Precious metals are apparently waking up. And here is where you can find the best deals.
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The Fed had all kinds of excuses. It said it was not QE, but it was. . . . The debt at the end of 2019 for the world was three times GDP. For every $3 borrowed, only $1 of economic activity occurred. That’s what we started 2020 with. Throw a pandemic into that . . . and you have a long drawn out financial and economic crisis.”
Remember last earnings season? When companies were reporting their worst quarter since the financial crisis. And nobody dared guess what the future held. Bankruptcy risk was everywhere. Oh, and stocks rallied so hard that $5 trillion got added to share prices.It’s safe to say investors...
China imposed a program to keep large transactions in check amid heightened concerns over the state of its financial system as bad debt balloons in the wake of the coronavirus outbreak.
Goldman Sachs Group Inc. economists revised down their estimates for the U.S. economy this quarter, but predicted it will be back on track in September after some states imposed fresh restrictions to combat the coronavirus.While consumer spending appears likely to stall this month and
Two U.S. aircraft carriers were conducting exercises in the disputed South China Sea on Saturday, the U.S. navy said, as China also carried out military drills that have been criticised by the Pentagon and neighbouring states.
Here Are Five Charts Tracking the U.S. Economy Amid the Coronavirus PandemicJul 6, 2020 - 04:30:08 PDT
The United States has reported record increases in coronavirus cases with spikes seen in states well underway in their reopening progress.
Jul 6, 2020 - 04:25:59 PDT
What would happen if a covid-19 Wave 2 requiring a serious lockdown gets disrupted by a major natural disaster? Nothing good.
Hundreds of Scientists Reportedly Claim Who Is Downplaying Risk of Airborne Spread of CoronavirusJul 6, 2020 - 04:24:35 PDT
The experts argue the WHO needs to give more weight to the role of the airborne spread of Covid-19, The New York Times reported on Saturday.
With total covid-19 cases worldwide having punched above 10 million and the US now experiencing 50,000(!) new infections per day, the end to the pandemic looks nowhere in sight.
Even if another flock of black swans drop dead mid-flight and come hurtling down to earth, this one still probably takes the cake...
As we saw in the wake of the financial crisis of 2008, gold and silver will have the ability to go up quite substantially as the Fed’s book increases...
"Silver continues to run into a brick wall at 19 while momentum continues to wane...took just one day this week for it to fall from 19 to 18. It also […]
With the U.S. economy surging, the U.S. dollar sinking, and the return of inflation, commodities and materials will soar. All this can...
What are the most significant developments that have occurred since 1971?
And what does that mean for silver and the mining shares...
Independence Day has always been one of my favorite holidays. I love the food, the fireworks and the parades. And the message of independence has always resonated with me - ever since I was a little kid.Unfortunately, Fourth of July festivities have been canceled in most cities and counties - by governments. Which is painfully ironic.
Gold just finished Q2 at its highest level in over 8 years, wrapping up its best quarter since 2016. The Fed monetary policy in response to the coronavirus pandemic has put a strong tailwind behind gold. But as host Mike Maharrey details in this week's Friday Gold Wrap podcast, gold has been on a bull run for quite some time - long before COVID-19 reared its ugly head. Why? And what might this tell us about what's ahead?
The dollar privilege, enjoyed by all Americans, is about to go away. When the dollar loses its reserve status, gold will take its place...
Jul.02 -- Ray Dalio, the billionaire founder of Bridgewater Associates, the world's largest hedge fund, discusses his views on the global economy amid the coronavirus pandemic and why he's worried about the U.S.'s ability to compete with China. He spoke in a 30-minute conversation with Bloomberg’s Erik Schatzker during the Bloomberg Global Asset Owners Forum.
World’s Two Largest Silver Producers Mine Supply Cut Drastically In AprilJul 2, 2020 - 13:07:48 PDT
With Mexico finally releasing its mine supply data for April, the top two silver producers saw their combined silver output decline by 53%.