Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
The weak financial condition of seven US public pension plans threatens to deplete their assets by 2028, leading to severe risks for the living standards of thousands of American employees and retired workers.
Unfettered globalisation is over. That is not a controversial statement at this point for obvious reasons, from the post-Covid-19 retrenchment of complex international supply chains to the decoupling of the US and China. It’s hard to imagine a reset to the 1990s neoliberal mindset, even if Joe Biden wins the…
The U.S. central bank now has a stake in the fortunes of a broad swath of corporate America after buying about $1.3 billion of bond funds with debt issued by firms in all walks of the world's biggest economy, from Apple Inc to a clutch of companies in bankruptcy.
US president Donald Trump’s view that the country should accept the “gift” of negative interest rates would be hugely damaging for the nation’s $4.8tn money market funds sector.Mr Trump believes the US suffers a competitive disadvantage against nations that have more aggressively pursued unconventional monetary policies to support their economies.So…
Treasuries Barely Rose. Liquidity Swaps & Repos Stalled. But one of the Fed’s “13(3) Facilities,” managed by State Street, jumped.
Flooding the financial system with "free money" only restores the illusion of stability...
Amazon, Target and Apple Scale Back Business in Cities Hit Hard by ProtestsJun 1, 2020 - 05:05:43 PDT
Some major retailers closed hundreds of stores as protests against police violence rolled on this weekend.
The greenback, in terms of the US Dollar Index (DXY), is shedding further ground at the beginning of the week and is now putting the 98.00 mark to the
On Friday afternoon, Federal Reserve Chairman Jerome Powell did a Q&A session with Princeton economist Alan Blinder. Powell admitted that the central bank had "crossed a lot of red lines," but insisted he was comfortable with the actions given "this is that situation in which you do that, and you figure it out afterward.”In his podcast, Peter Schiff called it the Nancy Pelosi version of monetary policy. "We need to print the money to see where it goes."
Presenting the most diabolical feedback loop of modern monetary policy and economics.
With markets this overextended, your window of time to take action will likely be quite brief...
Goldman Sachs has begun to establish short positions on the dollar as the reopening of economies is expected to lure investors out of the traditional safe-haven currency.
Companies are not issuing financial guidance, but CFOs of major corporations are increasingly certain of a coronavirus negative impact in 2020, according to the Q2 CNBC CFO Council Survey.
The coronavirus has infected more than 6.1 million people around the world as of Monday, killing at least 372,116 people.
Increasing riots signal it’s time to more seriously consider your approach to personal security, especially if you live in or near a city
When the media figures this out, the coverage will be catchy. Here’s a very early and relatively staid example...
Gold could rally to levels near $2400 on this next breakout move...
It is possible that some governments attempt to confiscate gold. But it is an extremely difficult exercise to both legally and logistically conduct...
With the U.S. heading into an economic depression, it will likely motivate more investors to protect their wealth in precious metals. Thus, we could experience a U.S. economic depression and, at the same time, a bull market in gold and silver.
First the Deflationary Deluge of Assets Crashing, Then the Tsunami of InflationMay 29, 2020 - 12:53:47 PDT
Once the pool of greater fools dries up, stocks crash regardless of what the Fed does or bleats.