Precious metals are apparently waking up. And here is where you can find the best deals.
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Milton Friedman famously said, “Inflation was always and everywhere a monetary phenomenon.” But Friedman didn’t live through the QE years here in the U.S. and blatantly ignored the twenty plus years of Japanese deflation despite QE and insane levels of money printing during the latter years of his life.
Aug 4, 2020 - 05:44:30 PDT
If the federal government allows key support to expire this week, food insecurity could rise in the country.
Odds Are ’As High That Next Coronavirus Aid Package Won’t Become Reality Until SeptemberAug 4, 2020 - 05:41:35 PDT
As Democrats and Republicans continue their negotiations over another big coronavirus financial aid package, one analyst is cautioning that the next measure...
The Census Bureau’s Grim Take on the Employment Shock During the Pandemic: Not Improving YetAug 4, 2020 - 05:39:07 PDT
Low income earners got crushed. Many high-income earners could work-from-home.
Another Stimulus Check Could Be Coming & 26 Million More People Might Qualify for Cash This TimeAug 4, 2020 - 05:34:50 PDT
If the bill passes with the $1,200 checks included, it could take weeks or months for Americans to receive the payment.
Thomas Barkin joins Minneapolis Fed President Neel Kashkari in the free money call.
When the coronavirus halted the global economy in March, the U.S. central bank lent massively to counterparts abroad. The action—among its most significant expansions of power yet—cemented the dollar’s dominance.
The U.S. Treasury Sees $2 Trillion in Borrowing Over the Rest of the YearAug 4, 2020 - 05:25:01 PDT
The U.S. Treasury Department said Monday it expects to borrow $2 trillion over the rest of the year as the federal government’s takes on debt to finance the response to the coronavirus pandemic.
Expanding loan scheme, cutting short-, long-term rate targets, ramping up ETF buying among options if BOJ were to ease further...
The European Central Bank is committed to supporting the euro zone's economy amid the coronavirus pandemic, using its massive bond purchases as its main tool, chief economist Philip Lane said on Tuesday.
"Rich as an Argentine" was once a common phrase, back when the South American nation was one of the wealthiest in the world. Today, it faces bankruptcy and staggering debt in a saga it can't seem to escape.
Should confidence in the dollar begin to evaporate, all fiat currencies will sink in tandem – as G20 Central Banks are bound by the same policies as the U.S.. China’s situation is complicated.
It's Now Virtually Impossible To Get A Bank Loan As Lending Standards SoarAug 4, 2020 - 05:06:37 PDT
Bank lending standards tightened so much in the second quarter, it is virtually impossible to get a loan. But since demand is also tumbling, who will notice?
Investors Are Dismissing the Risk of an Inflation Spike. Morgan Stanley Says That Could Be a MistakeAug 4, 2020 - 05:02:27 PDT
Morgan Stanley believes the vast sums in fiscal stimulus could push up inflation even though many investors are dismissing the chances of higher consumer prices.
One important thing to understand about gold is that it can be very difficult to value...
The coronavirus has infected more than 18.31 million people around the world as of Tuesday, killing at least 694,700 people.
Gold pushed above its all-time record price last week. Where does it go from here? Peter Schiff and Jim Rickards appeared on Kitco News to talk about gold's trajectory and the possibility of $15,000 gold in the future.Peter opened up the interview saying he's surprised it took gold this long to break its record.A lot has happened in the last decade. We've certainly printed a lot of money."
Will the next decline in gold need to come back to its uptrend support?
Sentiment indicators such as DSI and RSI have us ripe for a disappointment and the reason is simple...
With silver surging another $1.70 today, the NEW BULL MARKET now seems to be intact. Not only did silver jump by another 7% today, gold climbed by more than $41 by the end of trading. Gold closed at a new all-time high of $2020. The primary gold and silver mining companies are also doing very...