Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
More Than 25 Million Americans Are Set to Lose the $600 Unemployment Boost Next WeekJul 17, 2020 - 11:15:33 PDT
Unless Congress acts, the $600 per week boost to unemployment benefits will be cut off at a time when a record number of Americans depend on that assistance. Roughly 25 million workers are set to be impacted by this benefit loss.
Former Fed Chairs Bernanke and Yellen Testified on Covid-19 and Response to Economic CrisisJul 17, 2020 - 11:12:24 PDT
Following our advice would further increase the already record-level federal budget deficit. With interest rates extremely low and likely to remain so for some time, we do not believe that concerns about the deficit and debt should prevent the Congress from responding robustly to this emergency.
Jul 17, 2020 - 10:46:19 PDT
Corporate bankruptcies are set to soar as companies double-down on debt.
High-flying tech shareholders aren’t the only ones who can boast of record highs. The iShares TIPS ETF — a fund tracking inflation-protected U.S. Treasuries — closed at its highest ever…
The Fed will also attempt to push the inflate rate above its 2% target. It’s a whole new ballgame.
Jul 17, 2020 - 09:21:29 PDT
US Treasury Secretary Steven Mnuchin is pushing for more stimulus checks and President Donald Trump is reportedly demanding payroll tax cut. The reported updates on a second coronavirus check came …
Tom welcomes a new guest to Palisade, Jeff Clark, who is Senior Precious Metals Analyst of GoldSilver.com. Both Jeff and Mike believe there will be a wealth transfer from fiat-backed assets to precious metals. This will overshoot, and that will be the time to pull profits and purchase other discounted assets.
More Stimulus Is Critical, Economic Recovery Further Away Than Markets Think: BlackRock CEO FinkJul 17, 2020 - 08:03:41 PDT
The U.S. economy is going to take longer to recover from the hit from the coronavirus pandemic than the market expects, and more stimulus is critical, BlackRock Inc Chief Executive Larry Fink said on Wednesday.
I have to confess, I'm not really feeling particularly fun this Friday. This past week was tax week.And taxes aren't fun.
Jul 17, 2020 - 07:32:19 PDT
This is Part 1 of a two-part chapter on the US Empire and its path along the archetypical big cycle of dominant powers. It covers the period up through World War II.
BlackRock Inc is hiring former U.S. Federal Reserve Vice Chair Stanley Fischer as a senior adviser, the world's largest fund manager said in a memo on Wednesday.
Macquarie's foreign exchange strategist says the currency can sometimes weaken around political events in the U.S., like the 2011 debt crisis or 2016 election.
The pound fell on Friday and was set for its worst week in a month, weighed down by a bleak economic outlook after the week's data showed few signs of an economic recovery.
" Unfortunately, there is little time left on the political calendar for Congress to act as the election season is about to begin in earnest. Without action, another plunge in confidence and a longer recession is likely. "
German Chancellor Angela Merkel raised doubts that European Union leaders, meeting in person for the first time in five months, would be able to agree this week on a landmark 750 billion-euro ($855 billion) recovery fund to help their economies heal from the pandemic.
As Big U.S. Banks Let Customers Delay Payments, Loan Losses Remain UnclearJul 17, 2020 - 07:07:28 PDT
Major U.S. bank executives this week said they extended forbearance programs to millions of credit card, auto loan and mortgage customers who were financially hard hit by the coronavirus pandemic.
Single-Family Home permits were up 11.8%, Multi-family permits down 14.0%...
Gold rose on Friday and was headed for its sixth consecutive weekly gain as surging coronavirus cases fuelled demand for safe havens.
Despite a resurgence in coronavirus in the US, most people still seem pretty optimistic about economic prospects. Stronger than expected retail sales last month boosted confidence. Most people seem to think if we can just conquer the virus, the economy will be fine. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey takes a deeper look at the underlying economic dynamics and the government response to COVID-19. He argues that we're still living in a bubble economy and we need the anti-bubble — gold.
The current fiat international monetary system is ending. European central banks have carefully prepared a new monetary system based on gold...