Precious metals are apparently waking up. And here is where you can find the best deals.
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Jul 2, 2020 - 12:58:42 PDT
This week, stock market traders will monitor the rising number of cases of Covid-19, how many people are filing for unemployment, and gold prices.
It’s time for our quarterly update, where we look at the performance of gold and other major asset classes, along with year-to-date performance. We also look at the Fed’s impact on gold, the gold/silver ratio, and the prognosis for the second half of the year. See what message you glean from last quarter’s action…
A Breakdown of Where the Jobs Are Coming Back and Where They May Never Fully ReturnJul 2, 2020 - 12:53:52 PDT
For some sectors, the road to total recovery may take years — or worse, never occur.
Jobs Data Broken? More People Getting Unemployment Benefits Than There Are Unemployed WorkersJul 2, 2020 - 12:49:35 PDT
Adjusted unemployed workers?
Stunning Surge In New CMBS Delinquencies Heralds Commercial Real Estate DisasterJul 2, 2020 - 11:56:36 PDT
April was ugly, May was even worse. But both pale in comparison to what the latest June CMBS remittance data.
To wind up with true hyperinflation, some very bad things have to happen. The government has to completely lose control and the populace has to completely lose faith in the system – or both at the same time. Will the U.S. go down that path? Let’s review the situation.
‘There’s No Cause for Celebration’: Unemployment Is Falling, but It May Be Short LivedJul 2, 2020 - 11:01:40 PDT
The employment crisis is still worse than any time since the Great Depression, the country’s worst economic downturn in its industrial history.
Nein! Venezuela's ‘Embattled Ruler' Maduro (Also Known As The President) Denied Venezuela's Gold Held By The BOEJuly 2, 2020
Because when the US picks Venezuela's President, and when US allies go along with the Regime Change, why in the heck would Venezuela get its gold back?
Larry Lindsey, the former director of the National Economic Council, under President Bush #43, came out on CNBC this morning making a market call of an S&P500 at 4,000, based solely on the expansion of the money supply via the Fed balance sheet.
BLS Admits "Survey Error" Continues, Resulting In Artificially Lower Unemployment RateJul 2, 2020 - 10:24:12 PDT
If the workers who were recorded as employed but absent from work due to "other reasons" had been classified as unemployed on temporary layoff, the overall unemployment rate would have been about 1 percentage point higher than reported.
The Federal Reserve wrote those words to Congress in its recent “Monetary Policy Report.” These are usually rather vague, dry documents on everything the Fed is doing right and what could possibly go wrong.
Jul 2, 2020 - 09:52:47 PDT
The White House will “seriously consider” a second stimulus payment, Treasury Secretary Steven Mnuchin said during a news conference Thursday morning.
Dr. Gottlieb Says He Thinks the Worst of the U.S. Virus Epidemic ‘Will Be Over by January’Jul 2, 2020 - 09:47:38 PDT
"This will be over by January one way or the other," former FDA Commissioner Dr. Scott Gottlieb said on "Squawk Box."
As all debt faces failure, as most assets break down, as countless households struggle, and as the King Dollar faces a certain sunset, true safe haven will...
"Black Swan" reinsurance schemes backed by governments could help businesses get insurance pay-outs after huge shocks such as the coronavirus pandemic, Lloyd's of London said.
The World Bank projects the recession in Latin America and the Caribbean will be the worst downturn since reliable data began in 1901, setting back progress on fighting inequality and poverty.
The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock.
Forty million Americans lost their jobs, and at least 20 million of those are still unemployed. Income in America fell to such low levels that federal tax revenues fell by more than 50 percent year over year in April and remained down more than 25 percent in May. These are losses of historic proportions.
Republicans and Democrats are considering new aid for workers and businesses, but lobbyists and lawmakers say the Trump administration is not deeply engaged.
Gold is crushing fiat currencies all over the world, in fact there is only one major currency in which gold is not trading at all-time highs. Find out how long this situation may last in today’s video.