Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
U.S. Banks Are ‘Swimming in Money’ as Deposits Increase by $2 Trillion Amid the CoronavirusJun 22, 2020 - 04:36:18 PDT
The wall of money flowing into banks has no precedent in history: in April alone, deposits grew by $865 billion, more than the previous record for an entire year.
So far the market has shrugged off last Thursday's violent 6% drop, though it does seem the momentum of the mania has been substantially tampered down.
There has been a surge in coronavirus cases in the U.S. and Brazil, and further outbreaks in Germany — where the reproduction rate of the disease has risen substantially.
As strong investment demand continues pushing gold higher on balance, sooner or later the gold-futures speculators will join in to ride this upleg...
Gold prices are likely to reach $2,000 an ounce in 12 months on the back of low real interest rates and concerns over currency debasement, even as developed...
The stock market does not seem to care about unfolding events. And gold is still at elevated levels. Here are the 7 signals (charts) to look out for.
Jun 19, 2020 - 12:48:49 PDT
The U.S. federal government and its monopolist financier, The Federal Reserve, have created an economic fantasy world. They are now both feverishly trying to keep it going. If there's only one lesson of history that a person should understand, it's that central planning and central bank counterfeiting always fails.
The basis on which we have been explaining the purchasing power of money and the changes in and consequences of monetary phenomena has been an analysis of individual action.
Jun 19, 2020 - 12:29:38 PDT
You don't have to be scientist to guess that Americans are probably stressed out these days. The results of a new survey reveals the shocking extent of that stress.
JP Morgan has positioned itself to make a fortune with higher prices. The rest of the financial world will never realize until way after it’s too late...
The retail sales report was stronger than expectations, but while retail sales did bounce, the difficulty will be future growth as consumers are tapped out.
The important fact is continued unemployment claims have topped the 20 million mark for nearly two months.
But they have proved a reliable indicator of demand and inflation over the 2010s, more so than the labour market. If this continues, the US will find itself with high inflation, but with neither the theory nor data to manage it.
The fiscal debates over the next month should prove highly contentious, before a new spending package is finalised.
Fed To Add Pandemic Stress Test, Will Consider V-, U- Shaped Recovery; Double Dip RecessionJun 19, 2020 - 09:59:24 PDT
"Our first priority must be—and is—to understand the implications of quite plausible downside scenarios from our current position for bank capital."
The First Crack Appears in Bulls’ Thesis That the Stock Market Will Rise No Matter WhatJun 19, 2020 - 09:00:29 PDT
Money printing by the Federal Reserve has propelled stocks for more than a decade. But that effect may soon wear off.
Fed’s Rosengren Outlines Dark Forecast With Warning Over Virus: More Support Is Likely to Be NeededJun 19, 2020 - 08:57:01 PDT
Federal Reserve Bank of Boston President Eric Rosengren expects a weak economic rebound from coronavirus-related shutdowns and said more than 200 lenders had begun registration for the Main Street Lending Program. “More support is likely to be needed from both monetary and fiscal policy...
Jun 19, 2020 - 08:47:59 PDT
Economists expect it to begin yield-curve control in September. It seems as if there is nobody to whom the Federal Reserve will not lend. Since the covid-19 pandemic wrought havoc on financial markets in March, America’s central bank has promised to buy up to $750bn in corporate bonds and $500bn in state- and local-government debt.
ECB’s Lagarde Urges Quick EU Recovery Plan as Economy in ‘Dramatic Fall’Jun 19, 2020 - 08:37:32 PDT
European Central Bank head Christine Lagarde urged European Union leaders on Friday to quickly agree on a recovery package that would pull the economy from a "dramatic fall" or risk a change in sentiment on markets, which were expecting a deal soon.