Precious metals are apparently waking up. And here is where you can find the best deals.
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Americans who've lost a job or seen a reduction in take-home pay have barely any savings to stay afloat. That could be bad news as financial relief dries up without more coming soon from Congress.
What will the global currency reset look like, and would it include bank holidays along with fixing the price of gold at a specific price?
FOMC Minutes Preview: Look For Hints Of Enhanced Forward Guidance And Inflation TargetingAug 19, 2020 - 09:34:09 PDT
The minutes will be parsed to see if there is any emerging consensus on a number of themes, like enhanced forward guidance, inflation targeting, the Fed's mandate.
No one will be left to pay for the poor, who are stuck here, and the city will collapse in the transition. A classic failed state scenario.
Aug 19, 2020 - 09:25:50 PDT
It is time for Congress to help the millions of Americans struggling today and create a reliable framework to support them when the next emergency comes.
“Projections for a strong, V-shaped trade rebound in 2021 may prove overly optimistic,” the WTO said in a report Wednesday.
The Coming Surprise May Be a Counter-Attack by the Forces of Deflation: Ambrose Evans-PritchardAug 19, 2020 - 08:58:14 PDT
Central banks are low on usable ammo and will struggle to create any inflation, unless they escalate to the next stage of fiscal dominance.
Hedge funds turned bearish on the dollar for the first time since May 2018, an indication that a summer slump in the world’s reserve currency will be prolonged.
Most analysts agree the Fed is not expected to indicate any new monetary stimulus initiatives, but could make a change in its approach to inflation.
The young generations (Millennials and Gen-Z-ers), who contribute most to society based on productivity measure, pay more than anyone else and still face no access to capital to buy home and live properly.
The $20 trillion U.S. Treasury market is giving the Federal Reserve a thumbs-up for its efforts to revive inflation after the coronavirus pandemic threatened to inflict a damaging bout of deflation on the U.S. economy...
Aug 19, 2020 - 07:25:02 PDT
The proposed tax would apply to not just wealthy residents, but anyone who is wealthy who has lived in the state for the last 10 years.
China Was Biggest Dumper Of US Treasuries In June As Foreign Central Banks Resumed SellingAug 19, 2020 - 07:19:11 PDT
...official entities cut their holdings by $20.6bn as private buyers bought $50.3bn
To fully understand our current global monetary system, in which all of the major powers issue unbacked fiat money, it is helpful to learn how today’s system emerged from its earlier form...
Buffett is shorting commercial bank, investment bank, and credit card companies. He compares them to a cube of gold—and finds them wanting...
The dollar struggled on Wednesday, holding a whisker above a 27-month low hit overnight, after a record run for stocks on Wall Street added to pressure on the currency from simmering trade tensions between Washington and Beijing.
In 2008, such self-valuations proved to be unrealistic and banks lost billions of dollars. Level 3 assets have concerned regulators ever since.
A sudden turnaround from record low interest rates last week caused a pullback in mortgage refinance demand.
Some Democrats and Republicans have a "real desire" to reach agreement on a smaller coronavirus relief bill that could be worth around $500 billion, a senior Trump administration official said late on Tuesday.