Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
The best performing precious metal for the week was silver, up 3.78 percent on stronger industrial demand. After a slow start to the week, gold and silver were moderately higher in midday...
Through fiscal 2030, the virus will reduce real economic output — nominal GDP adjusted for inflation — by 3% from initial economic estimates in January before the pandemic hit, the Congressional Budget Office said.
Peter and George take a deep dive into stagflation, inflation, deflation and what that means for the US dollar, commodities and gold. How will the lockdowns and the reopening affect the economy long term?
Jun 1, 2020 - 12:55:34 PDT
"The wobbling performance of cyclicals so far and the continuation of Momentum indicates the fragility of the underlying pending economic recovery," ... That could suggest that the worst may not be over in the markets, according to the note.
The housing market has seen more extraordinary Fed intervention this year than ever before, and it risks creating another price bubble.
Mortgage investors have yet to enjoy robust returns this year despite the Federal Reserve providing $688 billion of support to the sector since mid-March.
As the Senate returns to Washington, D.C., on Monday after a weeklong break, analysts are predicting that another big coronavirus aid package is likely to come by late July.
The Dow Will Fall Back to Coronavirus Crash Level Below 19,000 Before New High: CFO SurveyJun 1, 2020 - 11:21:55 PDT
More chief financial officers of major corporations surveyed by CNBC expect the Dow Jones Industrial Average to retest the coronavirus crash level below 19,000 before setting a new high, according to the Q2 CNBC Global CFO Council survey.
Our most famous visualization, updated for 2020 to show all global debt, wealth, money, and assets in one massive and mind-bending chart.
A global pandemic and historic economic downturn. A rapidly escalating U.S./China cold war. Surging U.S. unemployment and economic depression. A deeply fragmented society with intensifying animosity and conflict. Heightened social instability, with mounting protests (and even a number of ugly riots). Friday Drudge headline: “A Society On Brink of Complete and Utter Chaos…”
Strip away the veneer of President Xi Jinping’s “China Dream” policy and you will find 600 million people earning just 1,000 yuan a month.
How can a company be doing worse open than when it is closed? That’s the puzzle presented on Monday by the latest round of purchasing managers index readings...
Racial injustice may be today’s rage. But there’s plenty of other injustices for people to go mad over. By the dogdays of August, no doubt, when the weekly $600 unemployment checks program has expired, riots will come to a Target near you.
Jun 1, 2020 - 10:42:42 PDT
The US Constitution is the spectacular framework upon which our nation is built. The framers even built in a means to right the terrible wrongs that were beyond their capabilities at the time...the amendment has been utilized 27 times in all (most recently in 1992), righting freedoms of religion, equality of all races and sex, among others.
...the United States is not immune to social disruptions. The source of these problems is compounding due to the public’s failure to appreciate “why” it is happening...
Meanwhile, trade frictions between the world’s two largest economies will also “start to put a dent in the global economic recovery trade and that should provide gold with further support,” Moya said in a Monday note.
Judging from futures and alleged jewelry demand, the price of gold ought to be falling. But it isn't. Let's explore what's happening with the price of gold and why.
In listening to market chatter urging the Federal Reserve to do more, I’m reminded of two simple insights I was exposed to years ago that have stayed with me. They don’t help predict what the Fed will end up doing, but they help shed light on the possible consequences.
Investors are pouring money into gold as a hedge against inflation on concerns that central banks’ and governments’ stimulus measures will lead to a surge in prices.