Precious metals are apparently waking up. And here is where you can find the best deals.
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"With the rescue package and the reopening of the economy as we transition, 80 percent of small businesses according to the Chamber of Commerce are reopening. ... New business applications are roaring," Kudlow told "Sunday Morning Futures." "I think we're off to the races in what will be a very strong V-shaped recovery."
M2 Money Supply is surging. Will gold follow? Let's investigate an alleged relationship between gold and M2, a measure of money supply in the US.
Winners in this crisis: Ecommerce – for retailers that don’t sell men’s office & formal wear – and for sure, lawyers.
So what do we know with any sort of certainty about the claim that "the pandemic is over"? Very little.
The International Monetary Fund expects to further revise down its forecast for the global economy this year.
Holdings in gold-backed ETFs charted another all-time high in May as inflows in dollar-terms have already set a yearly record just five months into 2020.Globally, funds added another 154 tons of gold to their holdings boosting the total to a record 3,510 tons, according to the latest data released by the World Gold Council.
According to White House trade advisor Peter Navarro, the president wants the next stimulus to bill “at least $2 trillion.” This is nearly double the $1 trillion amount that Senate Majority Leader Mitch McConnell said he would target and two-thirds the size of the $3 trillion Heroes Act that House Democrats passed.
On Wednesday, Fed Chair Jerome Powell stated he is considering “yield curve control.” Previously, in the 1940s, when the Federal Reserve controlled the yield curve, it created deeply negative real interest rates. If repeated today, this would cause the gold price to sky-rocket.
Gold slipped on Monday as the dollar lingered near a more than one-week high, but the decline was limited by fears of a second wave of coronavirus infections in Beijing.
The risk though is that the pandemic is inflicting a “reallocation shock” in which firms and even entire sectors suffer lasting damage. Lost jobs don’t come back and unemployment stays elevated.
The U.S. Treasury market’s bears weren’t in control for very long.On the cusp of a breakout higher a week ago, yields have been reeled back into familiar territory after investors reassessed just how slow and painful the economy’s revival from the pandemic may be. The Federal Reserve’s...
Federal Reserve Chairman Jerome Powell will deliver a cautionary message about the U.S. economy and Covid-19 when he appears twice this week on Capitol Hill.
After the stock market tanked last week, the Trump administration tried to do damage control and talk the economy back up. In his podcast, Peter Schiff said the damage control fell flat. In fact, everything the government is doing claiming to help isn't helping at all.
Financial crisis erupted in March. The Fed slashed rates at a March 3rd emergency meeting – and then began aggressively expanding its holdings/balance sheet (creating market liquidity). Even from a “flow of funds” perspective, it was one extraordinary quarter.
Developments are happening too quickly to process for many folks, creating a persisting cloud of confusion. Here's how to find positive direction.
Americans better become reacquainted with Gold and Silver. With the Federal Government adding $25 billion of new debt every day so far this year, at some point, investors are going to lose faith in the U.S. Dollar and U.S. Treasuries. Just think about that for a minute. On average, for every working day this year (116 days so far), the U.S. Public Debt has increased by $25 billion.
Speculators' net bearish bets on the U.S. dollar grew in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
House Flipping Hits a Record Before the Coronavirus Pandemic Swept the US: StudyJun 15, 2020 - 05:00:21 PDT
House flippers renovated over 53,000 single-family homes and condos in the first quarter, representing 7.5% of all homes sold — the highest proportion since 2006, up from 6.3% the previous quarter.
Small-business owners who were able to get into the Paycheck Protection Program early have a new worry: They are running out of money, and they're a long way from recovering their revenues.
Dow Futures Sink 600 Points as Market Pullback Continues, Airline and Retail Shares DeclineJun 15, 2020 - 04:51:22 PDT
The early morning trading action in futures market followed a big pullback last week.