Precious metals are apparently waking up. And here is where you can find the best deals.
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Caesar Bryan of the Gabelli Gold Fund says investors need the yellow metal as an insurance policy against the coronavirus crisis.
The Doctor Is In: Why Owning Gold & Silver Can Improve Your Mental HealthJul 31, 2020 - 12:32:22 PDT
Not many people in the gold community know this about me, but before becoming a gold and mining analyst I worked as a counselor for many years.It was rewarding work, as I’m sure those of you in the helping professions might concur. My business did well, so I suppose I was relatively good at it, too.I attributed my success to one factor in particular over the others. It’s a secret I carried throughout my career that more often than not led to a successful outcome.
Jul 31, 2020 - 11:24:08 PDT
Many questions have arisen as to the effect of this very high level of public debt on the economies,so we will look at the situation in japan, where public debt has been very high for more than 20years.
The US dollar has tumbled the most in a decade this month, propelling sterling and the euro higher amid questions over the recovery of the world’s biggest economy and growing political uncertainty.
Real yields on U.S. Treasuries hit minus 1% on Friday, reflecting investors’ willingness to pay for safe assets as a surge in coronavirus cases threatened the country’s nascent economic recovery.
10-Year Treasury Yield Plunged to Its Lowest in 234 Years, Says Deutsche BankJul 31, 2020 - 11:05:04 PDT
The U.S. bond market's benchmark drop this year is one for the history books.
A group of Republican senators introduced on Thursday a new proposal for a second set of stimulus checks. This time, payments would be $1,000, but would apply to both adults and dependents. A family of four would stand to receive $4,000.
Jul 31, 2020 - 10:51:31 PDT
Before the pandemic, the city's department of social services had 3,500 single adults housed in hotels. Now, more than 13,000 are housed in 139 hotels across the city.
Global Economy: Caterpillar North America Machine Sales Crash Most Since The Financial CrisisJul 31, 2020 - 10:33:09 PDT
Cat's North American sales plunged by a near record 40%, the biggest monthly drop since the financial crisis.
August Gold delivery demand has to be scaring the crap out of the gold shorts...
CLOs are a cousin of collateralized debt obligations, which became notorious for their starring role in the 2008 financial crisis.
The savers are getting restless.Running out of guaranteed ways to get meaningful returns, some people are increasingly being tempted to raid their interest-earning cash savings to load up on assets such as bitcoin, gold and stocks.
There is no shortage of investors shrugging off the latest leg lower in U.S. Treasury bond yields, saying heavy central bank involvement in this part of the financial market make such moves less of a signal that the economy or that equities are headed for trouble.
Seth Klarman said the Fed is treating investors like children and is helping create bizarre market conditions that are unsupported by economic data.“Surreal doesn’t even begin to describe this moment,” Klarman said in a letter to investors reviewed by Bloomberg News.
Major news from Mike Maloney today - in this latest presentation he unscrambles the puzzle pieces of where the next economic disaster may come from. This video is packed with data, be sure to stick with it until the end to see Mike’s conclusions. Thank you as always for watching.
Twenty-twenty has been a miserable year for sports fans. Coronavirus shut down sports back in March, leaving sports junkies to chose between blankly staring replays of 5-year-old football games or actually picking up a book.But we're starting to see signs of normalcy.
As confidence that gold is once again in a sustainable bull market grows and silver’s historical undervaluation makes it look yet more attractive.”
Gold broke its all-time price record on Monday and has held above that level through the week. What is this telling us? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the record-breaking week and what's driving it. He also speculates about where we may go from here. Along the way, he gives an overview of this week's Federal Reserve meeting and highlights some perspectives coming out of the mainstream.
The bankers will do everything in their power to keep gold & silver from rising...