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Pelosi Says More Aid Directly to Americans Is Needed to Support Economic RecoveryJul 23, 2020 - 04:57:04 PDT
House Speaker Nancy Pelosi told CNBC on Wednesday that additional financial aid to Americans is needed to support the U.S. economy's recovery from the coronavirus-induced recession.
Senate GOP, White House Reach Tentative $1 Trillion Pact to Break Coronavirus Aid LogjamJul 23, 2020 - 04:54:46 PDT
NBC News reports the tentative framework comes amid tension in the party over how to respond to the coronavirus pandemic, which is forcing states to re-evaluate their plans to reopen and to address the growing numbers of cases and deaths.
Coronavirus Live Updates: California Cases Surpass New York, Cuomo Urges Federal Mask MandateJul 23, 2020 - 04:51:56 PDT
The coronavirus has infected more than 14.98 million people globally as of Wednesday, killing at least 617,415 people.
Silver is on the move, China and the USA are saber-rattling, shutdowns are stifling the economies of the world, the Fed has hired a goldbug - the stories just keep on coming. Join Mike Maloney, Jeff Clark, and Chris Martenson of PeakProsperity.com as they unravel the latest news, in this trial of a new video format for GoldSilver.com. Please let us know if you enjoy this clip - and we will look at making this a weekly event. Thank you as always for making us your bullion dealer.
It's a shame that the drive for U.S Energy Independence only lasted for about a year. Even worse, U.S. Shale Oil Industry responsible for the country's energy independence is now in serious trouble as the companies have cut drilling by 75% while they are drowning in debt up to the eyeballs. This is a "No-Win"...
Gold Surges Toward All Time High, Silver Ends at Highest Since 2013 as U.S./China Tensions MountJul 22, 2020 - 12:59:00 PDT
Gold and silver rise further Wednesday, getting a boost after China said the U.S. had ordered it to close its Houston consulate, marking a further climb in...
Deutsche Bank's Top Analyst: "I Am A Gold Bug; Fiat Money Is A Passing Fad In History of Money"Jul 22, 2020 - 12:37:41 PDT
"Gold is definitely a fiat money hedge."
GOP Considers Extending Unemployment Benefit at Reduced Level of $400 a Month Through DecemberJul 22, 2020 - 12:28:44 PDT
Republicans are considering extending the enhanced unemployment insurance benefit at a reduced level of $400 per month through the rest of the year, sources told CNBC.
A financial advisor on three potential future scenarios where buying gold could provide some protection.
Jul 22, 2020 - 11:28:24 PDT
Brainard pointed out that “research suggests that refraining from liftoff until inflation reaches 2% could lead to some modest temporary overshooting, which would help offset the previous underperformance.”
This massive bailout of our state and local governments is not only bankrupting the federal government, it is undermining the future of the nation.
The drop in the US Dollar has been somewhat relentless in recent weeks, with the DXY failing to put up a fight against to curb the selling.
Deepening negative yields in the U.S. Treasury market are fueling a frenetic rally in gold that’s boosting the precious metal toward a record.Bullion has gained 22% this year and is within about $70 of an all-time high. And with five-year Treasuries now yielding -1.15% once the effects...
After two months of what looked like a nascent recovery, the U.S. economy is faltering again. Restaurant reservations, one of the most commonly tracked indicators of local business activity, are stagnating:
New research has directly connected the explosive growth of passive investing to deteriorating corporate performance over the long haul.
By the late 200s AD, the economy of ancient Rome was in serious distress. There was hardly a single year during that entire century without some major crisis– civil war, barbarian invasion, plague…
Senate GOP Weighs Short-Term Extension For Unemployment Aid While Lawmakers Fight Over StimulusJul 22, 2020 - 10:37:40 PDT
This might take a while...
Jul 22, 2020 - 10:00:12 PDT
More than half of the business closures that were temporary when the Covid-19 outbreak began are now considered permanent, according to Yelp Inc.
What does the “Greater Depression” look like? Pento says, “Get ready for stagflation, and that’s what I call the ‘Greater Depression.’ That’s when the real chaos begins. . . . Y
Jul 22, 2020 - 09:14:44 PDT
'Now's not the time to turn off the faucet when, you know, we should be using our strong balance sheet to borrow to stimulate the economy' - California Democratic Rep. Scott Peters