Gold prices rose to an all-time high Friday as investors sought safety in the precious metal amid rising U.S.-China tensions and lingering fears over the coronavirus pandemic.
The Fed is counterfeiting trillions of dollars. Gold is starting its engines and heading to record highs. Are the ideas of omnipotent government and central planning finally on their way out?
Repos zilch, gone. Dollar liquidity swaps on their way out. SPVs flat for five weeks, but composition is changing. Treasuries edged up by smallest amount all year. MBS rose.
Sclerotic, hidebound institutions optimized for linear stability and permanent growth are simply not designed to adapt to non-linear change and disruption of permanent growth.
The number of outright failures of U.S. small businesses in the first months of the coronavirus pandemic was comparatively modest, but the months ahead look far grimmer as cash balances dwindle, federal help expires, and the disease surges back.
Nearly 12 million renters could be served with eviction notices in the next four months. And in some cities, like New York and Houston, more than a fifth of renters say they have “no confidence” in their ability to pay next month.
In the first week of July, nearly 1.5 million Americans were receiving unemployment benefits from the little-known Pandemic Emergency Unemployment Compensation and Short-Term Compensation programs.
There’s one question Mike Maloney and I have been asked more than any other. It’s a favorite question of interviewers, journalists, and podcasters. It’s a fun topic to discuss, and hints at the excitement that could be ahead for gold and silver.But the nature of the question can be misleading. It draws the focus away from the true value gold can offer.The question is this: How high do you think gold and silver prices will go?
We're very close to something far bigger than 2008...
“We continue to be bullish on gold, believe that gold will make a new all- time high in US$, and that gold will make new all-time highs in all currencies,” states a recent report from Wolfe Research.
But the direction of travel is the same. “It is only a matter of time” until gold reaches a record high, Citigroup Inc. analysts said in a report this week. Gold bugs can rejoice that the smart money of sovereign funds and central banks is with them. The cheerleaders for equities may want to think again.
The time has come. Today the price of gold briefly rose above its all-time record closing price of $1,891.90 per ounce, set in August 2011. Once the precious metal breeches the important $1,900 resistance level, I believe the sky's the limit.
The Stealth Bull Market In Gold Has Begun - Incrementum Advisory Board Q3/2020 - feat. Special Guest Jesse Felder...
The Stealth Bull Market In Gold Has Begun - Incrementum Advisory Board Q3/2020 - feat. Special Guest Jesse Felder...
The ratio of companies with insider buying compared to insider selling is at 0.27 in July, the lowest level since at least 2007, according to Washington Service.
Gold’s gains are everywhere these days! Everything has changed for the positive in precious metals!
People love gold!It is well known for its use as money and jewelry. But over the years, people have found some truly odd uses for the yellow metal.
As the Fed and central banks continue to prop up the global economy with massive monetary stimulus, investors are just beginning to move into the precious metals to protect wealth.
"We have an agreement in principle on the shape of the package," McConnell said about the coronavirus relief plan.
With millions of Americans not paying their housing costs in July, moratoriums on evictions put in place early during the coronavirus pandemic are expiring. While landlords may be sympathetic to tenants' needs, communities face hardships when rent goes unpaid.