Precious metals are apparently waking up. And here is where you can find the best deals.
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“Extend and Pretend” forevermore?
Around 4.5 million Americans may not be able to find a job for more than six months, while nearly 2 million will need more than a year, a new paper found.
Gold’s unrelenting march higher shows no signs of slowing after a plunge in the dollar swept prices past the previous high set in 2011 and put the metal on track for even bigger gains.
The U.S. dollar’s decline may be just getting started, according to a widely-watched technical indicator. The Bloomberg Dollar Spot Index, which tracks the greenback against 10 of its major pe…
Gold, silver and the miners will be going a lot higher as the Fed prints more, lets inflation run hot and tries to bailout US corporate bonds and...
Jul 27, 2020 - 07:48:49 PDT
While the US Federal Reserve’s aggressiveness in easing financial conditions has succeeded in halting a further decline in the US economy, companies could still go bankrupt.
Jul 27, 2020 - 07:37:24 PDT
The Fed may have acted with good intentions, but as Grant put it, investors aren't really concerned with "motives or necessity." All that really matters is outcomes. The outcomes won't be good.
The low and high ticks in gold were recorded by the CME Group as $1,880.50 and $1,904.60 in the August contract. The August/October price spread differential at the close on Friday was $12.60... October/December was $15.10 -- and December/February was $10.60.
A pullback can happen at any time, including now, but the fundamentals for further advancement: monetary printing, COTs, and of course faith in central banks are firmly in place.
...adding fuel to a sell-off that sent the Bloomberg Dollar Spot Index tumbling more than 3% this month. The gauge is poised for its worst July since 2010.
Federal Reserve officials meet Tuesday and Wednesday, facing growing doubts about the prospect for a sustained economic rebound due to the nation’s uneven public-health response to the coronavirus.
Peter Schiff did a live show with Anthony Pompliano on Sunday to talk about gold, silver, bitcoin and crypto.Known as "Pomp," Pompliano is co-founder and partner at Morgan Creek Digital, "a multi-strategy investment firm focused on providing access to blockchain technology and digital assets."At the time of the recording, gold had just broken its all-time record.
Gold Hits All-Time Record High ($1941.90) And Silver Price Tests $25 As All Of The News Is BAD, Badder, Or DOWNRIGHT HORRIBLE!July 27, 2020
All the news is bad news, and it's bad news for everybody, except for holders of gold & silver, that is…
Something BIG happened to silver this week. Due to certain positive indicators, I believe silver is now in a new Bull Market. It has been seven long years since the silver price was $23. And with the current momentum, we may see another leg higher this week.
The Message Behind Gold’s Rally: The World Economy Is in Trouble. BofA raises Gold target to $3000Jul 27, 2020 - 05:22:38 PDT
Analysts have been predicting huge upside for gold for several months. In April, Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce.
Gold prices could surge beyond the $2,000 level this year as economic and geopolitical uncertainties lead to a rush for safer assets, analysts predicted.
Gold Prices Surge to Record High Amid Coronavirus Worries, U.S.-China TensionsJul 27, 2020 - 05:18:12 PDT
Gold prices touched record prices on Monday morning in Asia as worries over issues such as the coronavirus pandemic as well as U.S.-China trade tensions weighed on investor sentiment.
Gold broke through $1,900 on Friday morning and kept pushing upward, setting an all-time record during Asian trading hours on Monday.Gold was trading as high as $1,944 an ounce early Monday.The previous record price for gold came in the third quarter of 2011 at just over $1,920 an ounce.
Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings.
Secretary of State Mike Pompeo's landmark speech at the Nixon library on Thursday marked the most robust call-to-action yet against the Chinese Communist Party.
A decision by European leaders to issue joint debt to finance coronavirus aid for weaker member states should remain an exemption and not serve as a blueprint for future budget challenges, Bundesbank President Jens Weidmann said on Sunday.