Precious metals are apparently waking up. And here is where you can find the best deals.
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The Fed could allow inflation to accelerate above its 2% goal if has underperformed it in the past, said Dallas Fed President Robert Kaplan.“I would be willing to see inflation run moderately above 2% in the aftermath of periods where we’ve been running persistently below,”
Note that Boston Fed President Eric Rosengren says "The Recovery is Losing Steam" That what happens when free money runs out. But the debt did not go away. Losing steam was a given: Hello. There is No Magic Money Multiplier.
Fired up by Stimulus Money & Debt Deferrals, Americans Went Shopping. But Where?Aug 14, 2020 - 12:35:25 PDT
In 12 Whiplash-Inducing Charts.
Chart Of The Day: Is China About To Unleash An Inflationary Tsunami In The USAug 14, 2020 - 12:22:25 PDT
No matter who wins the US presidential election in November, 2021 promises to be a very "hot" year indeed.
On Thursday, the Treasury department struggled to offload $26bn of 30-year bonds at record-low interest rates. Instead, the bonds…
The U.S. push to fire up its economy in the middle of a pandemic remained stalled last week with signs the lapse of emergency unemployment benefits and business grants may have begun taking a toll.
El-Erian Warns Faith In Central Banks Has Enabled "Price Overhsoot" In Big-Tech Stocks & "Bipolar" GoldAug 14, 2020 - 11:24:44 PDT
Investors are treating an ever growing number of traditionally risky assets as low risk, or even hedges against risk... lulling politicians and central bankers into believing that the market cycle has been conquered... it hasn't!
Gold is a difficult call right now. One more move down?
Aug 14, 2020 - 10:56:22 PDT
What happens if The Fed and other central banks stop printing? Happy becomes unhappy if the massive bubble bursts.
Repos at $0. SPVs fell for sixth week. Dollar liquidity swaps fell for 9th week. MBS unchanged for 3rd week. Treasuries rose.
As Silver Trades Near Seven-Year Highs, Here’s Why Investors Continue to Pile InAug 14, 2020 - 10:16:44 PDT
But the fact that the silver price is still only halfway to its record high of over $48 in April 2011, while gold has already topped previous records, is helping attract investors to the former, he said.
Bernie Sanders wants to steal Elon Musk’s beer - but why? Join Mike Maloney as he delves into a recent bill proposed by Sanders, the knock on effects may surprise you.
"Democrats Are Holding This Up!" - Trump Rages After Ordering Mnuchin To Send $3,400 To US FamiliesAug 14, 2020 - 09:37:54 PDT
"I am ready to send more money to States and Local governments to save jobs for Police, Fire Fighters, First Responders, and Teachers. DEMOCRATS ARE HOLDING THIS UP!"
"Equities Go Parabolic": The Fed Has Put The Market Into A Positive Inflationary Feedback LoopAug 14, 2020 - 09:35:19 PDT
After all, if we brush off our Econ 101 textbooks, inflating is one way out of a debt bubble.
he seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994.
Congress Fails to Reach Stimulus Deal, Leaving Tens of Millions of Americans Desperate for ReliefAug 14, 2020 - 09:03:39 PDT
Even with millions of Americans desperate for aid, Congress has failed to reach a deal on a second stimulus package. Negotiations might drag on until September.
The US consumers are still spending but they are shifting from high-contact industries to other forms of consumption, Dallas Federal Reserve Bank Pres
Forecasters Lift U.S. Third-Quarter Outlook, but Cut Fourth Quarter and Beyond: Philly FedAug 14, 2020 - 08:38:30 PDT
The outlook looks weaker for growth and job creation in the fourth quarter and beyond, according to a Philadelphia Federal Reserve survey released on Friday.
Here’s Every Gold & Silver Correction in Their Two Biggest Runs, vs. TodayAug 14, 2020 - 08:32:50 PDT
If you’re familiar with Mike Maloney, you probably know he (and I) actually like it when gold and silver prices correct. It gives us an opportunity to add more ounces at a better price.But not every investor likes corrections. For some it’s worrisome. Others want to know why the price is falling. Still others wonder if the correction is over and a good time to buy.
Ho, Ho, Ho, It's NOT Magic. It's just foolish. Debt and deficits are proof.