Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
The Bank of Japan's yield curve control (YCC) is drawing attention from other central banks, including the U.S. Federal Reserve, as a possible policy tool to help economies recover from the devastation caused by coronavirus pandemic.
Federal Reserve Ramps Up Deliberations on Asset Purchases, Rate Guidance May 29, 2020 - 07:14:18 PDT
Fed officials head into their next policy meeting deliberating how to assist an economy in a deeper hole than it faced after the 2008 financial crisis at a time when their tools might have less zip.
U.S. Fed’s Total Balance Sheet Size Rises To $7.15 Trln On May 27 Versus $7.09 Trln A Week Earlier - Fed Data
That wasn't supposed to happen.
Savings Rate Soars To Record Highs As American Consumer Spending CrashesMay 29, 2020 - 06:54:34 PDT
The question is - what happens when that government transfer runs out?
The Dow Jones is back of 25,000 and despite increasing tensions with China, people seem pretty optimistic about the economic future as states begin to open back up. SchiffGold Friday Gold Wrap host Mike Maharrey says people should know better. He makes his case by digging into some of the long-term ramifications of the economic shutdown and the government/central bank response to it. He also recaps the last month in the gold and silver markets.
Gold prices rose on Friday, supported by lingering U.S.-China trade tensions, while market participants cautiously awaited Washington's response to the Chinese parliament's approval of a national security law for Hong Kong.
Stocks in the U.S. are expensive on a range of valuation multiples and could come under pressure as geopolitical tensions escalate, according to Oxford Economics.
Investors should start trimming equity holdings following the recent rally as tensions heat up between the U.S. and China, according to JPMorgan Chase & Co.’s strategist Marko Kolanovic.“We are dialing down our positive outlook on equities and would like to see these political risks show...
European Central Bank Governing Council member Ignazio Visco said on Friday policy makers had to head off deflationary risks from the abrupt halt to economic activity in the coronavirus lockdown as data from Italy showed prices fell in May.
Rep. Alexandria Ocasio-Cortez took to Twitter to remind those who don’t have permanent homes that they are still eligible for the coronavirus stimulus checks.
This is the second of two columns.Americans have a long tradition of looking after one another during crises. It was on display after the terrorist attacks on Sept. 11, 2001; after hurricanes Katrina, Sandy and Harvey battered coasts; after floods swamped the Midwest; ...
Quarrels: “Our intention is to buy and hold.” That answer from Quarles effectively means that the Fed plans to keep its corporate bond buying program alive for at least half a decade. Here’s how we know that.
Many countries are releasing GDP data for the first three months of the year — when the coronavirus started to spread globally, but that data may not be as accurate.
Hong Kong: World Leaders React to China’s Controversial National Security BillMay 29, 2020 - 05:00:38 PDT
China on Thursday approved a controversial proposal to impose a security law for Hong Kong, reigniting concerns over the financial hub's diminishing freedoms.
Corporations have already raised more than $1 trillion as they race to replace other debt cheaper and raise cash to weather the recession.
President Donald Trump said Thursday he would hold a news conference “on China” on Friday, but he offered no details. The announcement sent markets tumbling.
Global cases: More than 5.81 million. Global deaths: At least 360,437.U.S. cases: More than 1.72 million. U.S. deaths: At least 101,617
Our society knows how to do science well. But due to Big Pharma protecting its profits, or political agendas, or whatever the reasons may be -- we are not getting rigorous trustworthy research findings at a time when we need them most.
The US economy should rebound later this year, but is not out of the woods yet. What does it imply for gold?