substantial. Rapid action by policymakers seem to have prevented a worst-case scenario. However, these actions are likely to accelerate some of the trends that have been in place for a number of years. These include:
he European Central Bank balance sheet has risen to 53.9 percent of GDP in July 2020. This compares to the 32 percent of the Federal Reserve and 33 percent of the Bank of England.
Improvement in Virus Mortgage Bailout Stalls, as More Borrowers Struggle to Make PaymentsAug 28, 2020 - 12:18:36 PDT
As of Aug. 25, 3.9 million homeowners were in mortgage forbearance programs, according to Black Knight, a mortgage technology and analytics firm.