Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Peter Schiff recently spoke at the "virtual" Los Vegas Money Show and explained why we are near the endgame for the dollar.Peter opened up his talk speculating that the Money Show could be close to the end of its run.I think the money that most people have, or at least what they think is money isn't going to be money much longer."
If the markets are convinced that the Fed is able to contain inflation further down the road, the move will be seen as proactive. On the other hand, if the opposite happens, the Fed plays with fire.
A year ago, Federal Reserve Chair Jerome Powell warned fellow central bankers of the significant risks posed by trade policy uncertainty, and the lack of precedents for monetary policy in the face of those unknowns.
Hitting banks with multibillion-dollar fines grabs headlines, but a Federal Reserve cap on Wells Fargo & Co.’s assets is becoming the industry’s true terror. The wonky sanction devised by the Fed in early 2018 to force Wells Fargo to address a series of scandals is turning into one...
Investors can no longer rely on bonds to help mitigate equity risk because the relationship between assets has broken down, according to Credit Suisse Group AG.
Banks in the eurozone are so awash with cheap cash from the European Central Bank that they no longer want to borrow from each other, in a striking reversal of the signs of stress in money markets in the spring.
Australia’s recession will extend into a third quarter, making it the longest slump since 1982-83, and unemployment remain elevated next year due to a tepid recovery, according to Commonwealth Bank of Australia.
World Bank President David Malpass said that China and its creditors need to participate in coordinated efforts to provide debt relief to the world’s poorest countries.
There’s hardly any question that carries greater weight in economics right now, or divides the financial world more sharply, than whether inflation is on the way back.
Pandemic May Fire Up Japan’s Inflation, Doing What Cenbank Could Not, Economist SaysAug 25, 2020 - 04:19:18 PDT
The coronavirus shock is boosting the amount of money flowing into Japan's economy and may fire up inflation, achieving what years of ultra-loose monetary policy failed to do...
World Bank President David Malpass told Yahoo Finance that COVID-19 will widen the inequality between the world's richest and poorest nations.
Sheila Bair Blasts Fed for Creating Income Inequality, Slams Politicians For Keeping SilentAug 25, 2020 - 04:17:53 PDT
Since its inception, this website has preached that at the root of all evil in US - and frankly any other society which prints its own currency - is the central bank. Month after month, year after year, we have warned that the Fed...
China Agrees With U.S. to Push Forward Implementation of Phase 1 Trade DealAug 25, 2020 - 04:10:43 PDT
China said on Tuesday it agreed with the United States to continue pushing forward the implementation of the bilateral Phase 1 trade deal reached earlier this year during a call between the two countries' top trade negotiators.
Widespread Overconfidence Is Putting Investors in a Dangerous Situation: Invesco WarnsAug 25, 2020 - 04:07:35 PDT
Invesco's Kristina Hooper is worried overzealous investors are getting swept up in market momentum.
The coronavirus has infected more than 23.6 million people across the world as of Tuesday, killing at least 813,265 people.
Why Martians Are Wrong About Gold And The Fundamental Truth Warren Buffett Jumped OverAugust 24, 2020
Men act with purpose. They do not squander their time or resources on pointless pursuits...
Powell Set to Deliver ‘Profoundly Consequential’ Speech, Changing How the Fed Views InflationAug 24, 2020 - 15:30:20 PDT
History will remember Paul Volcker and Jerome Powell as standing on the opposite ends of the inflation canyon, with the former taking desperate actions to try to tamp it down and the latter expected this week to announce an unprecedented effort to crank it back up.
The U.S. Shale Oil Industry is in serious trouble this year, and it will only get worse over the next several years. As I have mentioned many times, the domestic shale oil industry is nothing more than a Ponzi Scheme. While some analysts may not agree with my labeling of...
Can A Bitcoin USB Hardware Wallet Do This? 1000-Year Old Gold Coins Buried In Israel DiscoveredAugust 24, 2020
Spoiler alert: NO!
Volunteers at an archaeological dig find 425 coins, enough to buy a mansion when they were buried.