Precious metals are apparently waking up. And here is where you can find the best deals.
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Treasury Secretary Steven Mnuchin said Thursday morning that shutting down the U.S. economy for a second time to combat the spread of Covid-19 isn’t a viable option and could cause even more headaches for Americans.
On Tuesday, the national debt pushed above $26 trillion.Just 35 days ago, the debt eclipsed $25 trillion. And 28 days before that, the national debt stood at a mere $24 million.
...average joe's cost of living is soaring.
Jobless Claims Continue To Surge, Dashing V Shaped Payrolls Surprise HopesJun 11, 2020 - 05:51:11 PDT
The big question is - what happens when the $600 CARES Act bonuses stop flowing at the end of July?
First-time claims for unemployment insurance were expected to total 1.6 million last week, according to economists surveyed by Dow Jones.
Gold futures rallied as the Federal Reserve vowed to hold interest rates lower for longer. The haven pushed higher after Chairman Jerome Powell said Wednesday the Fed is committed to “do whatever we can, for as
If central bankers’ predictions about the economy are accurate, then stimulus will keep flowing for a lot longer.
Despite the better than expected employment report last week and constant chatter about a quick economic recovery, the Federal Reserve has no intention of rolling back what Peter Schiff called its "monetary Hail Mary."
Central banks’ demand for dollars is running below levels experienced in the financial crisis, signalling that the Fed's move to flood the markets with funding has eased fears that the global lockdown could trigger a financing crunch.
Irresponsible for the Fed to Say It’s Not Concerned About Asset Prices, Economist SaysJun 11, 2020 - 05:01:18 PDT
Dan Lacalle, chief economist at Tressis Gestion, discusses central banking and global markets.
European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of the coronavirus outbreak, two people familiar with the matter told Reuters.
Expect Deflation to Follow a Relatively Short, but Deep, Recession, Strategist SaysJun 11, 2020 - 04:50:48 PDT
Ahead of the U.S. Federal Reserve's interest rate decision, Jonathan Sheridan, chief investment strategist at Australian investment company Fiig, shares his analysis on Treasury yields and portfolio strategies.
Frothy Trading in Bankrupt Companies, Penny Stocks Sent Red Flags That a Pullback Was DueJun 11, 2020 - 04:49:42 PDT
With the S&P 500 more than 45% off its low, analysts have been seeing some frothy stock trading and signs the market is overbought and could be ready for a rest
Global Stocks Plunge After the Fed Predicts a Bleak Future for Jobs and the US EconomyJun 11, 2020 - 04:45:28 PDT
Global stocks dropped on Thursday after the US Federal Reserve painted a gloomy picture for the US economy in the coming years.
The moves in futures followed two straight days of losses for the 30-stock Dow and S&P 500.
The coronavirus has infected more than 7.3 million people around the world as of Thursday, killing at least 416,201 people.
State lockdowns lifting across the US. businesses and public spaces opening back up. Mass protests bringing thousands together in close quarters. Will we see a resurgence in covid-19 infections as a result? Unknown at this moment, but we shouldn't have long to wait.
The fear behind the price finally popped into Gold yesterday...
Top Primary Silver Mining Industry Production Yield Falls To The Lowest EverJun 10, 2020 - 13:43:00 PDT
The era of high-grade silver mines may be coming to an end. Remarkably, the top primary silver miners’ average yield fell to the lowest ever in 2019
Goldman Sachs expects gold to reach $1,800 per ounce on a 12-month basis and the tail risk of above-target inflation as a potential driver for prices to climb beyond $2,000.