Precious metals are apparently waking up. And here is where you can find the best deals.
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Jun 4, 2020 - 05:19:24 PDT
Germany has agreed on an economic stimulus package worth 130 billion euros (146 billion US dollars) to mitigate the economic effects of the COVID-19 pandemic, Chancellor Angela Merkel said late Wednesday.
Jun 4, 2020 - 05:09:18 PDT
Experts say a second round of stimulus checks isn't the best way to help the economy now, but differ on what stimulus should continue.
Market’s Make or Break Moment in One Chart Draws Parallels to the Opposing 2001 & 2009 RecoveriesJun 4, 2020 - 05:03:31 PDT
Economic Cycle Research Institute co-founder Lakshman Achuthan has narrowed the possible recovery paths into two scenarios: The dot.com bubble collapse and financial crisis aftermath.
The U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline. The legislation, already passed by the House of Representatives, now goes to
Millions of Americans Skip Payments as Tidal Wave of Defaults and Evictions LoomsJun 4, 2020 - 04:54:16 PDT
Hardship programs appear to be helping many people pause payments and survive the economic shutdown so far. But not everybody is getting the help, and advocates see big potential trouble ahead.
"We don't need to be telling people that we're going to dominate them. That language doesn't work," said an expert in national security.
Coronavirus Live Updates: U.S. Hospitalizations on the Rise, Former FDA Chief SaysJun 4, 2020 - 04:43:55 PDT
The coronavirus has infected more than 6.53 million people around the world as of Thursday, killing at least 386,392 people.
"If our research is correct, both Gold and Silver will rally higher by about 7.5% to 14% – setting up new price highs for both metals."
People are getting excited about gold and silver right now, and with good reason. We have all lived through previous bull runs, but who actually made...
It appears that gold prices are trying to be capped from getting to $1800/oz, but closer to around $1700 for now...
The Fe’s efforts to stabilize the economy may encourage companies to take on too much risk, inflating a corporate-bond bubble, according to Scott Minerd, chief investment officer at Guggenheim Investments.“It’s going to allow the excessive leverage -- which had already been
Bill Dudley: "The Fed Is Basically Creating A Little Bit Of Moral Hazard"Jun 3, 2020 - 12:59:23 PDT
"For the Federal Reserve to intervene and support those asset prices, is basically creating a little bit of moral hazard in the sense you’re encouraging people to take on more debt."
“Nothing is so permanent as a temporary government programme,” according to Milton Friedman, the 20th century free-market economist. His views echo the deeper concerns of pension plans worldwide, with the US Federal Reserve now shifting into overdrive.The scale and speed of its latest over-reach has no parallel: monetising government debt and…
June begins and we are now two months past the dark days of the Great Lockdown, when the Dow closed at 18,592 points on March 23. Despite having no duty to protect the stock market, investor’s prayers were answered when the Fed announced one of the greatest anticapitalist interventions the nation has ever seen.
The Post Covid Economy Will Be Very Different From the Pre Pandemic Bubble EconomyJun 3, 2020 - 12:20:23 PDT
The majority of the Pre-Pandemic Bubble Economy was unsustainable:...
This month-to-month spike of 481 basis points in the Trepp CMBS Delinquency Rate was the largest in Trepp’s data going back to 2009:
The Pet Rock Of Pet Rocks! First Gold Coin Struck In The United States Is For Sale, For $15 Million!June 3, 2020
Seems like a fire sale compared to the other high-priced items we've seen at auction over the years...
Too fast, too furious describes the April/May advance after the fastest 30% decline in history as a generation of investors front run the Fed and liquidity.
Today Mike Maloney recorded a video that he later decided to split into two parts. Viewers have been asking for the past few days for his opinion on the recent social unrest, so Mike added his thoughts as an introduction to his planned video for the day. After recording the video, he thought it would be best to split off the section on gold and silver ETFs into its own video. We hope you enjoy watching these two important videos.
Goldman, JPMorgan, Deutsche Bank and Citigroup Turn Bearish on US Dollar, Say Dramatic Falls LikelyJun 3, 2020 - 09:00:14 PDT
After the US dollar fell to its lowest in three months against its six major rivals, the Wall Street strategists, including Goldman, JPMorgan, Deutsche Bank and Citigroup, argued in recent days that the currency’s long rally could be finally over,...