Precious metals are apparently waking up. And here is where you can find the best deals.
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"As inventory piles up due to this lack in demand, even more landlords will need to make rent cuts, and rents will likely drop even further."
CEO of Major Asian Bank Says ‘A Big, Big Challenge’ Is Looming for the Global EconomyJul 20, 2020 - 05:03:11 PDT
Piyush Gupta, CEO of Singaporean bank DBS, said many businesses may not survive when governments roll back measures that are currently keeping them afloat.
European Leaders in Deadlock Over Massive Recovery Fund Despite Marathon TalksJul 20, 2020 - 05:01:39 PDT
European leaders will reconvene at 4pm Brussels time for a fourth consecutive day of talks on a recovery fund to deal with the coronavirus crisis.
"gold's quarterly close was at an all-time high for quarterly closes, that suggests the market is going to make a new all-time high..."
Jamie Dimon’s Warning for the U.S. Economy – Nobody Knows What Comes NextJul 20, 2020 - 04:58:17 PDT
In a worst-case scenario where the virus surges further in the fall, forcing another round of widespread shutdowns, unemployment could peak at roughly 23%, the bank said.
Virus Surge and New China Tensions Could Spark a 20% to 30% Market Meltdown: Yardeni WarnsJul 20, 2020 - 04:54:39 PDT
Yardeni Research's Edward Yardeni is getting cautious on stocks for the first time since the March 23 rebound.
‘There Is No Alternative,’ S&P Says Governments Must Spend to Support Coronavirus-Hit EconomyJul 20, 2020 - 04:44:34 PDT
Many governments have announced large amounts of fiscal support in the wake of the pandemic. But some countries, including the U.S., have shown “a degree of fiscal fatigue,” said Shaun Roache, chief economist for Asia Pacific at S&P Global Ratings.
The coronavirus has infected more than 14.5 million people around the world as of Monday, killing at least 606,200 people.
Martens weights in on deep problems in the economy and the Covid 19 crisis and says, “The mainstream media (MSM) press has blood on their hands for failing to take a neutral position on this stuff,”...
Propaganda is very abundant in America. When it comes to money, Americans are expected to never contemplate a single thought about gold as...
"buy the pullback"
"Targets on the downside for Gold are “at least” 1750—possibly 1670, worst-case the 1400s—before we..."
Higher inflation could increase the demand for gold as an inflation hedge. On the other hand, the rebound in inflation could theoretically push the...
Gold is the money of the marketplace that always ends up trumping the fiat money of governments. Gold will outlast The Fed, and the time to start thinking about it is now!
Silver has been gaining on gold and over the past two weeks, since the beginning of Q3, it has put in an impressive performance.
Gold, Silver Futures Settle Higher to Tally a Sixth Weekly Gain in a RowJul 17, 2020 - 12:53:50 PDT
Gold futures on Friday registered a sixth weekly gain in a row, buoyed by a combination of rising expectations for additional fiscal stimulus in Europe and...
Jul 17, 2020 - 12:34:19 PDT
What will the world look like when the pandemic is eventually brought under control? It’ll have a lot more debt and a lot less income.
"The gold standard isn’t perfect. No system is. But it has many virtues. A strong case can be made that it’s the best of all feasible institutional alternatives. As my dissertation adviser, Lawrence White, puts it: The gold standard is still the gold standard among monetary systems." ~
Fed Opens $600 Billion Main Street Program to Colleges, Hospitals and Other NonprofitsJul 17, 2020 - 11:50:01 PDT
The decision to expand the emergency lending program, announced Friday, underscores concerns about the huge toll the health crisis is taking on a critical sector of the economy that employs millions of Americans.
New tax revenue data released by the Treasury Department on Monday shows that tax revenue further worsened in June (compared year over year) from May's already cratering total. On the plus side, neither May nor June has returned to April's historic plunge in revenue.