Precious metals are apparently waking up. And here is where you can find the best deals.
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There are 4.66 million borrowers in government or private-sector forbearance programs, representing 8.8% of all active mortgages, according to Black Knight, a mortgage technology and data provider.
Why The Federal Government Is To Blame For The COVID 19 Resurgence: ForbesJun 12, 2020 - 05:09:53 PDT
Our federal government should have attacked the problem early, often, and vigorously—as vigorously as in those nations where their unemployment rates are not challenging Great Depression levels.
A Housing ‘Apocalypse’ Is Coming as Coronavirus Protections Across the Country ExpireJun 12, 2020 - 05:07:56 PDT
Evicting people in the middle of a global health crisis puts them at greater risk of contracting and spreading Covid-19, turning "a catastrophe into an apocalypse."
Stock Market Is a ‘Bubble’ That Will Likely ‘End in Tears,’ Scott Minerd SaysJun 12, 2020 - 05:02:09 PDT
Guggenheim Partners Global CIO Scott Minerd continued to sound the alarm about the stock market on Thursday, telling CNBC that the recent selloff could be just the start of a roughly 50% decline.
U.S. Insurers: Coronavirus Is an Unprecedented, & Claim They Are Not Required to Cover the CostJun 12, 2020 - 04:55:35 PDT
U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover.
The coronavirus has infected more than 7.53 million people around the world as of Friday, killing at least 421,856 people.
If anything close to this trend continues, you have to wonder what the threshold will be for states and cities to reinstate stay-at-home orders and close businesses again, just as they are starting to reopen.
These transactions create a mismatch at the BIS, and so far this mismatch has not been reported in BIS annual reports...
Gold is one of the few reliable recession hedges. The big question now is, will this recession be very dramatic, will it be worldwide, or will it be a...
Gold futures climbed on Thursday to their highest finish in more than a week, supported by growing concerns of a resurgence in U.S. cases of coronavirus and a sobering economic outlook from the Federal Reserve.
Gold is one of the few reliable recession hedges. The big question now is, will this recession be very dramatic, will it be worldwide, or will it be a full-fledged depression. What matters is the steps taken by central bankers and government, which so far are unprecedented.
This rally has humbled not only Warren Buffett but also Stan Druckenmiller, Sam Zell, Carl Icahn, Paul Singer, Jim Rogers and a host of other true geniuses of the industry whom have bet against it. It seems like it may soon be time for it to carry out those betting with it.
...the periods were great times to become a natural resource investor when they became very cheap relative to paper assets. Some examples have been 1929, 1969, 1999 and now today. Those have been the major bottoms.
Should Gold Bulls Celebrate The Fed's Persistent Zero Percent Interest Rate (ZIRP) Policy?June 11, 2020
The Fed sees its federal funds rate to remain near zero at least until 2022. What does this mean for the gold market?
Peter Boockvar Sees Inflation Later This Year Into Next, Bets on Gold and SilverJun 11, 2020 - 11:05:06 PDT
Bleakley Advisory Group's Peter Boockvar believes the rally will go on pause when most of the economy reopens.
For a long-term look at the impact of inflation on the purchasing power of the dollar, check out this log-scale snapshot of fourteen-plus decades and how the value of the dollar has declined.
The Fed's monetary policy helped provide a mirage of a "strong economic footing" but as we are finding out the economy was anything but strong.
Inflation is in retreat across Latin America, creating space for policy makers to provide even more stimulus for their crashing economies.
When our current stimulus runs out, some of this newly found capital will return to “Money Heaven” in the sky!
Total U.S. Debt Surges to $55.9 Trillion Amid Big Increases in Corporate and Government BorrowingJun 11, 2020 - 09:17:51 PDT
Total domestic nonfinancial debt jumped by 11.7% in the quarter to $55.9 trillion, the Fed said in its quarterly statement on domestic financial accounts.