Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Going Cashless During Covid Makes Life Even More Difficult for the 14 Million Unbanked AmericansAug 6, 2020 - 05:28:10 PDT
The pandemic has businesses shifting away from cash to 'touchless transactions.' What does that mean for America's 'unbanked,' people who don't have bank...
According to a recent CNBC report, the Federal Reserve is set to make a major commitment to "ramping up inflation."According to the report, the Fed will pivot to "average inflation targeting." With this strategy "inflation above the central bank’s usual 2% target would be tolerated and even desired."
“There are some risks of the market relying too heavily on positive news around the fiscal stimulus and an earnings season that still wasn’t that great, even if many companies did beat.”
Gold prices once again hit new all-time highs Wednesday after breaking the $2,000-per-ounce level for the first time ever this week. Fortunately for precious metal investors, BofA Securities said global economic conditions suggest even more upside ahead.Gold traded at $2,057/ounce on Wednesday, with
Renewed deterioration of the global economy and more lockdowns to prevent Covid-19 from spreading should hit equities but leave gold standing, according to Society Generale...
Stocks slipped on Thursday as investors waited for signs of agreement on a U.S. stimulus package, while the U.S. dollar slumped to a two-year low on fears that the recovery in the world's biggest economy was lagging others.
The Fede may have to adjust its bond-buying programme to adapt to the enormous issuance of long-dated debt lined up by the Treasury department, strategists say. Government bond prices dipped on Wednesday, pushing yields up from close to record lows across a range of maturities after the Treasury outlined…
Trump Says He’s in Favor of Plan to Give $25 Billion More to Struggling Airline IndustryAug 6, 2020 - 04:43:35 PDT
President Trump said he supported a proposal that has gained bipartisan support for $25 billion in additional federal aid for airline payrolls.
White House Threatens Executive Action if It Fails to Reach Coronavirus Relief Deal With DemocratsAug 6, 2020 - 04:40:39 PDT
The White House threatened to act on its own to provide coronavirus relief Wednesday after another day of talks with Democrats yielded no agreement.
Coronavirus Live Updates: J&J Producing 100 Million Vaccine Doses for U.S.Aug 6, 2020 - 04:36:04 PDT
The coronavirus has infected more than 18.8 million people around the world as of Wednesday, killing at least 707,666 people.
Sharply lower real interest rates will provide incentive for physical gold accumulation worldwide. THIS will drive prices higher in the...
You may have heard about 'that time back in 1980 when the Hunt brothers cornered the silver market - that's why silver went to fifty bucks!' It's quite a common story - but it's just not true. Watch this video from Mike Maloney to get his take on what really happened.
Gold, Nasdaq Soar; S&P Just Shy Of All Time High In Mad Dollar-Destruction DashAug 5, 2020 - 13:10:17 PDT
The devastation of the dollar continued apace, with the BBDXY sliding sharply as traders frontrun what now appear to be trillions in fiscal stimulus coming from US congress in 2020 and coming years.
Aug 5, 2020 - 13:00:46 PDT
Gold price hit record highs on Wednesday. George Milling Stanley, State Street Global Advisor Chief Gold Strategist joins Yahoo Finance’s On The Move panel to weigh in on how gold is faring amid the pandemic.
Gold closing above $2,000 was long overdue...
"... Potential demand additions could push silver into a sustained deficit. The last time this happened between 2006 and 2011, the precious metal rallied to $50/oz, a price level we would see within reach this time around as well."
We have three basic ways to counter the destructive consequences of stress.
It is not too late to get positioned for this incredible rally in precious metals if you have not already done so...
Federal Reserve's Daly has said that the economy will need longer period of support due to virus. More to come...